NuScale Power Corp is redefining nuclear power through the development of proprietary and inventive SMR technology that the Company believes will deliver safe, scalable, cost-effective and reliable carbon-free power... Show more
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.
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.
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.
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.
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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.
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Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where SMR advanced for three days, in of 250 cases, the price rose further within the following month. The odds of a continued upward trend are .
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where SMR's RSI Oscillator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on July 30, 2026. You may want to consider a long position or call options on SMR as a result. In of 94 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SMR just turned positive on July 22, 2026. Looking at past instances where SMR's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 60 cases where SMR's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SMR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for SMR entered a downward trend on July 28, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Valuation Rating of (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 (2.498) is normal, around the industry mean (5.979). P/E Ratio (0.000) is within average values for comparable stocks, (59.880). SMR's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (2.036). Dividend Yield (0.000) settles around the average of (0.019) among similar stocks. P/S Ratio (95.238) is also within normal values, averaging (140.527).
The Tickeron Price Growth Rating for this company is (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 (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 (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 (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 73, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Industry IndustrialMachinery