LOS ANGELES, Feb. 20, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises NuScale Power Corporation, (“NuScale” or the "Company") (NYSE: SMR) investors off a class action on behalf of investors that bought securities between May 13, 2025 and November 6, 2025, inclusive (the “Class Period”). NuScale investors have until April 20, 2026 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal ...

INVESTOR DEADLINE: NuScale Power Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit [Accessibility Statement] Skip NavigationSAN DIEGO, Feb. 20, 2026 /PRNewswire/ -- The law firm of [Robbins Geller Rudman & Dowd LLP] announces that purchasers of NuScale Power Corporation (NYSE: SMR) Class A common stock between May 13, 2025 and November 6, 2025, both dates inclusive (the "Class Period"), have until April 20, 2026 to seek appointment as lead plaintiff of the NuScale c ...

Core Viewpoint - The article discusses a class action lawsuit against NuScale Power Corporation, alleging violations of the Securities Exchange Act of 1934 due to misleading statements regarding its commercialization partnership with ENTRA1 Energy LLC and the financial implications of its operations [1][3]. Company Overview - NuScale Power Corporation is involved in the development of small modular nuclear reactors, specifically the NuScale Power Module (NPM), aimed at generating energy within larger power plants [2]. - The company entered a global commercialization partnership with ENTRA1 Energy LLC, which was expected to facilitate the deployment of its NPM technology [2]. Allegations of the Lawsuit - The lawsuit claims that NuScale and its executives made false statements about ENTRA1's capabilities, failing to disclose that ENTRA1 had no significant experience in building or operating nuclear power projects [3]. - It is alleged that NuScale's reliance on ENTRA1 exposed the company to undisclosed risks related to commercialization and regulatory challenges [3]. Financial Impact - On November 6, 2025, NuScale reported a dramatic increase in general and administrative expenses, which rose over 3,000% to $519 million from $17 million year-over-year, primarily due to a $495 million payment to ENTRA1 [4]. - The company's quarterly net loss surged to $532 million, up from $46 million in the previous year, following the announcement of these expenses [4]. - Following the revelation of these financial issues, NuScale's Class A shares dropped more than 12% over a two-day trading period [4]. Legal Process - Investors who purchased NuScale Class A common stock during the specified class period can seek appointment as lead plaintiff in the class action lawsuit [6]. - The lead plaintiff will represent the interests of all class members and can select a law firm to litigate the case [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [7]. - The firm has a strong track record, recovering a total of $8.4 billion for investors over the past five years [7].

Group 1: Hydrogen Stocks Overview - NuScale Power, Plug Power, and CF Industries are highlighted as key hydrogen stocks to monitor, reflecting their involvement in the hydrogen economy [2] - Hydrogen stocks represent companies engaged in the production, storage, transportation, and utilization of hydrogen, including electrolyzers and fuel cells [2] - These companies have shown the highest dollar trading volume among hydrogen stocks recently, indicating strong market interest [2] Group 2: NuScale Power - NuScale Power Corporation focuses on developing modular light water reactor nuclear power plants for various applications, including hydrogen production [3] - The company offers the NuScale Power Module (NPM), which generates 77 megawatts of electricity (MWe), and designs for power plants that can accommodate multiple NPMs [3] Group 3: Plug Power - Plug Power Inc. specializes in hydrogen and fuel cell solutions across North America, Europe, and Asia [4] - The company provides a range of products, including GenDrive for material handling vehicles, GenSure for backup power, and GenFuel for hydrogen fueling systems [4] - Plug Power's offerings also include ProGen fuel cell technology and GenKey, a comprehensive solution for transitioning to fuel cell power [4] Group 4: CF Industries - CF Industries Holdings, Inc. manufactures and sells hydrogen and nitrogen products for various sectors, including energy and fertilizers [5] - The company operates through multiple segments, including Ammonia and Granular Urea, serving markets in North America, Europe, and internationally [5]

Core Insights - NuScale Power's stock has experienced a significant decline, dropping 55.4% in November 2025, following a peak increase of 200% earlier in the year, resulting in a year-to-date gain of only 19% [1][4] Company Overview - NuScale Power is focused on developing small modular reactors (SMRs) known as VOYGR, utilizing its core technology, the NuScale Power Module (NPM), which can generate 77 Mwe each and is scalable up to 12 NPMs per plant [3] - The company is still in the start-up phase and has not yet commercialized its technology, with current revenue primarily from engineering services provided to RoPower in Romania [5] Financial Performance - In the third quarter, NuScale reported a net loss of $273 million against $8 million in revenue, which led to a decline in stock price after missing Wall Street estimates [6] - The company raised $475 million by issuing shares during the same quarter, indicating ongoing fundraising needs [6] Market Reactions - Following the disappointing financial results, several analysts reduced their price targets for NuScale Power, with UBS notably lowering its target from $38 to $20 per share due to project delays and potential stock dilution concerns [7] Strategic Partnerships - NuScale Power has an exclusive partnership with ENTRA1 Energy to commercialize its SMR technology globally, which is critical for sharing financial and execution responsibilities [8] - ENTRA1 Energy has secured a contract to deploy up to 6 gigawatts of nuclear power capacity across seven states in the U.S., utilizing NuScale's SMRs, and could receive up to $25 billion in funding under the U.S.-Japan Framework Agreement [8] Shareholder Dynamics - Fluor, NuScale Power's largest shareholder, plans to sell its stake in the company by 2026, which may impact investor sentiment and stock performance [9]

Group 1: Water Stocks Overview - Water stocks are shares of companies involved in the supply, treatment, transport, storage, or management of water, including utilities, infrastructure firms, and technology providers [2] - Investors view water stocks as a way to gain exposure to a regulated sector with long-term demand driven by population growth, urbanization, and water scarcity [2] - The companies mentioned had the highest dollar trading volume among water stocks recently [2] Group 2: NuScale Power - NuScale Power Corporation develops and sells modular light water reactor nuclear power plants for various applications, including electrical generation and desalination [3] - The company offers the NuScale Power Module (NPM), which generates 77 megawatts of electricity (MWe), and designs for power plants that can house multiple NPMs [3] Group 3: Coca-Cola - The Coca-Cola Company manufactures and sells a variety of nonalcoholic beverages globally, including soft drinks, water, sports drinks, coffee, tea, and juices [4] Group 4: Ecolab - Ecolab Inc. provides water, hygiene, and infection prevention solutions, operating through three segments: Global Industrial, Global Institutional & Specialty, and Global Healthcare & Life Sciences [5] - The Global Industrial segment focuses on water treatment and cleaning solutions for various industries, including food and beverage processing and power generation [5] Group 5: Xylem - Xylem Inc. designs, manufactures, and services engineered products and solutions, operating through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services [6] - The Water Infrastructure segment offers products such as pumps, filtration, disinfection equipment, and mobile dewatering services [6] Group 6: American Water Works - American Water Works Company, Inc. provides water and wastewater services to approximately 1,700 communities across 14 states, serving around 3.5 million active customers [8] - The company serves various customer segments, including residential, commercial, industrial, and public authorities [8]

Core Insights - NuScale Power Corporation (NYSE:SMR) is recognized as a pioneer in small modular reactor (SMR) technology and is positioned to benefit from the increasing demand for sustainable electricity [3][4] - RBC Capital initiated coverage on NuScale with a 'Sector Perform' rating and a price target of $35, while assigning a Speculative Risk rating due to the need for more evidence of the scalability of its partnership model [2][3] Company Overview - NuScale Power Corporation specializes in SMR technology solutions, with its flagship product, the NuScale Power Module (NPM), featuring a water-cooled reactor that has a 77-megawatt electrical output [4] Market Position - The company is identified as one of the best nuclear energy stocks to invest in currently, reflecting its potential in the energy sector [1]