NuScale Power, listed on the NYSE as SMR, is a company with a promising nuclear power technology. They have designed a small modular nuclear reactor (SMR) that has received approval. However, despite this achievement, the company has not yet made a sale, making it a risky investment for all but the most daring investors.
The stock price of NuScale Power has plummeted by over 75% from its peak in the past year. This decline raises questions about what lies ahead for potential investors. The future of the company is uncertain, and the path forward is not straightforward.
Currently, NuScale Power is collaborating with a Romanian utility, RoPower, on a project to construct a nuclear power plant using six of their SMRs. While RoPower has given the green light for the project, funding has not been secured yet. This means that NuScale Power cannot consider this project a successful sale until financing is in place.
Additionally, NuScale Power is working on a project with the Tennessee Valley Authority and ENTRA1 Energy to build up to six gigawatts of nuclear capacity using their SMRs. However, this project is still in the planning stages and has not resulted in a sale for the company.
Despite these collaborations and projects in the pipeline, NuScale Power has yet to make a sale. The company has assembled a supply chain to manufacture its SMRs, but until they secure their first sale, their ability to operate as a profitable business remains unproven.
Investors in NuScale Power should be prepared for continued volatility in the stock price as the company works towards finalizing their first sale. Even after securing a sale, NuScale Power will face the challenge of building and delivering the nuclear reactors. This means that investors will need to exercise patience and take a long-term view on their investment.
While NuScale Power experienced a surge in stock price in 2025 due to the growing interest in nuclear power, the excitement has since waned. The company’s inability to secure a sale and its projected continued losses make it a risky investment. However, once NuScale Power finalizes its first sale, investor enthusiasm is likely to resurface, leading to another rally in the stock price.
In conclusion, investing in NuScale Power at this stage is a high-risk proposition. The company has a potentially exciting future ahead, but it still has much to prove before it can be considered a sustainable and profitable business. Only the most aggressive investors should consider buying stock in NuScale Power at this time.
