NuScale Power shares jump as UK small-modular-reactor funding deal boosts sentiment across nuclear sector

NuScale Power Corporation (SMR) is up 7.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The move looks largely sentiment-driven, as investors bid up U.S.-listed SMR names after the U.K. announced new financing and a major contract to kick off development of three small modular reactors with Rolls-Royce’s SMR unit. Separately, recent large-shareholder monetization disclosures have kept SMR’s trading volatile, which can amplify sector news via short-covering and fast money flows.

Details:

The U.K.’s National Wealth Fund announced up to £599 million of financing to support Rolls-Royce SMR’s development work and said a contract was signed that enables immediate work to begin on delivering three SMRs.

Rolls-Royce stated the agreement with Great British Energy – Nuclear is a two-stage contract covering site-specific design preparations for the Wylfa (Anglesey) site and ordering certain long lead-time equipment.

In a Schedule 13D/A filing, Fluor-related entities disclosed that 13.5 million NuScale Class A shares were sold on April 9, 2026 at $12.0665 per share, and that the reporting group’s beneficial ownership stood at 7.8% as of the amendment.

This combination of sector-positive SMR headlines and ongoing ownership reshuffling could help explain an outsized one-day bounce even without a company-specific NuScale announcement.

Sources:

SEC EDGAR, National Wealth Fund (UK), Rolls-Royce, The Motley Fool

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 12 times in the past 6 months. Of those trades, 0 have been purchases and 12 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 84,963,747 shares for an estimated $1,521,530,246.
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.

$SMR Hedge Fund Activity

We have seen 267 institutional investors add shares of $SMR stock to their portfolio, and 232 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

VAN ECK ASSOCIATES CORP added 6,227,747 shares (+117.8%) to their portfolio in Q4 2025, for an estimated $88,247,174
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 5,174,202 shares (-79.5%) from their portfolio in Q4 2025, for an estimated $73,318,442
CLEAR STREET GROUP INC. added 4,518,185 shares (+104.5%) to their portfolio in Q4 2025, for an estimated $64,022,681
VANGUARD GROUP INC added 4,482,254 shares (+40.5%) to their portfolio in Q4 2025, for an estimated $63,513,539
SAMSUNG C&T CORP removed 3,600,000 shares (-69.4%) from their portfolio in Q4 2025, for an estimated $51,012,000
VOLORIDGE INVESTMENT MANAGEMENT, LLC added 3,457,486 shares (+inf%) to their portfolio in Q4 2025, for an estimated $48,992,576
SUSQUEHANNA INTERNATIONAL GROUP, LLP added 3,120,523 shares (+255.0%) to their portfolio in Q4 2025, for an estimated $44,217,810

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$SMR Analyst Ratings

Wall Street analysts have issued reports on $SMR in the last several months. We have seen 1 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

Cantor Fitzgerald issued a "Overweight" rating on 10/21/2025
Citigroup issued a "Sell" rating on 10/21/2025

To track analyst ratings and price targets for $SMR, check out Quiver Quantitative's $SMR forecast page.

$SMR Price Targets

Multiple analysts have issued price targets for $SMR recently. We have seen 8 analysts offer price targets for $SMR in the last 6 months, with a median target of $14.5.

Here are some recent targets:

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
Vikram Bagri from Citigroup set a target price of $11.5 on 03/02/2026
George Gianarikas from Canaccord Genuity set a target price of $25.0 on 02/27/2026
Christine Cho from Barclays set a target price of $15.0 on 02/24/2026
Derek Soderberg from Cantor Fitzgerald set a target price of $20.0 on 02/24/2026

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.