Should You Buy NuScale Power Stock While It's Below $24?

Company Overview - NuScale Power has developed a small modular nuclear reactor (SMR) technology aimed at transforming the nuclear power industry by offering a safer and quicker construction process compared to traditional large-scale nuclear plants [1][2] - The modular design allows for easier transportation and placement closer to population centers, potentially reducing costs and construction time [2] Market Potential - SMRs could serve high-demand electricity users, such as data centers for artificial intelligence, by providing dedicated power sources and reducing reliance on the power grid [3] - The technology's appeal lies in its ability to create larger power plants by linking multiple SMRs, which may attract electric utility customers [2] Current Status - NuScale Power has not yet made its first official sale, which is critical for gaining customer confidence and demonstrating the viability of its technology [5] - The company has two potential customers: a Romanian power company considering up to six SMRs and ongoing discussions with the Tennessee Valley Authority and ENTRA1 Energy for U.S.-based projects [6][7] Financial Metrics - As of the latest data, NuScale Power's stock is trading at approximately $20.51, with a market capitalization of $5.8 billion [8] - The stock has experienced significant volatility, with a 52-week range of $11.08 to $57.42, and a gross margin of 64.95% [8][9] Investor Considerations - Fluor, an early investor in NuScale, is selling its shares and plans to exit its position by 2026, which may negatively impact the stock price in the interim [9] - The current trading price below $24 raises questions about whether it represents a buying opportunity or indicates higher risks for investors [1][10]