NuScale Power Shares Surge 40% Year-to-Date Amid Nuclear Energy Boom
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
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Source: Fool
- Stock Performance: NuScale Power shares have had a strong start in 2026, surging 40% year-to-date through Monday morning trading, reflecting heightened investor confidence and interest in the nuclear energy sector.
- Catalyst for Growth: A significant catalyst occurred in September 2024 when Constellation Energy signed a power purchase agreement with Microsoft to restart the Three Mile Island nuclear plant, which spurred interest in advanced nuclear companies like NuScale Power, contributing to its stock price increase.
- Policy Support: In May 2025, President Trump signed executive orders to promote a nuclear energy renaissance, with market expectations that these measures would reduce regulatory hurdles and expedite NuScale Power's path to commercial operations, further boosting investor sentiment.
- Investment Returns: An investment of $1,000 in NuScale Power three years ago has grown to $2,000 by January 23, 2023, indicating the company's growth potential in the nuclear sector, although investors should remain cautious about the uncertainties surrounding its commercial operations.
Analyst Views on SMR
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
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
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.
