Is NuScale Power Going to $120?
Last October, NuScale Power (NYSE: SMR) stock hit an all-time high of about $57 a share. At that price, it carried a market cap of roughly $17 billion, despite generating only about $30 million in revenue through the first nine months of 2025. At that premium, it was trading at about 270 times sales -- more than 68 times the multiple of nuclear heavyweight Constellation Energy (NASDAQ: CEG).
Fast-forward seven months, and NuScale's stock is down about 75% from that all-time high. At about $12 a share, the company still carries a $4 billion market cap -- not cheap by conventional standards.
The company, however, has been gaining momentum. It's closing in on its first project in Romania, and it could deploy up to 6 gigawatts (GW) of its small modular reactor (SMR) technology to the Tennessee Valley Authority, in partnership with ENTRA1 Energy.
Source Fool.com
