NuScale Power Corp's stock fell 5.01% as it crossed below the 5-day SMA, reflecting investor concerns amid broader market gains.
The company's recent partnership with ENTRA1 aims to commercialize its small modular reactor (SMR) technology, but analysts warn that this could lead to significant shareholder dilution, with potential costs reaching up to $6 billion over the next 15 years. Despite the strategic nature of this agreement, the first TVA plant may not be operational until 2030, raising questions about the immediate impact on the company's market position and financial health.
Investors are advised to remain cautious as NuScale navigates these challenges, particularly given the substantial cash outflow reported in Q3 and the long timeline before any potential revenue generation from its technology.
Wall Street analysts forecast SMR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SMR is 32.77 USD with a low forecast of 18.50 USD and a high forecast of 60.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
Wall Street analysts forecast SMR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SMR is 32.77 USD with a low forecast of 18.50 USD and a high forecast of 60.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Buy
6 Hold
2 Sell
Hold
Current: 19.200
Low
18.50
Averages
32.77
High
60.00
Current: 19.200
Low
18.50
Averages
32.77
High
60.00
Texas Capital
Buy
initiated
$23
2026-01-27
New
Reason
Texas Capital
Price Target
$23
AI Analysis
2026-01-27
New
initiated
Buy
Reason
Texas Capital initiated coverage of NuScale Power with a Buy rating and $23 price target. NuScale offers exposure to the first and only small modular reactor approved by the U.S. Nuclear Regulatory Commission, relying on conventional low-enriched uranium that is broadly available today, further de-risking the supply chain relative to many peers, the analyst tells investors.NuScale offers "differentiated exposure" to advanced nuclear development with less regulatory, supply chain, and execution risk relative to public peers, the analyst added.
RBC Capital
Sector Perform
downgrade
$32 -> $21
2026-01-20
Reason
RBC Capital
Price Target
$32 -> $21
2026-01-20
downgrade
Sector Perform
Reason
RBC Capital lowered the firm's price target on NuScale Power to $21 from $32 and keeps a Sector Perform rating on the shares as part of a broader research note previewing Q4 for U.S. Clean Energy. The firm continue to believe there is a lot to like given a strong macro backdrop, even though valuations remain higher than they have been in some time, supported by expectations for stronger bookings and optimistic demand commentary, the analyst tells investors in a research note. Nuclear energy demand is in the early stages of a resurgence, led by hyperscaler demand for always-on clean power, but the firm's Speculative Risk qualifier reflects the risks associated with a technology that is yet to be commercially deployed at scale, the firm added.
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BofA
Dimple Gosai
Underperform
to
Neutral
upgrade
$28
2026-01-09
Reason
BofA
Dimple Gosai
Price Target
$28
2026-01-09
upgrade
Underperform
to
Neutral
Reason
BofA analyst Dimple Gosai upgraded NuScale Power to Neutral from Underperform with a $28 price target.
BofA
Underperform -> Neutral
upgrade
$34 -> $28
2026-01-09
Reason
BofA
Price Target
$34 -> $28
2026-01-09
upgrade
Underperform -> Neutral
Reason
As previously reported, BofA upgraded NuScale Power to Neutral from Underperform with a price target of $28, down from $34. Following the recent stock correction, the firm's revised view now implies deployments closer to its base case, the analyst tells investors. The derisked LWR design and TVA -anchored first-mover licensing bolster credibility, but front-loaded ENTRA1 dilution and limited contract visibility cap near term upside, the analyst contends. On the Small module reactors group, the firm adds that policy momentum "lowers friction but does not pull timelines forward, making 2026 a screening year rather than a build year."
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.
