NuScale Power Shares Down 3% Amid Analyst Price Target Cuts

The nuclear energy company faces headwinds as analysts adjust their outlooks.

Published on Mar. 5, 2026

Got story updates? Submit your updates here. ›

Shares of NuScale Power Corporation (NYSE:SMR) fell 3% in trading on Thursday, with the stock trading as low as $11.75. The decline came as several brokerages reduced their price targets on the company's stock, citing factors like a sector perform rating from Royal Bank of Canada and a downgrade to hold from TD Cowen. NuScale Power, a developer of small modular nuclear reactors, has seen its stock price fluctuate amid shifting analyst sentiment.

Why it matters

NuScale Power's performance is closely watched as the company aims to commercialize its small modular reactor technology, which it believes can transform traditional nuclear energy deployment. Analyst price target adjustments and rating changes can significantly impact investor sentiment and the stock's trajectory.

The details

The decline in NuScale Power's stock price on Thursday was driven by a number of analyst actions. Royal Bank of Canada reduced its price target on the shares from $21 to $14 and maintained a sector perform rating. UBS Group set a $20 target price on the stock. Meanwhile, Wall Street Zen downgraded NuScale Power from hold to sell, and TD Cowen shifted its rating from buy to hold.

  • NuScale Power's stock closed at $12.54 on the previous trading day.

The players

NuScale Power Corporation

A pioneering developer of small modular nuclear reactors, headquartered in Portland, Oregon.

Royal Bank of Canada

A major Canadian multinational financial services company that has issued a sector perform rating and reduced price target for NuScale Power.

UBS Group

A global financial services firm that has set a $20 target price on NuScale Power's stock.

Wall Street Zen

A financial research and analysis firm that has downgraded NuScale Power from hold to sell.

TD Cowen

An investment bank that has shifted its rating on NuScale Power from buy to hold.

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)

The takeaway

NuScale Power's stock performance is being closely watched as the company seeks to commercialize its small modular reactor technology. Shifting analyst sentiment, as reflected in price target cuts and rating changes, can significantly impact investor perceptions and the stock's trajectory.