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NuScale Power Corporation (SMR)

Industrials Out of favour

NuScale Power is a technology company designing small, modular nuclear reactors intended to provide clean, reliable energy for power grids and industrial sites.

$8.42

Is NuScale Power Corporation a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Pioneering technology in the growing clean energy sector. Worth weighing: Very high valuation relative to current revenue. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.

No rating · no target price · nothing for sale here
Price-7.6%
= past earnings-report date
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range-81% past year
$8.42
Low $7.21High $57.42
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into NuScale Power Corporation
$924-8%

Over about 2 years to 2026-07-31. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has NuScale Power Corporation actually fallen?

−86%

Over the last 2 years of daily prices, NuScale Power Corporation fell as much as −86% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.

Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$2.91B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
33.11M
Day range: The lowest and highest price the shares traded at during the latest day.
$8.38 – $9.01
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$7.21 – $57.42
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.0%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
2.25
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 2.25
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +7% past week · ▼ -81% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Widespread adoption of small modular reactors as a global energy standard.

The bear case

Failure to achieve commercial viability or significant funding shortfalls.

What does NuScale Power Corporation do?

NuScale is essentially a research and development firm working to bring a new type of compact nuclear reactor to market. The company aims to earn through contracts to design and eventually license the technology, though it sits in the early stages of commercialisation for now. Their success rests on the ability to move from the drawing board to actually building and operating these power plants.

VQGMI
Factor profile

On our factor screen it looks strongest on value and quality, and weakest on growth.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 64Quality: How profitable and financially healthy the company is (higher = stronger). 33Growth: How fast revenue and earnings are growing (higher = faster). 0Momentum: How the share price has been trending recently (higher = stronger recent run). 2Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 16
Quick checks
What's strong
  • Pioneering technology in the growing clean energy sector
  • Potential to solve energy needs for remote or industrial locations
  • Strong interest from governments looking for carbon-free power
What to watch
  • Growth screens low (0/100)
  • Momentum screens low (2/100)
  • Income screens low (16/100)
  • Strict and lengthy nuclear regulatory approval processes
  • High capital requirements to build physical infrastructure

What do NuScale Power Corporation's numbers mean?

P/S
155.0
This shows investors are paying a very high price relative to the company's current sales, reflecting high hopes for future growth rather than current income.
Higher than most of the 123 Industrials shares we cover
Net margin
0.0%
This indicates the company is not currently generating a profit from its operations, which is common for businesses heavily focused on research.
Lower than most of the 123 Industrials shares we cover
Beta
2.3
A beta above 1 means the share price tends to be much more volatile and prone to bigger swings than the wider stock market.
Revenue growth
-95.8%
This large drop highlights how inconsistent revenue can be for a company that is still in the early stages of its project lifecycle.
Lower than most of the 119 Industrials shares we cover

How much money does NuScale Power Corporation make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$3.34M$6.69M$10.03M$13.38MQ1 25Q2 25Q3 25Q4 25Q1 26
Gross margin
23.8%
Net margin
0.0%
Return on equity
-83.0%

Does NuScale Power Corporation pay a dividend?

No - NuScale Power Corporation doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

When does NuScale Power Corporation report earnings, and how did recent quarters go?

NuScale Power Corporation is next scheduled to report on about 2026-08-05 - dates can move, and we don't predict results; this just tells you when to look.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

NuScale Power Corporation: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-05-07$-0.14$-0.14Missed -1%
2026-02-26$-0.15$-0.80Missed -423%
2025-11-06$-0.14$-1.85Missed -1176%
2025-08-07$-0.12$-0.13Missed -13%
2025-05-12$-0.11$-0.11Beat +4%
2025-03-03$-0.12$-0.77Missed -544%

Across the last 6 quarters here, NuScale Power Corporation came in ahead of what analysts expected 1 time. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

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What are the scenarios for NuScale Power Corporation?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$49$8$2today · $8▲ Bull · $10• Base · $8▼ Bear · $6in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+15% to +30%Positive news on regulatory approvals for their reactor designs.
Base
-5% to +5%Continued steady progress on research without major breakthroughs.
Bear
-20% to -40%Delays in project timelines or loss of key partnership agreements.

What are the pros and cons of NuScale Power Corporation?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Pioneering technology in the growing clean energy sector
  • Potential to solve energy needs for remote or industrial locations
  • Strong interest from governments looking for carbon-free power
The catch3
  • Very high valuation relative to current revenue
  • History of significant share price volatility
  • Lack of current profitability
Key risks3
  • Strict and lengthy nuclear regulatory approval processes
  • High capital requirements to build physical infrastructure
  • Public and political opposition to nuclear energy projects
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: low · data: USD · flags: pe, earnings_growth · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-02. Prices may be delayed and numbers can go stale - always double-check before acting.