Citigroup Cuts NuScale Power (NYSE:SMR) Price Target to $11.50

NuScale Power (NYSE:SMR) had its price target cut by Citigroup from $18.50 to $11.50 in a research note released on Monday,Benzinga reports. They currently have a sell rating on the stock.

SMR has been the topic of several other reports. Northland Securities upgraded shares of NuScale Power from a “market perform” rating to an “outperform” rating and set a $21.00 price objective on the stock in a report on Friday, February 27th. Royal Bank Of Canada dropped their price target on shares of NuScale Power from $21.00 to $14.00 and set a “sector perform” rating for the company in a research report on Monday. TD Cowen downgraded shares of NuScale Power from a “buy” rating to a “hold” rating in a research note on Wednesday, February 11th. The Goldman Sachs Group lowered their price objective on shares of NuScale Power from $20.00 to $14.00 and set a “neutral” rating for the company in a research note on Monday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of NuScale Power in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $21.42.

NuScale Power Stock Up 0.1%

SMR stock opened at $12.54 on Monday. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of -4.34 and a beta of 2.19. NuScale Power has a 52-week low of $11.08 and a 52-week high of $57.42. The stock’s fifty day simple moving average is $16.58 and its 200-day simple moving average is $26.56.

NuScale Power (NYSE:SMR) last released its earnings results on Thursday, February 26th. The company reported ($0.80) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.70). NuScale Power had a negative net margin of 1,130.26% and a negative return on equity of 55.23%. The business had revenue of $1.81 million during the quarter, compared to analyst estimates of $8.76 million. As a group, analysts anticipate that NuScale Power will post -0.73 earnings per share for the current fiscal year.

Insider Transactions at NuScale Power

In other news, insider Clayton Scott sold 22,478 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $12.22, for a total transaction of $274,681.16. Following the transaction, the insider directly owned 132,852 shares of the company’s stock, valued at approximately $1,623,451.44. The trade was a 14.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Jose N. Reyes, Jr. sold 25,951 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $12.22, for a total value of $317,121.22. Following the completion of the transaction, the chief technology officer directly owned 268,081 shares of the company’s stock, valued at $3,275,949.82. This represents a 8.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 675,610 shares of company stock worth $9,085,239 over the last 90 days. 1.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On NuScale Power

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd acquired a new position in NuScale Power during the 4th quarter valued at approximately $3,169,000. Instrumental Wealth LLC bought a new position in NuScale Power in the 4th quarter worth about $231,000. Pacer Advisors Inc. acquired a new stake in shares of NuScale Power in the fourth quarter valued at approximately $1,393,000. Axxcess Wealth Management LLC raised its holdings in shares of NuScale Power by 92.2% during the fourth quarter. Axxcess Wealth Management LLC now owns 41,687 shares of the company’s stock valued at $591,000 after buying an additional 20,000 shares during the last quarter. Finally, Ameriflex Group Inc. acquired a new position in shares of NuScale Power during the fourth quarter worth approximately $30,000. 78.37% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about NuScale Power

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

• Positive Sentiment: Bullish sector analysis highlights NuScale as a first‑mover SMR play for AI/data‑center baseload demand, cites NRC Standard Design Approval, manufacturing progress and ~ $1.3B cash runway — supports upside if commercialization deals arrive. Read More.
• Positive Sentiment: Retail/investor interest boosted by inclusion in a Motley Fool piece listing NuScale as one of “2 Nuclear Energy Stocks to Buy in March” — can help flow/volume into the name. Read More.
• Neutral Sentiment: Analyst coverage showing mixed directional bias: several firms trimmed price targets (Goldman/RBC to ~$14; Canaccord trimmed but remains above current levels). These lower targets compress upside expectations but are not unanimously bearish. Read More.
• Negative Sentiment: Multiple law firms and plaintiffs have filed securities‑class‑action suits alleging misstatements tied to the ENTRA1 commercialization partnership; numerous investor alerts cite an April 20, 2026 lead‑plaintiff deadline — this legal overhang raises potential liability, disclosure risk and partner/contract uncertainty. Read More.
• Negative Sentiment: Significant insider selling disclosed across the cap table: director Corp Fluor sold ~463,747 shares (~$6.1M at ~$13.15) and several senior execs (CEO, CFO, CTO, COO) reported sales in early March — large insider exits often weigh on sentiment and can amplify downside in the short term. Read More.
• Negative Sentiment: Major broker negative call: Citigroup cut its target to ~$11.50 and issued a “sell” rating — a notable bearish signal from a large sell‑side firm that can pressure sentiment. Read More.
• Negative Sentiment: Coverage and reporting are re‑examining the ENTRA1 partnership and valuation after the litigation — any weakening of that commercialization narrative (or loss of partner confidence) would directly impact SMR’s revenue outlook and catalyst timeline. Read More.

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.