NuScale Power Corporation (SMR)
NuScale Power Corporation is focused on developing and selling modular light water reactor nuclear power plants. Their technology aims to supply energy for various applications, including electrical generation and hydrogen production.
Company Overview
NuScale Power is revolutionizing the energy sector with its scalable, small modular reactor (SMR) technology, offering a cleaner, safer, and more flexible alternative to traditional nuclear power plants, positioning it as a key player in the future of distributed and sustainable energy solutions.
Investment Thesis
NuScale Power presents a compelling investment opportunity due to its innovative SMR technology and its potential to disrupt the nuclear energy market. The company's VOYGR power plants offer a scalable and cost-effective solution for clean energy generation, addressing the increasing global demand for carbon-free power. With a gross margin of 66.8%, NuScale demonstrates the potential for strong profitability as it scales its operations. Key growth catalysts include regulatory approvals, successful deployment of its first commercial plant, and expansion into new markets and applications, such as hydrogen production. While the company currently operates with a negative P/E ratio of -7.15 and a negative profit margin of -594.6%, these figures are expected to improve as NuScale transitions from development to commercial operations. The high beta of 2.13 indicates significant volatility, offering potential for high returns but also higher risk. Successful execution of its business plan could drive substantial value creation for investors.
Key Highlights
- Gross Margin of 66.8% indicates strong potential for profitability as the company scales production and deployment.
- Market Cap of $5.49B reflects investor confidence in the company's long-term growth prospects.
- NuScale Power Module (NPM) generates 77 megawatts of electricity (MWe), offering a scalable solution for various energy needs.
- The VOYGR-12 power plant can generate 924 MWe, showcasing the potential for large-scale clean energy production.
- Beta of 2.13 indicates high volatility, suggesting potential for significant gains but also higher risk.
Competitors
Strengths
- Innovative SMR technology with enhanced safety features.
- Scalable and flexible power plant designs.
- Design approval from the U.S. Nuclear Regulatory Commission (NRC).
- Partnership with Fluor Enterprises for engineering and construction expertise.
Weaknesses
- High capital costs associated with nuclear power plant construction.
- Long lead times for project development and regulatory approvals.
- Negative profit margins and reliance on external funding.
- Limited track record of commercial operations.
Catalysts
- Upcoming: Successful deployment of the first commercial VOYGR power plant.
- Ongoing: Continued progress in securing regulatory approvals for new projects.
- Ongoing: Expansion into new markets and applications, such as hydrogen production.
- Ongoing: Increased government support and incentives for clean energy technologies.
Risks
- Potential: Delays in project development and regulatory approvals.
- Potential: Cost overruns and financing challenges.
- Ongoing: Competition from other renewable energy sources.
- Ongoing: Public perception and concerns about nuclear safety.
- Potential: Technological risks associated with SMR deployment.
Growth Opportunities
- Expansion into Hydrogen Production: NuScale can leverage its SMR technology to produce hydrogen through electrolysis, addressing the growing demand for clean hydrogen fuel. The global hydrogen market is projected to reach hundreds of billions of dollars by 2030. NuScale's ability to provide a reliable and carbon-free energy source for hydrogen production gives it a competitive edge. Timeline: Ongoing, with potential for significant revenue generation within the next 3-5 years.
- International Market Expansion: NuScale has the opportunity to expand its operations into international markets, particularly in countries with a strong commitment to reducing carbon emissions and enhancing energy security. The global market for SMRs is expected to grow significantly in the coming years, with potential for deployments in Europe, Asia, and the Middle East. Timeline: Ongoing, with potential for new projects and partnerships within the next 2-3 years.
- Deployment of VOYGR Power Plants: The successful deployment of NuScale's VOYGR power plants will be a major growth driver for the company. Securing contracts for multiple VOYGR plants will generate substantial revenue and establish NuScale as a leading provider of SMR technology. The company is actively pursuing opportunities to deploy its VOYGR plants in various locations. Timeline: Upcoming, with potential for initial deployments within the next 3-5 years.
- Government Incentives and Support: NuScale can benefit from government incentives and support for clean energy technologies, including tax credits, grants, and loan guarantees. Governments around the world are increasingly investing in clean energy solutions to meet their climate goals. NuScale's SMR technology aligns with these goals and is likely to receive significant government support. Timeline: Ongoing, with potential for increased funding and incentives in the coming years.
- Partnerships and Collaborations: Forming strategic partnerships and collaborations with other companies in the energy sector can accelerate NuScale's growth and expand its market reach. Collaborating with utilities, engineering firms, and technology providers can enhance NuScale's capabilities and facilitate the deployment of its SMR technology. Timeline: Ongoing, with potential for new partnerships and collaborations within the next 1-2 years.
Opportunities
- Growing global demand for clean energy and carbon reduction.
- Expansion into hydrogen production and other process heat applications.
- International market expansion in Europe, Asia, and the Middle East.
- Government incentives and support for clean energy technologies.
Threats
- Competition from other renewable energy sources, such as solar and wind.
- Public perception and concerns about nuclear safety.
- Regulatory and political uncertainties.
- Potential for cost overruns and project delays.
Competitive Advantages
- Proprietary SMR Technology: NuScale's patented SMR technology provides a unique and differentiated solution in the nuclear energy market.
- Regulatory Approvals: NuScale has achieved significant regulatory milestones, including design approval from the U.S. Nuclear Regulatory Commission (NRC), creating a barrier to entry for competitors.
- First-Mover Advantage: As one of the first companies to develop and commercialize SMR technology, NuScale has a first-mover advantage in the market.
- Partnership with Fluor: NuScale's partnership with Fluor Enterprises provides access to extensive engineering and construction expertise, enhancing its ability to deliver projects on time and on budget.
About
Founded in 2007 and headquartered in Portland, Oregon, NuScale Power Corporation is at the forefront of developing and commercializing small modular reactor (SMR) technology. As a subsidiary of Fluor Enterprises, Inc., NuScale leverages Fluor's extensive engineering and construction expertise to bring its innovative nuclear power solutions to market. The company's core offering is the NuScale Power Module (NPM), a pressurized water reactor capable of generating 77 megawatts of electricity (MWe). These modules can be combined to create scalable power plants, such as the VOYGR series, including the VOYGR-12 (924 MWe), VOYGR-4, and VOYGR-6 configurations, tailored to meet diverse customer needs. NuScale's technology is designed to provide a reliable, carbon-free energy source for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. The company aims to address the growing demand for clean and flexible energy solutions while enhancing safety and reducing the environmental impact of nuclear power. NuScale's modular approach allows for easier construction, reduced capital costs, and enhanced operational flexibility compared to traditional large-scale nuclear plants.
What They Do
- Develops small modular reactor (SMR) nuclear power plants.
- Offers the NuScale Power Module (NPM), a 77 MWe water reactor.
- Provides VOYGR power plants in various configurations (VOYGR-12, VOYGR-4, VOYGR-6).
- Supplies energy for electrical generation.
- Supports district heating and desalination applications.
- Enables hydrogen production and other process heat applications.
- Offers a cleaner and safer alternative to traditional nuclear power plants.
Business Model
- Sells NuScale Power Modules (NPMs) and VOYGR power plants to utilities and other energy providers.
- Generates revenue through engineering, procurement, and construction (EPC) contracts.
- Provides ongoing maintenance and support services for its power plants.
- Explores opportunities for licensing its technology to other companies.
Industry Context
NuScale Power operates within the renewable utilities industry, which is experiencing significant growth due to increasing global demand for clean energy. The market for small modular reactors (SMRs) is projected to grow substantially as countries seek to reduce carbon emissions and enhance energy security. NuScale's SMR technology offers a competitive advantage over traditional nuclear power plants due to its scalability, lower capital costs, and enhanced safety features. Competitors in the renewable energy sector include companies like AES, BEP, BIP, EMA and EVRG, which are focused on various renewable energy sources such as solar, wind, and hydro. NuScale differentiates itself by offering a nuclear-based solution that provides a reliable and dispatchable source of clean energy.
Key Customers
- Utilities seeking to diversify their energy sources and reduce carbon emissions.
- Industrial companies requiring reliable and carbon-free process heat.
- Municipalities and communities looking for distributed energy solutions.
- Government agencies supporting the development and deployment of clean energy technologies.
Financials
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $8M | -$273M | $0.00 |
| Q2 2025 | $8M | -$18M | $0.00 |
| Q1 2025 | $13M | -$14M | $0.00 |
| Q4 2024 | $34M | -$75M | $0.00 |
Source: Company filings
Chart & Info
Price Chart
NuScale Power Corporation (SMR) stock price: $14.17 (-0.14, -0.98%)
Why Bull
- •Recent insider buying suggests those in the know see long-term value, potentially signaling confidence in NuScale's technology and future prospects.
- •The community buzz around SMR is increasingly optimistic, especially regarding its potential role in addressing climate change and energy independence.
- •NuScale is gaining traction as a key player in the small modular reactor space, positioning them favorably as the demand for cleaner energy solutions grows.
- •Positive shifts in market perception indicate a growing belief in NuScale's ability to execute its projects and secure future contracts.
Why Bear
- •Skepticism persists among some investors regarding the scalability and cost-effectiveness of NuScale's technology compared to traditional energy sources.
- •Community sentiment reveals concerns about potential regulatory hurdles and delays in project approvals, creating uncertainty about NuScale's timeline.
- •The market is closely watching NuScale's ability to secure financing and partnerships to support its ambitious projects, raising questions about its long-term financial stability.
- •Recent market developments suggest increased competition in the SMR sector, potentially impacting NuScale's market share and profitability.
Latest News
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Technical Analysis
Rationale
AI-generated technical analysis for SMR including trend direction, momentum, and pattern recognition.
What to Watch
Key support and resistance levels, volume signals, and upcoming events.
Risk Management
Position sizing, stop-loss levels, and risk-reward assessment.
Community
Discussion
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Sentiment
Community sentiment and discussion activity for SMR.
Make a Prediction
Set your price target for NuScale Power Corporation (SMR), choose a timeframe, and track your prediction accuracy.
Current price: $14.17 · Analyst target: $30.75
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for SMR.
Price Targets
Consensus target: $30.75
Insider Flow (30d)
MoonshotScore
Score Factors
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Revenue Growth 8/100
Revenue grew 62.4% YoY, showing strong top-line momentum well above industry average.
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Gross Margin 10/100
Gross margin of 66.8% shows excellent pricing power and a strong competitive moat.
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Operating Leverage 6/100
Revenue growth is driving operating leverage, meaning profits can grow faster than costs.
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Cash Runway 5/100
Cash position data is currently unavailable for this company.
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R&D Intensity 5/100
R&D spending data is currently unavailable for this company.
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Insider Activity 6/100
No significant insider buying or selling recently, which is neutral for the stock outlook.
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Short Interest 5/100
Float and volume data unavailable for liquidity analysis.
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Price Momentum 0/100
No bullish technical signals detected. The stock lacks upward price momentum currently.
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News Sentiment 5/100
No sentiment data available
What does this score mean?
The MoonshotScore rates SMR's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Competitors & Peers
Latest News
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Frequently Asked Questions
What does NuScale Power Corporation do?
NuScale Power Corporation specializes in the development and deployment of small modular reactor (SMR) nuclear power plants. The company's core product is the NuScale Power Module (NPM), a 77 MWe pressurized water reactor that can be combined to create scalable power plants. NuScale's technology provides a clean, reliable, and flexible energy source for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. The company aims to address the growing demand for carbon-free energy solutions while enhancing safety and reducing the environmental impact of nuclear power.
Is SMR stock a good buy?
SMR stock presents a high-risk, high-reward investment opportunity. The company's innovative SMR technology and potential to disrupt the nuclear energy market are compelling factors. However, investors should consider the company's negative profit margins, reliance on external funding, and the long lead times associated with nuclear power plant construction. Successful deployment of its first commercial plant and expansion into new markets are key catalysts that could drive significant value creation. A balanced approach considering both the potential upside and the inherent risks is essential.
What are the main risks for SMR?
The main risks for NuScale Power Corporation include delays in project development and regulatory approvals, which can significantly impact the company's timeline and financial performance. Cost overruns and financing challenges are also significant risks, given the high capital costs associated with nuclear power plant construction. Competition from other renewable energy sources, such as solar and wind, poses a threat to NuScale's market share. Public perception and concerns about nuclear safety remain ongoing challenges that could affect the company's ability to secure projects and operate its plants.
Is SMR a good stock to buy?
Whether SMR is a good investment depends on your financial goals, risk tolerance, and investment horizon. Key factors to evaluate include the company's revenue growth trajectory, profit margins, debt-to-equity ratio, competitive moat, and valuation multiples (P/E, P/S, EV/EBITDA) relative to industry peers. Our AI-generated Investment Thesis and SWOT analysis on this page provide a data-driven starting point. Always do your own research and consider consulting a financial advisor before making investment decisions.
What is the SMR MoonshotScore?
The MoonshotScore for SMR is an AI-powered rating from 0 to 100 that evaluates a stock across four dimensions: growth potential (revenue and earnings trajectory), financial health (balance sheet strength, cash flow), market momentum (price trends, volume patterns, institutional flows), and risk factors (volatility, debt levels, sector headwinds). Scores above 70 indicate strong potential, 50-70 moderate, and below 50 suggests caution. The score is recalculated daily using the latest financial data and market signals.
How often is SMR data updated?
SMR stock prices are updated in real-time during U.S. market hours (9:30 AM - 4:00 PM ET, Monday through Friday). After-hours and pre-market prices are also tracked. Company fundamentals (earnings, revenue, balance sheet) are refreshed when new quarterly or annual reports are filed. Analyst ratings, price targets, and AI-generated insights are updated daily. Breaking news related to SMR is aggregated continuously from premium financial news sources throughout the day.
What are the growth catalysts for SMR?
Growth catalysts for NuScale Power Corporation (SMR) can include several categories: product catalysts (new launches, FDA approvals, patent grants), financial catalysts (earnings beats, margin expansion, share buybacks), strategic catalysts (acquisitions, partnerships, market expansion into new regions), and macro catalysts (favorable regulation, industry tailwinds, secular growth trends). Our AI analyzes NuScale Power Corporation's specific catalysts using earnings transcripts, SEC filings, and news sentiment to identify the most impactful near-term and long-term drivers.
Who are SMR's main competitors?
NuScale Power Corporation (SMR) competes with companies in its industry that target similar customers, markets, or product categories. Competitor analysis involves comparing key metrics: market share, revenue growth rates, profit margins, R&D spending, and valuation multiples. Understanding competitive positioning helps investors assess whether SMR has a sustainable competitive advantage (moat) through brand strength, network effects, cost leadership, or switching costs. Our Competitors section provides a side-by-side comparison with relevant peers.
What do analysts say about SMR?
Wall Street analyst coverage for SMR includes consensus ratings (buy, hold, or sell), 12-month price targets, and earnings estimates. Analyst opinions are aggregated from major investment banks and research firms. Key metrics to watch include the consensus price target (average, high, and low estimates), the number of analysts covering the stock, any recent rating changes (upgrades or downgrades), and how actual earnings compare to analyst estimates (beat or miss history). Our platform aggregates these from multiple data providers for a comprehensive view.
What is SMR's market cap?
Market capitalization (market cap) for SMR is calculated by multiplying the current share price by the total number of outstanding shares. It represents the market's total valuation of the company. Stocks are typically categorized as mega-cap ($200B+), large-cap ($10B-$200B), mid-cap ($2B-$10B), small-cap ($300M-$2B), or micro-cap (under $300M). Market cap influences index inclusion, institutional ownership eligibility, and risk profile. Our Key Statistics section shows SMR's current market cap alongside enterprise value and other valuation metrics.
How has SMR stock performed recently?
SMR's recent stock performance can be evaluated across multiple timeframes: daily price changes, week-over-week momentum, monthly trends, and year-to-date returns. Important performance indicators include the stock's 52-week high and low, moving averages (50-day and 200-day SMA), relative strength index (RSI), and volume trends. Comparing SMR's performance against its sector index and the S&P 500 provides context on whether it is outperforming or underperforming the broader market.
What are the risks of investing in SMR?
Key risk categories for SMR include: market risk (overall market downturns affecting stock prices), company-specific risk (management changes, product failures, competitive threats), financial risk (high debt levels, cash burn, dilution from stock issuance), regulatory risk (government policy changes, lawsuits, compliance issues), and macroeconomic risk (interest rate changes, inflation, currency fluctuations). Beta measures SMR's volatility relative to the market - a beta above 1.0 means higher volatility than the S&P 500. Our AI-generated risk assessment identifies the most relevant risk factors for this specific stock.
Are insiders buying or selling SMR?
Insider trading activity for SMR tracks purchases and sales by company executives, directors, and major shareholders (10%+ owners) as reported in SEC Form 4 filings. Insider buying is generally considered a bullish signal because insiders have the deepest knowledge of company operations, while selling may have various motivations (diversification, tax planning, pre-planned 10b5-1 trading plans). Key metrics include the buy-to-sell ratio, total dollar value of insider transactions, and whether multiple insiders are trading in the same direction. Our Insider Flow tab shows recent transactions with dates and dollar amounts.
Is SMR a good stock for beginners?
NuScale Power Corporation (SMR) can be suitable for beginner investors depending on several factors. Look at the MoonshotScore on this page for an overall AI-powered assessment of growth potential and risk. Beginners should also check the company's market cap (larger companies tend to be less volatile), gross margin (higher margins mean stronger business fundamentals), and cash position (healthy cash reduces bankruptcy risk). Always start with a small position size and never invest money you cannot afford to lose.
How risky is SMR for first-time investors?
Every stock carries risk, including NuScale Power Corporation (SMR). First-time investors should review the Risk Factors section on this page for company-specific risks. Key risk indicators include price volatility (check the chart for daily swings), insider selling activity (see Insider Flow tab), and cash runway (see MoonshotScore breakdown). A diversified portfolio with an index fund like the S&P 500 as a core holding is generally recommended before adding individual stocks like SMR.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Data provided for informational purposes only.
- Financial data based on the most recent available information.
- Future performance is subject to regulatory approvals and market conditions.
- This analysis is for informational purposes only and does not constitute investment advice.