NuScale Power (NYSE: SMR) has seen its shares decline nearly 33% this year, presenting a potential buying opportunity for investors ahead of its earnings report on May 7. The company specializes in small modular reactors (SMRs), which offer advantages like reduced construction times, lower initial costs, and enhanced safety features. With a projected $10 trillion market for new nuclear systems, SMRs are positioned to play a significant role in meeting the growing energy demands from sectors like artificial intelligence, particularly as data centers become increasingly energy-intensive.

The financial implications are substantial; while conventional nuclear plants can be cheaper per watt, their lengthy construction timelines often hinder timely energy delivery. In contrast, NuScale’s SMRs could be operational by 2030, providing a cleaner, faster solution to rising energy needs.

Investors may want to consider entering NuScale now to capitalize on potential volatility ahead of the earnings call. Major updates regarding client contracts or construction progress could significantly impact stock performance, making early positioning advantageous.

Source: fool.com