NuScale Power (NYSE:SMR – Get Free Report) had its price target dropped by research analysts at B. Riley Financial from $24.00 to $19.00 in a report released on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. B. Riley Financial’s price objective would suggest a potential upside of 44.13% from the company’s current price.
Other equities research analysts have also recently issued research reports about the stock. Northland Securities upgraded shares of NuScale Power from a “market perform” rating to an “outperform” rating and set a $21.00 target price for the company in a research note on Friday, February 27th. Royal Bank Of Canada dropped their price target on shares of NuScale Power from $21.00 to $14.00 and set a “sector perform” rating for the company in a research report on Monday, March 2nd. Cantor Fitzgerald decreased their price target on NuScale Power from $55.00 to $20.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 24th. The Goldman Sachs Group cut their price objective on NuScale Power from $20.00 to $14.00 and set a “neutral” rating for the company in a research report on Monday, March 2nd. Finally, Barclays reduced their price target 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. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $19.77.
NuScale Power Price Performance
NuScale Power (NYSE:SMR – Get Free Report) last posted 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). NuScale Power had a negative return on equity of 55.23% and a negative net margin of 1,130.26%.The business had revenue of $1.81 million for the quarter, compared to analyst estimates of $8.76 million. Equities research analysts expect that NuScale Power will post -0.49 earnings per share for the current fiscal year.
Insider Activity
In other NuScale Power news, insider Clayton Scott sold 22,478 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $12.22, for a total transaction of $274,681.16. Following the completion of the sale, the insider directly owned 132,852 shares in the company, valued at $1,623,451.44. This represents a 14.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO John Lawrence Hopkins sold 82,667 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $12.22, for a total transaction of $1,010,190.74. Following the sale, the chief executive officer directly owned 117,018 shares in the company, valued at approximately $1,429,959.96. The trade was a 41.40% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 40,572,082 shares of company stock valued at $481,029,608. 1.20% of the stock is owned by company insiders.
Hedge Funds Weigh In On NuScale Power
Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of NuScale Power by 40.5% in the 4th quarter. Vanguard Group Inc. now owns 15,545,018 shares of the company’s stock valued at $220,273,000 after purchasing an additional 4,482,254 shares during the period. 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 buying an additional 6,227,747 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of NuScale Power by 22.6% during the 3rd 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 grew its position 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 buying an additional 2,361,532 shares during the period. Finally, Samsung C&T Corp increased its stake 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 acquiring an additional 2,578,702 shares in the last quarter. 78.37% of the stock is currently owned by institutional investors.
More NuScale Power News
Here are the key news stories impacting NuScale Power this week:
- Positive Sentiment: Short-term bullish positioning ahead of Q1 — SMR jumped as investors bought in advance of the company’s Q1 report, reflecting optimism that results or guidance could reduce uncertainty. Q1 Earnings Loom, Jumps 16%
- Neutral Sentiment: Narrative and price-target reset — some research trims modeled fair value slightly and highlights both upside if projects proceed and ongoing commercialization/timeline risk; this keeps the long-term thesis intact but delays near-term clarity. Narrative Shifting / Price Target Reset
- Neutral Sentiment: Coverage frames NuScale “at a crossroads” — pieces weigh SMR technology’s long-term potential versus commercialization timelines and funding needs; useful context but not an immediate catalyst. At Crossroads: Buy Hype or Sell Execution Risks?
- Negative Sentiment: Large insider selling — Director Corp Fluor sold 13.5M shares at about $11.81 (~$159.4M), adding substantial supply and raising investor concern about insider liquidity timing. This is a near-term headwind for the stock. SEC Filing — Form 4
- Negative Sentiment: Analyst cuts and downgrades — Citigroup lowered its price target to $9.00 and other notes have driven intraday weakness, signaling reduced near-term analyst support. Citigroup Lowers PT to $9.00 Trading Down on Analyst Downgrade
- Negative Sentiment: Deep-dive coverage highlights structural headwinds — long commercialization timelines, capital needs and recent 70% drawdown over six months underscore execution risk that could keep the stock under pressure absent visible project milestones. 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.
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