Is NuScale Power the Next Nuclear Energy Millionaire-Maker Stock?

Core Viewpoint - The recent decline in nuclear energy stocks, particularly those related to small modular reactors (SMRs), presents a potential buying opportunity for investors who believe in the future of nuclear energy [1][3]. Industry Overview - The energy sector is experiencing a nuclear resurgence, with significant increases in stock values for companies involved in microreactor designs prior to mid-October [1]. - Companies like Oklo and Centrus Energy saw stock increases of approximately 700% and 440% respectively over the year [1]. Company Performance - NuScale Power, a company with an approved design for SMRs, has seen its stock decline by nearly 10% year over year, despite being up about 22% for the year [3]. - The current market capitalization of NuScale Power is $6 billion, with a gross margin of 64.95% [3]. Future Prospects - For NuScale to achieve significant returns for early investors, it needs to secure firm orders for construction based on its approved designs [5]. - The collaboration with RoPower for deploying SMRs in Romania is a positive development, contributing to a significant increase in third-quarter revenue, although the company reported a larger-than-expected loss [6]. - Analysts anticipate revenue growth for NuScale over the next couple of years, but the company must demonstrate that SMRs can compete on price with natural gas and renewable energy sources [8].