--- title: "Weekly Recap | NuScale Power -7.96%, trailing the S&P by eight points" type: "News" locale: "en" url: "https://longbridge.com/en/news/300851865.md" description: "NuScale Power (SMR) fell 7.96% this week to close at $7.75, down from the prior close of $8.42. The S&P 500 slipped 0.27% over the same stretch, leaving the stock trailing the benchmark by roughly 7.69 percentage points. The stock opened the week at $8.21 on Monday, 28 September, touched a weekly high of $8.28, then trended lower. Wednesday, 30 September saw a brief bounce to $7.90, but Friday, 2 October pushed down to a weekly low of $7.605 before settling at $7.75." datetime: "2026-10-03T07:44:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/300851865.md) - [en](https://longbridge.com/en/news/300851865.md) - [zh-HK](https://longbridge.com/zh-HK/news/300851865.md) generator: "portal-rs" --- # Weekly Recap | NuScale Power -7.96%, trailing the S&P by eight points ## The Week NuScale Power (SMR) fell 7.96% this week to close at $7.75, down from the prior close of $8.42. The S&P 500 slipped 0.27% over the same stretch, leaving the stock trailing the benchmark by roughly 7.69 percentage points. The stock opened the week at $8.21 on Monday, 28 September, touched a weekly high of $8.28, then trended lower. Wednesday, 30 September saw a brief bounce to $7.90, but Friday, 2 October pushed down to a weekly low of $7.605 before settling at $7.75. The move was choppy and downward, with a weekly range of 8.22%. ## Key Events The news flow this week was light on company-specific developments. A piece on Monday, 28 September flagged NuScale Power among hydrogen stocks to watch, but no product, earnings or regulatory update surfaced during the week. On Thursday, 1 October, a report noted that uranium term prices hit a record, yet nuclear names were broadly sold off, and NuScale Power moved lower in step. A similar hydrogen-stock roundup appeared on Saturday, 3 October, after the trading week had ended. Overall, the story was more about sector-wide pressure and stock-specific volatility than a discrete catalyst. ## Analyst Ratings A total of 18 brokers cover the stock: 5 rate it buy, 1 overweight, 9 hold, 1 underweight and 2 sell. The consensus rating is hold, with a consensus target of $11.96667, about 54.41% above the last close of $7.75. The target range is wide, from $6.00 to $20.00, pointing to meaningful disagreement. Within the heavy electrical equipment industry, the stock ranks 3rd out of 20 by analyst rating. ## The Week Ahead Next week brings a run of US macro data. Monday, 5 October has final S&P Global services PMI and ISM non-manufacturing PMI, with prior prints of 58.7 and 55.4, and an ISM forecast of 55. Tuesday, 6 October covers international trade balance, prior -88.6 and forecast -102. Wednesday, 7 October sees EIA weekly crude and Cushing crude inventories. These prints will shape risk appetite and are the key checkpoints for sentiment across the nuclear power complex. ## In Short NuScale Power dropped nearly 8% this week without a major company-specific catalyst, underperforming the broader market. The analyst backdrop is split: most brokers rate it hold, the consensus target sits above spot, but the target range is exceptionally wide. Latest-session flows show large-lot money as a net seller, with retail flows also skewed to the sell side. The next test is whether macro data stabilise risk sentiment and whether the nuclear sector can stop sliding. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [SMR.US](https://longbridge.com/en/quote/SMR.US.md) - [SMUP.US](https://longbridge.com/en/quote/SMUP.US.md) - [SMU.US](https://longbridge.com/en/quote/SMU.US.md) - [SMZ.US](https://longbridge.com/en/quote/SMZ.US.md) ## Related News & Research - [UBS Downgrades NuScale Power to Sell, Sees 40% Downside](https://longbridge.com/en/news/298734120.md) - [3 Nuclear Stocks With Revenue Growth Up To 62%](https://longbridge.com/en/news/299687613.md) - [NuScale Reported Just $75,000 in Quarterly Revenue and Announced a $750 Million Share Sale. Is The Dilution Worth the Dream?](https://longbridge.com/en/news/297454801.md) - [NuScale Power Deploys Nuclear-Specific AI from NPX and Nuclearn to Speed Development of Its Advanced Reactor Program | SMR Stock News](https://longbridge.com/en/news/296900954.md) - [NuScale Power CFO Robert Ramsey Hamady disposes of USD 189,800 in common shares](https://longbridge.com/en/news/296394285.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**