(SMR) Nuscale Power - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US67079K1007

Stock: Small Modular Reactor, NuScale Power Module, Water Reactor, 77 MWe

Total Rating 12
Risk 39
Buy Signal 0.02

EPS (Earnings per Share)

EPS (Earnings per Share) of SMR over the last years for every Quarter: "2020-12": -0.4509, "2021-03": 0.3038, "2021-06": -0.1542, "2021-09": -0.067, "2021-12": -0.34, "2022-03": -0.13, "2022-06": -0.0831, "2022-09": -0.19, "2022-12": -0.21, "2023-03": -0.16, "2023-06": -0.13, "2023-09": -0.26, "2023-12": -0.25, "2024-03": -0.21, "2024-06": -0.31, "2024-09": -0.18, "2024-12": -0.77, "2025-03": -0.11, "2025-06": -0.13, "2025-09": -1.85, "2025-12": 0,

Revenue

Revenue of SMR over the last years for every Quarter: 2020-12: 0.278, 2021-03: 0.664, 2021-06: 0.372, 2021-09: 0.297, 2021-12: 1.529, 2022-03: 2.445, 2022-06: 2.749, 2022-09: 3.172, 2022-12: 3.438, 2023-03: 5.505, 2023-06: 5.795, 2023-09: 6.95, 2023-12: 4.56, 2024-03: 1.379, 2024-06: 0.967, 2024-09: 0.475, 2024-12: 34.224, 2025-03: 13.375, 2025-06: 8.054, 2025-09: 8.242, 2025-12: null,
Risk 5d forecast
Volatility 131%
Relative Tail Risk -9.86%
Reward TTM
Sharpe Ratio 0.23
Alpha -59.63
Character TTM
Beta 2.333
Beta Downside 2.018
Drawdowns 3y
Max DD 82.06%
CAGR/Max DD 0.22

Description: SMR Nuscale Power January 08, 2026

NuScale Power Corp. (NYSE: SMR) develops small modular reactor (SMR) technology, centered on its 77 MW(e) NuScale Power Module (NPM) water-cooled reactor. Founded in 2007 and based in Corvallis, Oregon, the firm targets utility-scale clean-energy projects that can be factory-built and deployed faster than traditional large reactors.

Key industry metrics that shape NuScale’s outlook include: (1) the U.S. Department of Energy’s $2.5 billion loan-guarantee program for SMRs, which de-risks capital costs; (2) an emerging market demand for low-carbon baseload power, projected to grow at ~3 % CAGR through 2035 as states tighten renewable-energy mandates; and (3) NuScale’s recent $200 million contract pipeline for projects in Idaho, Utah, and Canada, indicating traction despite the lengthy regulatory approval timeline (typically 5-7 years from design certification to commercial operation). The broader nuclear sector is also benefitting from a declining cost per kilowatt for SMRs-estimated at $5,500/kW versus $8,000/kW for conventional reactors-driven by modular construction and supply-chain efficiencies.

For a deeper dive into NuScale’s financials, risk profile, and valuation multiples, you may find ValueRay’s analyst toolkit useful for independent research.

Piotroski VR‑10 (Strict, 0-10) 1.5

Net Income: -379.9m TTM > 0 and > 6% of Revenue
FCF/TA: -0.32 > 0.02 and ΔFCF/TA 29.41 > 1.0
NWC/Revenue: 429.1% < 20% (prev 1355 %; Δ -925.6% < -1%)
CFO/TA -0.32 > 3% & CFO -282.3m > Net Income -379.9m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.62 > 1.5 & < 3
Outstanding Shares: last quarter (147.7m) vs 12m ago 55.14% < -2%
Gross Margin: 66.76% > 18% (prev 0.23%; Δ 6654 % > 0.5%)
Asset Turnover: 11.24% > 50% (prev 2.91%; Δ 8.33% > 0%)
Interest Coverage Ratio: -3.90 > 6 (EBITDA TTM -618.3m / Interest Expense TTM 159.0m)

Altman Z'' -9.41

A: 0.31 (Total Current Assets 719.8m - Total Current Liabilities 445.6m) / Total Assets 883.1m
B: -0.77 (Retained Earnings -682.0m / Total Assets 883.1m)
C: -1.09 (EBIT TTM -619.7m / Avg Total Assets 568.2m)
D: -1.52 (Book Value of Equity -682.0m / Total Liabilities 448.3m)
Altman-Z'' Score: -9.41 = D

Beneish M 0.91

DSRI: 0.22 (Receivables 15.2m/7.91m, Revenue 63.9m/7.38m)
GMI: 0.34 (GM 66.76% / 22.50%)
AQI: 0.66 (AQ_t 0.18 / AQ_t-1 0.28)
SGI: 8.66 (Revenue 63.9m / 7.38m)
TATA: -0.11 (NI -379.9m - CFO -282.3m) / TA 883.1m)
Beneish M-Score: 0.91 (Cap -4..+1) = D

What is the price of SMR shares?

As of February 08, 2026, the stock is trading at USD 17.53 with a total of 32,147,876 shares traded.
Over the past week, the price has changed by +0.29%, over one month by -10.42%, over three months by -46.00% and over the past year by -24.60%.

Is SMR a buy, sell or hold?

Nuscale Power has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy SMR.
  • StrongBuy: 6
  • Buy: 1
  • Hold: 3
  • Sell: 0
  • StrongSell: 1

What are the forecasts/targets for the SMR price?

Issuer Target Up/Down from current
Wallstreet Target Price 34.2 95%
Analysts Target Price 34.2 95%
ValueRay Target Price 16.5 -5.9%

SMR Fundamental Data Overview February 03, 2026

P/S = 77.3786
P/B = 6.4575
Revenue TTM = 63.9m USD
EBIT TTM = -619.7m USD
EBITDA TTM = -618.3m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = -407.6m USD (from netDebt column, last quarter)
Enterprise Value = 4.54b USD (4.94b + (null Debt) - CCE 407.6m)
Interest Coverage Ratio = -3.90 (Ebit TTM -619.7m / Interest Expense TTM 159.0m)
EV/FCF = -16.06x (Enterprise Value 4.54b / FCF TTM -282.5m)
FCF Yield = -6.23% (FCF TTM -282.5m / Enterprise Value 4.54b)
FCF Margin = -442.1% (FCF TTM -282.5m / Revenue TTM 63.9m)
Net Margin = -594.6% (Net Income TTM -379.9m / Revenue TTM 63.9m)
Gross Margin = 66.76% ((Revenue TTM 63.9m - Cost of Revenue TTM 21.2m) / Revenue TTM)
Gross Margin QoQ = 32.87% (prev 22.11%)
Tobins Q-Ratio = 5.14 (Enterprise Value 4.54b / Total Assets 883.1m)
Interest Expense / Debt = unknown (Interest Expense 2.11m / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = -489.5m (EBIT -619.7m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.62 (Total Current Assets 719.8m / Total Current Liabilities 445.6m)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = 0.66 (negative EBITDA) (Net Debt -407.6m / EBITDA -618.3m)
Debt / FCF = 1.44 (negative FCF - burning cash) (Net Debt -407.6m / FCF TTM -282.5m)
Total Stockholder Equity = 711.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -66.87% (Net Income -379.9m / Total Assets 883.1m)
RoE = -53.43% (Net Income TTM -379.9m / Total Stockholder Equity 711.1m)
RoCE = -141.6% (out of range, set to none) (EBIT -619.7m / Capital Employed (Total Assets 883.1m - Current Liab 445.6m))
RoIC = -68.85% (negative operating profit) (NOPAT -489.5m / Invested Capital 711.1m)
WACC = 14.51% (E(4.94b)/V(4.94b) * Re(14.51%) + (debt-free company))
Discount Rate = 14.51% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 38.59%
Fair Price DCF = unknown (Cash Flow -282.5m)
EPS Correlation: -37.05 | EPS CAGR: 1.94% | SUE: 0.26 | # QB: 0
Revenue Correlation: 34.72 | Revenue CAGR: 56.71% | SUE: -0.21 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.13 | Chg30d=+0.000 | Revisions Net=+1 | Analysts=5
EPS next Year (2026-12-31): EPS=-0.57 | Chg30d=+0.017 | Revisions Net=+0 | Growth EPS=+74.1% | Growth Revenue=+210.7%

Additional Sources for SMR Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle