NuScale Power Corporation (NYSE: SMR) Could Make Significant Gains?

In the last trading session, 6.52 million NuScale Power Corporation (NYSE:SMR) shares changed hands as the company’s beta touched 1.54. With the company’s per share price at $17.60 changed hands at $0.09 or 0.51% during last session, the market valuation stood at $4.97B. SMR’s last price was a discount, traded about -83.52% off its 52-week high of $32.30. The share price had its 52-week low at $3.79, which suggests the last value was 78.47% up since then. When we look at NuScale Power Corporation’s average trading volume, we note the 10-day average is 9.96 million shares, with the 3-month average coming to 11.12 million.

Analysts gave the NuScale Power Corporation (SMR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. 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 green as seen at the end of in last trading. With action 19.97%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -1.84%, with the 5-day performance at 19.97% in the green. However, in the 30-day time frame, NuScale Power Corporation (NYSE:SMR) is -28.77% down. Looking at the short shares, we see there were 22.42 million shares sold at short interest cover period of 1.83 days.

The consensus price target for the stock as assigned by Wall Street analysts is 21, meaning bulls need an upside of 16.19% 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 -19.32% plunge from its current level, while the stock would need to soar -19.32% for it to hit the projected low.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -34.24%. The 2025 estimates are for NuScale Power Corporation earnings to increase by 81.08%, but the outlook for the next 5-year period is at 39.38% per year.

SMR Dividends

NuScale Power Corporation is expected to release its next quarterly earnings report on 2025-Mar-02.

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

If we look at who the major shareholders are, we find that insiders hold 6.28% of NuScale Power Corporation shares while 52.58% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 56.10%. There are 52.58% institutions holding the NuScale Power Corporation stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 8.7549% of the shares, roughly 6.97 million SMR shares worth $81.45 million.

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 Dec 31, 2024 were Global X Fds-Global X Uranium ETF and Vanguard Total Stock Market Index Fund . With 5.19 shares estimated at $91.37 million under it, the former controlled 4.05% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.05% of the shares, roughly 2.62 shares worth around $46.14 million.