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NuScale (SMR) Announces Research Program with Ebara Elliott Energy for Steam Compressor Development
Yahoo Finance· 2026-03-24 19:33
NuScale Power Corporation (NYSE:SMR) is one of the 8 Must-Buy Nuclear Energy Stocks to Invest In. On March 19, 2026, NuScale Power Corporation (NYSE:SMR) announced a collaborative research program with Ebara Elliott Energy to develop and field test a commercial-scale high-temperature steam compressor aimed at integrating NuScale Power Modules with petrochemical plants requiring process heat. The company said its SMR technology remains the “first and only” design to receive approval from the U.S. Nuclear Re ...
How NuScale Is Expanding Its Nuclear Pitch Beyond Power Generation and Into Industrial Heat
Yahoo Finance· 2026-03-24 14:27
NuScale Power Corporation (NYSE:SMR) is one of the top nuclear energy stocks to invest in for the next 5 years. On March 19, 2026, NuScale Power said it had entered a strategic partnership with Ebara Elliott Energy to support the development, demonstration, and field testing of an industrial-scale high-temperature steam compressor designed to integrate NuScale Power Modules with petrochemical plants that need process heat. The companies said the program will cover development, manufacturing, and integrati ...
Kessler Topaz Meltzer & Check, LLP - NuScale Power Corporation (SMR) Investors: April 20, 2026, Deadline in Securities Fraud Class Action Lawsuit
Globenewswire· 2026-03-22 20:37
Core Viewpoint - A securities fraud class action lawsuit has been filed against NuScale Power Corporation for misleading statements regarding its commercialization strategy and financial performance during a specific period [2][4][7]. Group 1: Lawsuit Details - The lawsuit is filed on behalf of investors who purchased NuScale Class A common stock between May 13, 2025, and November 6, 2025 [2][7]. - The case is titled Truedson v. NuScale Power Corporation, filed in the United States District Court for the District of Oregon [2]. - Investors have until April 20, 2026, to file for lead plaintiff status [2][6][8]. Group 2: Allegations - The complaint alleges that NuScale made false or misleading statements about ENTRA1 Energy LLC's capabilities in nuclear power generation [4]. - It is claimed that NuScale's commercialization strategy was exposed to undisclosed risks due to reliance on ENTRA1, which lacked significant experience in the field [4]. - The lawsuit highlights that NuScale's financial disclosures did not adequately reflect the risks associated with its partnerships and operational strategies [4]. Group 3: Financial Impact - On November 6, 2025, NuScale reported a significant increase in general and administrative expenses, rising over 3,000% to $519 million, primarily due to a $495 million payment to ENTRA1 [5]. - This financial disclosure led to a quarterly net loss of $532 million, compared to a loss of $46 million in the previous year [5]. - Following this announcement, NuScale's stock price dropped by approximately 14.4%, from $37.91 to $32.46 per share [5].
NuScale Power Corporation (SMR) Securities Fraud Class Action Lawsuit Filed; April 20, 2026, Lead Plaintiff Deadline
Prnewswire· 2026-03-21 16:00
Core Viewpoint - A securities fraud class action lawsuit has been filed against NuScale Power Corporation, alleging that the company made false statements regarding its commercialization strategy and the experience of its partner, ENTRA1 Energy LLC, during the class period from May 13, 2025, to November 6, 2025 [1][2][3]. Group 1: Lawsuit Details - The lawsuit is filed in the United States District Court for the District of Oregon, under the case caption Truedson v. NuScale Power Corporation, et al, Case No. 3:26-cv-00328 (D. Or.) [1]. - Investors have until April 20, 2026, to file for lead plaintiff status [1][3]. - The complaint alleges that NuScale misrepresented ENTRA1's capabilities, claiming it had experience in nuclear power generation, which it did not possess [2][3]. Group 2: Financial Impact - On November 6, 2025, NuScale reported a significant increase in general and administrative expenses, which rose over 3,000% to $519 million from $17 million in the prior year period, primarily due to a payment of $495 million to ENTRA1 [3][5]. - As a result of these financial disclosures, NuScale's quarterly net loss increased to $532 million, up from $46 million in the previous year [5]. - Following this announcement, NuScale's stock price dropped by $5.45 per share, or approximately 14.4%, closing at $32.46 on November 6, 2025, down from $37.91 the previous day [5].
NuScale Power Corporation (SMR) Investors: April 20, 2026, Filing Deadline in Securities Fraud Class Action - Contact Kessler Topaz Meltzer & Check, LLP
Globenewswire· 2026-03-12 22:56
Core Viewpoint - A securities fraud class action lawsuit has been filed against NuScale Power Corporation for misleading statements regarding its commercialization strategy and financial performance during a specific period [2][4][7]. Company Overview - NuScale Power Corporation is publicly traded on the NYSE under the ticker SMR [7]. - The company focuses on nuclear power generation and has faced scrutiny over its partnerships and financial disclosures [4]. Lawsuit Details - The lawsuit is titled Truedson v. NuScale Power Corporation, filed in the United States District Court for the District of Oregon [2]. - The class period for the lawsuit is from May 13, 2025, to November 6, 2025 [7]. - Investors have until April 20, 2026, to file for lead plaintiff status [6][8]. Allegations - The complaint alleges that NuScale made false or misleading statements about ENTRA1 Energy LLC's capabilities, which were critical to its nuclear power projects [4]. - It is claimed that ENTRA1 had no significant experience in building or operating nuclear energy facilities, which was not disclosed to investors [4]. - The lawsuit highlights that NuScale's commercialization strategy was exposed to undisclosed risks, including potential failures and regulatory challenges [4]. Financial Impact - On November 6, 2025, NuScale reported a significant increase in general and administrative expenses, which rose over 3,000% to $519 million, primarily due to a $495 million payment to ENTRA1 [5]. - This financial disclosure led to a substantial net loss of $532 million for the quarter, compared to a loss of $46 million in the previous year [5]. - Following this announcement, NuScale's stock price dropped by approximately 14.4%, from $37.91 to $32.46 per share [5].
SMR Investor Alert: Kessler Topaz Meltzer & Check, LLP Encourages SMR Investors with Losses to Contact the Firm
Globenewswire· 2026-03-02 19:48
Core Viewpoint - A securities fraud class action lawsuit has been filed against NuScale Power Corporation for misleading statements regarding its commercialization strategy and financial performance during a specific period [2][4][7]. Group 1: Lawsuit Details - The lawsuit is filed on behalf of investors who purchased NuScale Class A common stock between May 13, 2025, and November 6, 2025 [2][7]. - The case is titled Truedson v. NuScale Power Corporation, et al, and is being heard in the United States District Court for the District of Oregon [2]. - Investors have until April 20, 2026, to file for lead plaintiff status [6][8]. Group 2: Allegations Against NuScale - The complaint alleges that NuScale made false and misleading statements about ENTRA1 Energy LLC's capabilities, claiming it had experience in nuclear power generation when it did not [4]. - It is claimed that NuScale's commercialization strategy was exposed to significant undisclosed risks due to reliance on ENTRA1, which lacked relevant experience [4]. - The lawsuit highlights that the financial mismanagement led to a dramatic increase in general and administrative expenses, which surged over 3,000% to $519 million in the third fiscal quarter [5]. Group 3: Financial Impact - Following the announcement of increased expenses, NuScale's quarterly net loss rose to $532 million, compared to $46 million in the prior year [5]. - The stock price of NuScale Class A common stock fell by $5.45 per share, approximately 14.4%, from $37.91 on November 5, 2025, to $32.46 on November 6, 2025 [5].
NuScale Power (SMR) Fell This Week. Here is Why
Yahoo Finance· 2026-02-27 15:18
Core Viewpoint - NuScale Power Corporation (NYSE:SMR) experienced a significant decline in share price, dropping 7.18% from February 18 to February 25, 2026, making it one of the worst-performing energy stocks during that week [1]. Group 1: Company Overview - NuScale Power Corporation specializes in small modular reactor technology solutions, with its flagship product, the NuScale Power Module, capable of generating up to 924 MWe of carbon-free energy through a 12-module plant [2]. Group 2: Recent Developments - On February 17, Fluor completed the sale of 71 million shares of NuScale, raising $1.35 billion, and plans to sell an additional 40 million shares in the second quarter of the year [3]. - On February 23, Barclays reduced its price target for NuScale from $45 to $15 while maintaining an 'Equal Weight' rating on the stock [4]. - On February 24, Cantor Fitzgerald lowered its price target from $55 to $20 but kept an 'Overweight' rating, citing various challenges including Fluor's share sales and delays related to the RoPower announcement, while still expressing optimism about NuScale's long-term commercialization prospects [5].
NuScale Power Corporation Securities Fraud Class Action Lawsuit Filed; April 20, 2026, Lead Plaintiff Deadline
Prnewswire· 2026-02-26 00:13
Core Viewpoint - A securities fraud class action lawsuit has been filed against NuScale Power Corporation, alleging material misstatements regarding its commercialization strategy for nuclear power generation projects [1] Summary by Relevant Sections Lawsuit Details - The lawsuit is filed on behalf of investors who purchased NuScale Class A common stock between May 13, 2025, and November 6, 2025 [1] - The deadline for investors to seek lead plaintiff status is April 20, 2026 [1] - The case is filed in the United States District Court for the District of Oregon, titled Truedson v. NuScale Power Corporation, et al, Case No. 3:26-cv-00328 (D. Or.) [1] Allegations - The complaint alleges that NuScale made false or misleading statements and failed to disclose that ENTRA1 Energy LLC had no significant experience in building or operating nuclear power projects [1] - It is claimed that NuScale entrusted its commercialization and deployment of its power module to ENTRA1, which lacked relevant experience [1] - The lawsuit also states that the qualifications attributed to ENTRA1 were actually related to the Habboush Group, another entity without significant nuclear experience [1] - As a result, NuScale's commercialization strategy faced undisclosed risks of failure, delays, and regulatory challenges [1] Financial Impact - On November 6, 2025, NuScale reported a significant increase in general and administrative expenses, which rose over 3,000% to $519 million from $17 million in the previous year [1] - This increase was largely due to a $495 million payment to ENTRA1 for a TVA agreement [1] - Consequently, NuScale's quarterly net loss surged to $532 million, compared to $46 million in the prior year [1] - Following this announcement, NuScale's stock price dropped by $5.45 per share, or approximately 14.4%, closing at $32.46 on November 6, 2025 [1] Investor Actions - Investors are advised to retain counsel or contact Kessler Topaz Meltzer & Check, LLP for a free case evaluation [1] - They can also file to be lead plaintiff by the April 20, 2026 deadline [1] - The lead plaintiff will represent the class in directing the litigation and selecting counsel [1]
NuScale Power Bets on Small Modular Reactors as AI Drives a New Wave of Electricity Demand
Yahoo Finance· 2026-02-25 21:24
Company Overview - NuScale Power is a leading provider of advanced small modular reactor (SMR) technology, focusing on scalable nuclear power solutions for utility and industrial clients [4] - The company generates revenue primarily through the sale and deployment of its modular nuclear reactor systems, tailored to utility-scale and industrial customers seeking clean, reliable power solutions [5] - As of February 9, 2026, NuScale's market capitalization is $3.75 billion, with a revenue of $63.90 million and a net income of -$379.94 million [3] Recent Developments - ONCE Capital Management, LLC increased its position in NuScale Power Corporation by 254,600 shares, with the quarter-end value of the fund's SMR holding falling by $716,841 [1] - NuScale Power's stock has risen as investors reconsider nuclear energy to meet growing electricity demand, driven by AI-driven data centers and electrification [7] Market Position - NuScale's stock price as of February 9, 2026, was $17.68, reflecting a one-year price change of approximately 35.62% [2] - The company serves electric utilities, industrial operators, and government entities seeking advanced, scalable nuclear energy infrastructure [6] Technology and Innovation - NuScale develops small modular nuclear reactors based on established light-water technology, designed for factory fabrication and phased deployment, which aims to lower upfront capital requirements compared to traditional large-scale nuclear plants [9] - The flexibility of NuScale's approach appeals to large power users seeking reliable baseload power, although the commercial model's success depends on securing necessary permits and meeting construction timelines [9]
Should You Buy NuScale Power While It's Below $15?
Yahoo Finance· 2026-02-25 20:05
NuScale Power (NYSE: SMR) develops small modular nuclear reactors and has a key first-mover advantage with its nuclear energy technology. The stock surged over the last year, reaching $57 per share in October, but has cooled off significantly in recent months. With the stock now under $15 per share, is NuScale Power stock a buy? Let's dive into its outlook to find out. NuScale Power's NRC approval gives it a first-mover advantage The nuclear industry operates some of the most stringent and rigorous frame ...