Latest news with #NuScalePower
Yahoo
2 days ago
- Business
- Yahoo
Citi Starts Coverage of NuScale Power (SMR) Stock, Gives Neutral
NuScale Power Corporation (NYSE:SMR) is one of the 10 Unstoppable Stocks to Buy According to Hedge Funds. On June 23, Citi analyst Vikram Bagri began coverage of the company's stock with a 'Neutral' rating and a price objective of $46. The company possesses a first-mover advantage in the industry, which is aided by increased power demand due to the data centers and AI. A Nuclear power plant with all its safety & security protocols in place. Notably, NuScale Power Corporation (NYSE:SMR)'s unrated and approved 77 MW design, modular technology, relationship with Fluor, supply chain partnerships, and no HALEU dependence place it well amidst competition, while new contract announcements remain on the horizon, added the analyst. However, it was also pointed out that significant execution risks are there, while the stock appears to be pricing nearly 50 GW of installs by 2040, added Bagri. NuScale Power Corporation (NYSE:SMR) announced that it has received design approval from the US Nuclear Regulatory Commission for the uprated 250 MWt (77 MWe) NuScale Power Modules. In Q1 2025, the company's revenue rose $12.0 million to $13.4 million compared to $1.4 million. This rise was due to revenues generated from FEED Phase 2 project as well as the Technology License Agreement for the RoPower Doicești power plant. While we acknowledge the potential of SMR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SMR and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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2 days ago
- Business
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NuScale (SMR) Drops by Double Digits on Analyst Downgrade
We recently published . NuScale Power Corporation (NYSE:SMR) is one of the worst-performing stocks on Wednesday. NuScale Power dived by 10.59 percent on Wednesday to end at $38.66 apiece as investor sentiment was dampened by an investment company's downgrade of its stock to 'neutral' from 'buy.' In its market note, BTIG said its revision was based on NuScale Power Corporation's (NYSE:SMR) limited visibility into orderbook growth, coupled with a stretched valuation following a sharp rally in its share price. Year-to-date, NuScale Power Corporation (NYSE:SMR) already saw a 118.29-percent increase in its share prices, while the past year alone saw a 252.42-percent rally in its stock. In recent news, NuScale Power Corporation (NYSE:SMR) joined forces with Paragon Energy Solutions to support the expansion of the nuclear industry. A Nuclear power plant with all its safety & security protocols in place. Under the signed strategic agreement, Paragon Energy will supply NuScale Power Corporation (NYSE:SMR) with its CoreVision Neutron Monitoring System technology and its Highly Integrated Protection System (HIPS), which will then be incorporated into ENTRA1 Energy PlantsTM utilizing NuScale SMR technology. While we acknowledge the potential of SMR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
5 days ago
- Business
- Yahoo
Paragon Enters Strategic Agreement with NuScale Power for Monitoring and Protection Technologies
FORT WORTH, Texas, June 24, 2025 /PRNewswire/ -- Paragon Energy Solutions, a leading supplier of safety-related products and components for the nuclear industry, has entered into a strategic agreement with NuScale Power Corporation (NuScale), the industry-leading provider of proprietary and innovative advanced small modular reactor (SMR) nuclear technology and the only provider with design approval from the U.S. Nuclear Regulatory Commission (NRC). Paragon will supply its CoreVision Neutron Monitoring System technology and its Highly Integrated Protection System (HIPS) to NuScale, whose SMR technology provides a clean, safe and scalable solution for a wide range of energy needs. NuScale will incorporate Paragon's technologies into ENTRA1 Energy PlantsTM utilizing NuScale SMR technology. CoreVision, Paragon's neutron flux monitoring system, was specifically developed for nuclear generation facilities to provide reliable, accurate, and modernized monitoring and control of reactor power levels. HIPS was designed by Paragon to provide advanced, reliable, and cyber-secure safety-related instrumentation and control (I&C) systems for nuclear power plants, particularly for new-generation designs such as SMRs. This new agreement with NuScale follows a teaming agreement signed in 2021, which included Paragon in the project development and execution of SMR and advanced reactor markets with Paragon providing a holistic nuclear instrumentation solution that is also safer, more efficient, and comprehensive. Doug VanTassell, President and CEO of Paragon, shared, "Paragon is very pleased to continue strengthening our relationship with NuScale, a market leader in the nuclear industry, as we bring new technologies to the industry. Our philosophies are aligned as we continue to provide innovative energy technology to the fast-growing and critical SMR market. Our technologies continue to power the nuclear industry." "Our partnership with NuScale supports the industry's technology needs and advances nuclear technologies to work toward a zero-carbon future," stated Tighe Smith, Chief Nuclear Officer of Paragon. "Our arrangement underlines both companies' commitment to our collective collaboration and to the importance of nuclear energy around the globe." "NuScale is proud to continue our valuable, strategic partnership with Paragon," said John Hopkins, NuScale President and Chief Executive Officer. "At NuScale, we are focused on delivering power that is not only clean and reliable, but most importantly, that is safe, and our partner Paragon is aligned with that mission. Paragon will provide key monitoring and protection capabilities for ENTRA1 Energy PlantsTM utilizing NuScale SMR technology as we prepare for near-term deployment and for bringing safe, always-on energy to users around the world." About ParagonFor more than 30 years, Paragon has provided an unmatched level of commitment to tackling the nuclear industry's most difficult challenges. Dedicated to quality, safety, reliability, and carbon-free energy, the company delivers premium products to nuclear energy facilities with proven reductions in direct costs, parts inventory, improved process efficiency, and obsolescence solutions. or (817) 284-0077. Follow Paragon on YouTube, LinkedIn or X. View original content to download multimedia: SOURCE Paragon Energy Solutions, LLC
Yahoo
6 days ago
- Business
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Should You Buy NuScale Power While It's Below $45?
NuScale Power is attempting to build a business around small-scale modular nuclear reactors. Nuclear power has seen increasing support as it doesn't produce greenhouse gases. Wall Street has pushed NuScale Power's price up sharply over the past year. 10 stocks we like better than NuScale Power › NuScale Power (NYSE: SMR) doesn't generate material revenue from its core business focus. But that could change in very short order if the nuclear power company gets positive news from its first potential customer. Whether or not NuScale Power is a buy at its current $45 stock price will depend greatly on the outcome of one big decision. Here's what you need to know before buying shares of NuScale Power. If you look at how NuScale Power is generating revenue today, you would think the company was a consultant to the utility industry. That's because, at the moment, its $13.4 million in first-quarter 2025 revenue is almost entirely derived from consulting services being provided to RoPower, a Romanian utility. Notably, NuScale Power only generated $1.4 million in revenue in the same quarter of the prior year, so there was a huge uptick in activity. That's important because NuScale Power isn't a consulting firm. It is attempting to build a business around manufacturing and selling small modular nuclear reactors, or SMRs. The benefits offered by SMRs compared to large, site-built nuclear reactors are many. Factory-constructed SMRs are expected to be less costly, relatively easy to transport to where they are needed, located closer to population centers, and safer to operate. It is a compelling opportunity, and NuScale Power is well along in the process of selling an SMR. However, it hasn't sold one yet. RoPower is its first potential customer, and NuScale Power's revenue is ied to the final studies RoPower is conducting as it makes the go/no go decision. That decision is currently expected to be finalized in the first half of 2026. The 52-week high for NuScale Power's stock is roughly $45. The shares have pulled back a little from that price but are still up notably over the past year. To put a number on that, the stack has rallied more than 300% over the past 12 months. So, the real question here is whether or not NuScale Power is worth buying after a big rally that has pushed the stock to 52-week and all-time highs. NuScale Power is quite optimistic about its future, which isn't surprising. But it is putting its money where its mouth is, having pre-ordered parts for the six SMRs that will be needed if the RoPower project gets the green light. But that's not all; it has also ordered parts for six additional reactors. These parts are ones that require long lead times to produce. It wouldn't make financial sense to do so unless NuScale Power was fairly confident that it would get 12 SMR orders sometime in the very near future. Given the swift stock price advance, it seems like Wall Street is fairly positive, too. That, interestingly enough, has been an assist to NuScale Power, which raised roughly $100 million in capital via stock sales in the first quarter. That will dilute current shareholders, of course, but the extra cash should help the company survive until the point when it has its first official customer lined up. Once it has that agreement in place, the next customers are likely to be easier to sign up. Investors are likely pricing in a lot of good news, with NuScale Power's shares trading near their all-time highs. Aggressive investors might be willing to pay up now for the long-term opportunity that this upstart nuclear power company offers. However, most will probably be better off waiting until there's more clarity on the first SMR sale. Indeed, if the RoPower sale falls through, the stock would likely fall, perhaps in a material way. Assuming the opportunity for SMRs is as big as it seems, holding off until NuScale Power has reached the key milestone of selling its first SMR will probably still leave investors with a huge long-term opportunity. Before you buy stock in NuScale Power, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and NuScale Power wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Reuben Gregg Brewer has no position in any of the stocks mentioned. The Motley Fool recommends NuScale Power. The Motley Fool has a disclosure policy. Should You Buy NuScale Power While It's Below $45? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-06-2025
- Business
- Yahoo
3 Stocks to Profit From the Upcoming Nuclear Power Boom
NuScale Power is a leading developer of small modular reactors, which offer a variety of benefits compared to traditional nuclear power plants. Those interested in a utility stock will find Constellation Energy, the largest provider of nuclear power in the United States, an appealing option. Cameco is a uranium mining leader that has the potential to benefit from growth in small modular reactors. 10 stocks we like better than NuScale Power › President Donald Trump, committed to facilitating a rebirth of America's nuclear energy industry, issued four executive orders in late May. From expediting the licensing process for nuclear reactors to examining the potential for nuclear fuel recycling, Trump addressed a range of issues that had hindered the industry's growth for years. With enthusiasm for the nuclear energy industry surging through Washington, many are eager to find stocks that can benefit from the industry's apparent renaissance. For these investors, NuScale Power (NYSE: SMR), Constellation Energy (NASDAQ: CEG), and Cameco (NYSE: CCJ) look like smart choices to power their portfolios. Long gone are the days of massive nuclear power plants that require enormous capital investments and take years to construct. Nowadays, companies like NuScale Power are developing small modular reactors (SMRs) that offer a variety of advantages over conventional nuclear power plants. For one, SMRs require considerably smaller footprints, making them more attractive to project developers, which can scale these reactors to their individual site's needs. And SMRs have improved safety profiles including the ability to shut down and self-cool indefinitely, unlike traditional nuclear power plants. Among other advantages, NuScale's SMRs are built in a factory, which helps to keep costs down and expedite project development. With $491 million in cash and no debt, the company is on strong financial footing, an appealing situation for those looking to balance a quality growth stock that's not rife with risk. To state its competitive advantage over other SMR providers, NuScale Power says that it's the only near-term deployable SMR company with design approval from the U.S. Nuclear Regulatory Commission. While Constellation Energy's portfolio includes about 10 gigawatts (GWs) of natural gas, oil, hydroelectric, wind, and solar generation assets, it's nuclear energy that represents the lion's share of its generating capacity -- about 21 GWs, or enough power to meet the demands of 16 million homes. The company's nuclear assets caught the attention of Microsoft in 2024, and the two inked a 20-year power purchase agreement (PPA) that will see the tech company purchase power in support of its data centers, generated from the restart of operations at the Three Mile Island plant, now dubbed the Crane Clean Energy Center. More recently, Meta Platforms showed its enthusiasm for nuclear energy as a power source for its growing AI-related operations. Earlier this month, Meta and Constellation signed a 20-year PPA for nuclear energy that will be generated at the Clinton Clean Energy Center in Illinois. The deals that Constellation inked with Microsoft and Meta are merely two small examples of the vast investments that AI companies are making to support their data centers. And it wouldn't be all that surprising if Constellation Energy announces similar deals with AI leaders that recognize the allure of nuclear energy as a route to meeting the steep power demands that AI computing requires. Interest in developing new nuclear power plants is great, but it means little if there's no uranium to fuel said power plants. That's where Cameco comes in. The company is the largest uranium producer based on market capitalization found on American stock exchanges. Operating throughout the nuclear fuel value chain, Cameco is involved in exploratory activities as well as uranium refining and fuel manufacturing services. And with one of President Trump's executive orders stating specifically that "It is the policy of the United States to expedite and promote to the fullest possible extent the production and operation of nuclear energy..." Cameco clearly stands to benefit as the pathway for developing uranium assets, and other potential regulatory hurdles may be less burdensome now. In 2024, Cameco reported uranium production of 23.4 million pounds, and it has ample resources to ensure production for years to come. As of the end of 2024, for example, the company reported 457 million pounds of proven and probable reserves. It's also worth noting that Cameco has the potential to profit from the growth of SMR producers like Kairos Power and TerraPower that use high-assay low-enriched uranium (HALEU) as a fuel source. Cameco also has a 49% ownership stake in Global Laser Enrichment, which has the ability to produce HALEU. Before you buy stock in NuScale Power, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and NuScale Power wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Constellation Energy, Meta Platforms, and Microsoft. The Motley Fool recommends Cameco and NuScale Power and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. 3 Stocks to Profit From the Upcoming Nuclear Power Boom was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
