Why NuScale Power Stock Is Surging Higher Today

Core Viewpoint - NuScale Power stock has seen a significant increase, closing 15% higher on Monday and continuing to rise after an analyst's optimistic outlook [1][3]. Stock Performance - As of 10:26 a.m. ET, NuScale Power shares are up 8%, slightly retreating from an earlier rise of 5.8% [1]. Analyst Upgrade - Bank of America analyst Dimple Gosai upgraded NuScale Power stock to neutral from underperform, with a new price target of $28, down from $34, indicating an upside of over 42% from the previous closing price of $19.67 [3][4]. Risk Assessment - The analyst's positive outlook is based on the company's advanced nuclear reactor design and its agreement with the Tennessee Valley Authority (TVA), which contribute to a reduced risk profile [4]. Investment Consideration - Despite the improved sentiment, NuScale Power continues to incur losses, and there is uncertainty regarding its path to profitability, making it a speculative investment [5][7].