After a stellar 2024, which saw NuScale Power's share price rise by 5.5x, it has underperformed not just the nuclear energy sector but also the S&P 500 YTD. Key reasons for the drop include uncertainties regarding the earlier projected big energy demand from data centers and a massive increase in loss in 2024, despite a significant revenue increase. There's a possibility of significant recovery in 2025, though. Over the longer term, there's a good case for the stock on projected growth as the backing for nuclear energy sustains.
The problem with NuScale Power (SMR 0.76%) is that the upstart company hasn't yet sold a single product. But that could change by the end of 2025, as it awaits a final decision from what could be its first big customer.
Shares of NuScale Power (SMR -5.34%) have risen 350% over the past year. That's an impressive stock advance for a company that loses money and is likely to keep losing money for at least several more years.
NuScale Power (SMR -7.33%) is a money-losing start-up today, but there is huge promise ahead, and the next five years could see a massive change in corporate direction. That sea change could start at the end of this year, but the real example of what NuScale's business is capable of won't take place until the end of the decade.
Nuclear energy is enjoying a resurgence, with over 31 countries signing a pledge to triple their nuclear capacity by 2050. Last week, several tech giants, including Amazon, Alphabet, and Meta Platforms, signed a pledge backing this goal, joining 14 major financial institutions that have also backed the plan.
NuScale Power (SMR -2.14%) is not an investment for the faint of heart. Indeed, it is losing money today and will probably continue to do so for at least another few years.
SMR stock benefits from growing demand for clean energy and AI-powered data centers, but stretched valuation and stiff competition pose risks.
NuScale Power (SMR 2.23%) believes it is well ahead of the competition to build small-scale nuclear reactors (also called SMRs, for small modular reactors). There are multiple reasons for this and major implications for investors.
NuScale Power (SMR -2.01%) has been a divisive stock since its public debut in May 2022. The bulls were impressed by the disruptive potential of its small modular reactors (SMRs) to change the status quo in the nuclear power industry while the bears claimed that its business model was unsustainable, its future was murky, and the stock's valuation was too high.
NuScale Power (SMR 16.76%) stock is surging following the company's recent fourth-quarter report. The nuclear power specialist's share price was up 17.1% as of 3:25 p.m.
NuScale Power Corporation (NYSE:SMR ) Q4 2024 Earnings Conference Call March 3, 2025 6:00 PM ET Company Participants Scott Kozak – Director of Investor Relations John Hopkins – President and Chief Executive Officer Ramsey Hamady – Chief Financial Officer Clayton Scott – Chief Commercial Officer Conference Call Participants George Gianarikas – Canaccord Genuity Esteban Albarracin – TD Cowen Ryan Pfingst – B. Riley Eric Stine – Craig-Hallum Operator Good afternoon, and welcome to NuScale's Fourth Quarter and Full Year 2024 Earnings Results Conference Call.
SMR's fourth-quarter 2024 performance is likely to have reflected strong demand for electricity powering AI-supported data centers.