NuScale Power (SMR) Is Down 11.1% After Fluor Exit Plan And Commercialization Doubts - Has The Bull Case Changed?
Simply Wall St 3 min read
In this article:
In recent months, NuScale Power has faced mounting questions over its ability to turn its NRC‑approved small modular reactor design into firm, commercially viable projects, amid missed quarterly expectations, insider share sales and ongoing reliance on its ENTRA1 Energy partnership.
At the same time, the planned 2026 exit of major shareholder Fluor and the need to prove cost competitiveness versus gas and renewables have become central issues for investors assessing whether NuScale’s clean‑energy ambitions can translate into durable orders and funding.
We’ll now look at how concerns around NuScale’s commercialization timeline and Fluor’s planned stake sale reshape the company’s broader investment narrative.
These 10 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch.
NuScale Power Investment Narrative Recap
To own NuScale Power today, you have to believe its NRC‑approved SMR design can convert into firm orders and real plants before funding or partner patience runs thin. The sharp share price drop, missed Q3 expectations and insider sales all refocus attention on the same near term catalyst and risk: securing commercially viable ENTRA1 or other projects on schedule while managing dilution and Fluor’s 2026 exit. So far, the core thesis and main risk factors remain materially unchanged.
Against this backdrop, the expanded ENTRA1 framework, including up to 6 GW of potential deployments with the Tennessee Valley Authority and access to investment capital under the U.S. Japan framework, stands out. It directly relates to NuScale’s most important catalyst, because those ENTRA1 projects need to progress from framework and engineering work to firm contracts that can justify ongoing equity raises and the build out of long lead SMR modules.
Yet while the long term clean energy story is appealing, investors should also be aware that NuScale’s dependence on ENTRA1 projects means...
Read the full narrative on NuScale Power (it's free!)
NuScale Power's narrative projects $402.3 million revenue and $42.2 million earnings by 2028. This requires 121.5% yearly revenue growth and a $178.8 million earnings increase from $-136.6 million today.
Uncover how NuScale Power's forecasts yield a $38.35 fair value, a 89% upside to its current price.
Exploring Other Perspectives
Twelve fair value estimates from the Simply Wall St Community span from US$1.28 to US$38.35, showing very different views on NuScale’s potential. When you set that against the central risk of delayed long term contracts and ENTRA1 commercialization, it underlines why many investors choose to compare several perspectives before deciding how NuScale might fit in their portfolio.
Explore 12 other fair value estimates on NuScale Power - why the stock might be worth less than half the current price!
Build Your Own NuScale Power Narrative
Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.
A great starting point for your NuScale Power research is our analysis highlighting 1 key reward and 3 important warning signs that could impact your investment decision.
Our free NuScale Power research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate NuScale Power's overall financial health at a glance.
Curious About Other Options?
Right now could be the best entry point. These picks are fresh from our daily scans. Don't delay:
The end of cancer? These 29 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's.
Uncover the next big thing with financially sound penny stocks that balance risk and reward.
The latest GPUs need a type of rare earth metal called Neodymium and there are only 37 companies in the world exploring or producing it. Find the list for free.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include SMR.
