NuScale Power Shares Hit New 52-Week Low Amid Litigation Concerns

Investors Weigh Potential Risks and Opportunities for the Nuclear Startup

Apr. 2, 2026 at 2:34pm by Ben Kaplan

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Shares of NuScale Power (NYSE:SMR) have hit a new 52-week low, trading as low as $9.66 per share. The drop comes amid a wave of securities class-action lawsuits alleging potential misstatements or omissions related to the company's commercialization strategy. While the nuclear startup has formed promising industry partnerships and received positive market commentary, the legal overhang is pressuring sentiment and share liquidity.

Why it matters

NuScale's small modular reactor (SMR) technology is seen as a potential game-changer for the nuclear industry, offering a scalable, safer, and more cost-effective alternative to traditional large-scale reactors. However, the company's recent legal troubles could undermine investor confidence and slow its commercial rollout if not addressed effectively.

The details

The share price decline follows multiple law firms announcing securities class-action filings or investor notices alleging misstatements or omissions tied to NuScale's commercialization strategy during the May 13 to November 6, 2025 period. Firms are soliciting lead plaintiffs with an April 20, 2026 deadline, adding legal risk and potential management distractions. Separately, notices have flagged potential Section 20(a) individual liability for NuScale's CEO and CFO, increasing the legal stakes.

  • NuScale's share price hit a new 52-week low of $9.66 on April 2, 2026.
  • Law firms have set an April 20, 2026 deadline for lead plaintiffs in the securities class-action lawsuits.

The players

NuScale Power Corporation

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

John Lawrence Hopkins

The CEO of NuScale Power.

Carl M. Fisher

The COO of NuScale Power.

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What they’re saying

“We must address these legal concerns head-on to maintain investor confidence and continue our mission of delivering safe, scalable nuclear power solutions.”

— John Lawrence Hopkins, CEO, NuScale Power

What’s next

The judge in the class-action lawsuits will decide on April 20, 2026 whether to allow the cases to proceed, which could further impact NuScale's share price and commercial momentum.

The takeaway

NuScale's legal troubles highlight the challenges faced by innovative nuclear startups in navigating the complex regulatory and public perception landscape. Resolving these issues will be crucial for the company to unlock the full potential of its SMR technology and deliver on its mission of transforming the nuclear energy industry.