Canaccord Genuity Group Has Lowered Expectations for NuScale Power (NYSE:SMR) Stock Price

NuScale Power (NYSE:SMR) had its price objective reduced by Canaccord Genuity Group from $60.00 to $25.00 in a report released on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 94.98% from the company’s previous close.

SMR has been the topic of a number of other reports. Wall Street Zen cut shares of NuScale Power from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. UBS Group set a $20.00 price target on NuScale Power in a research report on Tuesday, November 25th. Texas Capital raised NuScale Power to a “strong-buy” rating in a research note on Tuesday, January 27th. The Goldman Sachs Group reissued a “neutral” rating and issued a $20.00 target price on shares of NuScale Power in a research note on Wednesday, February 4th. Finally, Northland Securities upgraded NuScale Power from a “market perform” rating to an “outperform” rating and set a $21.00 target price for the company in a research report on Friday. One research 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 issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $24.42.

NuScale Power Stock Down 3.8%

NuScale Power stock opened at $12.82 on Friday. The business’s 50-day simple moving average is $16.79 and its 200 day simple moving average is $27.05. The stock has a market cap of $3.83 billion, a price-to-earnings ratio of -4.44 and a beta of 2.14. NuScale Power has a 12-month low of $11.08 and a 12-month high of $57.42.

NuScale Power (NYSE:SMR) last released its earnings results on Thursday, February 26th. The company reported ($0.80) earnings per share (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 72.95%. The business had revenue of $1.81 million for the quarter, compared to analyst estimates of $8.76 million. As a group, sell-side analysts expect that NuScale Power will post -0.73 EPS for the current year.

Insider Buying and Selling

In other NuScale Power news, CFO Robert Ramsey Hamady sold 40,000 shares of NuScale Power stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $22.17, for a total value of $886,800.00. Following the transaction, the chief financial officer owned 46,283 shares of the company’s stock, valued at approximately $1,026,094.11. The trade was a 46.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On NuScale Power

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

Trending Headlines about NuScale Power

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

• Positive Sentiment: Company outlines deployment plan (ENTRA1) covering ~6 GW U.S. nuclear deployment and says it has ~$1.3B liquidity for 2026 — this supports project execution and de‑risking of near‑term funding needs. ENTRA1 and liquidity report
• Positive Sentiment: Strategic partnerships and project milestones — Oak Ridge partnership (AI work) and Romania coal‑to‑SMR FID advance demonstrate commercial traction and technology adoption. Partnerships and project news
• Positive Sentiment: Analyst upgrade from Northland Securities to “outperform” with $21 PT — market-friendly research can provide buying support. Northland upgrade
• Neutral Sentiment: Bullish features and long‑term narratives (e.g., retail pieces arguing large TAM and AI‑driven electricity demand) keep speculative interest alive but are highly forward‑looking and hinge on commercialization execution. Fool long‑term thesis
• Negative Sentiment: Q4 2025 results missed heavily — EPS and revenue fell well below estimates (large net loss, revenue decline), which is the primary catalyst for the sell‑off. Q4 results
• Negative Sentiment: NuScale launched a US$1B at‑the‑market equity program — increases dilution risk and pressure on share price while the company remains unprofitable. Valuation and equity program analysis
• Negative Sentiment: Multiple securities‑fraud class action notices and law‑firm alerts filed/issued after recent stock drops — adds legal overhang and near‑term uncertainty. Class action notice
• Negative Sentiment: Canaccord lowered its price target materially (from $60 to $25) despite keeping a buy rating — signals reduced analyst conviction on upside magnitude. Canaccord target cut

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.