NuScale Power Shares Face Unrelenting Decline

NuScale Power’s third-quarter 2025 financial performance has triggered significant market concern as the small modular reactor developer reported substantial earnings misses and extended its downward trajectory. The company’s latest results have intensified questions about its ability to transform technological leadership into sustainable financial performance.

Market Reaction to Quarterly Results

Following the earnings release, NuScale Power shares declined by more than 3% on Friday, marking their seventh consecutive session of losses. Trading activity surged dramatically, with volume spiking 81% higher than normal levels, indicating substantial selling pressure. The stock has now lost nearly half its value within a ten-day period.

The financial figures revealed a challenging quarter, with the company reporting a loss of $1.85 per share, significantly wider than analysts had projected. The $1.74 per share miss against expectations was accompanied by revenue of $8.24 million, which also fell short of market forecasts.

Analyst Sentiment Turns Negative

Financial institutions have responded to the disappointing results with multiple rating adjustments. Several major banks have revised their outlooks on NuScale Power:

Should investors sell immediately? Or is it worth buying Nuscale Power?

• RBC Capital reduced its price target from $35 to $32 while maintaining a “Sector Perform” rating
• Northland Capital cut its target more substantially from $40 to $30
• Goldman Sachs had previously lowered its assessment of the company

The consolidated price target now stands at $37.50, though current trading levels place this objective far from immediate reach. Market professionals have largely converged on a “Reduce” recommendation for the stock.

Strategic Position Amid Financial Challenges

Despite the financial headwinds, NuScale Power maintains several competitive advantages in the emerging SMR market. The company’s exclusive partnership with ENTRA1 Energy recently achieved a milestone agreement with the Tennessee Valley Authority for up to six gigawatts of SMR capacity, representing the largest program of its kind in United States history.

Additionally, NuScale Power remains the only small modular reactor provider with an approved reactor design from U.S. nuclear regulators. The company’s strengthened liquidity position of $753.8 million provides theoretical financial flexibility to navigate upcoming challenges.

The central question facing investors is whether technological achievements and regulatory milestones can restore market confidence, or if the company must demonstrate tangible progress toward profitable operations to reverse its current trajectory.