NuScale Power Corporation (NYSE:SMR – Get Free Report) shares reached a new 52-week low during trading on Thursday . The stock traded as low as $9.66 and last traded at $9.7880, with a volume of 3703977 shares changing hands. The stock had previously closed at $10.26.
NuScale Power News Summary
Here are the key news stories impacting NuScale Power this week:
- Positive Sentiment: NuScale announced an alliance with Ebara Elliott to test pairing its certified small modular reactors with petrochemical facilities to provide industrial process heat — a clear commercial expansion beyond electricity that could open new revenue streams if demonstrations succeed. NuScale Alliance With Ebara Elliott Tests New Industrial Heat Opportunity
- Positive Sentiment: Opinion pieces argue the steep decline (the stock is down substantially from prior highs) creates a deep-entry opportunity for long-term investors who believe in NuScale’s SMR technology and long-term commercial pipeline. These views could support bottom‑fishing interest. NuScale Power Is Down 80% — That’s Great News for Long-Term Investors
- Positive Sentiment: Sector commentary suggests the broader nuclear pullback may represent a buying opportunity for select reactor and uranium plays; that narrative can attract rotational capital into beaten-down names like SMR if macro sentiment improves. Nuclear’s Pullback: A Generational Buying Opportunity?
- Neutral Sentiment: A comparative analysis piece reviews NuScale versus peers (e.g., BWX) to weigh competitive positioning, technology readiness and capital needs — useful for investors doing relative valuation or portfolio decisions. NuScale Power vs. BWX Technologies
- Neutral Sentiment: Market pages and sector updates (CNN/other outlets) provide live quote, charting and coverage; they reflect the price action and increased volume but add no new fundamental catalyst. NuScale Power Corporation Class A
- Negative Sentiment: Multiple law firms have filed class actions or issued lead‑plaintiff deadline alerts alleging securities fraud tied to ENTRA1-related problems and prior disclosures; firms publicizing claims include Bleichmar Fonti & Auld, Glancy Prongay Wolke & Rotter, Pomerantz, Berger Montague, Bragar Eagel & Squire and others. The proliferation of filings and lawyer solicitations raises potential litigation costs, management distraction and downside risk — the primary near‑term driver of selling and heightened volume. BFA Law Class Action Notice Glancy Class Action Alert Pomerantz Investor Alert
Analyst Ratings Changes
A number of research analysts have recently issued reports on the company. Royal Bank Of Canada dropped their target price on NuScale Power from $21.00 to $14.00 and set a “sector perform” rating on the stock in a report on Monday, March 2nd. TD Cowen lowered shares of NuScale Power from a “buy” rating to a “hold” rating in a research report on Wednesday, February 11th. Cantor Fitzgerald dropped their price objective on shares of NuScale Power from $55.00 to $20.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 24th. Zacks Research upgraded shares of NuScale Power from a “strong sell” rating to a “hold” rating in a research report on Friday, February 20th. Finally, Canaccord Genuity Group reduced their target price on shares of NuScale Power from $60.00 to $25.00 and set a “buy” rating for the company in a research note on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, NuScale Power presently has an average rating of “Hold” and an average target price of $20.88.
NuScale Power Trading Down 0.2%
The business has a 50 day simple moving average of $13.63 and a two-hundred day simple moving average of $22.95. The company has a market cap of $3.42 billion, a PE ratio of -3.51 and a beta of 2.27.
NuScale Power (NYSE:SMR – Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.80) EPS for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $8.76 million. On average, equities research analysts expect that NuScale Power Corporation will post -0.73 earnings per share for the current fiscal year.
Insider Buying and Selling at NuScale Power
In other NuScale Power news, CEO John Lawrence Hopkins sold 82,667 shares of NuScale Power stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $12.22, for a total value of $1,010,190.74. Following the transaction, the chief executive officer owned 117,018 shares in the company, valued at $1,429,959.96. This trade represents a 41.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Corp Fluor sold 463,747 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $13.15, for a total transaction of $6,098,273.05. Following the sale, the director directly owned 39,936,472 shares of the company’s stock, valued at $525,164,606.80. This represents a 1.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 635,610 shares of company stock worth $8,198,439. 1.20% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Allianz Asset Management GmbH acquired a new position in NuScale Power during the 3rd quarter worth approximately $14,347,000. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in shares of NuScale Power by 686.9% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 184,609 shares of the company’s stock valued at $6,646,000 after purchasing an additional 161,149 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of NuScale Power by 103.4% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 609,450 shares of the company’s stock worth $21,940,000 after purchasing an additional 309,810 shares in the last quarter. Lisanti Capital Growth LLC purchased a new position in shares of NuScale Power in the third quarter valued at $2,350,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of NuScale Power by 22.6% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,310,961 shares of the company’s stock valued at $263,195,000 after purchasing an additional 1,346,796 shares during the period. Institutional investors and hedge funds own 78.37% of the company’s stock.
NuScale Power Company Profile
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.
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