OKLO, SMR, XE: Why Did Nuclear Stocks Fall Hard on 7/16/26?
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NuScale Power Corp is redefining nuclear power through the development of proprietary and inventive SMR technology that the Company believes will deliver safe, scalable, cost-effective and reliable carbon-free power. The Company's core technology, the Light Water Nuclear Reactor NuScale Power Module (NPM), can generate 77 MWe and is premised on well-established nuclear technology principles, with a focus on the integration of components, simplification or elimination of systems and use of passive safety features. Its products are VOYGR Plants and E2 Centers.
Nuscale Power Class A trades on the NYSE stock market under the symbol SMR.
As of July 17, 2026, SMR stock price climbed to $7.73 with 8,710,125 million shares trading.
SMR has a beta of 3.75, meaning it tends to be more sensitive to market movements. SMR has a correlation of 0.20 to the broad based SPY ETF.
SMR has a market cap of $2.68 billion. This is considered a Mid Cap stock.
Last quarter Nuscale Power Class A reported $565,000 in Revenue and -$.14 earnings per share. This fell short of revenue expectation by $-5 million and missed earnings estimates by -$.01.
In the last 3 years, SMR traded as high as $57.42 and as low as $1.81.
The top ETF exchange traded funds that SMR belongs to (by Net Assets): NLR, VTI, VB, URA, IWM.
SMR has underperformed the market in the last year with a price return of -83.2% while the SPY ETF gained +20.7%. SMR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -32.3% and -20.8%, respectively, while the SPY returned +6.6% and +0.2%, respectively.
SMR support price is $7.24 and resistance is $8.04 (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.