Citigroup Lowers NuScale Power (NYSE:SMR) Price Target to $11.50

NuScale Power (NYSE:SMR) had its price objective dropped by investment analysts at Citigroup from $18.50 to $11.50 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has a “sell” rating on the stock. Citigroup’s target price would indicate a potential downside of 8.29% from the stock’s previous close.

Several other research analysts have also recently weighed in on SMR. Weiss Ratings reiterated a “sell (d-)” rating on shares of NuScale Power in a report on Monday, December 29th. Barclays cut their price objective on shares of NuScale Power from $45.00 to $15.00 and set an “equal weight” rating on the stock in a research report on Monday, February 23rd. Cantor Fitzgerald lowered their target price on NuScale Power from $55.00 to $20.00 and set an “overweight” rating for the company in a report on Tuesday, February 24th. UBS Group set a $20.00 price target on NuScale Power in a report on Tuesday, November 25th. Finally, Texas Capital raised NuScale Power to a “strong-buy” rating in a research report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $21.42.

NuScale Power Price Performance

Shares of NuScale Power stock opened at $12.54 on Monday. The company has a market capitalization of $3.74 billion, a P/E ratio of -4.34 and a beta of 2.19. The business has a 50-day moving average of $16.66 and a two-hundred day moving average of $26.66. NuScale Power has a 1 year low of $11.08 and a 1 year high of $57.42.

NuScale Power (NYSE:SMR) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.80) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.70). NuScale Power had a negative net margin of 1,130.26% and a negative return on equity of 55.23%. The business had revenue of $1.81 million during the quarter, compared to analyst estimates of $8.76 million. On average, equities analysts anticipate that NuScale Power will post -0.73 EPS for the current fiscal year.

Insider Activity at NuScale Power

In other news, insider Clayton Scott sold 22,478 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $12.22, for a total value of $274,681.16. Following the completion of the transaction, the insider owned 132,852 shares in the company, valued at $1,623,451.44. This trade represents a 14.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Jose N. Reyes, Jr. sold 25,951 shares of NuScale Power stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $12.22, for a total value of $317,121.22. Following the completion of the sale, the chief technology officer directly owned 268,081 shares in the company, valued at approximately $3,275,949.82. This represents a 8.83% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 675,610 shares of company stock worth $9,085,239. Corporate insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On NuScale Power

A number of institutional investors and hedge funds have recently made changes to their positions in SMR. Vanguard Group Inc. grew its stake in shares of NuScale Power by 40.5% in the fourth quarter. Vanguard Group Inc. now owns 15,545,018 shares of the company’s stock valued at $220,273,000 after buying an additional 4,482,254 shares in the last quarter. Van ECK Associates Corp lifted its stake in NuScale Power by 117.8% in the fourth quarter. Van ECK Associates Corp now owns 11,515,561 shares of the company’s stock valued at $163,176,000 after acquiring an additional 6,227,747 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of NuScale Power by 22.6% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,310,961 shares of the company’s stock valued at $263,195,000 after acquiring an additional 1,346,796 shares during the period. Morgan Stanley increased its stake in shares of NuScale Power by 81.0% during the 4th quarter. Morgan Stanley now owns 5,277,905 shares of the company’s stock worth $74,788,000 after purchasing an additional 2,361,532 shares during the last quarter. Finally, Samsung C&T Corp raised its holdings in shares of NuScale Power by 98.9% in the 3rd quarter. Samsung C&T Corp now owns 5,185,804 shares of the company’s stock valued at $186,689,000 after purchasing an additional 2,578,702 shares during the period. Institutional investors own 78.37% of the company’s stock.

Key Headlines Impacting NuScale Power

Here are the key news stories impacting NuScale Power this week:

• Positive Sentiment: Bullish sector piece arguing NuScale’s NRC Standard Design Approval and first‑mover position make it the leading SMR play for AI/data‑center baseload demand; note also the firm’s reported ~$1.3B cash runway. Article Link
• Positive Sentiment: The Motley Fool included NuScale among “2 Nuclear Energy Stocks to Buy in March,” supporting retail interest and reinforcing demand narratives for SMR exposure. Article Link
• Neutral Sentiment: Wall Street price‑target resets: Goldman Sachs and RBC cut targets to $14 (Goldman: neutral; RBC: sector perform), and Canaccord trimmed its target — these compress upside expectations but are mixed rather than uniformly bearish. Analyst Coverage
• Negative Sentiment: Multiple securities‑class‑action filings and law‑firm investor alerts allege misstatements tied to the ENTRA1 commercialization partnership; April 20, 2026 is the lead‑plaintiff deadline — creates legal overhang and liability risk. Rosen PR
• Negative Sentiment: Significant insider selling: director Corp Fluor sold ~463,747 shares (~$6.1M at ~$13.15) and several senior executives (CEO, CFO, CTO, COO) disclosed recent sales reducing their holdings — large insider exits often weigh on sentiment. SEC Form 4 (Corp Fluor)
• Negative Sentiment: Citigroup cut its target to $11.50 and issued a “sell” rating — a headline bearish call from a major broker that likely pressured shares. Benzinga Note
• Negative Sentiment: Coverage scrutinizing the ENTRA1 partnership and valuation after the legal filings highlights execution and disclosure risk that could affect future partnerships or PPAs (e.g., TVA discussions). Yahoo Article

About NuScale Power

NuScale Power Corporation, trading on the NYSE American under the ticker SMR, is a pioneering developer of small modular nuclear reactors. Established in 2007 as a spinout from Oregon State University, the company is headquartered in Portland, Oregon. NuScale’s mission is to deliver zero-carbon baseload power through scalable modular reactor technology, aiming to transform traditional nuclear energy deployment.

At the core of NuScale’s offering is the VOYGR small modular reactor design, featuring 77-megawatt electric (MWe) modules with passive safety systems.