<div id="readability-page-1"><p>Equities researchers at Royal Bank Of Canada assumed coverage on shares of <span>NuScale Power (NYSE:SMR - Get Free Report)</span> in a research report issued to clients and investors on Monday. The firm set a &#34;sector perform&#34; rating and a $35.00 price target on the stock. Royal Bank Of Canada's price target points to a potential downside of 3.23% from the stock's current price.</p><div><p><span></span><span>Get <strong>NuScale Power</strong> alerts:</span></p></div><ul><li>Here's What Separates Oklo From the Rest of the Nuclear Startups </li></ul><p>A number of other research firms also recently weighed in on SMR. Bank of America assumed coverage on NuScale Power in a research report on Thursday, August 21st. They set a &#34;neutral&#34; rating and a $36.00 target price on the stock. Citigroup initiated coverage on shares of NuScale Power in a research note on Monday, June 23rd. They set a &#34;neutral&#34; rating and a $46.00 price target for the company. Northland Securities initiated coverage on shares of NuScale Power in a research note on Monday, July 7th. They set a &#34;market perform&#34; rating and a $35.00 price target for the company. BTIG Research cut shares of NuScale Power from a &#34;buy&#34; rating to a &#34;neutral&#34; rating in a research note on Wednesday, June 25th. Finally, BNP Paribas upgraded shares of NuScale Power to a &#34;hold&#34; rating in a research note on Friday, July 25th. Three equities research analysts have rated the stock with a Buy rating and ten have assigned  a Hold rating to the stock. Based on data from MarketBeat, the company  has a consensus rating of &#34;Hold&#34; and a consensus target price of $36.09.</p><p><b>Get Our Latest Stock Report on SMR</b></p><h2>NuScale Power Stock Up 2.8%</h2><ul><li>Is It Too Late to Jump on the Nuclear Bandwagon? </li></ul><p>SMR stock opened at $36.17 on Monday. NuScale Power has a twelve month low of $8.80 and a twelve month high of $53.50. The company has a market cap of $10.30 billion, a PE ratio of -30.39 and a beta of 2.03. The business's 50-day simple moving average is $40.10 and its 200 day simple moving average is $29.28. </p><p>NuScale Power (NYSE:SMR - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported ($0.13) earnings per share for the quarter, missing analysts' consensus estimates of ($0.12) by ($0.01). NuScale Power had a positive return on equity of 2.61% and a negative net margin of 221.07%.The firm had revenue of $8.05 million for the quarter, compared to analyst estimates of $10.49 million.  On average, equities research analysts anticipate that  NuScale Power will post -0.73 EPS for the current year. </p><h2>Insider Buying and Selling</h2><ul><li>5 High Short-Interest Stocks to Buy Before November</li></ul><p>In related news, COO Carl M. Fisher sold 18,206 shares of the business's stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $44.39, for a total value of $808,164.34. Following the completion of the transaction, the chief operating officer owned 90,864 shares in the company, valued at $4,033,452.96. The trade was a 16.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Robert Ramsey Hamady sold 30,641 shares of the business's stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $35.59, for a total transaction of $1,090,513.19. Following the completion of the transaction, the chief financial officer owned 46,283 shares of the company's stock, valued at $1,647,211.97. This trade represents a 39.83% decrease in their position. The disclosure for this sale can be found here. Insiders own  1.96% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><p>Several institutional investors have recently bought and sold shares of SMR. Quantbot Technologies LP bought a new position in  NuScale Power in the 1st quarter worth approximately $27,000.  Thurston Springer Miller Herd &amp; Titak Inc. raised its position in  NuScale Power by 84.5% in the 2nd quarter. Thurston Springer Miller Herd &amp; Titak Inc. now owns 784 shares of the company's stock worth $31,000 after purchasing an additional 359 shares during the last quarter.  Rothschild Investment LLC raised its position in  NuScale Power by 45.2% in the 2nd quarter. Rothschild Investment LLC now owns 1,125 shares of the company's stock worth $45,000 after purchasing an additional 350 shares during the last quarter.  NBC Securities Inc. raised its position in  NuScale Power by 165,450.0% in the 1st quarter. NBC Securities Inc. now owns 3,311 shares of the company's stock worth $46,000 after purchasing an additional 3,309 shares during the last quarter.  Finally, Harbour Investments Inc. grew its holdings in  NuScale Power by 21.3% during the 2nd quarter. Harbour Investments Inc. now owns 1,156 shares of the company's stock worth $46,000 after acquiring an additional 203 shares during the period. Institutional investors own  78.37% of the company's stock. </p><h2>About NuScale Power</h2> (Get Free Report)<p>NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than NuScale Power</li><li>What is a buyback in stocks? A comprehensive guide for investors</li><li>Adobe’s Rebound Has Room to Run: 25% Upside by Year-End</li><li>Stock Ratings and Recommendations: Understanding Analyst Ratings</li><li>These 3 Stocks Are Shielded From the AI Takeover</li><li>What is a Death Cross in Stocks?</li><li>Wall Street Eyes +30% Upside in Synopsys After Huge Earnings Fall</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNNUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNNUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in NuScale Power Right Now?</h2><p>Before you consider NuScale Power, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NuScale Power wasn't on the list.</p><p>While NuScale Power currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Royal Bank Of Canada has initiated coverage on NuScale Power (NYSE:SMR), assigning a "sector perform" rating and a target price of $35.00, indicating a potential downside of 3.23% from the current price. Other firms have also provided ratings, with a consensus rating of "Hold" and a target price of $36.09. NuScale Power's stock opened at $36.17, with a 12-month range of $8.80 to $53.50. The company reported a loss of $0.13 EPS for the last quarter, missing estimates, and had revenue of $8.05 million, below expectations.</p>

NuScale Power (NYSE:SMR) Coverage Initiated at Royal Bank Of Canada