SMR

Wall Street Stock Recommendations: Major firms like Citi, JPMorgan, and UBS have made various stock recommendations, with Citi maintaining a buy on Nvidia despite macro concerns, while JPMorgan continues to favor Amazon due to its bullish sentiment and growth potential.

Initiations and Upgrades/Downgrades: Several companies received new ratings, including Raymond James initiating JFrog as outperform, Wells Fargo rating Sarepta as overweight, and Scotiabank downgrading Chevron to sector perform, reflecting differing outlooks on growth and market conditions across sectors.

Bullish Option Flow: Nuscale Power Corp has seen significant bullish activity with 12,327 call options traded, indicating a strong interest in the stock ahead of earnings on May 8th. The Put/Call Ratio stands at 0.36, suggesting more calls than puts are being purchased.

Market Insights: The company's implied volatility has increased by nearly 26 points to 122.62%, reflecting heightened expectations for price movement, while specific options like Jul-25 15 calls and 4/4 weekly 12 puts have garnered substantial trading volume.

NuScale E2 Center Opening: NuScale Power Corporation has opened its Energy Exploration (E2) Center at the University of Nevada, Las Vegas, to provide hands-on learning in nuclear science and engineering, supported by a U.S. Department of Energy grant.

Innovative Learning Environment: The E2 Center features a state-of-the-art control room simulator that allows students to experience real-world nuclear power plant operations, while also serving as a community outreach hub to promote the benefits of nuclear energy.

Nuclear Power Expansion Efforts: Major tech companies like Meta, Google, and Amazon are backing initiatives to triple global nuclear power capacity by 2050, despite challenges such as high costs and slow construction times compared to renewable energy sources.

Challenges for Small Modular Reactors (SMRs): While SMRs promise reduced costs through mass production, they face significant hurdles in proving their economic viability against larger reactors and established renewable technologies, with the U.S. projected to add more solar and battery capacity than new nuclear power in the near future.

NuScale Power's Innovations: NuScale Power is pioneering advanced small modular reactors (SMRs) that promise efficient and scalable nuclear energy solutions, with significant backing from Fluor and public funding for projects like the VOYGR-6 SMR power plant in Romania.

Investment Risks and Potential: While NuScale shows long-term potential in the nuclear energy sector, it faces risks including ongoing financial losses and project delays, making it a speculative investment best suited for aggressive investors.

NuScale Power's Stock Performance: NuScale Power's shares have surged 350% over the past year, driven by investor optimism about the future of small modular nuclear reactors (SMRs), despite the company currently operating at a loss and facing several years before profitability.

Future Prospects and Risks: The company is positioned to be a leader in the SMR market with significant projects underway, including a potential deal in Romania, but investors should be prepared for long-term volatility and the possibility of continued losses as the technology develops.

Vanguard Industrials ETF Analysis: The Vanguard Industrials ETF (VIS) has an implied analyst target price of $293.89 per unit, indicating a potential upside of 17.94% from its current trading price of $249.18.

Individual Holdings Performance: Notable underlying holdings such as NuScale Power Corp, Driven Brands Holdings Inc, and JELD-WEN Holding Inc show significant upside potential based on analyst targets, raising questions about the validity of these projections amidst market conditions.

NuScale Power's Current Status: NuScale Power is a start-up focused on small-scale modular nuclear reactors, currently seeking U.S. government approval and positioned as the leader in this technology, with significant backing from major construction and steel firms.

Future Prospects: The next five years are critical for NuScale as it aims to demonstrate its commercial viability through a potential project in Romania, which could serve as a blueprint for future installations, despite being a money-losing venture at present.

Cameco's Role in Nuclear Power: Cameco is a leading uranium fuel provider essential for nuclear power plants, benefiting from the growing demand for cleaner energy and strategic partnerships aimed at expanding global nuclear capacity.

Financial Performance and Stability: In 2024, Cameco experienced significant revenue growth and improved EBITDA, with its investment in Westinghouse potentially providing stability and advantageous access to customers in the volatile uranium market.

Stock Performance Overview: SMR's stock has a 52-week low of $4.61 and a high of $32.30, with the last trade recorded at $16.17.

Author's Perspective Disclaimer: The opinions expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.

NuScale E2 Center Opening: NuScale Power Corporation has opened an Energy Exploration (E2) Center™ at Rensselaer Polytechnic Institute, providing students with hands-on learning experiences in advanced nuclear technology and simulated power plant operations.

Educational Impact and Community Engagement: The center aims to educate not only engineering students but also local leaders and K-12 students about the benefits of nuclear energy, fostering a nuclear-ready workforce for the future.

Nuclear Energy Resurgence: Over 31 countries, along with major tech companies and financial institutions, have pledged to triple nuclear energy capacity by 2050, highlighting its potential role in meeting future energy demands alongside renewables.

NuScale Power's Development: NuScale Power is leading the small modular reactor (SMR) market with its design approval from the NRC, but faces challenges such as rising costs and delays in project timelines, making it a speculative investment for those considering stock purchases.

Investment Potential: NuScale Power is a nuclear power start-up that, despite currently losing money, presents an attractive investment opportunity due to its innovative approach of building small, modular reactors in a factory setting, which promises efficiency and reduced construction times.

Market Position and Future Prospects: With the first NRC-approved small modular reactor technology and a potential commercial project in Romania set for approval in 2025, NuScale Power is positioned to capitalize on increasing energy demands and could gain a significant first-mover advantage in the nuclear industry.

U.S. Energy Transformation: The U.S. is undergoing a significant energy transformation due to rising electricity demand from data centers and electrification initiatives, creating opportunities for companies involved in infrastructure development.

Investment Opportunities: Global X identifies key players like Constellation Energy, Quanta Services, Eaton Corp, and NuScale Power as leaders in the electrification revolution, presenting substantial investment prospects in the evolving energy economy.

NuScale Power's Competitive Edge: NuScale Power is positioned as a leader in the small modular reactor (SMR) market, leveraging existing technology and supply chains to expedite development, with hopes of commercializing its reactors by the end of the decade.

Investment Risks and Future Outlook: While the company has made significant strides, including reducing operating expenses and securing potential contracts, it faces high risks related to cash burn, regulatory approvals, and project confirmations that could impact its future viability and investor confidence.

Tech Companies Support Nuclear Energy: Amazon, Google, Meta, and Dow have joined a coalition to triple global nuclear capacity by 2050, addressing the rising energy demands from AI and data centers, which could consume up to 25% of U.S. power by 2030.

Investment in Nuclear Projects: Amazon has invested over $500 million in nuclear energy projects, while other tech giants emphasize the importance of reliable and clean energy sources to support their expanding operations.

Nuclear Capacity Pledge: Major companies including Amazon, Google, and Meta have signed a pledge to triple global nuclear capacity by 2050, following similar commitments from various countries and financial institutions.

Industry Support: The announcement was made at CERAWeek 2025 in Houston, with support from nuclear technology developers like Nuscale Power and Oklo, highlighting a growing consensus on the importance of nuclear energy for future sustainability.

Analyst Rating and Price Target: Neil Kalton from Wells Fargo has maintained a Sell rating on NuScale Power with a price target of $4.50, while the stock closed at $15.63. The analyst consensus for NuScale is a Moderate Buy with a higher price target of $18.88.

Insider Activity and Sentiment: Recent insider activity shows negative sentiment towards NuScale Power, with an increase in insiders selling shares, including CEO John Lawrence Hopkins who sold nearly 77,000 shares.

Financial Performance: NuScale Power's stock has dropped over 30% due to a significant increase in net losses from $56.4 million to $180.3 million despite rising sales, although the company ended the year with improved cash reserves of $446.7 million and no debt.

Market Outlook: Analysts remain optimistic about NuScale's future, maintaining Buy ratings and highlighting its unique position as the only small modular reactor approved by the US Nuclear Regulatory Commission, with expectations for revenue growth driven by ongoing projects and partnerships.

Insider Trading Activity: Clayton Scott, Chief Commercial Officer of $SMR, sold 14,535 shares for approximately $239,042, representing 16.4% of his holdings, with no insider purchases reported in the last six months.

Institutional Investor Movements: In the latest quarter, 225 institutional investors increased their positions in $SMR stock while 84 reduced theirs, indicating mixed sentiment among large shareholders.