SMR Stock Price NuScale Power Corp Stock Quote U.S.: NYSE

• by siteadmin
• June 2, 2021

More value-oriented stocks tend to represent financial services, utilities, and energy stocks. NuScale Power Corporation faces risks and challenges that could impact its operations and financial performance. These include regulatory uncertainties, public perception of nuclear power, competition from alternative energy sources, and the complexity of nuclear project development. The company must navigate these challenges through effective risk management strategies, regulatory compliance, and continued innovation to mitigate potential negative impacts. NuScale Power Corporation is well-positioned to capitalize on various growth opportunities in the nuclear power industry. The company’s innovative SMR technology offers potential advantages such as reduced capital costs, enhanced safety features, and flexibility in deployment.

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CFO Chris Colbert Sells 89,786 Shares of NuScale Power Corp (SMR)

John L. Hopkins serves as the President, Chief Executive Officer, and Director of NuScale Power Corporation. With a background in nuclear energy and a track record of leadership in the industry, Hopkins plays a pivotal role in steering the company toward success. Chris Colbert is the Chief Financial Officer overseeing the company’s financial operations. With his finance and business strategy expertise, Colbert ensures effective financial management and supports NuScale’s growth objectives. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes.

For example, a price above its moving average is generally considered an upward trend or a buy. NuScale Power Corporation operates in the dynamic and evolving nuclear power industry. The company is positioned within the heating equipment sector of the computer and technology industry.

Stock Price Target SMR

NuScale Power Corp. engages in the commercialization of a modular, scalable 77 megawatt electric Light Water Reactor nuclear power plant using rights to a nuclear power plant https://1investing.in/ design. 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 Portland, OR.

SMR’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

Earnings Scheduled For August 9, 2023

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. NuScale Power’s stock was trading at $10.26 at the beginning of the year. Since then, SMR shares have decreased by 38.0% and is now trading at $6.36. Investors and industry analysts have closely watched NuScale Power Corporation’s financial performance. NuScale Power Corporation has strategically invested in research, development, and deployment activities to advance its SMR technology.

NuScale aims to seize opportunities by expanding its partnerships, securing new contracts, and exploring international markets. The company’s ongoing research and development efforts could also lead to further technological advancements and potential applications beyond power generation. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year.

3 brokerages have issued 12 month price objectives for NuScale Power’s stock. On average, they predict the company’s share price to reach $12.17 in the next year. This suggests a possible upside of 91.3% from the stock’s current price.

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Data may be intentionally delayed pursuant to supplier requirements. NuScale Power Corporation has achieved several notable milestones in its journey toward commercializing its SMR technology. Nuclear Regulatory Commission (NRC) completed its review of NuScale’s Design Certification Application, marking a significant regulatory milestone for the company. This achievement demonstrated the viability and safety of NuScale’s innovative SMR design. Though NuScale Power may be a speculative investment, market gamblers should research SMR stock and the underlying potential ability to spark an energy paradigm shift.

• A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
• The technique has proven to be very useful for finding positive surprises.
• John L. Hopkins serves as the President, Chief Executive Officer, and Director of NuScale Power Corporation.

View analysts price targets for SMR or view top-rated stocks among Wall Street analysts. The company has established strategic collaborations and partnerships with industry leaders to advance its technology and facilitate commercialization. NuScale Power Corporation primarily targets the global nuclear power industry.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

With the increasing demand for clean and sustainable energy sources, NuScale’s SMRs offer a promising solution to meet the electricity needs of various regions. The company aims to partner with utilities, energy companies, and government entities to deploy its SMR technology worldwide. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.

The Barchart Technical Opinion rating is a 88% Sell with a Weakening short term outlook on maintaining the current direction. One share of SMR stock can currently be purchased for approximately $6.36. The company is scheduled to release its next quarterly earnings announcement on Friday, November 10th 2023. Furthermore, NuScale Power Corporation secured contracts to deploy its SMR technology in various regions, including the United States, Canada, and Europe.

• They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.
• Nuclear Regulatory Commission (NRC) completed its review of NuScale’s Design Certification Application, marking a significant regulatory milestone for the company.
• Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
• The monthly returns are then compounded to arrive at the annual return.
• This groundbreaking SMR design can generate up to 60 megawatts of electricity.

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3 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for NuScale Power in the last twelve months. The consensus among Wall Street research analysts is that investors should “hold” SMR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SMR, but not buy additional shares or sell existing shares.

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These contracts showcase the growing interest and confidence in NuScale’s SMR technology as a sustainable and reliable energy solution. The technique has proven to be very useful for finding positive surprises. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The scores are based on the trading styles of Value, Growth, and Momentum.

Energy demand, regulatory frameworks, environmental concerns, and technological advancements shape the industry landscape. NuScale’s SMR technology provides a competitive advantage in terms of safety, efficiency, and scalability compared to traditional large-scale reactors. Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to amortization meaning in banking compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. The leadership team at NuScale Power Corporation comprises seasoned professionals with extensive experience in the nuclear power industry and related fields.

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More value-oriented stocks tend to represent financial services, utilities, and energy stocks. NuScale Power Corporation faces risks and challenges that could impact its operations and financial performance. These include regulatory uncertainties, public perception of nuclear power, competition from alternative energy sources, and the complexity of nuclear project development. The company must navigate these challenges through…