NuScale Power Corp (NYSE: SMR) has experienced a remarkable 33% increase in 2025, significantly exceeding the S&P 500's 0.6% decline. This surge reflects growing investor confidence in NuScale's distinctive position within the nuclear energy industry, propelled by rising electricity demand amid the AI boom and the swift progression of global electrification.
SMR's first-quarter 2025 top line reflects strong contributions from the FEED Phase 2 project and the Technology License Agreement for the RoPower Doicesti power plant.
NuScale Power's NYSE: SMR stock price rebounded following the deep correction posted since late 2024. The rebound has gained traction following the Q1 release and business update, which included numerous positive advances.
NuScale Power Corporation, Inc. (NYSE:SMR ) Q1 2025 Earnings Conference Call May 12, 2025 5:00 PM ET Company Participants Rodney McMahan - Senior Director, IR John Hopkins - President, CEO & Director Robert Hamady - CFO Conference Call Participants Marc Bianchi - TD Cowen Sherif Elmaghrabi - BTIG George Gianarikas - Canaccord Genuity Craig Shere - Tuohy Brothers Ryan Pfingst - B. Riley Securities Eric Stine - Craig-Hallum Operator Good afternoon, and welcome to NuScale's First Quarter 2025 Earnings Results Conference Call.
NuScale Power's first-quarter 2025 performance is likely to have reflected strong demand for clean energy powering AI-supported data centers.
NuScale Power (SMR -2.00%) is trying to modernize the nuclear power industry. It has made significant progress on that front and is now working toward the commercialization of its product.
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.