NuScale Power Shares Surge 10.8% on Positive News

The nuclear energy company's stock price jumped after a series of analyst updates.

Apr. 17, 2026 at 10:42pm by

Got story updates? Submit your updates here. ›

An extreme close-up of a complex array of metal gears, pipes, and sensors, conceptually representing the sophisticated engineering and infrastructure behind nuclear power generation.NuScale Power's small modular reactor technology aims to transform the nuclear energy industry through scalable, passive safety designs.Portland Today

Shares of NuScale Power (NYSE:SMR) rose 10.8% on Friday, trading as high as $13.30 per share. The increase came after several brokerages weighed in on the company, with some issuing buy ratings and others downgrading the stock to hold. NuScale Power is a developer of small modular nuclear reactors based in Portland, Oregon.

Why it matters

NuScale Power's technology aims to transform traditional nuclear energy deployment, offering a scalable modular reactor design with passive safety systems. The company's stock performance and analyst coverage provide insight into investor sentiment around the future of nuclear power as a zero-carbon energy source.

The details

The surge in NuScale Power's stock price on Friday was driven by a mix of analyst actions. Weiss Ratings reissued a 'sell' rating on the shares, while TD Cowen downgraded the stock from 'buy' to 'hold'. However, Northland Securities upgraded NuScale from 'market perform' to 'outperform' and set a $21 price target. Overall, the company has a 'Hold' rating from analysts, with five 'Buy' recommendations, eight 'Hold' ratings, and three 'Sell' ratings.

  • NuScale Power's 50-day moving average is $12.25, and its 200-day moving average is $21.08.
  • On Thursday, April 9th, Director Corp Fluor sold 13,500,000 shares of NuScale Power stock at an average price of $12.07.

The players

NuScale Power Corporation

A pioneering developer of small modular nuclear reactors, headquartered in Portland, Oregon. The company was established in 2007 as a spinout from Oregon State University.

Weiss Ratings

A research firm that reissued a 'sell' rating on NuScale Power's shares.

TD Cowen

An investment bank that downgraded NuScale Power from 'buy' to 'hold' rating.

Northland Securities

An investment firm that upgraded NuScale Power from 'market perform' to 'outperform' and set a $21 price target.

Corp Fluor

A director at NuScale Power who sold 13.5 million shares of the company's stock on April 9th.

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

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

— Gordon Edgar, Grocery employee

What’s next

The company is expected to report its next quarterly earnings results in the coming weeks, which will provide further insight into its financial performance and outlook.

The takeaway

NuScale Power's stock volatility and mixed analyst coverage highlight the ongoing debate around the role of nuclear power in the transition to renewable energy sources. As the company continues to develop its small modular reactor technology, investor interest and regulatory approval will be key factors in determining its long-term success.