NuScale Power Shares Remain Far Below Last Year’s Peak as Commentary Questions the Timeline for Recovery

Shares of NuScale Power (NYSE:SMR), the Portland-based developer of small modular reactor technology, continue to trade at a steep discount to the highs reached last autumn, and a new commentary piece argues that a meaningful recovery is unlikely to materialize within the next few years.

The stock, which touched a 52-week high of $57.42 last October, recently changed hands at $9.70, down 0.72% from its previous close of $9.77. That places the shares roughly 81% below their peak and values the company at approximately $2.98 billion in market capitalization.

In a column published this week, one analyst predicted that the stock will not regain even half of its former peak — a level of $28.71, implying a gain of roughly 166% from recent prices — before the end of 2028. The argument is not that the shares are incapable of sharp moves: the commentary notes that the stock once jumped 15% in a single session without any company-specific news, underscoring how sentiment-driven trading in small-cap nuclear names can be.

NuScale is among the most closely watched companies in the advanced nuclear sector. Its flagship product, the NuScale Power Module, is a light water small modular reactor capable of generating 77 megawatts of electricity. The company also provides design and nuclear regulatory licensing support as it works to commercialize its technology. Classified in the industrials sector as a maker of specialty industrial machinery, NuScale sits at the intersection of manufacturing and the broader push to bring next-generation nuclear capacity online.

The gap between the stock’s October peak and its current level reflects the volatility that has characterized small modular reactor developers generally, a group whose valuations have swung with shifts in policy support, partnership announcements, and investor appetite for speculative clean-energy technologies. Commentaries like the one published this week — which represent the opinion of its author rather than the company — illustrate the range of views on how quickly, if at all, such valuations can be rebuilt.

As with any prediction about future share performance, the column’s forecast is speculative. NuScale has not issued guidance tied to its stock price, and the company’s trajectory depends on regulatory milestones, customer commitments, and construction progress that remain in flux.

Source: original release

What to watch

• NuScale’s upcoming quarterly earnings reports and any updates on commercialization timelines
• Progress on nuclear regulatory licensing and approvals for its power modules
• Announcements of new customer agreements or project partnerships
• Broader policy developments affecting federal support for advanced nuclear energy