NuScale Power Reports Q4 Revenue Miss Amid NRC Approval
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
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Should l Buy SMR?
Source: stocktwits
- Revenue Shortfall: NuScale Power reported a disappointing $1.8 million in Q4 revenue, significantly below Wall Street's $8.76 million estimate, indicating competitive pressures that could impact future financing capabilities.
- Design Approval Impact: The U.S. Nuclear Regulatory Commission's early approval of NuScale's 77-megawatt electric standard design allows the company to support a broader range of clients seeking clean baseload energy, potentially paving the way for future business growth despite the revenue miss.
- Strategic Partnership Progress: NuScale's exclusive commercialization partner, ENTRA1, has reached an agreement with the Tennessee Valley Authority to supply 6 GW of power, marking a significant advancement in the largest nuclear power program in U.S. history, showcasing the company's strategic positioning in the clean energy market.
- Retail Sentiment Shift: Despite NuScale's shares declining nearly 23% over the past 12 months, retail investor sentiment has shifted from 'bearish' to 'bullish', indicating a reassessment of the company's future potential that may attract more investor interest.
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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: 13.180
Low
18.50
Averages
32.77
High
60.00
Current: 13.180
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.
- Revenue Shortfall: NuScale Power reported a disappointing $1.8 million in Q4 revenue, significantly below Wall Street's $8.76 million estimate, indicating competitive pressures that could impact future financing capabilities.
- Design Approval Impact: The U.S. Nuclear Regulatory Commission's early approval of NuScale's 77-megawatt electric standard design allows the company to support a broader range of clients seeking clean baseload energy, potentially paving the way for future business growth despite the revenue miss.
- Strategic Partnership Progress: NuScale's exclusive commercialization partner, ENTRA1, has reached an agreement with the Tennessee Valley Authority to supply 6 GW of power, marking a significant advancement in the largest nuclear power program in U.S. history, showcasing the company's strategic positioning in the clean energy market.
- Retail Sentiment Shift: Despite NuScale's shares declining nearly 23% over the past 12 months, retail investor sentiment has shifted from 'bearish' to 'bullish', indicating a reassessment of the company's future potential that may attract more investor interest.
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- Class Action Notice: Rosen Law Firm reminds investors who purchased NuScale Power Class A common stock between May 13, 2025, and November 6, 2025, to apply as lead plaintiffs by April 20, 2026, to participate in the class action and seek compensation.
- Lawsuit Background: The lawsuit alleges that NuScale made false and/or misleading statements throughout the class period, failing to disclose significant risks associated with its commercialization strategy, resulting in investor losses when the truth emerged.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked first by ISS Securities Class Action Services in 2017, demonstrating its expertise and success in this field.
- Investor Selection Advice: Investors are advised to carefully choose law firms with a proven track record to ensure effective legal support in class actions, avoiding those that merely act as intermediaries without substantial litigation experience.
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- Quarterly Losses: NuScale Power reported a quarterly loss of eight cents per share, which was better than the consensus estimate of a 13-cent loss, yet it still highlights the financial challenges the company faces, potentially impacting investor confidence.
- Quarterly Revenue: The company reported quarterly revenue of $1.81 million, which, while not showing significant growth, provides a foundation for continued development in the small modular reactor (SMR) industry.
- Full-Year Outlook: CEO John Hopkins stated that 2025 will be a breakthrough year, further solidifying the company's position as a first mover in the SMR industry, a strategic positioning that may attract more investor interest.
- Stock Price Movement: In Thursday's extended trading, NuScale's stock fell 3.23% to $12.90, reflecting market reactions to the earnings report and uncertainties regarding future growth.
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Stock Sale Announcement: Fluor Corporation plans to sell 463.75K shares of its common stock on February 26, with an estimated market value of around $6.11 million.
Reduction in Shareholding: Fluor Corporation has decreased its shareholding in NuScale Power by 71 million shares since February 13, 2026, with a total value of approximately $1.35 billion.
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- Lawsuit Background: NuScale Power Corporation is facing a class action lawsuit for allegedly making false statements to investors between May 13 and November 6, 2025, claiming violations of the Securities Exchange Act of 1934, which could negatively impact the company's reputation and stock price.
- Investor Rights: Affected investors have until April 20, 2026, to apply as lead plaintiffs in the lawsuit, and even those who choose not to participate can still share in any potential recovery, highlighting the broad implications of the legal action for investors.
- Law Firm's Role: Bernstein Liebhard LLP, representing the plaintiffs, has recovered over $3.5 billion for clients since 1993, showcasing its strong expertise in securities litigation, which may bolster investor confidence in the lawsuit's outcome.
- Potential Risks: The lawsuit alleges misrepresentations regarding the global commercialization partnership with ENTRA1 Energy LLC, and if proven, could severely undermine NuScale's market credibility and future business opportunities.
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- Revenue Decline Expected: Wall Street analysts forecast NuScale's quarterly revenue to be $8.76 million, a significant drop from $34.22 million a year ago, indicating challenges in the company's commercialization efforts that may affect investor confidence.
- Stock Price Volatility: NuScale's shares fell nearly 1% in pre-market trading and have dropped nearly 7% year-to-date, reflecting market concerns about its future development and profitability, particularly amid the rapidly growing energy demand from AI data centers.
- Innovative Collaboration: NuScale is partnering with Oak Ridge National Laboratory to utilize an AI-enabled design framework for optimizing the configuration of 12 NuScale Power Modules, aiming to enhance fuel management efficiency across multiple reactors, which could accelerate the commercialization of nuclear technology.
- Shift in Market Sentiment: Retail sentiment on NuScale has shifted from 'bullish' to 'bearish' over the past month, despite a 89% increase in followers on Stocktwits over the past year, indicating short-term market fatigue despite growing interest in the company's potential.
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