NuScale Power SMR Stock Price, News & Info The Motley Fool

smr stock price

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With the increasing demand for clean and sustainable energy sources, NuScale’s SMRs offer a promising solution to meet the electricity needs of various regions. The company aims to partner with utilities, energy companies, and government entities to deploy its SMR technology worldwide. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.

About NuScale Power Corporation

3 brokerages have issued 12 month price objectives for NuScale Power’s stock. On average, they predict the company’s share price to reach $12.17 in the next year. This suggests a possible upside of 91.3% from the stock’s current price.

NuScale Power’s stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (1.39%), Mirae Asset Global Investments Co. Ltd. (0.92%), Geode Capital Management LLC (0.38%), State Street Corp (0.35%), Wells Fargo & Company MN (0.22%) and Northern Trust Corp (0.19%). NuScale Power Corporation specializes in designing, developing, and deploying small modular reactors. These compact, scalable, and highly efficient reactors offer several advantages over traditional large-scale reactors. This groundbreaking SMR design can generate up to 60 megawatts of electricity.

Morningstar‘s Stock Analysis SMR

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. NuScale Power’s stock was trading at $10.26 at the beginning of the year. Since then, SMR shares have decreased by 38.0% and is now trading at $6.36. Investors and industry analysts have closely watched NuScale Power Corporation’s financial performance. NuScale Power Corporation has strategically invested in research, development, and deployment activities to advance its SMR technology.

smr stock price

For example, a price above its moving average is generally considered an upward trend or a buy. NuScale Power Corporation operates in the dynamic https://1investing.in/ and evolving nuclear power industry. The company is positioned within the heating equipment sector of the computer and technology industry.

Stocks That Hit 52-Week Lows On Tuesday

3 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for NuScale Power in the last twelve months. The consensus among Wall Street research analysts is that investors should “hold” SMR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SMR, but not buy additional shares or sell existing shares.

Headquartered in Portland, Oregon, NuScale Power Corporation operates in various locations nationwide. It is at the forefront of developing innovative technologies that have the potential to transform the nuclear power industry. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study.

Elon Musk Says Nuclear Plants Must Remain Open. Uranium Stocks Are Surging.

Energy demand, regulatory frameworks, environmental concerns, and technological advancements shape the industry landscape. NuScale’s SMR technology provides a competitive advantage in terms of safety, efficiency, and scalability compared to traditional large-scale reactors. Dividend yield allows investors, particularly those interested in dividend-paying stocks,

to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. The leadership team at NuScale Power Corporation comprises seasoned professionals with extensive experience in the nuclear power industry and related fields.

These contracts showcase the growing interest and confidence in NuScale’s SMR technology as a sustainable and reliable energy solution. The technique has proven to be very useful for finding positive surprises. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The scores are based on the trading styles of Value, Growth, and Momentum.

How big is NuScale Power Corp Class A?

These returns cover a period from January 1, 1988 through July 31, 2023. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

  • The company was founded by José N. Reyes in 2007 and is headquartered in Portland, OR.
  • On average, they predict the company’s share price to reach $12.17 in the next year.
  • The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
  • While NuScale Power Corporation (SMR) has witnessed steady revenue growth, it did not translate into its bottom-line improvement.
  • NuScale aims to seize opportunities by expanding its partnerships, securing new contracts, and exploring international markets.
  • Though NuScale Power may be a speculative investment, market gamblers should research SMR stock and the underlying potential ability to spark an energy paradigm shift.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. Compare

SMR’s historical performance

against its industry peers and the overall market. While NuScale Power Corporation (SMR) has witnessed steady revenue growth, it did not translate into its bottom-line improvement. With the stock exhibiting weak momentum, it’s not worth buying right now….

SMR Company Calendar

More value-oriented stocks tend to represent financial services, utilities, and energy stocks. NuScale Power Corporation faces risks and challenges that could impact its operations and financial performance. These include regulatory uncertainties, public perception of nuclear power, competition from alternative energy sources, and the complexity of nuclear project development. The company must navigate these challenges through effective risk management strategies, regulatory compliance, and continued innovation to mitigate potential negative impacts. NuScale Power Corporation is well-positioned to capitalize on various growth opportunities in the nuclear power industry. The company’s innovative SMR technology offers potential advantages such as reduced capital costs, enhanced safety features, and flexibility in deployment.

Credit Suisse AG Increases Position in NuScale Power Co. (NYSE … – MarketBeat

Credit Suisse AG Increases Position in NuScale Power Co. (NYSE ….

Posted: Tue, 05 Sep 2023 08:43:24 GMT [source]

NuScale aims to seize opportunities by expanding its partnerships, securing new contracts, and exploring international markets. The company’s ongoing research and development efforts could also lead to further technological advancements and potential applications beyond power generation. At the center of everything we gross sales vs net sales do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year.

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