B. Riley Financial Lowers NuScale Power (NYSE:SMR) Price Target to $19.00

NuScale Power (NYSE:SMR) had its price target cut by equities research analysts at B. Riley Financial from $24.00 to $19.00 in a research report issued on Friday, Marketbeat reports. The firm currently has a “buy” rating on the stock. B. Riley Financial’s price objective would suggest a potential upside of 58.93% from the company’s previous close.

Several other brokerages have also commented on SMR. The Goldman Sachs Group decreased their target price on shares of NuScale Power from $20.00 to $14.00 and set a “neutral” rating on the stock in a research report on Monday, March 2nd. Canaccord Genuity Group decreased their price objective on shares of NuScale Power from $60.00 to $25.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. HSBC began coverage on shares of NuScale Power in a research report on Thursday. They issued a “hold” rating and a $13.00 price objective on the stock. Citigroup decreased their price objective on shares of NuScale Power from $11.50 to $9.00 and set a “sell” rating on the stock in a research report on Tuesday, April 21st. Finally, Texas Capital upgraded shares of 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, nine have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $19.77.

NuScale Power Stock Performance

Shares of NYSE SMR opened at $11.96 on Friday. The firm has a market capitalization of $4.04 billion, a P/E ratio of -4.14 and a beta of 2.27. NuScale Power has a one year low of $8.85 and a one year high of $57.42. The company’s fifty day moving average is $11.84 and its two-hundred day moving average is $19.86.

NuScale Power (NYSE:SMR) last issued its earnings results on Thursday, February 26th. The company reported ($0.80) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.70). The company had revenue of $1.81 million for the quarter, compared to analysts’ expectations of $8.76 million. NuScale Power had a negative return on equity of 55.23% and a negative net margin of 1,130.26%. On average, sell-side analysts forecast that NuScale Power will post -0.49 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Corp Fluor sold 13,500,000 shares of the business’s stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $11.81, for a total value of $159,435,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Robert Ramsey Hamady sold 18,570 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $12.22, for a total transaction of $226,925.40. Following the completion of the sale, the chief financial officer owned 97,192 shares in the company, valued at $1,187,686.24. This represents a 16.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 40,572,082 shares of company stock worth $481,029,608. 1.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SMR. CX Institutional purchased a new position in NuScale Power in the 3rd quarter valued at about $25,000. Nemes Rush Group LLC purchased a new position in NuScale Power in the 3rd quarter valued at about $25,000. Strategic Advocates LLC purchased a new position in NuScale Power in the 3rd quarter valued at about $25,000. Vermillion & White Wealth Management Group LLC lifted its holdings in NuScale Power by 1,550.9% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 1,783 shares of the company’s stock valued at $25,000 after purchasing an additional 1,675 shares in the last quarter. Finally, Ameriflex Group Inc. purchased a new position in NuScale Power in the 4th quarter valued at about $30,000. 78.37% of the stock is currently owned by hedge funds and other institutional investors.

More NuScale Power News

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

• Positive Sentiment: B. Riley kept a “buy” rating while trimming its price target to $19, signaling continued analyst conviction that there’s substantial upside if execution improves. B. Riley Lowers PT to $19 (Buy)
• Positive Sentiment: Short‑term bullish positioning ahead of Q1: shares jumped about 16% earlier this week as investors bought ahead of earnings, indicating some traders expect the report or commentary to reduce near‑term uncertainty. Q1 Earnings Loom, Jumps 16%
• Neutral Sentiment: Narrative and target resets: research notes show modest fair‑value trimming and mixed views — the investment case remains if projects and capital plans hold, but timelines/costs are being re‑priced. Narrative Shifting / Price Target Reset
• Neutral Sentiment: Longer‑term debate continues: coverage describes NuScale as “at a crossroads” — meaningful upside if execution succeeds, but commercialization/timeframe risks keep the story uncertain. At Crossroads: Buy Hype or Sell Execution Risks?
• Negative Sentiment: Large insider selling: Corp Fluor sold 13.5M shares (~$159.4M at ~$11.81), following several earlier large dispositions — increases available supply and raises investor concern over timing and insider liquidity. SEC Filing — Form 4
• Negative Sentiment: Rising short interest: short positions grew ~23.9% in April to ~66.3M shares (≈19.9% of shares outstanding), increasing downside pressure and elevating volatility risk if sellers remain active.
• Negative Sentiment: Analyst cuts and downgrades: Citigroup cut its target to $9 and other shops have trimmed targets or raised concerns; these notes have triggered intraday selling and re‑priced expectations lower. Citigroup Lowers PT to $9
• Negative Sentiment: Structural execution risks highlighted in coverage: in‑depth pieces point to commercialization timelines and funding needs as persistent headwinds that could weigh on shares absent clear project progress. Why Stock Fell 70% in 6 Months

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.