SMR

NuScale Power Corp. (SMR) stock has experienced significant downward pressure over the past six months, decreasing by 24.21% and by 80.82% over the last 12 months, reaching a new 52-week low of $7.21 on October 8, 2026, from a high of $57.42. Key events include a UBS downgrade from 'Neutral' to 'Sell' in September 2026, with a price target cut to $6, citing erosion of first-mover advantage, weak customer commitments, long build timelines, and projected negative free cash flow, which led to an approximate 16% stock drop. Legal investigations for potential securities fraud or unlawful practices were initiated by the Pomerantz Law Firm and SBS Law. Reports indicate stalled or stagnating SMR projects, raising concerns about slow progress and commercialization risk. In the second quarter of 2026, NuScale reported an adjusted EPS of negative $0.13, meeting expectations, but revenue significantly dropped to $0.1 million compared to $8.1 million in the prior year. The company also launched a $750 million at-the-market stock offering program, which could lead to dilution. Analyst sentiment is cautious, with a consensus 'Hold' rating and an average price target of $12.96 as of October 8, 2026.