NuScale Power (SMR) Stock Is Down 83% From Its High โ Analysts Weigh In
TLDR
- NuScale stock has fallen 83% from its 52-week high of $57, now trading around $9.70
- Revenue collapsed 99.1% year-over-year to just $0.07 million last quarter
- The company has no firm first sale and lost longtime shareholder Fluor
- A $750 million share sale threatens further dilution for existing investors
- Analysts hold a consensus โHoldโ rating with an average price target of $13.50
NuScale Power (SMR) is trading around $9.70, down roughly 83% from its 52-week high of $57.42. Despite the steep drop, the company still carries a market cap of around $4 billion, putting it in mid-cap territory for a business with almost no revenue.
NuScale Power Corporation, SMR
Last quarter, NuScale reported just $0.07 million in revenue, a 99.1% drop from the same period a year ago. The company missed analyst revenue estimates of $8.80 million by a wide margin, though it did match EPS expectations with a loss of $0.13 per share.
The revenue miss isnโt the only thing weighing on investors. NuScale has no firm first sale for its small modular reactor technology, which means its commercial future remains unproven.
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