Key Points
- NuScale COO Carl Fisher sold 18,771 shares for approximately $175,700 to cover tax-withholding obligations tied to vested equity awards, reducing his direct stake by 14.06%.
- NuScale’s quarterly loss of $0.13 per share matched expectations, but revenue plunged 99.1% year over year to about $70,000, well below the $8.8 million analyst estimate.
- Analyst sentiment remains mixed but cautious: the stock has a consensus “Hold” rating and a $14.12 average price target, while Citigroup cut its target to $6.50 and retained a “Sell” rating.
NuScale Power Corporation (NYSE:SMR - Get Free Report) COO Carl Fisher sold 18,771 shares of NuScale Power stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $9.36, for a total value of $175,696.56. Following the completion of the sale, the chief operating officer directly owned 114,718 shares in the company, valued at approximately $1,073,760.48. This represents a 14.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
NuScale Power Stock Performance
Shares of NYSE SMR opened at $9.48 on Friday. The stock has a 50 day moving average price of $9.76 and a 200 day moving average price of $11.94. NuScale Power Corporation has a 52 week low of $7.21 and a 52 week high of $57.42. The stock has a market capitalization of $3.47 billion, a PE ratio of -3.25 and a beta of 2.26.
NuScale Power (NYSE:SMR - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.13). The firm had revenue of $0.07 million during the quarter, compared to the consensus estimate of $8.80 million. NuScale Power had a negative return on equity of 46.91% and a negative net margin of 3,888.70%.The business's revenue was down 99.1% compared to the same quarter last year. During the same period last year, the company earned ($0.11) earnings per share. As a group, research analysts forecast that NuScale Power Corporation will post -0.46 EPS for the current year.
Wall Street Analysts Forecast Growth
SMR has been the topic of several analyst reports. Citigroup dropped their price target on shares of NuScale Power from $7.50 to $6.50 and set a "sell" rating on the stock in a research report on Thursday. Weiss Ratings reissued a "sell (d-)" rating on shares of NuScale Power in a research report on Wednesday, June 24th. HSBC started coverage on shares of NuScale Power in a research note on Thursday, April 23rd. They set a "hold" rating and a $13.00 price objective on the stock. B. Riley Financial dropped their target price on shares of NuScale Power from $24.00 to $19.00 and set a "buy" rating on the stock in a report on Friday, April 24th. Finally, Bank of America assumed coverage on shares of NuScale Power in a research note on Friday, May 22nd. They issued a "neutral" rating and a $12.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, NuScale Power has a consensus rating of "Hold" and an average price target of $14.12.
Check Out Our Latest Research Report on NuScale Power
NuScale Power News Roundup
Here are the key news stories impacting NuScale Power this week:
- Positive Sentiment: Management highlighted discussions with the Tennessee Valley Authority and near-term deployment readiness, supported by approved reactor designs, available fuel and suppliers, and approximately $1.9 billion in liquidity. These factors may strengthen NuScale’s ability to pursue commercial projects. SMR Q2 Earnings Call Focuses on TVA and Deployment Readiness
- Positive Sentiment: NuScale, Curio and Framatome signed a strategic memorandum of understanding to evaluate fuel recycling, fuel manufacturing and other next-generation nuclear-fuel-cycle solutions. The partnership could support the company’s long-term reactor commercialization efforts. Curio, NuScale Power, and Framatome Sign Strategic MOU
- Positive Sentiment: Canaccord Genuity lowered its price target from $25 to $15 but retained a Buy rating, implying substantial upside from recent trading levels. The reduced target nevertheless signals a more cautious valuation outlook. Canaccord Genuity price-target update
- Neutral Sentiment: Chief Operating Officer Carl Fisher sold 18,771 shares for about $176,000 to cover tax-withholding obligations tied to vested equity awards. Because the sale was tax-related rather than discretionary, it may have limited signaling value, although his stake declined 14.06%. SEC insider transaction filing
- Negative Sentiment: Second-quarter revenue fell 99.1% year over year to roughly $0.07–$0.08 million, far below the $8.8 million analyst estimate. NuScale’s $0.13-per-share loss matched expectations, but the exceptionally weak revenue reinforces concerns about commercialization timing and ongoing operating losses. NuScale Power Reports Q2 Loss, Lags Revenue Estimates
- Negative Sentiment: Citigroup cut its price target from $7.50 to $6.50 and maintained a Sell rating, indicating it expects downside and remains unconvinced that future deployment prospects offset current fundamentals. Citigroup price-target update
Hedge Funds Weigh In On NuScale Power
Several institutional investors and hedge funds have recently modified their holdings of the stock. Heck Capital Advisors LLC raised its position in shares of NuScale Power by 33.5% in the second quarter. Heck Capital Advisors LLC now owns 16,382 shares of the company's stock valued at $164,000 after purchasing an additional 4,115 shares during the period. Handelsbanken Fonder AB boosted its holdings in shares of NuScale Power by 209.5% during the 2nd quarter. Handelsbanken Fonder AB now owns 108,000 shares of the company's stock worth $1,083,000 after buying an additional 73,100 shares during the period. Adamsbrown Wealth Consultants LLC bought a new stake in shares of NuScale Power during the 2nd quarter worth about $100,000. Hennion & Walsh Asset Management Inc. grew its stake in NuScale Power by 30.5% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 84,199 shares of the company's stock valued at $845,000 after buying an additional 19,679 shares during the last quarter. Finally, Evanson Financial LLC acquired a new position in NuScale Power in the 2nd quarter valued at about $512,000. 78.37% of the stock is currently owned by institutional investors and hedge funds.
NuScale Power Company Profile
(
Get Free Report)
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.
Further Reading
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