Why Is NUSCALE PWR CORP A (SMR) Stock Up Today?

Why SMR stock is up today

NuScale Power Corp A (SMR) surged 12.53% to $10.92 in early trading on Friday, marking a sharp reversal from its recent performance. The move appears to be driven by a combination of increased call volume, bullish sentiment, and recent developments in the company’s use of AI to support engineering and knowledge-management functions. The stock opened at $9.72 and reached an intraday high of $10.96 before settling near that level at $10.92.

What Happened

The session saw heavy call volume, with unusual options activity including a notable $599K call premium. This directional bullishness is reflected in the stock’s sharp intraday move, which reached a session high within three hours of the open. NuScale’s recent deployment of nuclear-specific AI tools has also drawn attention, with reports indicating these tools could bring an 80% efficiency gain. Additionally, the company announced a collaboration with MillenniTEK to fabricate boron-oxide pellets for its passive emergency core cooling system. These developments appear to have contributed to the renewed investor interest.

What The Data Shows

The stock’s intraday volume of 14.8 million shares is 0.5 times the 3-month daily average, suggesting moderate participation. Over the last eight sessions, the stock had risen 2.9% from $9.31 to $9.59. Despite this recent upturn, NuScale remains unprofitable with a TTM EPS of -1.54 and a TTM revenue decline of 81.0%. The stock has traded between $7.21 and $57.42 over the past 52 weeks, with today’s close near the lower end of that range. In the last 90 days, insiders have sold a total of $836K worth of shares, with the most recent filing on August 28.

What To Watch

NuScale has no upcoming earnings date listed. Investors should monitor the breadth of coverage and whether the current momentum attracts broader institutional interest.