Americas Clean Energy: Nuclear: Energy, CleanTech & Utilities Conference - Takeaways from US Nuclear Power Panel with SMR, Holtec 8 January 2026 | 1:47AM EST Equity Research Presenters: Ramsey Hamady, CFO, NuScale Power & Dr. Rick Springman, President of Global Clean Energy Opportunities, Holtec International Bottom line: We hosted a panel with SMR and Holtec International at the 2026 Goldman Sachs Energy, CleanTech & Utilities conference in Miami, FL on January 7th. Management discussed (1) market outlook, ...

We recently published 10 Stocks Powering Into 2026 With Explosive Gains. NuScale Power Corp. (NYSE:SMR) is one of the top performers on Friday. NuScale Power snapped a four-day losing streak on Friday, jumping 15.10 percent to close at $16.31 apiece as investors loaded portfolios in nuclear stocks, taking path from the Trump administration’s promise of “nuclear renaissance” in 2026. NuScale Power Corp. (NYSE:SMR) rallied alongside the overall industry after the US government promised a major policy push ...

Core Insights - NuScale Power is the only U.S. nuclear company with a Nuclear Regulatory Commission (NRC) design certification for small modular reactors (SMRs) [1] - SMRs are considered essential for clean energy as they can provide carbon-free power from small, factory-built units, suitable for locations where traditional grids cannot supply continuous power [2] - Despite its first-mover advantage, NuScale's stock has declined nearly 20% this year due to a lack of operational projects and customers [3] Company Developments - NuScale has not yet sold any SMRs, although it has a potential first customer, RoPower, interested in using six reactors for a power plant in Romania [4] - The company has signed a memorandum of understanding (MOU) with ENTRA1 Energy to deploy up to 6 gigawatts (GW) of SMR power with the Tennessee Valley Authority, but no contracts have been finalized [5] - The absence of operational SMRs and a clear timeline for commercial use raises concerns about the company's profitability [6] Investment Considerations - Investors are advised to monitor the RoPower project closely, as it represents the closest opportunity for a sale; failure of this project could lead to a significant drop in stock value [6] - For risk-averse investors, a nuclear energy exchange-traded fund (ETF) may be a safer option compared to investing directly in NuScale [6] - Analysts have identified ten stocks they believe are better investment opportunities than NuScale Power [9]

2025 was volatile. While many sectors soared, specific stocks saw extreme price swings. Oklo Inc. is a prime example. The stock experienced a speculative surge in October, reaching nearly $193 per share. Since then, it has corrected significantly to the $70-$80 range. Investors who purchased shares near those highs are currently sitting on unrealized losses.This is the point in the year when the calendar can matter as much as the balance sheet. In the final trading days of December, tax-driven flows often d ...

Core Insights - Wall Street is increasingly optimistic about nuclear power as a renewable energy source, particularly in light of the growing electricity demands driven by artificial intelligence (AI) [1][2] Group 1: Market Dynamics - The demand for electricity generation in the United States is expected to exceed $1 trillion in capital investments from now until 2029, largely due to AI [3] - Nuclear energy stocks, particularly Oklo and NuScale Power, have seen significant stock price increases, with Oklo rising 733% and NuScale Power increasing 65.6% over the last three years [8] Group 2: Company Profiles - Oklo is developing a small nuclear reactor that utilizes recycled nuclear waste and aims to serve direct-generation needs, such as military applications and data centers [4] - NuScale Power is constructing a small modular reactor (SMR) that has received design approval from the Nuclear Regulatory Commission (NRC) [5] - The standard SMR from NuScale Power is designed to generate 77 megawatts of electricity, contributing to the estimated need for 50 gigawatts of new electricity generation by 2030 [6] Group 3: Financial Performance - Oklo has never generated revenue and lacks an approved reactor design, while NuScale Power generates $64 million in revenue primarily from construction contracts [10] - Both companies are unprofitable, with Oklo reporting negative $68 million in free cash flow and NuScale Power showing negative $283 million [10] Group 4: Investment Considerations - The current investment interest in nuclear energy stocks is largely speculative, with both companies showing minimal revenue and significant cash burn [12] - As of December 15, 2025, both stocks have declined by 50% from their highs, indicating a potential downturn in the nuclear energy trade [13]

Shares of NuScale Power have fallen more than 60% from recent highs. Is now the time to buy?After decades of dormancy and stagnation, nuclear energy is roaring back to life. It's not hard to understand why. As a source of clean energy, nuclear can help companies and nations meet climate objectives. And as a source of reliable, round-the-clock power, nuclear can give artificial intelligence (AI) data centers the juice they need to support ever-growing computational demand.Not all nuclear energy stocks, howev ...

Key Takeaways NuScale plans up to 6GW of nuclear capacity using about 72 reactor modules across multiple U.S. sites.The first 12-module plant is targeted for around 2030, pending site selection and a binding PPA.NuScale ended Q3 2025 with $753.8M in cash, funding early work while licensing and engineering advance.NuScale Power (SMR) is moving ahead with its plan to support up to 6 gigawatts (GW) of new nuclear capacity through its partnership with ENTRA1 and the Tennessee Valley Authority (TVA). The program ...

Core Viewpoint - Natura Resources LLC has acquired Shepherd Power from NOV Inc. to enhance the commercialization of its small modular reactor (SMR) technology, aiming to deliver multiple gigawatts of SMRs for data centers and industrial applications between 2029 and 2032 [1][2]. Group 1: Acquisition and Strategic Partnership - The acquisition of Shepherd Power adds reactor deployment expertise, including regulatory and licensing experience, to Natura, strengthening its path to commercial deployment [3][4]. - The agreement aligns Natura's molten salt reactor design with NOV's manufacturing and project management expertise, facilitating the delivery of advanced nuclear reactors [2][8]. Group 2: Technology and Market Potential - Natura's molten salt reactor (MSR) design operates at high temperature and atmospheric pressure, enhancing safety and reducing waste, while being capable of using various fuel types, including recycled waste fuel [5]. - The modular construction of Natura's reactors lowers capital costs compared to traditional reactors, making its 100-megawatt commercial-scale reactor competitive with other clean baseload power generation options [6]. Group 3: Regulatory and Deployment Timeline - The Nuclear Regulatory Commission issued a construction permit for Natura's 1-megawatt reactor at Abilene Christian University, with deployment expected in 2026 [9]. - Natura plans to file two commercial reactor applications with the NRC by the end of 2025, targeting medical isotope production and grid-scale electricity generation, with the first 100-megawatt reactor expected to be deployed in 2029 [9]. Group 4: Financial Backing and Commitment - Natura has secured over $120 million in private funding and a commitment of $120 million from the State of Texas, establishing itself as a leading force in the advanced nuclear industry [10].

The stock's latest slump may feel discouraging, but for investors who believe in the potential of small modular reactors, it could be an opportunity.In case you haven't noticed, the energy sector is undergoing a nuclear resurgence.Or, at least, it was. Prior to about mid-October, nuclear energy stocks, especially those of companies that are designing microreactors, were surging in value. Oklo, for instance, was up by about 700% on the year, while uranium enricher Centrus Energy was up by about 440%.Then cam ...

Core Insights - NuScale Power's shares have declined by 20.3% over the past month, underperforming the Zacks Electronics-Power Generation industry's decline of 18.4% [1] - The company reported a wider-than-expected loss per share of $1.85 for Q3 2025, compared to a loss of $0.18 in the same quarter last year and a consensus estimate of a loss of $0.11 [4] - Fluor's plan to sell its entire stake in NuScale Power by Q2 2026 has raised investor concerns about the company's financial backing [5] - NuScale Power's revenues remain low at $8.2 million for Q3 2025, with significant milestone payments and non-binding agreements posing risks to future revenue generation [6][7] - The Zacks Consensus Estimate for loss in 2025 has widened to $1.64 per share from a previous estimate of $0.50 [12] Financial Performance - The stock has underperformed compared to competitors, with GE Vernova gaining 8.5% in the past month while BWX Technologies and Oklo lost 7.5% and 0.3%, respectively [1] - The company paid $128.5 million to ENTRA1 in Q3 2025 as part of a milestone agreement, indicating high upfront costs before revenue generation [6] - The current price-to-sales (P/S) ratio for NuScale Power is 124.47X, significantly higher than the industry average of 31.27X and its peers [13][14] Competitive Landscape - NuScale Power faces stiff competition from companies like Oklo, BWX Technologies, and GE Vernova, which are advancing their own small modular reactor technologies [9][10][11] - GE Vernova and Samsung C&T have partnered to enhance the rollout of their BWRX-300 SMR, while BWX Technologies has expanded its capabilities through new agreements with Rolls-Royce SMR [9][10] Future Outlook - The company is entering a critical phase with plans for up to 6 gigawatts of small modular reactor capacity in collaboration with ENTRA1 and Tennessee Valley Authority (TVA) [6] - The TVA agreement is not yet a binding Power Purchase Agreement (PPA), which could delay orders and revenue [7] - The first plant is expected around 2030, indicating that significant revenues are still years away [7] Conclusion - Despite having technology advantages, NuScale Power's growth prospects are questioned due to project timelines, high upfront investments, and a competitive energy market [15][16]