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

NuScale Power shares rose 14.97% to $5.02, driven by third-quarter results that signaled a strategic pivot toward physical reactor production. The stock rebounded after a sharp decline, with the company reporting a beat on earnings per share despite a significant revenue miss.

What Happened

NuScale Power reported third-quarter 2026 financial results, posting an EPS of $(0.11), which beat the estimate of $(0.26). Revenue came in at $281,000, missing the estimate of $10.146 million. During the earnings call, management highlighted a shift from design to physical production, citing a partnership with Doosan for first-article SMR production. The company also noted progress on the TVA deal and maintained $1.9 billion in liquidity.

Analyst reactions were mixed following the release. Cantor Fitzgerald lowered its price target to $15 from $20 while maintaining an Overweight rating. Citi lowered its price target to $3.50 from $4. Canaccord cut its price target on contract uncertainty, and Goldman Sachs reiterated its rating citing limited revenue.

What The Data Shows

The stock opened at $4.56, a 4.3% gap up from the prior close of $4.37. The session high reached $5.05 at 9:30 AM ET, while the low was $4.42 at 8:10 AM ET. Volume stood at 8.1 million shares, which is 0.3 times the three-month daily average. The stock has a market cap of $2.1 billion and is unprofitable with a trailing twelve-month EPS of -1.54. Revenue declined 81.0% on a trailing twelve-month basis. The beta is 2.43, and the 52-week range is $4.28 to $39.35. Over the last eight sessions, the stock fell 23.3% from $5.70 to $4.37. On November 6, 2026, the stock printed one fresh 52-week high and five fresh 52-week lows.

Recent insider activity shows five sells totaling $805,000 in the last 90 days, with no buys. CFO Robert Ramsey sold shares on October 1, 2026, and August 27, 2026. Director Shinji Fujino sold on August 18, 2026.

What To Watch

NuScale Power has not announced a specific date for its next earnings report in the provided data. Investors may monitor the progress of the Doosan partnership and the TVA contract as key drivers for future revenue recognition.