NuScale Power (NYSE:SMR) Upgraded at Bank of America

Bank of America upgraded shares of NuScale Power (NYSE:SMR) from an underperform rating to a neutral rating in a research note released on Friday, MarketBeat reports. Bank of America currently has $28.00 price target on the stock.

SMR has been the topic of a number of other reports. Citigroup reissued a “sell” rating and issued a $37.50 target price (down from $46.00) on shares of NuScale Power in a research note on Tuesday, October 21st. The Goldman Sachs Group cut their price objective on shares of NuScale Power from $27.00 to $23.00 and set a “neutral” rating on the stock in a research report on Friday, December 12th. B. Riley reduced their price objective on shares of NuScale Power from $38.00 to $24.00 and set a “buy” rating for the company in a research note on Monday, December 22nd. BNP Paribas Exane cut shares of NuScale Power from a “neutral” rating to an “underperform” rating in a report on Tuesday, October 21st. Finally, Royal Bank Of Canada cut their price target on shares of NuScale Power from $35.00 to $32.00 and set a “sector perform” rating on the stock in a report on Monday, November 10th. Four investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, NuScale Power currently has a consensus rating of “Hold” and an average target price of $34.75.

NuScale Power Stock Performance

Shares of SMR opened at $20.52 on Friday. NuScale Power has a fifty-two week low of $11.08 and a fifty-two week high of $57.42. The firm’s 50-day simple moving average is $20.75 and its two-hundred day simple moving average is $33.30. The stock has a market cap of $6.12 billion, a PE ratio of -7.17 and a beta of 2.12.

NuScale Power (NYSE:SMR) last issued its quarterly earnings results on Thursday, November 6th. The company reported ($1.85) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($1.74). NuScale Power had a negative return on equity of 51.27% and a negative net margin of 594.63%.The company had revenue of $8.24 million during the quarter, compared to the consensus estimate of $11.29 million. During the same period in the prior year, the firm earned ($0.18) earnings per share. The business’s revenue for the quarter was up 1635.2% compared to the same quarter last year. Equities research analysts predict that NuScale Power will post -0.73 EPS for the current year.

Insider Activity at NuScale Power

In other news, CFO Robert Ramsey Hamady sold 40,000 shares of NuScale Power stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $22.17, for a total value of $886,800.00. Following the completion of the sale, the chief financial officer directly owned 46,283 shares in the company, valued at $1,026,094.11. The trade was a 46.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On NuScale Power

Large investors have recently added to or reduced their stakes in the stock. Clear Street Group Inc. bought a new position in shares of NuScale Power during the 3rd quarter valued at $155,616,000. Samsung C&T Corp grew its holdings in shares of NuScale Power by 98.9% in the third quarter. Samsung C&T Corp now owns 5,185,804 shares of the company’s stock worth $186,689,000 after acquiring an additional 2,578,702 shares during the period. Van ECK Associates Corp increased its position in NuScale Power by 67.2% during the third quarter. Van ECK Associates Corp now owns 5,287,814 shares of the company’s stock valued at $190,362,000 after acquiring an additional 2,125,250 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in NuScale Power by 1,220.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,845,116 shares of the company’s stock valued at $26,127,000 after acquiring an additional 1,705,411 shares during the period. Finally, Alyeska Investment Group L.P. purchased a new position in NuScale Power in the third quarter worth about $51,985,000. Institutional investors own 78.37% of the company’s stock.

Trending Headlines about NuScale Power

Here are the key news stories impacting NuScale Power this week:

• Positive Sentiment: Bank of America upgraded SMR from “underperform” to “neutral” and set a $28 price target, signaling fresh analyst support and implied upside from current levels. Bank of America upgrade
• Positive Sentiment: Unusually large call-option activity — about 146,774 calls traded (roughly +31% vs typical daily call volume) — suggests speculative bullish positioning from traders expecting further upside or news flow.
• Positive Sentiment: Sector and headlines are favoring NuScale: several articles highlight NuScale as a potential beneficiary of multi‑year CapEx into infrastructure, energy and AI data centers (a thematic tailwind if hyperscalers pursue on-site or dedicated nuclear solutions). See coverage that places SMR in the group of industrial names likely to benefit. CapEx beneficiaries article Hyperscalers piece
• Neutral Sentiment: Some of the intraday lift tied to Meta’s announced nuclear deals — media attention links NuScale to that narrative even though NuScale was not a counterparty in Meta’s announced agreements; that makes the move partly sentiment-driven rather than contract-driven. Fool article
• Neutral Sentiment: Pre-market and early coverage picked up the story and amplified trading interest; some outlets flagged the stock’s jump and asked whether current pricing already reflects future value, which could temper further immediate gains. Yahoo Finance valuation piece Investing.com premarket
• Negative Sentiment: Fundamentals remain a constraint: recent quarterly results missed estimates (large EPS shortfall), revenue is still small relative to market expectations, and the company posts negative margins and returns — factors that increase execution risk and make the stock sensitive to sentiment shifts.

About NuScale Power

NuScale Power Corporation, trading on the NYSE American under the ticker SMR, is a pioneering developer of small modular nuclear reactors. Established in 2007 as a spinout from Oregon State University, the company is headquartered in Portland, Oregon. NuScale’s mission is to deliver zero-carbon baseload power through scalable modular reactor technology, aiming to transform traditional nuclear energy deployment.

At the core of NuScale’s offering is the VOYGR small modular reactor design, featuring 77-megawatt electric (MWe) modules with passive safety systems.