NuScale Power gains as investors appear to lean into recent commercialization milestones

NuScale Power Corporation (SMR) is up 10.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be continued bullish sentiment around NuScale’s commercialization progress rather than a single fresh same-day headline. This could be because investors are revisiting the company’s recent manufacturing, project-development, and deployment-readiness updates while nuclear names remain highly momentum-driven.

Details:

NuScale’s latest investor materials highlight ongoing work tied to a potential large U.S. deployment program with ENTRA1 Energy and the Tennessee Valley Authority, with discussions continuing toward a definitive power purchase agreement.

In early September, the company announced a manufacturing milestone with MillenniTEK involving first-of-a-kind boron-oxide pellets for a passive emergency core cooling application, which supports supply-chain and component-readiness efforts.

In August, NuScale reported second-quarter 2026 results and said it ended the quarter with about $1.9 billion in cash, cash equivalents, and investments, giving it meaningful liquidity for near-term commercialization work.

The company also recently rolled out nuclear-specific AI tools for engineering and knowledge-management workflows, a step aimed at speeding internal execution as projects move closer to deployment.

Sources:

NuScale Power, SEC, AP News

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$SMR Insider Trading Activity

$SMR insiders have traded $SMR stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.

Here’s a breakdown of recent trading of $SMR stock by insiders over the last 6 months:

CORP FLUOR has made 0 purchases and 3 sales selling 39,936,472 shares for an estimated $472,764,063.
ROBERT RAMSEY HAMADY (Chief Financial Officer) has made 0 purchases and 3 sales selling 49,880 shares for an estimated $483,432.
SHINJI FUJINO sold 20,000 shares for an estimated $177,160
CARL M. FISHER (Chief Operating Officer) sold 18,771 shares for an estimated $175,734
DAVID A TONNEL (Chief Accounting Officer) sold 2,290 shares for an estimated $27,125

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$SMR Hedge Fund Activity

We have seen 328 institutional investors add shares of $SMR stock to their portfolio, and 221 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. added 13,008,142 shares (+101.2%) to their portfolio in Q2 2026, for an estimated $130,471,664
VAN ECK ASSOCIATES CORP added 9,278,802 shares (+46.3%) to their portfolio in Q2 2026, for an estimated $93,066,384
TWO SIGMA INVESTMENTS, LP added 7,932,077 shares (+213.0%) to their portfolio in Q2 2026, for an estimated $79,558,732
MAREX GROUP PLC added 7,196,478 shares (+378.4%) to their portfolio in Q1 2026, for an estimated $78,009,821
RENAISSANCE TECHNOLOGIES LLC removed 5,455,800 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $54,721,674
VOLORIDGE INVESTMENT MANAGEMENT, LLC removed 3,457,486 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $37,479,148
STATE STREET CORP added 3,124,774 shares (+88.3%) to their portfolio in Q2 2026, for an estimated $31,341,483

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$SMR Price Targets

Multiple analysts have issued price targets for $SMR recently. We have seen 3 analysts offer price targets for $SMR in the last 6 months, with a median target of $13.0.

Here are some recent targets:

Vikram Bagri from Citigroup set a target price of $7.0 on 05/11/2026
Ryan Pfingst from B. Riley Securities set a target price of $19.0 on 04/24/2026
Samantha Hoh from HSBC set a target price of $13.0 on 04/23/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.