Latest news with #NuScalePower
Yahoo
12 hours ago
- Business
- Yahoo
Why Did NuScale Power Stock Drop Today?
Key Points NuScale missed analyst forecasts for Q2 revenue and reported a quarterly loss. Both these results were to be expected. NuScale burned cash -- also expected -- but has nearly five years' worth of cash reserves remaining. 10 stocks we like better than NuScale Power › Nuclear power start-up stock NuScale Power (NYSE: SMR) disappointed investors with its second-quarter financial report last night, and the stock is down 8.2% through 12:15 p.m. Friday. Heading into the report, analysts forecast NuScale would generate about $11.7 million in revenue but remain unprofitable. Actual revenue was only $8.1 million, however, and NuScale lost $0.13 per share. NuScale Power Q2 earnings NuScale doesn't actually have any reactors yet, so it wasn't expected to report any earnings. Revenue was weaker than analysts had hoped, but really, neither revenue nor profit was actually top of mind for NuScale investors this week. Cash burn is more of a concern, and NuScale is burning cash, with $56.1 million consumed so far in the first half of 2025. Still, this was less cash than NuScale burned in the first half of 2024, so arguably good news for the stock -- especially with NuScale reminding that it ended the quarter with "cash, cash equivalents, and short- and long-term investments of $489.9 million." That's enough cash to keep NuScale in business for nearly five more years at its current cash-burn rate. Sell NuScale stock after earnings? So why are investors selling NuScale stock today? That's hard to say. The lack of any major new announcements in the earnings press release -- something to keep the momentum going -- is probably one factor. Lingering concern that Fluor might begin selling NuScale shares and flood the market after converting 15 million Class B NuScale shares into Class A shares that can be traded is probably another. Ultimately, though, NuScale remains a speculative investment, the success of which will depend on its ability to build and market small modular reactors to customers years down the line. In that context, yesterday's earnings didn't matter much at all. Should you buy stock in NuScale Power right now? Before you buy stock in NuScale Power, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and NuScale Power wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,563!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,108,033!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool recommends NuScale Power. The Motley Fool has a disclosure policy. Why Did NuScale Power Stock Drop Today? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
a day ago
- Business
- Business Insider
Canaccord Genuity Reaffirms Their Buy Rating on NuScale Power (SMR)
Canaccord Genuity analyst George Gianarikas maintained a Buy rating on NuScale Power today and set a price target of $44.00. The company's shares closed today at $39.35. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Gianarikas is a 4-star analyst with an average return of 9.6% and a 41.67% success rate. Gianarikas covers the Industrials sector, focusing on stocks such as NuScale Power, Surf Air Mobility, Inc., and Enovix. In addition to Canaccord Genuity, NuScale Power also received a Buy from Craig-Hallum's Eric Stine in a report issued yesterday. However, today, Northland Securities maintained a Hold rating on NuScale Power (NYSE: SMR). SMR market cap is currently $13.06B and has a P/E ratio of -32.68. Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SMR in relation to earlier this year. Most recently, in June 2025, Hamady Robert Ramsey, the CFO of SMR sold 69,984.00 shares for a total of $2,246,486.40.
Globe and Mail
5 days ago
- Business
- Globe and Mail
Should You Buy, Sell, or Hold NuScale Power Stock Before Q2 Earnings?
NuScale Power SMR is scheduled to release second-quarter 2025 results on Aug. 7. The Zacks Consensus Estimate for second-quarter revenues is currently pegged at $9.07 million, indicating an 834.54% increase from the year-ago quarter's levels. For the second quarter of 2025, the Zacks Consensus Estimate for a loss is pegged at 12 cents per share, which has widened by a penny over the past 30 days, indicating a year-over-year increase of 61.29%. Let us see how things have shaped up for the upcoming announcement. NuScale Power Corporation Price and EPS Surprise NuScale Power Corporation price-eps-surprise | NuScale Power Corporation Quote Key Factors to Consider for NuScale Power NuScale Power's second-quarter performance is likely to have benefited from strong demand for electricity supporting AI-driven data centers and the global push toward clean energy solutions. SMR remains focused on a series of strategic initiatives aimed at aligning internal resources with its primary objective of moving toward commercialization and securing revenue-generating contracts. NuScale Power has made significant strides in the manufacturing and commercialization of its Small Modular Reactor (SMR) technology, including progress with key partners such as Doosan Interability and ENTRA1 Energy, which is expected to further solidify its position in the market. NuScale Power's collaboration with ENTRA1 Energy continues to gain momentum. The partnership's commercial structure is designed to mitigate risks and align with customer requirements around scalability, availability, and reliability. These key factors remain central to SMR deployment success in the to-be-reported quarter. SMR Shares Outperform Sector, Industry NuScale Power shares have surged 142% in the year-to-date period, outperforming the Zacks Computer & Technology sector's return of 9.2% and the Zacks Electronics- Power Generation industry's rise of 140.1%. The company's shares have also outperformed its closest peer, which includes BWX Technologies BWXT. In the year-to-date period, BWX Technologies shares have returned 28.8%. SMR Stock's Performance Image Source: Zacks Investment Research SMR Stock is Overvalued NuScale Power shares are currently overvalued, as suggested by its Value Score of F. In terms of the forward 12-month price/sales (P/S), SMR is trading at 106.79X, significantly higher than the Zacks Computer and Technology sector's 6.56X and BWX Technologies' 4.40X. SMR Valuation SMR Benefits From Growing Data Center Needs NuScale Power is gaining strong momentum across various sectors, particularly as energy demand continues to rise. The increasing energy demand, driven by sectors like data centers, which require continuous, reliable, and carbon-free energy, has been a major growth driver. Data centers are expected to triple their energy use over the next three years, accounting for 12% of U.S. electricity consumption by 2028. This growth trend presents a significant opportunity for NuScale Power, as its SMR technology offers consistent, carbon-free energy that can meet the increasing demands of hyperscale data centers. SMR Benefits From Tech Giants' Commitment to Nuclear Energy NuScale Power continues to attract strong interest from major technology companies and infrastructure capital. Companies like Meta Platforms, Microsoft, Alphabet, and Oracle ORCL have made substantial commitments to using nuclear energy, including SMR technology, to meet their sustainability goals, which positively impacts NuScale Power's market positioning. Companies like Google and Oracle are also showing interest in using SMR technology for large-scale data centers, reinforcing the growing trend toward nuclear solutions for energy-intensive tech operations. As Alphabet, META Platforms, Microsoft, and Oracle align their energy strategies with sustainable nuclear options, the demand for SMR technology continues to gain momentum, positioning NuScale Power at the forefront of this emerging energy market. SMR Suffers From Stiff Competition Despite NuScale Power's advancements in SMR technology and expanding partner base, the company is facing stiff competition in the SMR sector of the nuclear energy industry from companies like Oklo OKLO and BWX Technologies. In May 2025, OKLO signed a memorandum of understanding with Korea Hydro & Nuclear Power to collaborate on the development and global deployment of its advanced nuclear technology. This partnership aims to jointly advance the design and verification of Oklo's Aurora powerhouse and cooperate on early project development efforts. OKLO's shares have surged 260% in the year-to-date period. Conclusion: Hold SMR Stock for Now NuScale Power's advancements in SMR technology, along with its growing partnerships with tech giants and financial institutions, position it as a key player in the future of sustainable, carbon-free energy. However, despite these innovations and collaborations, the company faces challenges in the highly competitive energy market, which includes the growing presence of renewable energy sources and regulatory hurdles. These factors could affect NuScale Power's market positioning, despite its technological edge. SMR's stretched valuation is also a concern. NuScale Power currently has a Zacks Rank #3 (Hold), which implies that investors should wait for a more favorable entry point to accumulate the stock. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BWX Technologies, Inc. (BWXT): Free Stock Analysis Report Oklo Inc. (OKLO): Free Stock Analysis Report
Yahoo
02-08-2025
- Business
- Yahoo
Should You Buy NuScale Power While It's Below $60?
Key Points It's developing Small Modular Reactor (SMR) technology, offering a scalable and cost-effective energy. Global power demand is projected to surge 165%, particularly from data centers, by the end of the decade. NuScale is the first company to receive Standard Design Approval from the U.S. government for its SMR. 10 stocks we like better than NuScale Power › Artificial intelligence (AI) is a massively transformative technology, but powering these algorithms requires a substantial amount of energy. According to Goldman Sachs, global power demand from data centers is expected to increase by as much as 165% by the end of the decade. With energy demand expected to surge and a growing desire for scalable, carbon-free solutions, nuclear energy is re-emerging as an attractive option. The U.S. government has committed billions to revitalizing its nuclear infrastructure, from funding small modular reactors (SMRs) to streamlining regulatory pathways in pursuit of energy independence and climate resilience. NuScale Power (NYSE: SMR) is one company developing this SMR technology and the only one to have an approved design in the U.S. today. It could play a key role in powering tomorrow's algorithms, but achieving scalable commercial operations will take several years. If you're considering investing in NuScale, here's what to watch for from here. How NuScale can upgrade independent energy generation At the core of the business is the NuScale Power Module, a small modular reactor that can generate 77 megawatts of electricity (MWe) per module. The technology aims to deliver scalable, cost-effective, reliable power that is also carbon-free. The simple design of its technology eliminates the need for reactor coolant circulating pumps, large-bore piping, and other complex components typically found in conventional large-scale nuclear reactors, which, in turn, improves safety and reduces capital and operational costs. What makes it appealing to data center operators, industrial facilities, and other prospective customers is that its modular design can scale from one to 12 modules in a single installation, providing up to 924 MWe. This can also allow customers to start with a smaller initial investment and increase their capacity over time. NuScale's first-mover advantage NuScale enjoys a first-mover advantage, as it's the first and only company to receive Standard Design Approval from the U.S. Nuclear Regulatory Commission for its small modular reactor technology. The company had received certification for its 50 MWe module a few years ago and recently received its certification for its 77 MWe design. Getting this regulatory head start could be a considerable advantage for NuScale in an industry where approvals can take years. NuScale is well-positioned to meet the accelerating demand for energy across various sectors, particularly from data centers and artificial intelligence (AI) operations that require 24/7 baseload power. Data centers are projected to triple their energy use within the next three years, potentially accounting for 12% of U.S. electricity consumption by 2028. Notable tech companies, such as Microsoft and Meta Platforms, are planning significant investments in AI-enabled data centers and are actively seeking substantial amounts of new nuclear power. Why investing in NuScale requires patience While NuScale could benefit from the resurgence of nuclear energy, investors should consider the potential risks. For one, cost overruns previously derailed its flagship Carbon Free Power Project (CFPP) with Utah Associated Municipal Power Systems (UAMPS). The project was terminated in 2023 after NuScale faced numerous cost overruns, which had grown to three times the initially agreed-upon cost estimates from 2018. UAMPS pulled the plug on it in 2023. The termination of the CFPP was a significant setback, as it was NuScale's first major project and highlighted the challenges in converting early-stage agreements into firm, commercially viable deployments. Another risk is that it will take years for NuScale to achieve commercial viability. NuScale currently has an active project in Romania (RoPower) where it plans to convert a former coal site plan into an SMR power plant. As part of this project, RoPower is considering a six-module plant with a capacity of 462 MWe. NuScale expects the plant to become operational as early as 2029. The RoPower project is a primary source of NuScale's current cash flow, generating revenue of $34 million in Q4 and an additional $13 million in Q1, primarily through engineering, licensing, and other service fees. The plant lays out the groundwork for commercializing its technology but also illustrates the long time horizon it will take for SMR technology to become operational. Is NuScale a buy today? NuScale Power is an interesting company developing innovative technology that will help meet the growing energy demands of tomorrow's data centers. The stock has benefited from the positive narrative surrounding nuclear energy, rising 373% over the past year. Analysts project $467 million in sales by 2028, which gives NuScale a lofty valuation of 23 times those projected sales three years out. The company has a first-mover advantage, which makes it an attractive prospect to watch, especially as nuclear energy undergoes a revitalization. However, a long road ahead awaits, and I think investors are better off watching and waiting to see how its story unfolds, given its current valuation. Do the experts think NuScale Power is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did NuScale Power make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,049% vs. just 182% for the S&P — that is beating the market by 867.25%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $638,629!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,098,838!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Courtney Carlsen has positions in Microsoft. The Motley Fool has positions in and recommends Goldman Sachs Group, Meta Platforms, and Microsoft. The Motley Fool recommends NuScale Power and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Should You Buy NuScale Power While It's Below $60? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-08-2025
- Business
- Yahoo
Why Oklo Stock Dropped Today
Key Points Fluor is taking steps that could permit it to sell a large chunk of its stake in NuScale Power. Investors in NuScale rival Oklo may be taking a cue from Fluor's action. Both nuclear start-ups have seen their share prices soar this year, and large sums of "paper profit" are now at risk. 10 stocks we like better than Oklo › Shares of Oklo (NYSE: OKLO), one of a handful of start-up nuclear companies aiming to commercialize small modular reactors, slid 4% through 12:25 p.m. ET Friday -- and not because of anything Oklo did wrong. Instead, Oklo is falling because of something Fluor (NYSE: FLR) did right. Fluor gets ready to cash in Nuclear engineering powerhouse Fluor announced this morning that, in order to cut down on "volatility" in its earnings results, which have skyrocketed on required "pre-tax mark-to-market gains" in the value of the stock it owns in NuScale Power (NYSE: SMR), Fluor will convert 15 million of its Class B NuScale shares into Class A shares... that it can then sell. The less NuScale Fluor owns, the less volatile its earnings numbers will look. And the more NuScale stock Fluor then sells, the more NuScale profits it can lock in and convert to cash. Is it time to sell Oklo stock? So why is this bad news for Oklo, which isn't involved in Fluor's transactions? Simply for this reason: Oklo investors are watching Fluor take the first steps toward selling off a lot of its stake in NuScale, and they're probably wondering if Fluor has decided to "take profits" on its NuScale investment -- and whether they should do similarly. That's a fair question to ask. NuScale stock, after all, has gained an astounding 485% over the past year. But the 835% gain of Oklo stock over the past year makes NuScale's gains look almost modest. Neither company earns any profit to justify its high stock price, moreover, nor is either NuScale nor Oklo expected to become profitable for years. Given all this, selling some NuScale stock now seems a prudent decision for Fluor... and selling some Oklo stock right now might be a good idea for you, too. Should you buy stock in Oklo right now? Before you buy stock in Oklo, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Oklo wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $625,254!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,090,257!* Now, it's worth noting Stock Advisor's total average return is 1,036% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool recommends NuScale Power. The Motley Fool has a disclosure policy. Why Oklo Stock Dropped Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
