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NuScale Power Corporation logo

NuScale Power Corporation

SMR

NYSEIndustrialsElectrical Equipment & Parts

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Latest quote

$9.175

−$0.215 · -2.29%

Aug 24, 12:45 PM ET

SMR company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

24

Expensive

Momentum

19

Strong Down

Sentiment

69

Bullish

Risk resilience

25

High Risk

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Company profile

Company website

NuScale Power Corporation provides proprietary and innovative small modular reactor (SMR) nuclear technology. The company's mission is to help power the global energy transition by delivering safe, scalable, and reliable carbon-free energy. Its primary products are its VOYGR SMR plants which utilize NuScale Power Modules (NPM), a light water nuclear reactor that can generate 77 megawatts of electricity.

Industry
Electrical Equipment & Parts
Sector
Industrials
Headquarters
US
CEO
John Lawrence Hopkins
Listed since
Mar 1, 2022
Employees
428

Market position

Volume
25.21M
0.74× average
Average volume
34.2M
Average daily volume
Market cap
2.74B USD
Beta
2.31
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.33B USD
P/E (TTM)
-3.57×
P/B (TTM)
0.73×
P/S (TTM)
256.2×
EV / EBITDA
-6.53×
Earnings yield
-15.34%
Free cash flow yield
-19.83%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
21.07%
Operating margin
-6853.97%
Net margin
-3888.70%
Return on equity
-30.44%
Return on assets
-25.19%
Return on invested capital
-61.76%

Financial health

Debt / equity
0×
Current ratio
4.3×
Altman Z-score
46.28
Piotroski F-score
1 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends704%-1766%-4237%-6708%Gross margin, FY2021: 38.16%Gross margin, FY2022: 38.01%Gross margin, FY2023: 16.87%Gross margin, FY2024: 86.67%Gross margin, FY2025: 36.31%Operating margin, FY2021: -6090.15%Operating margin, FY2022: -1948.45%Operating margin, FY2023: -1208.09%Operating margin, FY2024: -374.48%Operating margin, FY2025: -2190.57%Net margin, FY2021: -3581.17%Net margin, FY2022: -483.47%Net margin, FY2023: -255.86%Net margin, FY2024: -368.80%Net margin, FY2025: -1130.26%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 38.16%. Gross margin FY2022 38.01%. Gross margin FY2023 16.87%. Gross margin FY2024 86.67%. Gross margin FY2025 36.31%. Operating margin FY2021 -6090.15%. Operating margin FY2022 -1948.45%. Operating margin FY2023 -1208.09%. Operating margin FY2024 -374.48%. Operating margin FY2025 -2190.57%. Net margin FY2021 -3581.17%. Net margin FY2022 -483.47%. Net margin FY2023 -255.86%. Net margin FY2024 -368.80%. Net margin FY2025 -1130.26%.

Income trends

Revenue

31.48M USD-15.02%

Operating income

−689.57M USD-397.08%

Net income

−355.79M USD-160.42%
Income trends across reported periods109.71M USD−180.94M USD−471.59M USD−762.23M USDRevenue, FY2021: 2.86M USDRevenue, FY2022: 11.8M USDRevenue, FY2023: 22.81M USDRevenue, FY2024: 37.05M USDRevenue, FY2025: 31.48M USDOperating income, FY2021: −174.3M USDOperating income, FY2022: −230M USDOperating income, FY2023: −275.57M USDOperating income, FY2024: −138.73M USDOperating income, FY2025: −689.57M USDNet income, FY2021: −102.49M USDNet income, FY2022: −57.07M USDNet income, FY2023: −58.36M USDNet income, FY2024: −136.62M USDNet income, FY2025: −355.79M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.86M USD. Revenue FY2022 11.8M USD. Revenue FY2023 22.81M USD. Revenue FY2024 37.05M USD. Revenue FY2025 31.48M USD. Operating income FY2021 −174.3M USD. Operating income FY2022 −230M USD. Operating income FY2023 −275.57M USD. Operating income FY2024 −138.73M USD. Operating income FY2025 −689.57M USD. Net income FY2021 −102.49M USD. Net income FY2022 −57.07M USD. Net income FY2023 −58.36M USD. Net income FY2024 −136.62M USD. Net income FY2025 −355.79M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue31.48M USD37.05M USD22.81M USD11.8M USD2.86M USD
Cost of goods sold20.05M USD4.94M USD18.96M USD7.32M USD1.77M USD
Gross profit11.43M USD32.11M USD3.85M USD4.49M USD1.09M USD
Research and development45.53M USD46.82M USD156.05M USD127.66M USD94.39M USD
Selling, general, and administrative113.27M USD82.96M USD75.13M USD60.93M USD41.91M USD
Operating expenses701M USD170.83M USD279.41M USD234.48M USD175.39M USD
Interest income25.3M USD8.39M USD10.79M USD3.76M USD—
Interest expense————1.72M USD
Depreciation and amortization1.18M USD1.84M USD2.56M USD2.7M USD2.2M USD
Operating income−689.57M USD−138.73M USD−275.57M USD−230M USD−174.3M USD
Net income−355.79M USD−136.62M USD−58.36M USD−57.07M USD−102.49M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
27%
3 beats, 7 misses, 1 met estimate
Average EPS surprise
-88.02%
11 comparable reports
Latest EPS result
-0.13
Estimate -0.13 · Beat by 0.24%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.8-0.15-1.1-2.05Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 3, 2025: actual 0.6, estimate -0.11, surprise +645.45%, Beat. Q2 2025, reported May 12, 2025: actual -0.11, estimate -0.132, surprise +16.48%, Beat. Q3 2025, reported Aug 7, 2025: actual -0.13, estimate -0.12, surprise -8.33%, Miss. Q4 2025, reported Nov 6, 2025: actual -1.85, estimate -0.14, surprise -1225.03%, Miss. Q1 2026, reported Feb 26, 2026: actual -0.21, estimate -0.1, surprise -110.00%, Miss. Q2 2026, reported May 7, 2026: actual -0.14, estimate -0.11, surprise -27.27%, Miss. Q3 2026, reported Aug 5, 2026: actual -0.13, estimate -0.13, surprise +0.24%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate -0.11, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates36.96M24.66M12.36M63.75KQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 3, 2025: actual 34.22M USD, estimate 2.31M USD, surprise +1382.89%, Beat. Q2 2025, reported May 12, 2025: actual 13.38M USD, estimate 3.26M USD, surprise +310.76%, Beat. Q3 2025, reported Aug 7, 2025: actual 8.05M USD, estimate 11.66M USD, surprise -30.91%, Miss. Q4 2025, reported Nov 6, 2025: actual 8.24M USD, estimate 11.06M USD, surprise -25.49%, Miss. Q1 2026, reported Feb 26, 2026: actual 1.81M USD, estimate 8.6M USD, surprise -78.98%, Miss. Q2 2026, reported May 7, 2026: actual 565K USD, estimate 7M USD, surprise -91.93%, Miss. Q3 2026, reported Aug 5, 2026: actual 75K USD, estimate 8.8M USD, surprise -99.15%, Miss. Q4 2026, reported Nov 5, 2026: actual —, estimate 5.43M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$12.00

30.65% upside
Past 12 months12-month forecast

Price history unavailable

High $16.00Average $12.00Low $9.00

Rating distribution

16 ratings
Strong buy00%
Buy850%
Hold531%
Sell319%
Strong sell00%

Recent analyst actions

12 institutions
Cantor FitzgeraldmaintainOverweight

SMR news

fool.com

I Love NuScale Stock for 1 Reason, and It's Not What You Think

AI companies need more power quickly. NuScale Power's biggest growth catalyst could hit this year.

Read source
seekingalpha.com

NuScale Power Stock Collapsed And It Is Now Closer To Commercialization

NuScale Power receives a speculative Buy rating at $9.44, with a five-year horizon focused on commercialization milestones. TVA remains the key growth catalyst; a definitive PPA could transform SMR's revenue trajectory…

Read source
https://thefly.com

Nuscale Power Corp call volume above normal and directionally bullish

Bullish option flow detected in Nuscale Power Corp with 36,675 calls trading, 2.0x expected, and implied vol increasing over 4 points to 81.04%. Aug-26 9.5 calls and 8/28 weekly 10 calls are the most active options, with…

Read source
247wallst.com

NuScale Power and Oklo Drop 5%, Centrus Energy Sinks 6%: What's Behind the Nuclear Stock Selloff?

Investors who remain bullish on nuclear power may want to keep their SMR, OKLO, LEU or URA positions moderate rather than assuming today's selloff marks a durable bottom.

Read source
fool.com

Nvidia Chip-Filled Data Centers Need More Power Than Any Utility Can Promise. Here's Who Actually Wins.

Modern data centers powered by advanced Nvidia chips require significantly more power compared to traditional setups. Technology companies have signed some major long-term power purchase agreements with independent power…

Read source
zacks.com

Can X-Energy's Fuel Strategy Accelerate SMR Commercialization?

XE strengthens its fuel and supply-chain capabilities with HALEU and graphite agreements as it advances the Xe-100 toward commercialization.

Read source

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ETFs holding SMR

Funds reporting this stock among their holdings, ordered by reported position size.

Global X - Uranium ETF logoGlobal X - Uranium ETFURA
Market value
187.85M
Weight
2.92%
AUM
6.42B USD
Expense ratio
0.69%
Price / 1D
$45.695-0.81%
VanEck Uranium and Nuclear ETF logoVanEck Uranium and Nuclear ETFNLR
Market value
175.44M
Weight
4.37%
AUM
4.19B USD
Expense ratio
0.52%
Price / 1D
$118.83-0.93%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
93.02M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$377.45-0.21%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
77.89M
Weight
0.10%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$298.09-0.62%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
66.99M
Weight
0.04%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$302.56-0.72%
Vanguard Morningstar Small-Cap Growth ETF logoVanguard Morningstar Small-Cap Growth ETFVBK
Market value
38.82M
Weight
0.09%
AUM
43.8B USD
Expense ratio
0.05%
Price / 1D
$354.44-1.17%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
28.41M
Weight
0.19%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$383.74-0.94%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
20.8M
Weight
0.02%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$243.46-0.85%

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