Nuscale Power Corp (SMR) Price

Mr. John Hopkins is the President of Nuscale Power Corp, joining the firm since 2022.

The current price of SMR is $45.84, it has decreased 1.9% in the last trading day.

Nuscale Power Corp belongs to Electrical Equipment industry and the sector is Industrials

Nuscale Power Corp's current market cap is $13.0B

According to wall street analysts, 12 analysts have made analyst ratings for Nuscale Power Corp, including 1 strong buy, 8 buy, 8 hold, 0 sell, and 1 strong sell

Looks like someone's finally paying attention to the nuclear renaissance narrative. NuScale Power (SMR) is pumping today on a wave of positive sector news, particularly around nuclear energy's role in powering the AI boom. The stock is up over 5% and is currently battling a key resistance level, making this a critical moment for the ticker.

The move today isn't random; it's a mix of a strong macro story and improving technicals. Here's the alpha breakdown:

• The Narrative is King: The market is buzzing about the massive energy demands of AI, and nuclear power is being touted as a key solution. Recent headlines are calling it a potential "$10 trillion industry" and highlighting the "nuclear renaissance," which provides a powerful tailwind for the entire sector, including SMR. News also pointed to NuScale's "robust portfolio," a new NRC approval, and a deal with the TVA, adding company-specific fuel to the fire.

• Technicals Turning Bullish:

  • Price Action: SMR surged over 5.5% today, hitting a high of $41.03 before pulling back slightly. This high is significant as it tested a key hourly resistance level around $41.04.
  • Daily Chart: On the daily timeframe, we're seeing signs of a potential trend reversal. The MACD recently had a bullish crossover, with the MACD line (-0.4752) moving above the signal line (-0.9556). The RSI is neutral at 52.29, which means the stock isn't overbought and has room to climb if momentum continues.
  • Key Battleground: The price is currently fighting major resistance. It's hovering right below the 50-day moving average (~$40.26) and a daily resistance level at $39.46.

• Wall Street & Insider Sentiment:

  • Analysts: The analyst consensus is a "BUY," with sentiment trending more positive over the past year. The mean price target is $40.64, right where the stock is trading, suggesting analysts believe it's fairly valued but with upside potential to the high target of $63.
  • A Word of Caution: While the hype is real, RBC Capital recently initiated coverage with a "Sector Perform" rating and a $35 price target. They noted that while SMR is well-positioned, it faces "long timelines and execution risks".
  • Insiders: It's worth noting there were some insider sales back in August, with executives selling shares around the $35 and $44 levels. This isn't necessarily a death sentence, but it shows some smart money was taking profits on the way up.

The story is hot, but the chart is at a major decision point. A clean break and hold above the $41 resistance could be your signal for the next leg up. Just don't be the one providing exit liquidity for insiders, anon.