Core Insights - NuScale Power's stock has experienced significant volatility, dropping from a 52-week high of $57 to just above $13, reflecting an 18% decline in 2026 [1][2] - Despite past challenges, NuScale is gaining momentum, with potential for the stock to trade above $20 by year-end [2] Company Developments - NuScale is the only U.S. company with a small modular reactor (SMR) design licensed by the Nuclear Regulatory Commission, but it has yet to secure a firm sale for its technology [4] - The company has faced setbacks, including a canceled project with Idaho National Labs due to high construction costs, but is now moving forward with a promising project in Romania [5][6] - The Romanian project involves deploying six SMRs for a total of 462 megawatts of power generation capacity, with commercial operations expected by 2033 [6] Future Opportunities - In late 2025, NuScale agreed to deploy up to six gigawatts of SMR power generation across seven states for the Tennessee Valley Authority, significantly larger than the Romanian project [7] - The nuclear sector is projected to require a $3 trillion investment by 2050, with SMR technology playing a crucial role in meeting the increasing demand for electricity [8] - If NuScale captures 5% of this investment, it could lead to $150 billion in reactor deployments or related infrastructure projects [9] Market Outlook - Analysts have set an average price target of $29 per share for NuScale, indicating a potential upside of 123% from current levels, although the stock remains volatile [11] - The company is currently burning through cash, and while revenue growth is expected to be steady, it may not be explosive in the near term [9]
Is NuScale Power Stock Going to $20?