#4 - NuScale Power (NYSE:SMR)
Speaking of SMRs, our next stock actually uses SMR as its ticker symbol: NuScale Power Corp. (NYSE: SMR). The company’s flagship product is its NuScale Power Module, which features a groundbreaking design that can generate up to 60 megawatts of electricity.
NuScale is the only provider and producer of SMRs whose technology has received regulatory approval from the U.S. government. That means the company faces fewer barriers to commercial deployment.
While the demand for SMRs is undeniable, so is the growth of competitors in this space, including GE Vernova and BWX Technologies. But one thing that sets NuScale apart is its exclusive partnership with independent global energy development and production company ENTRA1 Energy, which uses NuScale’s SMRs in its commercial projects.
Unlike the other companies on this list, NuScale was not profitable as of January 2025 and continues to generate very little revenue. However, speculative investors looking for companies with the potential for long-term gains might find SMR stock an attractive choice.
About NuScale Power
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.
Read More - Current Price
- $19.95
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 5 Buy Ratings, 1 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $10.39 (47.9% Downside)
