NuScale Power Corp's stock surged by 10.88% in pre-market trading, reaching a 20-day high, as investors reacted positively to the company's growth prospects in the small modular reactor market.
This increase is attributed to the significant market potential for NuScale Power's SMR technology, which is projected to expand at a CAGR of 42.3% from 2024 to 2035. Despite challenges such as slow project progress and strategic difficulties, the optimistic revenue forecasts and the company's unique position in the nuclear sector have bolstered investor confidence, suggesting a potential shift in market sentiment.
The implications of this price movement indicate a growing interest in nuclear energy solutions, particularly as the U.S. government focuses on reducing regulatory hurdles for nuclear plant deployment. Investors are keenly watching NuScale's developments, especially as the company aims for substantial revenue growth in the coming years.
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 36.55 USD with a low forecast of 20.00 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.
12 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 36.55 USD with a low forecast of 20.00 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.
4 Buy
5 Hold
3 Sell
Hold
Current: 19.670
Low
20.00
Averages
36.55
High
60.00
Current: 19.670
Low
20.00
Averages
36.55
High
60.00
BofA
Dimple Gosai
Underperform
to
Neutral
upgrade
$28
2026-01-09
New
Reason
BofA
Dimple Gosai
Price Target
$28
2026-01-09
New
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
New
Reason
BofA
Price Target
$34 -> $28
2026-01-09
New
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."
B. Riley
Buy
downgrade
$38 -> $24
2025-12-22
Reason
B. Riley
Price Target
$38 -> $24
2025-12-22
downgrade
Buy
Reason
B. Riley lowered the firm's price target on NuScale Power to $24 from $38 and keeps a Buy rating on the shares. The stock is down 10% year-to-date as investor concerns have risen around potential dilution following the partnership milestones agreement with ENTRA1 and an increase in authorized share count, the analyst tells investors in a research note. The firm says NuScale shareholders approved an amendment to increase the number of authorized shares of class A common stock from 332M to 662M.
Goldman Sachs
Neutral
downgrade
$27 -> $23
2025-12-12
Reason
Goldman Sachs
Price Target
$27 -> $23
2025-12-12
downgrade
Neutral
Reason
Goldman Sachs lowered the firm's price target on NuScale Power to $23 from $27 and keeps a Neutral rating on the shares.
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.
