NuScale Power (NYSE: SMR), a pioneer in small modular reactors (SMRs), has seen its stock price swing dramatically since its SPAC merger, peaking at $53.43 last October before settling at $12. The volatility stems from significant delays in its reactor deployment timeline, with initial plans to launch for RoPower pushed from 2027-2028 to 2030, and some analysts projecting operational status as late as 2033-2034.
The company’s unique SMRs, which are smaller and more adaptable than traditional reactors, have garnered interest due to their potential to be deployed in diverse locations. However, insider selling and a lack of recent purchases by executives suggest a cautious outlook. Revenue is expected to grow significantly from $76 million to $321 million between 2025 and 2028, primarily from engineering and licensing rather than actual reactor sales.
For market professionals, NuScale represents a high-risk, high-reward investment. While analysts predict substantial revenue growth, the path to profitability is fraught with potential setbacks that could impact stock valuations.
Source: fool.com