NuScale Power Stock Plummets Amid Project Delays
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Source: Fool
- Stock Performance: NuScale Power's stock has declined nearly 20% year-to-date, trading almost 80% below its record high of $53.43 from last October, indicating market concerns about its future prospects.
- Project Cancellation Impact: The ambitious plan to deploy a 462 MWe nuclear plant in Idaho was scrapped due to skyrocketing costs, leading the company to work as a subcontractor for Fluor on a similar project in Romania, generating most of its revenue from front-end engineering and design (FEED) studies.
- Future Revenue Expectations: Analysts project NuScale's revenue to surge from $31.5 million to $286.8 million between 2025 and 2028, driven by rapid growth in the power-hungry cloud, AI, and data center markets, yet its market cap of $3.75 billion reflects a valuation of 13 times its projected 2028 revenue.
- Increasing Market Challenges: As military conflicts in the Middle East intensify, inflation, and other macroeconomic pressures mount, investors are rotating away from speculative stocks like NuScale towards more conservative investments, which could exert continued downward pressure on NuScale's volatile stock.
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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: 11.760
Low
18.50
Averages
32.77
High
60.00
Current: 11.760
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.
NuScale Power Stock Plummets 79% Amid Challenges
- Stock Volatility: NuScale Power's stock has plummeted 79% from $57 last October to $12.38 today, indicating significant market concerns about its future, which could lead to diminished investor confidence.
- First-Mover Advantage: As the only small modular reactor manufacturer certified by the U.S. Nuclear Regulatory Commission (NRC), NuScale's design took 3.5 years to approve, providing a first-mover advantage, yet it still faces competitive pressures and project execution challenges.
- Slow Project Progress: The RoPower project in Romania has received a final investment decision, but the new facility is not expected to be operational until 2033, a delay from the original 2030 timeline, highlighting the complexities and risks of project implementation.
- Controversial Partnership: The collaboration with ENTRA1, while aiding project financing, has raised investor concerns due to the requirement for milestone payments potentially totaling $6 billion, which could impact NuScale's financial stability and future growth prospects.
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NuScale Power Stock Plummets Amid Project Delays
- Stock Performance: NuScale Power's stock has declined nearly 20% year-to-date, trading almost 80% below its record high of $53.43 from last October, indicating market concerns about its future prospects.
- Project Cancellation Impact: The ambitious plan to deploy a 462 MWe nuclear plant in Idaho was scrapped due to skyrocketing costs, leading the company to work as a subcontractor for Fluor on a similar project in Romania, generating most of its revenue from front-end engineering and design (FEED) studies.
- Future Revenue Expectations: Analysts project NuScale's revenue to surge from $31.5 million to $286.8 million between 2025 and 2028, driven by rapid growth in the power-hungry cloud, AI, and data center markets, yet its market cap of $3.75 billion reflects a valuation of 13 times its projected 2028 revenue.
- Increasing Market Challenges: As military conflicts in the Middle East intensify, inflation, and other macroeconomic pressures mount, investors are rotating away from speculative stocks like NuScale towards more conservative investments, which could exert continued downward pressure on NuScale's volatile stock.
See More
NuScale's Stock Declines Amidst Uncertain Future
- Stock Performance Decline: NuScale Power (NYSE: SMR) has seen its stock decline nearly 20% this year, trading almost 80% below its record high of $53.43 from last October, indicating market concerns about its future prospects.
- Project Setbacks: The ambitious plan to deploy a 462 MWe nuclear plant in Idaho was scrapped due to skyrocketing costs, and NuScale is now working as a subcontractor for Fluor (NYSE: FLR) to build a similar plant for Romania's RoPower, which recently received its final investment decision, but the first reactors are not expected until the early 2030s.
- Revenue Shift: Currently, NuScale generates most of its revenue from front-end engineering and design (FEED) studies for the Romanian project, with analysts projecting revenue to surge from $31.5 million to $286.8 million from 2025 to 2028, driven by rapid growth in the cloud, AI, and data center markets.
- Increased Market Pressure: As military conflicts in the Middle East escalate and inflation rises, investors are rotating towards more conservative investments, which could continue to weigh down NuScale's stock, despite the potential for premium valuation if it successfully deploys reactors in the early 2030s.
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NuScale Power Faces Class Action Lawsuit for Securities Fraud
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- Financial Misrepresentation: NuScale disclosed a staggering increase in general and administrative expenses from $17 million to $519 million in Q3 2025, primarily due to a $495 million payment to ENTRA1 for services, raising doubts about the company's financial health and potentially impacting future financing capabilities.
- Partner Capability Concerns: The lawsuit alleges that NuScale falsely promoted its partner ENTRA1's capabilities, claiming extensive experience in nuclear project development, while in reality, ENTRA1 had never completed any significant projects, which could lead to a decline in investor trust in NuScale.
- Legal Implications: Investors have until April 20, 2026, to apply to lead the case, and if the lawsuit succeeds, it could have significant financial repercussions for NuScale's shareholders, while also prompting the company to enhance compliance and transparency to restore market confidence.
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- Natural Gas Price Increase: Natural gas prices have risen over 16% since the start of the year, adding to the energy cost pressures faced by data centers, particularly given that fossil fuels account for about 60% of their power needs according to the International Energy Agency (IEA).
- AI Data Center Construction Challenges: The volatility in fossil fuel prices presents additional hurdles for the global data center build-out necessary to support the rapidly growing compute needs of the AI industry, compelling companies to seek more stable energy solutions.
- Nuclear Energy Solutions: Companies like Oklo and NuScale Power are developing smaller, modular nuclear reactors aimed at providing reliable base load power to AI data centers, thereby alleviating the uncertainties associated with fossil fuel price fluctuations and promoting the adoption of clean energy.
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NuScale Power Stock Plummets 79% Amid Challenges
- Stock Volatility: NuScale Power's stock has plummeted 79% from $57 last October to $12.38 today, indicating significant market concerns about its future, which could lead to diminished investor confidence.
- First-Mover Advantage: As the only small modular reactor manufacturer certified by the U.S. Nuclear Regulatory Commission (NRC), NuScale's design took 3.5 years to approve, providing a first-mover advantage, yet it still faces competitive pressures and project execution challenges.
- Slow Project Progress: The RoPower project in Romania has received a final investment decision, but the new facility is not expected to be operational until 2033, a delay from the original 2030 timeline, highlighting the complexities and risks of project implementation.
- Controversial Partnership: The collaboration with ENTRA1, while aiding project financing, has raised investor concerns due to the requirement for milestone payments potentially totaling $6 billion, which could impact NuScale's financial stability and future growth prospects.
See More
Multiple Companies Face Class Action Lawsuits
- PayPal Lawsuit Overview: During the period from February 25, 2025, to February 2, 2026, PayPal is accused of overstating its ability to execute business initiatives, misleading investors about the company's prospects, with a lead plaintiff motion deadline set for April 20, 2026.
- NuScale Risk Disclosure: NuScale Power Corporation faces allegations of failing to disclose significant risks related to its nuclear energy projects during the period from May 13, 2025, to November 6, 2025, with investors required to act by April 20, 2026, to protect their rights.
- Corcept FDA Concerns: Corcept Therapeutics is accused of not disclosing FDA concerns regarding the effectiveness assessment of its drug during the period from October 31, 2024, to December 30, 2025, with a lead plaintiff motion deadline of April 21, 2026.
- Navan IPO Controversy: Navan, Inc. is alleged to have failed to disclose a 39% increase in sales and marketing expenses during its 2025 IPO, with investors needing to act by April 24, 2026, to safeguard their interests.
See More
NuScale Power Stock Plummets Amid Project Delays
- Stock Performance: NuScale Power's stock has declined nearly 20% year-to-date, trading almost 80% below its record high of $53.43 from last October, indicating market concerns about its future prospects.
- Project Cancellation Impact: The ambitious plan to deploy a 462 MWe nuclear plant in Idaho was scrapped due to skyrocketing costs, leading the company to work as a subcontractor for Fluor on a similar project in Romania, generating most of its revenue from front-end engineering and design (FEED) studies.
- Future Revenue Expectations: Analysts project NuScale's revenue to surge from $31.5 million to $286.8 million between 2025 and 2028, driven by rapid growth in the power-hungry cloud, AI, and data center markets, yet its market cap of $3.75 billion reflects a valuation of 13 times its projected 2028 revenue.
- Increasing Market Challenges: As military conflicts in the Middle East intensify, inflation, and other macroeconomic pressures mount, investors are rotating away from speculative stocks like NuScale towards more conservative investments, which could exert continued downward pressure on NuScale's volatile stock.
See More
NuScale's Stock Declines Amidst Uncertain Future
- Stock Performance Decline: NuScale Power (NYSE: SMR) has seen its stock decline nearly 20% this year, trading almost 80% below its record high of $53.43 from last October, indicating market concerns about its future prospects.
- Project Setbacks: The ambitious plan to deploy a 462 MWe nuclear plant in Idaho was scrapped due to skyrocketing costs, and NuScale is now working as a subcontractor for Fluor (NYSE: FLR) to build a similar plant for Romania's RoPower, which recently received its final investment decision, but the first reactors are not expected until the early 2030s.
- Revenue Shift: Currently, NuScale generates most of its revenue from front-end engineering and design (FEED) studies for the Romanian project, with analysts projecting revenue to surge from $31.5 million to $286.8 million from 2025 to 2028, driven by rapid growth in the cloud, AI, and data center markets.
- Increased Market Pressure: As military conflicts in the Middle East escalate and inflation rises, investors are rotating towards more conservative investments, which could continue to weigh down NuScale's stock, despite the potential for premium valuation if it successfully deploys reactors in the early 2030s.
See More
NuScale Power Faces Class Action Lawsuit for Securities Fraud
- Lawsuit Background: Bleichmar Fonti & Auld LLP has filed a class action lawsuit against NuScale Power and its executives for securities fraud, resulting in a significant stock drop of 12.4% on November 10, 2025, from $32.46 to $28.43, reflecting serious investor concerns over the company's financial transparency.
- Financial Misrepresentation: NuScale disclosed a staggering increase in general and administrative expenses from $17 million to $519 million in Q3 2025, primarily due to a $495 million payment to ENTRA1 for services, raising doubts about the company's financial health and potentially impacting future financing capabilities.
- Partner Capability Concerns: The lawsuit alleges that NuScale falsely promoted its partner ENTRA1's capabilities, claiming extensive experience in nuclear project development, while in reality, ENTRA1 had never completed any significant projects, which could lead to a decline in investor trust in NuScale.
- Legal Implications: Investors have until April 20, 2026, to apply to lead the case, and if the lawsuit succeeds, it could have significant financial repercussions for NuScale's shareholders, while also prompting the company to enhance compliance and transparency to restore market confidence.
See More
Impact of Oil Price Volatility on AI Data Centers
- Oil Price Surge: Geopolitical tensions in Iran have led to a surge in oil prices, which, despite a recent drop from $115 per barrel on March 9 to around $80, remain approximately 40% higher since the beginning of the year, posing challenges for fossil fuel-dependent industries.
- Natural Gas Price Increase: Natural gas prices have risen over 16% since the start of the year, adding to the energy cost pressures faced by data centers, particularly given that fossil fuels account for about 60% of their power needs according to the International Energy Agency (IEA).
- AI Data Center Construction Challenges: The volatility in fossil fuel prices presents additional hurdles for the global data center build-out necessary to support the rapidly growing compute needs of the AI industry, compelling companies to seek more stable energy solutions.
- Nuclear Energy Solutions: Companies like Oklo and NuScale Power are developing smaller, modular nuclear reactors aimed at providing reliable base load power to AI data centers, thereby alleviating the uncertainties associated with fossil fuel price fluctuations and promoting the adoption of clean energy.
See More
