Canaccord Genuity Group Cuts NuScale Power (NYSE:SMR) Price Target to $25.00

NuScale Power (NYSE:SMR) had its target price lowered by Canaccord Genuity Group from $60.00 to $25.00 in a research note issued to investors on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

Several other brokerages also recently weighed in on SMR. UBS Group set a $20.00 price target on shares of NuScale Power in a research report on Tuesday, November 25th. Zacks Research raised NuScale Power from a “strong sell” rating to a “hold” rating in a report on Friday, February 20th. Barclays decreased their price target on NuScale Power from $45.00 to $15.00 and set an “equal weight” rating for the company in a research note on Monday, February 23rd. Cantor Fitzgerald dropped their price objective on NuScale Power from $55.00 to $20.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 24th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $20.00 target price on shares of NuScale Power in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, NuScale Power presently has a consensus rating of “Hold” and a consensus target price of $24.42.

NuScale Power Price Performance

SMR opened at $12.82 on Friday. The stock has a 50-day moving average price of $16.79 and a 200-day moving average price of $26.98. The firm has a market cap of $3.83 billion, a PE ratio of -4.44 and a beta of 2.20. NuScale Power has a 1 year low of $11.08 and a 1 year high of $57.42.

NuScale Power (NYSE:SMR) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.80) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.70). The firm had revenue of $1.81 million for the quarter, compared to analysts’ expectations of $8.76 million. NuScale Power had a negative net margin of 1,130.26% and a negative return on equity of 55.23%. As a group, sell-side analysts anticipate that NuScale Power will post -0.73 EPS for the current year.

Insider Transactions at NuScale Power

In other NuScale Power news, CFO Robert Ramsey Hamady sold 40,000 shares of the firm’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $22.17, for a total value of $886,800.00. Following the transaction, the chief financial officer directly owned 46,283 shares of the company’s stock, valued at approximately $1,026,094.11. This trade represents a 46.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On NuScale Power

A number of institutional investors and hedge funds have recently made changes to their positions in SMR. Strategic Advocates LLC purchased a new stake in NuScale Power during the third quarter valued at approximately $25,000. CX Institutional bought a new stake in shares of NuScale Power during the 3rd quarter valued at $25,000. Nemes Rush Group LLC purchased a new stake in shares of NuScale Power in the 3rd quarter worth $25,000. Indiana Trust & Investment Management Co bought a new position in NuScale Power in the 3rd quarter worth $34,000. Finally, Accredited Wealth Management LLC bought a new position in NuScale Power in the 3rd quarter worth $35,000. Hedge funds and other institutional investors own 78.37% of the company’s stock.

Key NuScale Power News

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

• Positive Sentiment: Company outlines deployment plan (ENTRA1) covering ~6 GW U.S. nuclear deployment and says it has ~$1.3B liquidity for 2026 — this supports project execution and de‑risking of near‑term funding needs. ENTRA1 and liquidity report
• Positive Sentiment: Strategic partnerships and project milestones — Oak Ridge partnership (AI work) and Romania coal‑to‑SMR FID advance demonstrate commercial traction and technology adoption. Partnerships and project news
• Positive Sentiment: Analyst upgrade from Northland Securities to “outperform” with $21 PT — market-friendly research can provide buying support. Northland upgrade
• Neutral Sentiment: Bullish features and long‑term narratives (e.g., retail pieces arguing large TAM and AI‑driven electricity demand) keep speculative interest alive but are highly forward‑looking and hinge on commercialization execution. Fool long‑term thesis
• Negative Sentiment: Q4 2025 results missed heavily — EPS and revenue fell well below estimates (large net loss, revenue decline), which is the primary catalyst for the sell‑off. Q4 results
• Negative Sentiment: NuScale launched a US$1B at‑the‑market equity program — increases dilution risk and pressure on share price while the company remains unprofitable. Valuation and equity program analysis
• Negative Sentiment: Multiple securities‑fraud class action notices and law‑firm alerts filed/issued after recent stock drops — adds legal overhang and near‑term uncertainty. Class action notice
• Negative Sentiment: Canaccord lowered its price target materially (from $60 to $25) despite keeping a buy rating — signals reduced analyst conviction on upside magnitude. Canaccord target cut

NuScale Power Company Profile

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.