NuScale Power Faces Challenges Amid Rising Project Costs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 02 2026
0mins
Source: NASDAQ.COM
NuScale Power Corp's stock fell 5.08% as it crossed below the 20-day SMA, reflecting investor concerns amid broader market declines.
The company is facing significant challenges in securing its first customer, particularly after the cancellation of its Carbon Free Power Plant project, which saw costs rise to approximately $9 billion. This situation has not only strained NuScale's financial health but has also heightened pressure to attract formal customer orders, leaving the company at a disadvantage in the competitive nuclear energy market. Despite potential international collaboration with South Korea's Doosan Enerbility, no specific agreements have been reached yet, further complicating its market position.
The implications of these challenges are profound, as NuScale's ability to secure customers is critical for its long-term viability. Investors are closely monitoring the company's financial health, especially given its reported net loss of approximately $44 million in the first quarter, which raises concerns about its future profitability.
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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: 10.340
Low
18.50
Averages
32.77
High
60.00
Current: 10.340
Low
18.50
Averages
32.77
High
60.00
About SMR
NuScale Power Corporation is a provider of proprietary advanced small modular reactor (SMR) nuclear technology. The NuScale Power Module, the Company's SMR technology, is a small pressurized water reactor that can generate approximately 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 domestic and international governments, utilities, state-owned enterprises and technology and industrial companies in need of carbon-free, reliable energy.
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.
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- Legal Litigation Risks: NuScale is facing a class action lawsuit alleging that executives misled investors, which could lead to financial losses and reputational damage, further exacerbating market concerns about its future, especially as competitors like Oklo emerge.
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