SMR Stock Summary and Trading Ideas (Nuscale Power Class A | NYSE:SMR)

NuScale Power Corp is engaged in the development of a new modular light water reactor nuclear power plant to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications.

Nuscale Power Class A trades on the NYSE stock market under the symbol SMR.

As of January 6, 2025, SMR stock price climbed to $23.66 with 13,745,653 million shares trading.

SMR has a beta of 3.27, meaning it tends to be more sensitive to market movements. SMR has a correlation of 0.08 to the broad based SPY ETF.

SMR has a market cap of $2.86 billion. This is considered a Mid Cap stock.

Last quarter Nuscale Power Class A reported $475,000 in Revenue and -$.18 earnings per share. This fell short of revenue expectation by $-3 million and missed earnings estimates by -$.09.

The top ETF exchange traded funds that SMR belongs to (by Net Assets): URA, VTI, VB, IWM, VBR.

SMR has outperformed the market in the last year with a price return of +803.1% while the SPY ETF gained +28.7%. SMR has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +79.9% and +19.9%, respectively, while the SPY returned +4.2% and +0.1%, respectively.

SMR support price is $19.11 and resistance is $22.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SMR shares will trade within this expected range on the day.