Northland Securities Upgrades NuScale Power to "Outperform"

Analysts raise price target to $21, citing potential upside for nuclear energy company

Published on Feb. 27, 2026

Got story updates? Submit your updates here. ›

Northland Securities, an equity research firm, has upgraded shares of NuScale Power (NYSE:SMR) from a "market perform" rating to an "outperform" rating. The firm also set a new price target of $21 for the company, suggesting a potential upside of 57.19% from the stock's previous close.

Why it matters

This upgrade by a prominent research firm signals increased optimism about NuScale Power's prospects in the small modular nuclear reactor market. As the industry navigates challenges around commercialization and regulatory hurdles, positive analyst sentiment could boost investor confidence and support the company's growth initiatives.

The details

In their research note, Northland Securities cited NuScale's progress in advancing its VOYGR small modular reactor design and the company's efforts to secure project wins and regulatory approvals. The analysts believe these developments position NuScale for potential upside in the coming years.

  • Northland Securities issued the research note and upgrade on Friday, February 27, 2026.

The players

Northland Securities

An equity research firm that provides investment analysis and recommendations to institutional and retail investors.

NuScale Power

A pioneering developer of small modular nuclear reactors, headquartered in Portland, Oregon. The company is trading on the NYSE American under the ticker symbol SMR.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, Grocery employee (Instagram)

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.