---
title: "NuScale Power Stock (SMR) Sinks as Questions Swirl About Its Business"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284040945.md"
description: "NuScale Power (SMR) shares fell about 5% after B. Riley reduced its price target by 21% due to slower project execution. The firm awaits updates on a collaborative agreement with the Tennessee Valley Authority for developing nuclear plants. B. Riley analyst Ryan Pfingst lowered the price target from $24 to $19, indicating a potential 57% upside, while maintaining a Buy rating on the stock."
datetime: "2026-04-24T17:39:45.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284040945.md)
  - [en](https://longbridge.com/en/news/284040945.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284040945.md)
---

# NuScale Power Stock (SMR) Sinks as Questions Swirl About Its Business

Shares in NuScale Power (SMR) tumbled by roughly 5% on Friday afternoon after B. Riley slashed its price target by 21%. The equity research firm cited a slower ramp-up in the American nuclear reactor developer's project execution as investors await tangible progress in the deal with the Tennessee Valley Authority (TVA).

### Claim 30% Off TipRanks

New trading tool for SMR bulls/bears

In September last year, NuScale Power signed a collaborative agreement with the U.S. public utility, with independent energy company ENTRA1 tasked with developing nuclear plants using NuScale Power's small modular reactors. The goal is to develop a capacity of up to six gigawatts across the seven-state region of the public utility service.

## **Why B. Riley Cut Its SMR Price Target**

However, B. Riley analyst Ryan Pfingst pointed to investors awaiting an update from the agreement. The analyst trimmed his SMR price target from $24 to $19, implying roughly 57% upside. However, he maintained his **Buy** rating on NuScale Power's shares.

Pfingst is a top 3% researcher who ranks 307 out of the more than 12,000 analysts tracked on TipRanks. He boasts a 56% success rate and an average return of 81.50%.

### Related Stocks

- [SMR.US](https://longbridge.com/en/quote/SMR.US.md)
- [SMU.US](https://longbridge.com/en/quote/SMU.US.md)
- [SMUP.US](https://longbridge.com/en/quote/SMUP.US.md)
- [RILY.US](https://longbridge.com/en/quote/RILY.US.md)
- [RILYL.US](https://longbridge.com/en/quote/RILYL.US.md)
- [RILYG.US](https://longbridge.com/en/quote/RILYG.US.md)
- [RILYN.US](https://longbridge.com/en/quote/RILYN.US.md)
- [RILYK.US](https://longbridge.com/en/quote/RILYK.US.md)
- [RILYP.US](https://longbridge.com/en/quote/RILYP.US.md)
- [RILYZ.US](https://longbridge.com/en/quote/RILYZ.US.md)
- [RILYT.US](https://longbridge.com/en/quote/RILYT.US.md)

## Related News & Research

- [Prediction: NuScale Power stock is a buy before 2027 due to this $1.75 trillion opportunity](https://longbridge.com/en/news/286646853.md)
- [How Buying NuScale Power Stock Today Could 10X Your Net Worth](https://longbridge.com/en/news/285960826.md)
- [Cameco and NuScale seen as top picks in US nuclear push](https://longbridge.com/en/news/286755754.md)
- [Analysts Hail Amazon-Backed X-Energy as 'Frontrunner' in Race with Oklo, NuScale Power](https://longbridge.com/en/news/286896968.md)
- [Nuclear Buildout Accelerates With Goldman Now Including SMRs Into Forecast](https://longbridge.com/en/news/286495520.md)