NuScale Power (SMR) Stock Falls -26.3% as Commercial Delays Weigh on Sentiment
Key Takeaways
- NuScale Power shares fell approximately 26.3% over the past 30 days, sliding from $11.74 on June 18 to roughly $8.65 by July 21, hitting fresh 52-week lows in the process.
- The selloff was fueled by a combination of analyst caution, including a Hold initiation from Truist and a $6 price target from Goldman Sachs, alongside persistent concerns about commercialization delays.
- First-quarter 2026 revenue collapsed 96% year-over-year to just $565,000, while the company posted a net loss of approximately $44 million, deepening investor skepticism.
- Despite holding the only U.S. Nuclear Regulatory Commission-approved small modular reactor design, NuScale has yet to secure a binding commercial reactor order, leaving revenue visibility extremely limited.
- Insider selling, including Fluor Corporation's disposal of 13.5 million shares in April, added further pressure to the stock's downward trajectory.
NuScale Power (SMR) Company Overview and Market Position
NuScale Power Corporation is a developer of proprietary small modular reactor (SMR) nuclear technology. Founded in 2007 and headquartered in Portland, Oregon, the company remains the first and only entity to receive standard design approval from the U.S. Nuclear Regulatory Commission for its SMR design. Its flagship NuScale Power Module can generate 77 megawatts of electricity per unit, with configurations scalable up to 924 MWe across 12 modules. The company targets electrical generation, district heating, desalination, hydrogen production, and process heat applications, with a particular focus on supplying carbon-free baseload power to utilities, industrial users, and the rapidly expanding data center market. Investors follow SMR closely because it represents a pure-play bet on the commercialization of next-generation nuclear technology, a sector that has attracted significant attention amid rising electricity demand driven by artificial intelligence infrastructure.
NuScale Power (SMR) Stock Price Performance: Last 30 Days vs. Quarter
Over the last 30 calendar days, SMR stock declined approximately 26.3%, falling from a closing price of $11.74 on June 18 to roughly $8.65 as of July 21. The drop was punctuated by multiple 52-week lows, including an intraday trough of $7.21 on July 17, before a modest bounce in the most recent sessions. The downward momentum was consistent, with only brief countertrend rallies interrupting the broader selloff.
Zooming out to the quarterly picture, SMR has shed roughly 25.9% over the past three months, declining from $11.67 on April 21 to current levels. The quarterly decline reflects a continuation of selling pressure that began after the company's disappointing first-quarter 2026 earnings report in early May. While nuclear energy stocks broadly enjoyed speculative enthusiasm through late 2025, that momentum has largely reversed, and NuScale has been among the hardest-hit names in the sector.
What Drove SMR Stock Price in the Last 30 Days
Several factors converged to accelerate SMR's decline during the past month. On the analyst front, Truist initiated coverage with a Hold rating and a $10 price target, while Goldman Sachs reiterated its Hold rating with a notably bearish $6 target on July 14. RBC Capital also maintained a Hold rating with a $14 target on July 17. These cautious calls reinforced the narrative that NuScale's extended timeline to commercial deployment—with first reactors not expected online until the early 2030s—leaves the stock vulnerable.
Additionally, the broader nuclear and clean-energy sector faced headwinds as enthusiasm for AI-driven power demand moderated. Competitors such as OKLO and BWXT continued making operational and regulatory progress, sharpening the contrast with NuScale's pre-revenue status. The company's Q1 2026 results, which showed revenue plunging 96% year-over-year to $565,000 and a net loss of $44 million, remained a fresh memory for investors. Insider sentiment also deteriorated, with Fluor Corporation completing a large-scale divestment of 13.5 million shares earlier in the year, signaling reduced conviction from NuScale's long-time strategic backer. These developments collectively undermined investor confidence and drove the stock toward multi-year lows. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
What Drove SMR Stock Performance Over the Last Quarter
The quarterly decline reflects a deeper reassessment of NuScale's risk-reward profile. The May 7 earnings release served as a pivotal catalyst: revenue of just $565,000 missed consensus estimates by a wide margin, and management acknowledged that the completion of Fluor's FEED Phase 2 engineering work under the RoPower licensing agreement had eliminated the company's primary near-term revenue stream. Although NuScale ended the quarter with approximately $1 billion in liquidity, the quarterly cash burn rate of roughly $70 million raised questions about how long the company can operate without securing binding commercial agreements.
Meanwhile, the competitive landscape shifted. The Department of Energy's Reactor Pilot Program and Executive Order 14300 accelerated regulatory timelines for rival advanced reactor developers, narrowing NuScale's first-mover advantage. The stock's decline from its 52-week high of $57.42 to single-digit territory also reflected a broader rotation out of speculative growth names as investors recalibrated expectations around commercialization timelines, project financing, and the path to profitability.
SMR Stock Forecast Drivers: What Investors Should Watch Next
Looking ahead, the single most consequential event for SMR is the company's second-quarter 2026 earnings call, scheduled for August 5. Investors will closely monitor any updates on the power purchase agreement negotiations with the Tennessee Valley Authority and ENTRA1 Energy, which CEO John Hopkins has indicated could be finalized by the end of 2026. A signed PPA would represent the first binding commercial commitment of significant scale and could serve as a powerful catalyst for sentiment recovery.
Beyond earnings, investors should track progress on the RoPower project in Romania, which received a Final Investment Decision earlier this year but remains years away from deployment. Macroeconomic factors—including interest rate policy, inflation trends, and broader risk appetite—will also influence SMR's trajectory given its status as a high-beta, pre-revenue growth stock. Finally, any regulatory developments, partnership announcements, or competitive moves from peers like Oklo and BWX Technologies could materially affect NuScale's perceived position in the emerging SMR market. The balance between the company's $1 billion liquidity cushion and its ongoing cash consumption rate remains a critical metric to monitor.
Trending AI Robots
For investors seeking to navigate volatile markets with data-driven strategies, Tickeron's Trending AI Robots page offers a curated selection of top-performing AI-powered trading bots. Tickeron hosts hundreds of automated trading bots covering thousands of tickers, but only the most relevant and consistently strong performers appear in this dedicated section. These bots employ diverse strategies, timeframes, and performance metrics—ranging from short-term swing trading to longer-term trend-following approaches—enabling users to explore automated trading solutions that align with their individual risk tolerance and investment objectives. Exploring the Trending AI Robots page can help traders identify AI-driven tools that may complement their existing research process. In my view, this resource has been a helpful addition to my own workflow when evaluating names like SMR amid shifting sector dynamics.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
SMR in -1.41% downward trend, sliding for three consecutive days on October 05, 2026
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where SMR declined for three days, in 255 of 300 cases, the price declined further within the following month. The odds of a continued downward trend are 85%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for SMR moved out of overbought territory on September 09, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 32 similar instances where the indicator moved out of overbought territory. In 26 of the 32 cases, the stock moved lower in the following days. This puts the odds of a move lower at 81%.
The Momentum Indicator moved below the 0 level on September 11, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on SMR as a result. In 71 of 94 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 76%.
The Moving Average Convergence Divergence Histogram (MACD) for SMR turned negative on September 14, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 41 similar instances when the indicator turned negative. In 33 of the 41 cases the stock turned lower in the days that followed. This puts the odds of success at 80%.
SMR moved below its 50-day moving average on September 11, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for SMR crossed bearishly below the 50-day moving average on September 22, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 13 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 81%.
SMR broke above its upper Bollinger Band on September 08, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 15 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +7.50% 3-day Advance, the price is estimated to grow further. Considering data from situations where SMR advanced for three days, in 196 of 248 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.
The Aroon Indicator entered an Uptrend today. In 166 of 205 cases where SMR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 81%.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of 38 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.575) is normal, around the industry mean (5.342). P/E Ratio (0.000) is within average values for comparable stocks, (66.065). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.879). Dividend Yield (0.000) settles around the average of (0.014) among similar stocks. P/S Ratio (208.333) is also within normal values, averaging (186.943).
The Tickeron Price Growth Rating for this company is 86 (best 1 - 100 worst), indicating slightly worse than average price growth. SMR’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 97 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is 100 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SMR’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
Industry IndustrialMachinery
Advertisement