Easy come, easier go. Yesterday, shares of small modular (nuclear) reactor builder NuScale Power Corporation (SMR -36.39%) soared 29% on the back of a price-target hike from analysts at Canaccord Genuity.Today, though, a different investment bank -- Wells Fargo -- pointed out how crazy that momentum rally looked. Now, NuScale stock is dropping 33% as of 11:45 a.m. ET.What Wells Fargo saidNuScale stock had already tripled this year, as Wells Fargo points out today in a note on StreetInsider.com. The fact tha ...

NuScale Power (NYSE:SMR) stock is up a staggering 29% today after Canaccord Genuity analysts raised its price target to $8 per share from $4.25. Indeed, with today’s gains, NuScale’s rally only continues from its promising fourth-quarter earnings report last week. NuScale has enjoyed plenty of Wall Street love following its earnings report last week. Despite the nuclear reactor company missing earnings per share (EPS) estimates, reporting an EPS loss of -25 cents per share, compared to analyst estimates of ...

The green energy revolution tends to revolve around certain clean energy types. Most notably, wind, solar and battery technology continues to improve, and that’s where most investors continue to focus most intently on. However, shares of NuScale Power (NASDAQ:SMR) are gaining attention today. SMR stock is surging more than 25% on very heavy volume. This nuclear power company is seeing a singificant uptick in interest around a key announcement tied to an upcoming project in Romania.The company put forward a ...

NuScale Power (SMR 28.15%) stock went thermonuclear on Monday, soaring on the back of a price target hike from analysts at Canaccord Genuity, and adding to gains since the company reported earnings on Thursday. As of 11 a.m. ET, NuScale stock is up 26.9%.What this Wall Street analyst saidCanaccord nearly doubled its price target on NuScale stock today, to $8 per share, citing rising demand for electricity in the United States, a bigger opportunity for nuclear energy to power that growth -- and explaining th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ____________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to ____________ Commission file number 001-04321 ____________________________________ NuScale Power Corporation ____ ...

Forward-Looking Statements Factors that may cause actual results to differ materially from current expectations include, but are not limited to, general economic conditions and other risks, uncertainties and factors (a) set forth in the section entitled "Cautionary Statement Regarding Forward-Looking Statements and Risk Factors"" in the Company's annual report on Form 10-K for the period ended December 31, 2023, the Form S-1 filed on March 20, 2023 and declared effective on March 23, 2023, the Registration ...

NuScale Power (SMR 11.29%) is on a roll, heating up 15.8% through 11 a.m. ET on Monday -- its third straight trading day of gains, after announcing plans this morning to participate in several institutional investor conferences over the next couple of months.A coincidence in timing?NuScale hasn't called these conferences itself. Two will be hosted by investment banks UBS and Bank of America, respectively, and the third by the NYSE. NuScale will be just one of many companies participating. There's no guarant ...

PORTLAND, Ore.--(BUSINESS WIRE)--NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to participate in several institutional investor conferences in March and April 2024. Attendance at these conferences is by invitation only for clients of each respective firm. Interested investors should contact their respective sales representative to register and, for one-on-o ...

PORTLAND, Ore.--(BUSINESS WIRE)--NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced it will host a conference call to review fourth quarter and full year 2023 results on Thursday, March 14, 2024, at 5:00 p.m. ET. Financial results will be released after market close that day. The conference call may be accessed by dialing (888) 550-5460 with conference ID 4347254 or by visiting the Events & Pr ...

SAN DIEGO, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of NuScale Power Corporation (NYSE:SMR) securities between March 15, 2023 and November 8, 2023, all dates inclusive (the "Class Period"), have until this Tuesday, January 16, 2024 to seek appointment as lead plaintiff of the NuScale class action lawsuit. Captioned Sigman v. NuScale Power Corporation, No. 23-cv-01689 (D. Or.), the NuScale class action lawsuit charges NuScale as well as certain ...