NuScale Power Corporation (NYSE: SMR) – Analyst View Looks Different Today

In the last trading session, 10.68 million NuScale Power Corporation (NYSE:SMR) shares changed hands as the company’s beta touched 1.52. With the company’s per share price at $19.04 changed hands at -$1.74 or -8.37% during last session, the market valuation stood at $5.21B. SMR’s last price was a discount, traded about -69.64% off its 52-week high of $32.30. The share price had its 52-week low at $2.47, which suggests the last value was 87.03% up since then.

Analysts gave the NuScale Power Corporation (SMR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.11. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SMR as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.

NuScale Power Corporation (NYSE:SMR) trade information

Instantly SMR was in red as seen at the end of in last trading. With action -22.95%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 6.19%, with the 5-day performance at -22.95% in the red. However, in the 30-day time frame, NuScale Power Corporation (NYSE:SMR) is -25.54% down.

The consensus price target for the stock as assigned by Wall Street analysts is 21, meaning bulls need an upside of 9.33% from its current market value. According to analyst projections, SMR’s forecast low is 21 with 21 as the target high. To hit the forecast high, the stock’s price needs a -10.29% plunge from its current level, while the stock would need to soar -10.29% for it to hit the projected low.

NuScale Power Corporation (NYSE:SMR)’s Major holders

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.263% or 4.98 million shares worth $58.27 million as of 2024-06-30.

Among Mutual Funds, the top two as of Nov 30, 2024 were Global X Fds-Global X Uranium ETF and Vanguard Total Stock Market Index Fund. With 5.33 shares estimated at $101.47 million under it, the former controlled 5.27% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.39% of the shares, roughly 2.42 shares worth around $46.1 million.