NuScale Power's SMR Tech Gains Traction: Will It Boost Revenue?

Core Insights - NuScale Power is positioned as a key player in sustainable, carbon-free energy through advancements in Small Modular Reactor (SMR) technology [1] - The company is experiencing strong momentum due to rising energy demands, particularly from sectors like data centers [2] - Data centers are projected to triple their energy usage in the next three years, representing 12% of U.S. electricity consumption by 2028, creating significant opportunities for NuScale Power [3] - Major technology companies such as Meta Platforms, Microsoft, Alphabet, and Oracle are committing to nuclear energy, enhancing NuScale Power's market positioning [4] - NuScale Power is making progress in the manufacturing and commercialization of its SMR technology with key partners [5] Competitive Landscape - NuScale Power faces competition from companies like Oklo and BWX Technologies in the small modular reactor sector [6] - Oklo has partnered with Korea Hydro & Nuclear Power to advance its nuclear technology, strengthening its market position [7] - BWX Technologies has secured significant manufacturing contracts for nuclear energy projects, enhancing its competitive stance [8] Financial Performance - SMR shares have increased by 137% year-to-date, outperforming the Zacks Computer & Technology sector and the Zacks Electronics-Power Generation industry [9] - SMR is trading at a premium with a forward 12-month Price/Sales ratio of 119.98X compared to the sector's 6.33X, indicating a high valuation [13] - The Zacks Consensus Estimate for SMR's loss in 2025 is 42 cents per share, which has widened recently [15]