NuScale Power Corp

NuScale Power Corp. provides proprietary and advanced light water nuclear small modular reactor technology. It supplies energy for electrical generation, district heating, desalination, hydrogen production and other process heat applications. The firm offers NuScale Power Module (NPM), a small, safe pressurized water reactor, which generates 77 MWe of electricity and also offers the four-module VOYGR-4 (308 MWe) and six-module VOYGR-6 (462 MWe) and other configurations based on customer needs. The company was founded by José N. Reyes in 2007 and is headquartered in Portland, OR.

Earnings data Q2 2022

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NuScale achieves milestones, eyes customer growth amidst financial challenges

NuScale Power Corp had a successful Q4 2022, achieving key milestones and expanding its customer base.
The company is well-positioned in the clean energy sector, with a focus on managing financial challenges and seizing growth opportunities.
Despite facing higher cash use and inflationary pressures, NuScale remains confident in its ability to navigate market dynamics.
NuScale's commitment to stakeholders and strategic initiatives underscore its resilience and potential for future growth.

NuScale Power Corp excels in Q1, poised for global growth

NuScale Power Corp's Q1 2023 performance reflects strong momentum towards commercialization and technological advancement in the SMR industry.
With a solid financial position, strategic partnerships, and regulatory progress, NuScale is well-equipped to capitalize on the growing demand for carbon-free power.
While facing challenges in scaling up and securing funding, NuScale's focus on innovation and global expansion presents significant opportunities for future growth.

NuScale advances SMR commercialization with strong financial discipline

NuScale demonstrated progress in commercializing their SMR technology and maintaining strong financial discipline.
Key strengths include NRC approval, financial stability, strategic partnerships, and focus on decarbonization efforts.
Challenges lie in partnership leverage, financial management, milestone execution, and balancing financial flexibility.
Opportunities exist in partnership growth, upcoming Analyst Day, decarbonization initiatives, and enhanced financial flexibility.

NuScale advances SMR technology globally, eyes growth in Europe

NuScale Power Corp is making strides in commercializing SMR technology through strategic partnerships and project developments.
Despite challenges in the nuclear power industry, NuScale's investments, scalability, and industry position bode well for future growth.
The company's focus on cash management, readiness for deployment, and global interest in their technology position them as leaders in the space.

NuScale reports progress in SMR technology and strategic partnerships

NuScale's Q4 2023 earnings call highlighted progress in regulatory approvals, customer relationships, and strategic financial planning amidst short-term challenges.
The company's strengths lie in strong partnerships, market positioning, and a focused approach to cost management and revenue generation.
While facing financial challenges and analyst scrutiny, NuScale remains poised to capitalize on opportunities in clean energy and global market expansion.

NuScale reports Q1 earnings, focuses on clean power demand

NuScale's Q1 2024 earnings call highlighted financial results, increasing demand for clean power, and progress in manufacturing NuScale power modules. Despite financial challenges, strategic initiatives aim to drive savings and maintain liquidity. The company's focus on nuclear energy and strong cash position present growth opportunities.

NuScale reports Q2 earnings, focuses on partnerships and growth opportunities

NuScale's Q2 2024 earnings call highlighted strategic partnerships, readiness for deployment, and a focus on managing liquidity and shareholder value.
The company faces financial challenges but benefits from bipartisan support, new funding opportunities, and a growing market for nuclear energy solutions.
Opportunities lie in partnerships for SMR deployment, participation in competitions, and leveraging the demand for clean, reliable baseload power.
Overall, NuScale's performance reflects a commitment to innovation, sustainability, and seizing opportunities in the evolving energy landscape.

NuScale Power Corp reports strong Q3 performance and global expansion

NuScale is capitalizing on the demand for energy from data centers and the shift towards carbon-free energy with its SMR technology.
The company's financial performance improved in Q3 2024, with progress in manufacturing and regulatory approvals.
While facing challenges in regulatory approval and competition, NuScale sees opportunities in international expansion and partnerships.

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NuScale Power Corp. provides proprietary and innovative advanced small modular reactor (SMR) nuclear technology, with a mission to help power the global energy transition by delivering safe, scalable, and reliable carbon-free energy. Its products include VOYGR SMR Plants and Energy Exploration (E2) Centers. The company was founded by José N. Reyes in 2007 and is headquartered in Corvallis, OR.

PORTLAND, Ore.--(BUSINESS WIRE)--NuScale Power Corporation today announced results for the first quarter ended March 31, 2024.

NuScale Power Reports First Quarter 2024 Results

NuScale's (SMR) Q1 performance is likely to have been cushioned by increasing demand for safe and clean energy along with cost cutting efforts.

Here's How NuScale (SMR) is Placed Just Ahead of Q1 Earnings

PORTLAND, Ore.--(BUSINESS WIRE)--NuScale Power announced it will host a conference call to review first quarter 2024 results on Thursday, May 9, 2024, at 5:00 p.m. ET.

NuScale Power to Hold First Quarter 2024 Earnings Conference Call on May 9, 2024

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The global shift towards clean energy sources has intensified the search for reliable and scalable alternatives to fossil fuels. While the solar and wind power sectors have captured significant attention, a renewed interest in nuclear energy is emerging.

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NuScale Power is a US-based company that designs and develops small and modular nuclear reactors. SMR stock has had underwhelming performance since going public, but has gained momentum recently and is up 82% year-to-date. The company has faced financial challenges, including cash burn and net losses, but opportunities in the data center industry and potential government grants could be catalysts for commercialization.

NuScale Power: Attractive, Yet High-Risk Nuclear Energy Business

NuScale reported a big loss last week but won an endorsement from Canaccord Genuity anyway. Wells Fargo then warned that the stock is riskier than investors think, sparking a sell-off.

Why NuScale Power Stock Keeps Going Down

NuScale energy stock zoomed higher on a price-target hike from Canaccord Genuity yesterday. Today, a downgrade to sell from Wells Fargo is taking a big toll on the stock.

Why NuScale Power Stock Tumbled 33% Today

NuScale Power (NYSE: SMR ) stock is in the news Tuesday after analysts at Wells Fargo cut their price target for the nuclear power plant company's shares. This new drop has the firm's analysts decreasing the price target for SMR stock from $7.50 per share to $4.50 per share.

Wells Fargo Just Slashed Its Price Target on NuScale Power (SMR) Stock

NuScale Power (NYSE: SMR ) stock is up a staggering 29% today after Canaccord Genuity analysts raised its price target to $8 per share from $4.25. Indeed, with today's gains, NuScale's rally only continues from its promising fourth-quarter earnings report last week.

Canaccord Just Raised Its Price Target on NuScale Power (SMR) Stock

The green energy revolution tends to revolve around certain clean energy types. Most notably, wind, solar and battery technology continues to improve, and that's where most investors continue to focus most intently on.

SMR Stock Alert: The $4 BILLION Reason NuScale Power Is Up Today

NuScale Power nearly doubled its revenue last year but reported a big net loss. On Monday, Canaccord Genuity nearly doubled its price target on the stock to match.

Why NuScale Power Stock Exploded 27% Higher Today

NuScale Power Corporation (NYSE:SMR) Q4 2023 Earnings Conference Call March 14, 2024 5:00 PM ET

NuScale Power Corporation (SMR) Q3 2023 Earnings Call Transcript

PORTLAND, Ore.--(BUSINESS WIRE)--NuScale Power announced results for the fourth quarter and full year ended December 31, 2023.

NuScale Power Reports Fourth Quarter and Full Year 2023 Results

NuScale Power reports Q4 earnings on Thursday. Investors expect to see sales more than double and losses decline.

Why NuScale Power Stock Keeps Going Up

PORTLAND, Ore.--(BUSINESS WIRE)--NuScale Power announced that its management is scheduled to participate in several institutional investor conferences in March and April 2024.

NuScale Power to Participate in March and April 2024 Investor Conferences

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PORTLAND, Ore.--(BUSINESS WIRE)--NuScale will host a conference call to review fourth quarter and full year 2023 results on Thursday, March 14, 2024, at 5:00 p.m. ET.

NuScale Power to Hold Fourth Quarter and Full Year 2023 Earnings Conference Call on March 14, 2024

NEW YORK , Jan. 16, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in NuScale Power Corporation ("NuScale" or the "Company") (NYSE: SMR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of NuScale investors who were adversely affected by alleged securities fraud between March 15, 2023 and November 8, 2023.

SHAREHOLDER ALERT: Levi & Korsinsky Notifies NuScale Power Corporation(SMR) Investors of a Class Action Lawsuit and Upcoming Deadline

LOS ANGELES, CA / ACCESSWIRE / January 16, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against NuScale Power Corporation ("NuScale" or "the Company") (NYSE:SMR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 15, 2023 and November 8, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before January 16, 2024.

FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in NuScale Power Corporation with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against NuScale Power Corporation ("NuScale" or "the Company") (NYSE:SMR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 15, 2023 and November 8, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before January 16, 2024.

FINAL DEADLINE TUESDAY: The Schall Law Firm Encourages Investors in NuScale Power Corporation with Losses of $100,000 to Contact the Firm

NEW YORK , Jan. 14, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against NuScale Power Corporation ("NuScale" or the "Company") (NYSE: SMR). The class action, filed in the United States District Court for the District of Oregon, and docketed under 23-cv- 01956, is on behalf of the class of all persons and entities ("Class") that purchased or otherwise acquired NuScale securities between March 15, 2023 and November 8, 2023 ("Class Period").

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in NuScale Power Corporation of Class Action Lawsuit and Upcoming Deadline - SMR

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of NuScale Power Corporation (NYSE: SMR) between March 15, 2023 and November 8, 2023, both dates inclusive (the “Class Period”), of the important January 16, 2024 lead plaintiff deadline. SO WHAT: If you purchased NuScale securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

SMR DEADLINE TUESDAY: ROSEN, LEADING INVESTOR COUNSEL, Encourages NuScale Power Corporation Investors to Secure Counsel Before Important January 16 Deadline in Securities Class Action – SMR

NEW YORK , Jan. 12, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of NuScale Power Corporation. Shareholders who purchased shares of SMR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of NuScale Power Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of January 16, 2024 - (NYSE: SMR)

LOS ANGELES, CA / ACCESSWIRE / January 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against NuScale Power Corporation ("NuScale" or "the Company") (NYSE:SMR) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 15, 2023 and November 8, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before January 16, 2024.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in NuScale Power Corporation with Losses of $100,000 to Contact the Firm

If you suffered losses exceeding $50,000 investing in NuScale securities between March 15, 2023 and November 8, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330  (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/SMR.

NUSCALE INVESTOR DEADLINE APPROACHING: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In NuScale To Contact Him Directly To Discuss Their Options

News for NuScale Power Corp Stock (SMR)