NuScale Power: Opportunities and Risks in the Nuclear Market
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 24 2026
0mins
Should l Buy SMR?
Source: Fool
- Growing Market Demand: U.S. power demand is projected to increase by 3.5% annually from 2025 to 2040, with AI data centers adding strain to the grid, highlighting the urgent need for nuclear energy solutions.
- Investment Potential: Morgan Stanley forecasts that potential investments in the nuclear value chain will rise from $1.5 trillion to $2.2 trillion by 2050, indicating significant opportunities for infrastructure development, with NuScale holding a unique early-mover advantage as the only company with approved SMR technology by the U.S. Nuclear Regulatory Commission.
- Technology and Patents: NuScale has 788 patents pending or granted across 21 countries, and while it has yet to build commercial reactors, the production of 12 modules indicates progress, positioning the company for a significant role in the nuclear market.
- Financial Risks: Despite generating $31.5 million in revenue last year, this figure is negligible compared to its losses, and the stock has dropped over 37% in the past year, underscoring the high-risk nature of investing in NuScale, which requires careful consideration from investors.
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Analyst Views on SMR
Wall Street analysts forecast SMR stock price to rise
13 Analyst Rating
5 Buy
6 Hold
2 Sell
Hold
Current: 10.260
Low
18.50
Averages
32.77
High
60.00
Current: 10.260
Low
18.50
Averages
32.77
High
60.00
About SMR
NuScale Power Corporation is a provider of proprietary advanced small modular reactor nuclear technology. The NuScale Power Module, the Company's SMR technology, is a small pressurized water reactor that can generate 77 megawatts of electricity (MWe) or 250 megawatts thermal (gross) and can be scaled to meet customer needs through an array of flexible configurations of up to 924 MWe (12 modules) of output. In addition to the sale of NPMs, it offers a diversified suite of services throughout the development and operating life of the power plant. The Company's suite of services is planned to include licensing support, testing, training, fuel supply services and program management, among others. It serves a range of customers consisting of governments, political subdivisions, state-owned enterprises, investor-owned utilities and other technology and industrial companies, both in domestic and international markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
NuScale's Small Modular Reactor Outlook
- Market Potential: NuScale anticipates that the global small modular reactor market could reach $5.2 billion by 2035, and if it maintains its first-mover advantage, it could generate billions in annual revenue over the next decade, highlighting its strategic significance in the nuclear energy sector.
- Revenue Growth Expectations: Analysts forecast NuScale's revenue to surge from $31 million in 2025 to $331 million by 2028, reflecting strong demand for its front-end engineering design and licensing deals, despite its current market cap of $3.2 billion and a high P/E ratio of 38.
- Technological Innovation Advantage: NuScale's small modular reactor design is highly modular and can be assembled on-site, reducing the costs and complexities of building a nuclear power plant, which has attracted investor interest and aligns with the global resurgence in nuclear energy demand.
- Investor Sentiment Volatility: Although NuScale's stock has plummeted 80% over the past six months, from a high of $53.43 last October to around $10, this pullback may present a buying opportunity for long-term investors, especially as its potential for reactor deployment remains unrealized.
See More
Nuclear Renaissance: AI Fuels Electricity Demand Surge
- Nuclear Renaissance Outlook: According to Bank of America, nuclear energy has been rediscovered amid surging electricity demand, with the total potential value of the nuclear renaissance estimated at $10 trillion, indicating significant investment opportunities.
- NuScale Power Status: NuScale Power's market cap has fallen to $3.7 billion, with shares down about one-third since the beginning of the year; despite its small modular reactor (SMR) technology not yet being deployed at scale, investing at current prices remains attractive.
- Oklo's Market Advantage: With a market capitalization of $9 billion, Oklo is valued significantly higher than NuScale, but its extensive deal pipeline with major tech companies and data centers provides a clear competitive edge, with its first reactor expected to be operational by 2027.
- Investment Risks and Opportunities: While Oklo has a buy rating from Bank of America with a price target of $127, it was not included in Motley Fool's list of top investment stocks, prompting investors to carefully assess potential execution risks against market opportunities.
See More
NuScale Power Faces Securities Fraud Class Action Lawsuit
- Lawsuit Background: A securities fraud class action lawsuit has been filed by Kessler Topaz Meltzer & Check, LLP against NuScale Power Corporation on behalf of investors who purchased Class A common stock between May 13, 2025, and November 6, 2025, highlighting serious concerns over the company's financial transparency.
- Financial Crisis: NuScale reported a staggering 3,000% increase in general and administrative expenses to $519 million in Q3 2025, primarily due to a $495 million payment to ENTRA1, resulting in a quarterly net loss of $532 million, indicating significant mismanagement of finances.
- Stock Price Plunge: Following the financial report, NuScale's Class A common stock price dropped 14.4% from $37.91 on November 5, 2025, to $32.46, reflecting extreme market pessimism regarding the company's future prospects.
- Investor Action: Affected investors have until April 20, 2026, to apply for lead plaintiff status in the class action, demonstrating heightened investor concern over corporate governance and legal compliance issues.
See More
Nuclear Renaissance: AI Fuels Surge in Electricity Demand
- Nuclear Renaissance Outlook: Analysts from Bank of America highlight a nuclear renaissance driven by surging electricity demand, estimating the total potential value of this sector could reach $10 trillion, indicating significant investment opportunities in nuclear energy.
- NuScale Power Status: NuScale Power's market cap has fallen to $3.7 billion, with shares down approximately one-third since the beginning of the year; despite its small modular reactor (SMR) technology not yet being widely adopted, there remains potential for substantial future growth.
- Oklo's Market Advantage: With a market cap of $9 billion, Oklo is valued significantly higher than NuScale and has established extensive partnerships with major tech companies, with its first reactor expected to be deployed by 2027, showcasing strong execution capabilities in the nuclear sector.
- Investment Risks and Opportunities: While NuScale faces delays in customer agreements, Oklo's buy rating and $127 price target suggest investor optimism about the nuclear industry's future, particularly as AI drives increased electricity demand.
See More
Faruqi & Faruqi Investigates Potential Claims Against NuScale Power Corporation
- Legal Investigation Initiated: Faruq & Faruqi, LLP is investigating potential claims against NuScale Power Corporation, particularly for investors who purchased or acquired securities between May 13, 2025, and November 6, 2025, indicating a focus on investor rights.
- Investor Contact Information: The firm encourages investors who suffered losses during the specified period to contact partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their legal options, demonstrating a commitment to client service.
- Class Action Reminder: Faruq & Faruqi reminds investors that April 20, 2026, is the deadline to seek the role of lead plaintiff in a federal securities class action filed against NuScale, emphasizing the urgency of legal proceedings.
- Securities Law Expertise: As a leading national securities law firm, the investigation by Faruq & Faruqi suggests that NuScale may face legal challenges, urging investors to act promptly to protect their rights, reflecting potential implications for the company's future stock price.
See More
Class Action Reminder for Ostin Technology Group and NuScale Power
- Ostin Technology Group Lawsuit: Ostin Technology Group faces a class action lawsuit for alleged securities fraud, with charges against its CEO and financial advisor for orchestrating a scheme that netted over $110 million in illicit proceeds, resulting in shareholders losing over $950 million and a 94% drop in market value on June 26, 2025.
- Fraudulent Securities Offerings: Beginning in April 2025, Ostin's management transferred the majority of shares to co-conspirators through fraudulent securities offerings, causing the stock price to soar from $0.78 to $9.40, with market capitalization exceeding $1 billion, but this artificial inflation led to significant investor losses when the truth emerged.
- NuScale Power Lawsuit: NuScale Power is accused in a class action of failing to disclose that its partnership with ENTRA1 Energy LLC lacked substantial operational experience, exposing its commercialization strategy to significant risks, resulting in investor damages once the reality was revealed.
- Law Firm Involvement: Bragar Eagel & Squire, P.C. serves as the representative law firm, reminding investors to apply as lead plaintiffs before the deadlines to ensure their rights are protected.
See More
NuScale's Small Modular Reactor Outlook
- Market Potential: NuScale anticipates that the global small modular reactor market could reach $5.2 billion by 2035, and if it maintains its first-mover advantage, it could generate billions in annual revenue over the next decade, highlighting its strategic significance in the nuclear energy sector.
- Revenue Growth Expectations: Analysts forecast NuScale's revenue to surge from $31 million in 2025 to $331 million by 2028, reflecting strong demand for its front-end engineering design and licensing deals, despite its current market cap of $3.2 billion and a high P/E ratio of 38.
- Technological Innovation Advantage: NuScale's small modular reactor design is highly modular and can be assembled on-site, reducing the costs and complexities of building a nuclear power plant, which has attracted investor interest and aligns with the global resurgence in nuclear energy demand.
- Investor Sentiment Volatility: Although NuScale's stock has plummeted 80% over the past six months, from a high of $53.43 last October to around $10, this pullback may present a buying opportunity for long-term investors, especially as its potential for reactor deployment remains unrealized.
See More
Nuclear Renaissance: AI Fuels Electricity Demand Surge
- Nuclear Renaissance Outlook: According to Bank of America, nuclear energy has been rediscovered amid surging electricity demand, with the total potential value of the nuclear renaissance estimated at $10 trillion, indicating significant investment opportunities.
- NuScale Power Status: NuScale Power's market cap has fallen to $3.7 billion, with shares down about one-third since the beginning of the year; despite its small modular reactor (SMR) technology not yet being deployed at scale, investing at current prices remains attractive.
- Oklo's Market Advantage: With a market capitalization of $9 billion, Oklo is valued significantly higher than NuScale, but its extensive deal pipeline with major tech companies and data centers provides a clear competitive edge, with its first reactor expected to be operational by 2027.
- Investment Risks and Opportunities: While Oklo has a buy rating from Bank of America with a price target of $127, it was not included in Motley Fool's list of top investment stocks, prompting investors to carefully assess potential execution risks against market opportunities.
See More
NuScale Power Faces Securities Fraud Class Action Lawsuit
- Lawsuit Background: A securities fraud class action lawsuit has been filed by Kessler Topaz Meltzer & Check, LLP against NuScale Power Corporation on behalf of investors who purchased Class A common stock between May 13, 2025, and November 6, 2025, highlighting serious concerns over the company's financial transparency.
- Financial Crisis: NuScale reported a staggering 3,000% increase in general and administrative expenses to $519 million in Q3 2025, primarily due to a $495 million payment to ENTRA1, resulting in a quarterly net loss of $532 million, indicating significant mismanagement of finances.
- Stock Price Plunge: Following the financial report, NuScale's Class A common stock price dropped 14.4% from $37.91 on November 5, 2025, to $32.46, reflecting extreme market pessimism regarding the company's future prospects.
- Investor Action: Affected investors have until April 20, 2026, to apply for lead plaintiff status in the class action, demonstrating heightened investor concern over corporate governance and legal compliance issues.
See More
Nuclear Renaissance: AI Fuels Surge in Electricity Demand
- Nuclear Renaissance Outlook: Analysts from Bank of America highlight a nuclear renaissance driven by surging electricity demand, estimating the total potential value of this sector could reach $10 trillion, indicating significant investment opportunities in nuclear energy.
- NuScale Power Status: NuScale Power's market cap has fallen to $3.7 billion, with shares down approximately one-third since the beginning of the year; despite its small modular reactor (SMR) technology not yet being widely adopted, there remains potential for substantial future growth.
- Oklo's Market Advantage: With a market cap of $9 billion, Oklo is valued significantly higher than NuScale and has established extensive partnerships with major tech companies, with its first reactor expected to be deployed by 2027, showcasing strong execution capabilities in the nuclear sector.
- Investment Risks and Opportunities: While NuScale faces delays in customer agreements, Oklo's buy rating and $127 price target suggest investor optimism about the nuclear industry's future, particularly as AI drives increased electricity demand.
See More
Faruqi & Faruqi Investigates Potential Claims Against NuScale Power Corporation
- Legal Investigation Initiated: Faruq & Faruqi, LLP is investigating potential claims against NuScale Power Corporation, particularly for investors who purchased or acquired securities between May 13, 2025, and November 6, 2025, indicating a focus on investor rights.
- Investor Contact Information: The firm encourages investors who suffered losses during the specified period to contact partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their legal options, demonstrating a commitment to client service.
- Class Action Reminder: Faruq & Faruqi reminds investors that April 20, 2026, is the deadline to seek the role of lead plaintiff in a federal securities class action filed against NuScale, emphasizing the urgency of legal proceedings.
- Securities Law Expertise: As a leading national securities law firm, the investigation by Faruq & Faruqi suggests that NuScale may face legal challenges, urging investors to act promptly to protect their rights, reflecting potential implications for the company's future stock price.
See More
Class Action Reminder for Ostin Technology Group and NuScale Power
- Ostin Technology Group Lawsuit: Ostin Technology Group faces a class action lawsuit for alleged securities fraud, with charges against its CEO and financial advisor for orchestrating a scheme that netted over $110 million in illicit proceeds, resulting in shareholders losing over $950 million and a 94% drop in market value on June 26, 2025.
- Fraudulent Securities Offerings: Beginning in April 2025, Ostin's management transferred the majority of shares to co-conspirators through fraudulent securities offerings, causing the stock price to soar from $0.78 to $9.40, with market capitalization exceeding $1 billion, but this artificial inflation led to significant investor losses when the truth emerged.
- NuScale Power Lawsuit: NuScale Power is accused in a class action of failing to disclose that its partnership with ENTRA1 Energy LLC lacked substantial operational experience, exposing its commercialization strategy to significant risks, resulting in investor damages once the reality was revealed.
- Law Firm Involvement: Bragar Eagel & Squire, P.C. serves as the representative law firm, reminding investors to apply as lead plaintiffs before the deadlines to ensure their rights are protected.
See More
