Canaccord Genuity Lowers NuScale Power Stock Price Target

Analysts cut price objective from $60 to $25 but maintain buy rating on nuclear startup

Published on Feb. 27, 2026

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Stock analysts at Canaccord Genuity Group have lowered their price target on shares of NuScale Power (NYSE:SMR) from $60.00 to $25.00, though they maintained a "buy" rating on the stock. The firm cited weaker-than-expected near-term commercial traction and wider-than-anticipated losses for the nuclear startup as reasons behind the reduced price objective.

Why it matters

NuScale Power is a pioneering developer of small modular nuclear reactors, a technology seen as crucial for expanding carbon-free energy generation. The company's stock price has been volatile as it navigates the complex process of commercializing its novel nuclear technology, and Wall Street's shifting views on its near-term prospects could impact investor sentiment and the company's ability to secure future funding.

The details

In a research report, Canaccord Genuity analysts cited NuScale's large Q4 2025 earnings per share loss of $0.80, compared to a consensus estimate of $0.10, as well as revenue that came in well below expectations at around $1.8 million versus about $8.8 million. The analysts said these factors, along with concerns about the timing of revenue recognition and NuScale's cash burn rate, are driving investor worries and leading to the reduced price target, even as they maintain an overall positive view on the company's long-term potential.

  • On Friday, Canaccord Genuity Group issued the updated research report and price target.

The players

Canaccord Genuity Group

A global financial services firm that provides investment banking, advisory, equity research, sales and trading services.

NuScale Power

An American company that is a pioneering developer of small modular nuclear reactor technology, with the goal of delivering zero-carbon baseload power through scalable modular reactor designs.

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What’s next

Investors will be closely watching NuScale Power's progress in the coming months as the company works to commercialize its small modular nuclear reactor technology and secure additional project wins and partnerships. The outcome of any securities fraud litigation related to the company's disclosures will also be an important factor to monitor.

The takeaway

NuScale Power's stock price volatility underscores the challenges facing innovative nuclear technology companies as they seek to bring novel designs to market. While Wall Street analysts remain cautiously optimistic about NuScale's long-term potential, near-term execution risks and financial performance have led to a reduction in the company's near-term price target, highlighting the high stakes involved in the nuclear power industry's transformation.