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NuScale (SMR) Shares Slide 10% as B. Riley Flags Concerns Over Doubling Share Count
Yahoo Finance· 2025-12-28 17:46
Group 1 - NuScale Power Corporation (NYSE:SMR) has seen a significant decline in its stock price, with a year-to-date drop of 10% as investors are concerned about potential share dilution due to a recent partnership and an increase in authorized capital [1] - B. Riley has lowered its price target for NuScale Power from $38 to $24 while maintaining a Buy rating, indicating a cautious outlook on the stock [1] - Citi has also reduced its price target from $37.50 to $18.50, attributing a 52% decline in stock price over the past quarter to Fluor Corp.'s plans to liquidate its stake and uncertainty regarding NuScale's first binding commercial contract [2] - UBS has set a price target of $20, down from $38, citing concerns over high capital requirements and industry risks such as construction delays and cost overruns following Q3 2025 earnings results [3] Group 2 - NuScale Power specializes in small modular reactor technology, offering the NuScale Power Module, which generates 77 megawatts of electricity [4]