NuScale Power Shares Tumble 5.3% Amid Analyst Downgrades

Investors question whether it's time to sell the nuclear energy stock

Apr. 1, 2026 at 9:33pm by Ben Kaplan

Got story updates? Submit your updates here. ›

Shares of NuScale Power (NYSE:SMR) dropped 5.3% during mid-day trading on Wednesday, falling to $10.27 per share. The decline came as several Wall Street analysts downgraded the stock and cut their price targets, citing concerns about the company's future prospects.

Why it matters

NuScale Power is a pioneering developer of small modular nuclear reactors, a technology that could play a key role in the transition to clean energy. The stock's sharp decline raises questions about investor confidence in the company's ability to execute on its ambitious plans and compete in the rapidly evolving energy landscape.

The details

NuScale shares traded lower after Northland Securities downgraded the stock from 'market perform' to 'outperform' and lowered its price target from $21 to $20. Cantor Fitzgerald also cut its price objective from $55 to $20, while Citigroup decreased its target from $18.50 to $11.50. Overall, analysts are now divided on the stock, with one 'strong buy' rating, five 'buy' ratings, eight 'hold' ratings, and three 'sell' ratings.

  • NuScale Power shares closed at $10.84 on Tuesday, April 1, 2026.
  • The stock traded as low as $10.10 during Wednesday's session before closing at $10.27.

The players

NuScale Power Corporation

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

Northland Securities

An investment bank that recently downgraded NuScale Power's stock from 'market perform' to 'outperform' and lowered its price target.

Cantor Fitzgerald

A financial services firm that cut its price objective for NuScale Power from $55 to $20.

Citigroup

A global investment bank that decreased its price target for NuScale Power from $18.50 to $11.50.

Got photos? Submit your photos here. ›

What’s next

Investors will be closely watching to see if NuScale Power can regain investor confidence and execute on its growth plans in the face of these analyst downgrades.

The takeaway

The sharp decline in NuScale Power's stock price highlights the challenges facing the company as it seeks to commercialize its small modular nuclear reactor technology. Investors will need to weigh the company's long-term potential against the near-term headwinds it faces from a skeptical Wall Street.