- NuScale Power (SMR, Financial) secures approval for its 77 MW modular reactor design, marking a key step in its journey to lead the U.S. nuclear innovation.
- Analysts suggest a one-year price target for NuScale Power with significant potential risks from the current valuation.
- NuScale's "Outperform" recommendation signals positive expectations among brokers despite downside risks.
NuScale Power: A Leap Forward in Nuclear Technology
The U.S. Nuclear Regulatory Commission has given the green light to NuScale Power's (SMR) ambitious design for 77 MW modular reactors, a significant stride in the company's mission to pioneer this groundbreaking technology in the United States. This approval, which follows an earlier sanction of a 50 MW design, reinforces NuScale's strategic objective to roll out these reactors by the decade's close.
Wall Street Analysts' Projections for NuScale Power
With insights from 10 seasoned analysts, NuScale Power Corp (SMR, Financial) holds an average one-year price target of $24.18, ranging from a high estimate of $41.00 to a low of $4.50. This average target suggests a potential downside of 26.76% compared to its current market price of $33.02. For more in-depth projections, explore the NuScale Power Corp (SMR) Forecast page.
Brokerage Recommendations and Value Assessment
The consensus among 11 brokerage firms awards NuScale Power Corp (SMR, Financial) an average recommendation of 2.4, interpreted as "Outperform." This rating falls on a scale from 1 to 5, where 1 represents a Strong Buy and 5 indicates a Sell status.
Further analysis by GuruFocus estimates the GF Value for NuScale Power Corp (SMR, Financial) in one year's time to be $23.59, forecasting a potential downside of 28.55% from its present price of $33.015. The GF Value reflects GuruFocus' calculation of the stock's fair trading value, taking into account historical trading multiples, past growth, and projected future performance. For a comprehensive overview, visit the NuScale Power Corp (SMR) Summary page.
