NuScale Power Slides as Losses Grow and Targets Fall

NuScale Power ( (SMR) ) has fallen by -7.70%. Read on to learn why.

NuScale Power shares slipped 7.70% over the past week, as investors digested a mix of negative earnings news and shifting analyst sentiment. The nuclear technology company, known for its small modular reactor (SMR) solutions, has seen its stock move lower despite occasional intraday rebounds and “moderately bullish” options activity, where calls have consistently outpaced puts and implied volatility sits in the lower end of its yearly range. This options backdrop suggests traders are cautious but not outright bearish, even as the share price has trended down.

A key driver behind the decline is NuScale Power’s recent large GAAP net loss, which overshadowed its revenue growth and cast fresh doubt on the near‑term path to profitability and positive cash flow. Negative insider sentiment, including insider selling, has further weighed on confidence and reinforced a “Sell” technical signal, even though the company still boasts strong year‑over‑year revenue gains and a strategic foothold in the fast‑developing SMR market. Spark, TipRanks’ AI analyst, currently rates the stock Neutral, reflecting this tug‑of‑war between growth potential and financial strain.

Analysts have responded by trimming their expectations: Goldman Sachs cut its price target on NuScale Power from $27 to $23 while maintaining a Neutral rating, and Citi has previously slashed its target to $18.50 from $37.50. At the corporate level, shareholders recently approved an increase in the number of authorized shares, giving NuScale more flexibility to fund future growth, but also raising the risk of dilution in the eyes of some investors. Together, these factors—earnings losses, insider selling, lowered price targets, and share‑count expansion—help explain why NuScale Power stock has slid 7.70% this week despite ongoing interest in its long‑term nuclear energy story.