NuScale Power shares climb as investors refocus on the TVA–ENTRA1 SMR deployment plan

NuScale Power Corporation (SMR) is up 8.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to renewed investor attention on NuScale’s commercialization pathway through its partner ENTRA1 Energy, including the previously announced collaborative program with the Tennessee Valley Authority (TVA) to develop up to 6 gigawatts of SMR capacity. With no single, clearly identifiable “new” filing driving the tape today, part of the spike could also be momentum and positioning around NuScale’s recent quarterly update and the broader “advanced nuclear” theme.

Details:

ENTRA1 Energy and TVA announced a collaborative agreement aimed at developing plants that could provide TVA with up to 6 GW of new nuclear generation across its seven-state region, using NuScale’s SMR technology.

NuScale publicly highlighted its support for the TVA–ENTRA1 program and described it as a multi-plant deployment concept built around multiple NuScale power modules.

In its May 7, 2026 quarterly materials and accompanying filed exhibit, NuScale emphasized its ENTRA1 relationship and discussed readiness steps toward commercialization and project development activity.

Separately, NuScale has continued to advance technical supply-chain items, including contracted work related to fuel design support announced earlier in 2026.

Sources:

Business Wire, SEC, NuScale Power, PR Newswire

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 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 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 5 sales selling 111,400,219 shares for an estimated $1,831,396,560.
ROBERT RAMSEY HAMADY (Chief Financial Officer) has made 0 purchases and 2 sales selling 58,570 shares for an estimated $1,113,725.
JOHN LAWRENCE HOPKINS (Chief Executive Officer) sold 82,667 shares for an estimated $1,010,190
CARL M. FISHER (Chief Operating Officer) has made 0 purchases and 3 sales selling 71,474 shares for an estimated $894,108.
JOSE N JR REYES (Chief Technology Officer) sold 25,951 shares for an estimated $317,121
CLAYTON SCOTT (Chief Commercial Officer) sold 22,478 shares for an estimated $274,681
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 303 institutional investors add shares of $SMR stock to their portfolio, and 263 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

VAN ECK ASSOCIATES CORP added 8,517,399 shares (+74.0%) to their portfolio in Q1 2026, for an estimated $92,328,605
MAREX GROUP PLC added 7,196,478 shares (+378.4%) to their portfolio in Q1 2026, for an estimated $78,009,821
CLEAR STREET GROUP INC. removed 7,063,501 shares (-79.9%) from their portfolio in Q1 2026, for an estimated $76,568,350
RENAISSANCE TECHNOLOGIES LLC added 5,455,800 shares (+inf%) to their portfolio in Q1 2026, for an estimated $59,140,872
VANGUARD GROUP INC added 4,482,254 shares (+40.5%) to their portfolio in Q4 2025, for an estimated $63,513,539
MARSHALL WACE, LLP added 3,854,047 shares (+849.7%) to their portfolio in Q1 2026, for an estimated $41,777,869
VOLORIDGE INVESTMENT MANAGEMENT, LLC removed 3,457,486 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $37,479,148

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 9 analysts offer price targets for $SMR in the last 6 months, with a median target of $14.0.

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
Jon Windham from UBS set a target price of $13.0 on 03/18/2026
Brian Lee from Goldman Sachs set a target price of $14.0 on 03/02/2026
Christopher Dendrinos from RBC Capital set a target price of $14.0 on 03/02/2026
George Gianarikas from Canaccord Genuity set a target price of $25.0 on 02/27/2026

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.