NuScale Power Corporation logo SMR - NuScale Power Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 8
HOLD 5
SELL 3
STRONG
SELL
0
| PRICE TARGET: $16.71 DETAILS
HIGH: $21.00
LOW: $9.00
MEDIAN: $19.00
CONSENSUS: $16.71
UPSIDE: 46.58%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4
Revenue
Revenue 0.6 1.8 8.2 8.1 13.4 34.2 0.5 1.0 1.4 4.6 7.0 5.8 5.5 3.4 3.2 2.7 2.4 1.5 0.3 0.4 0.7 0.3
Cost of Revenue 0.8 1.9 5.5 6.3 6.4 3.1 0.3 0.8 0.7 3.8 5.9 5.8 3.4 2.6 1.7 1.7 1.2 1.0 0.2 0.2 0.4 0.2
Gross Profit (0.2) (0.1) 2.7 1.8 7.0 31.2 0.2 0.1 0.6 0.7 1.0 0.0 2.1 0.8 1.4 1.0 1.2 0.6 0.1 0.1 0.3 0.1
Operating Expenses
R&D Expenses 12.8 13.5 11.1 11.8 9.1 9.4 12.2 12.1 13.2 37.8 63.7 26.9 27.6 38.0 35.3 29.5 24.9 27.1 26.4 20.9 18.8 24.4
SG&A Expenses 24.8 44.8 519.2 22.5 25.8 24.8 18.9 18.7 20.1 20.5 18.9 18.9 16.8 18.6 18.5 12.7 11.1 13.3 14.3 11.4 9.4 10.5
Other Expenses 19.6 14.3 10.9 10.5 7.4 8.9 10.1 11.2 11.3 13.5 11.3 10.3 13.2 11.6 13.7 11.5 9.1 11.2 5.4 8.7 8.6 8.1
Operating Expenses 57.3 72.7 541.1 44.9 42.3 43.0 41.2 42.0 44.6 71.8 93.9 56.2 57.6 68.2 67.5 53.7 45.1 51.6 46.0 41.1 36.7 43.0
Operating Income
Operating Income (57.5) (72.7) (538.4) (43.1) (35.3) (11.9) (41.0) (41.9) (44.0) (71.1) (92.9) (56.1) (55.5) (67.4) (66.1) (52.7) (43.8) (51.1) (45.8) (40.9) (36.5) (42.9)
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.1 0.1 0.1 0.6 0 0.4
Interest Income 10.8 16.4 5.8 5.5 5.2 3.1 2.0 1.7 1.5 2.1 2.7 2.9 3.1 3.0 0.9 0 0 0 0 0 0.0 0
Profitability
EBITDA (57.2) (63.5) (532.4) (42.8) (35.0) (8.2) (40.6) (41.4) (40.2) (70.4) (92.2) (55.5) (54.8) (66.7) (65.4) (52.0) (43.2) (50.5) (45.3) (40.4) (35.9) (42.4)
EBIT (57.5) (63.8) (532.6) (43.1) (35.3) (8.6) (41.0) (41.9) (40.7) (71.1) (92.9) (56.1) (55.5) (67.4) (66.1) (52.7) (43.8) (51.1) (45.8) (40.9) (36.5) (42.9)
Income Before Tax (46.7) (63.8) (532.6) (37.6) (30.1) (178.4) (45.5) (74.4) (48.1) (56.4) (58.3) (29.7) (35.6) (47.2) (49.6) (21.4) (23.4) (28.0) (27.1) (24.7) (22.7) (25.1)
Income Tax Expense 0 0 0 0 0.3 1.9 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income (44.0) (50.8) (273.3) (17.6) (14.0) (75.0) (17.5) (27.6) (16.6) (18.8) (19.1) (9.5) (11.0) (12.6) (10.7) (10.4) (23.4) (28.0) (27.1) (24.7) (22.7) (25.1)
Per Share Data
EPS (Basic) -0.27 -0.16 -1.85 -0.13 -0.11 -0.77 -0.18 -0.31 -0.21 -0.24 -0.26 -0.13 -0.16 -0.21 -0.23 -0.06 -0.64 -0.62 -0.57 -0.58
EPS (Diluted) -0.27 -0.16 -1.85 -0.13 -0.11 -0.77 -0.18 -0.31 -0.21 -0.24 -0.26 -0.13 -0.16 -0.21 -0.23 -0.06 -0.64 -0.62 -0.57 -0.58
Shares Outstanding 163.7 163.7 147.7 133.4 127.7 93.2 95.2 89.6 79.6 76.9 74.8 72.1 69.7 60.4 46.4 42.0 43.6 43.6 43.6 43.6 43.6 43.6
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4
Current Assets
Cash & Cash Equivalents 341.1 836.4 407.6 297.7 491.4 401.6 111.6 130.9 132.0 120.3 117.5 154.4 218.2 217.7 268.6 350.8 42.7 77.1 22.6 1.3 1.7 4.9
Short-Term Investments 549 417.8 284.2 123.1 30 40 45 0 0 0 0 0 0 50 50 0 0 0 0 0 0 0
Net Receivables 8.5 8.4 15.2 12.8 13.3 21.1 7.9 8.4 5.1 10.1 20.2 24.9 20.7 11.2 22.8 15.0 7.5 4.8 15.1 0 0.0 2.8
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 9.9 10.0 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 0 0 0.3 0 0 0 0 0 80 0 0 0
Total Current Assets 908.5 1,272.6 719.8 442.6 543.4 471.1 180.6 156.3 156.8 154.5 159.2 188.1 246.5 284.4 347.9 373.5 54.4 86.1 121.4 1.5 1.9 11.6
Non-Current Assets
Property, Plant & Equipment 3.2 1.9 2.1 1.8 2.3 2.4 2.8 3.1 3.6 4.1 4.6 5.2 4.5 8.6 5.0 5.3 5.6 6.2 6.9 0 0 7.7
Goodwill 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 0 0 8.3
Intangible Assets 0.5 0.5 0.6 0.6 17.6 17.6 17.6 17.7 17.7 17.8 17.8 17.9 1.0 1.1 18.0 18.0 1.2 1.2 1.3 0 0 1.4
Long-Term Investments 118.6 33.0 62.0 69.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 232.3 232.3 0
Other Non-Current Assets 109.3 96.3 90.4 84.0 46.6 45.3 44.1 43.9 43.5 40.2 118.7 90.0 72.2 46.3 25.2 2.1 21.7 19.4 18.3 0 0 18.0
Total Non-Current Assets 239.9 139.9 163.3 163.9 74.7 73.5 72.7 73.0 73.0 70.3 149.4 121.4 85.9 64.2 56.4 33.7 36.7 35.1 34.7 232.3 232.3 35.4
Total Assets 1,148.3 1,412.5 883.1 606.5 618.1 544.7 253.3 229.2 229.8 224.9 308.5 309.5 332.4 348.6 404.2 407.2 91.1 121.2 156.2 233.8 234.2 47.1
Current Liabilities
Account Payables 0 0 403.4 64.6 47.6 47.9 17.9 19.1 45.9 44.9 35.9 28.1 34.6 20.3 31.9 24.1 17.9 18.5 19.2 0 0 14.6
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14.1 14.0 13.9 0 0 33.9
Deferred Revenue 1.4 0.6 0.6 0.3 0.6 0.8 20 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 29.5 295.4 41.0 40.0 37.9 39.7 40.8 38.2 37.7 39.4 44.1 6.4 0 0 9.1 5.6 0 0 13.8 0.1 0.1 13.4
Total Current Liabilities 30.9 296.1 445.6 104.9 87.3 89.7 80.6 58.8 85.1 87.5 81.5 36.1 51.7 38.6 42.4 30.4 41.6 48.4 56.0 0.1 0.1 70.5
Non-Current Liabilities
Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 7.5 2.9 2.2 2.3 1.0 1.6 82.5 77.0 15.8 7.2 14.0 25.3 31.5 30.2 41.2 44.3 5.7 6.3 87.0 36.7 32.7 4.3
Total Non-Current Liabilities 7.5 2.9 2.7 2.7 1.4 1.8 82.6 77.1 16.0 8.1 47.4 49.1 34.0 33.0 42.3 45.1 5.7 6.5 87.3 36.7 32.7 5.7
Total Liabilities 38.4 299.0 448.3 107.6 88.6 91.6 163.2 135.9 101.1 95.5 128.9 85.3 85.7 71.5 84.8 75.5 47.3 54.9 143.3 36.8 32.8 76.2
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29.1 28.2 26.7 192.0 196.4 20.9
Retained Earnings (776.9) (732.9) (682.0) (408.7) (391.1) (377.1) (302.1) (284.6) (257.0) (240.5) (221.7) (202.6) (193.1) (182.1) (169.5) (158.8) (805.0) (781.6) (753.6) (8.7) (4.2) (679.1)
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 1,166.9 1,168.8 828.7 692.9 704.0 618.7 160.1 136.3 125.1 93.5 105.9 110.1 109.5 114.7 102.8 62.6 43.8 66.3 12.8 197.0 201.4 (29.1)
Total Liabilities & Equity 1,148.3 1,412.5 883.1 606.5 618.1 544.7 253.3 229.2 229.8 224.9 308.5 309.5 332.4 348.6 404.2 407.2 91.1 121.2 156.2 233.8 234.2 47.1
Debt Metrics
Total Debt 0 0 0 0 0 0 0 0 0 1.5 0 0 3.9 4.4 0 0 14.1 15.4 15.8 0 0 36.9
Net Debt (341.1) (836.4) (407.6) (297.7) (491.4) (401.6) (111.6) (130.9) (132.0) (118.8) (117.5) (154.4) (214.2) (213.3) (268.6) (350.8) (28.5) (61.7) (6.8) (1.3) (1.7) 32.0
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4
Operating Activities
Net Income (44.0) (34.4) (273.3) (17.6) (30.4) (180.3) (45.6) (74.4) (48.1) (18.8) (58.3) (9.5) (11.0) (12.6) (10.7) (21.4) (23.4) (28.0) (27.1) (24.7) (22.7) (25.1)
Depreciation & Amortization 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.5 0.6 0.7 1.0 0.3 0 9.2 0.7 0.6 0.5 0.5 0.6 0.5 0.5
Stock-Based Compensation 0 14.7 0 0 4.5 3.2 3.9 4.3 2.2 4.1 4.0 0 0 0 0 1.1 1.0 1.2 1.1 1.1 3.1 0.8
Change in Working Capital (273.5) (144.8) (10.6) (1.3) 2.8 (20.9) 21.3 (3.0) 2.6 (13.7) 37.3 (7.7) (12.6) 14.8 (6.7) (5.6) (11.8) 0.4 2.4 (3.3) (5.6) 0.8
Other Non-Cash Items 2.6 (39.5) 83.8 (14.7) 0 171.2 7.2 36.7 9.2 (59.6) (0.2) (23.0) (19.9) (46.1) (32.5) (5.7) 0.4 0.2 0.4 5.4 (5.2) (0.0)
Operating Cash Flow (314.7) (203.7) (199.8) (33.3) (22.8) (26.4) (12.7) (36.0) (33.5) (73.2) (27.7) (39.2) (43.1) (43.9) (40.7) (30.9) (33.2) (25.8) (22.7) (20.9) (29.8) (22.9)
Investing Activities
Capital Expenditure (1.5) (0.4) (0.1) 0.1 (0.1) (0.0) 0 0 0 (0.1) (0.1) (1.3) (0.4) (0.6) (0.2) (0.4) (1.2) (0.4) (1.1) (0.3) (0.1) (0.5)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (445.5) (494.6) 0 (162.2) (10) (20) 0 0 0 50 0 0 0 0 (50) 0 0 0 0 0 0 0
Sales/Maturities of Investments 228.7 236.1 0 0 20 25 0 0 0 (50) 0 0 50 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 154.0 (154.0) 0 0 0 (45) 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investing Cash Flow (218.4) (104.9) (154.1) (162.2) 9.9 5.0 (45) 0.2 0 (0.1) (0.1) (1.3) 49.6 (0.6) (50.2) (0.4) (1.2) (0.4) (1.1) (0.3) (0.1) (0.5)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.3 (0.3) 4.5 22.7 15
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) (0.6) 0 (0.0) 0 0 0.0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0 (0.4) 463.8 0 3.0 210.6 7.2 3.8 3.6 0.0 1.9 0 0 0 0 339.4 0.5 0.3 0.0 13.3 40.5 0.0
Financing Cash Flow 37.8 737.5 463.8 1.7 102.7 311.4 38.4 34.8 45.2 2.0 9.8 2.8 1.6 1.2 27.5 339.4 (0.1) 0.6 91.7 17.8 63.2 23.5
Cash Position
Net Change in Cash (495.3) 428.8 109.9 (193.7) 89.9 289.9 (19.3) (1.1) 11.7 7.9 (18.0) (63.8) 0.5 (50.9) (82.2) 308.1 (34.4) (25.5) 67.9 (3.5) 33.3 0.1
Cash at Beginning 841.5 412.7 302.8 496.5 406.7 116.7 136.0 137.1 125.4 117.5 214.6 218.2 217.7 268.6 350.8 42.7 77.1 102.6 34.7 38.2 4.9 4.7
Cash at End 346.2 841.5 412.7 302.8 496.5 406.7 116.7 136.0 137.1 125.4 196.6 154.4 218.2 217.7 268.6 350.8 42.7 77.1 102.6 34.7 38.2 4.9
Free Cash Flow (316.2) (204.1) (199.9) (33.3) (22.9) (26.5) (12.7) (36.0) (33.5) (73.3) (27.7) (40.5) (43.5) (44.5) (40.8) (31.3) (34.3) (26.2) (23.8) (21.2) (29.9) (23.4)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4
Income Statement
Revenue 0.6 1.8 8.2 8.1 13.4 34.2 0.5 1.0 1.4 4.6 7.0 5.8 5.5 3.4 3.2 2.7 2.4 1.5 0.3 0.4 0.7 0.3
Gross Profit (0.2) (0.1) 2.7 1.8 7.0 31.2 0.2 0.1 0.6 0.7 1.0 0.0 2.1 0.8 1.4 1.0 1.2 0.6 0.1 0.1 0.3 0.1
Operating Income (57.5) (72.7) (538.4) (43.1) (35.3) (11.9) (41.0) (41.9) (44.0) (71.1) (92.9) (56.1) (55.5) (67.4) (66.1) (52.7) (43.8) (51.1) (45.8) (40.9) (36.5) (42.9)
Net Income (44.0) (50.8) (273.3) (17.6) (14.0) (75.0) (17.5) (27.6) (16.6) (18.8) (19.1) (9.5) (11.0) (12.6) (10.7) (10.4) (23.4) (28.0) (27.1) (24.7) (22.7) (25.1)
EPS (Diluted) -0.27 -0.16 -1.85 -0.13 -0.11 -0.77 -0.18 -0.31 -0.21 -0.24 -0.26 -0.13 -0.16 -0.21 -0.23 -0.06 -0.64 -0.62 -0.57 -0.58
Balance Sheet
Cash & Equivalents 341.1 836.4 407.6 297.7 491.4 401.6 111.6 130.9 132.0 120.3 117.5 154.4 218.2 217.7 268.6 350.8 42.7 77.1 22.6 1.3 1.7 4.9
Total Assets 1,148.3 1,412.5 883.1 606.5 618.1 544.7 253.3 229.2 229.8 224.9 308.5 309.5 332.4 348.6 404.2 407.2 91.1 121.2 156.2 233.8 234.2 47.1
Total Debt 0 0 0 0 0 0 0 0 0 1.5 0 0 3.9 4.4 0 0 14.1 15.4 15.8 0 0 36.9
Stockholders' Equity 1,166.9 1,168.8 828.7 692.9 704.0 618.7 160.1 136.3 125.1 93.5 105.9 110.1 109.5 114.7 102.8 62.6 43.8 66.3 12.8 197.0 201.4 (29.1)
Cash Flow
Operating Cash Flow (314.7) (203.7) (199.8) (33.3) (22.8) (26.4) (12.7) (36.0) (33.5) (73.2) (27.7) (39.2) (43.1) (43.9) (40.7) (30.9) (33.2) (25.8) (22.7) (20.9) (29.8) (22.9)
Capital Expenditure (1.5) (0.4) (0.1) 0.1 (0.1) (0.0) 0 0 0 (0.1) (0.1) (1.3) (0.4) (0.6) (0.2) (0.4) (1.2) (0.4) (1.1) (0.3) (0.1) (0.5)
Free Cash Flow (316.2) (204.1) (199.9) (33.3) (22.9) (26.5) (12.7) (36.0) (33.5) (73.3) (27.7) (40.5) (43.5) (44.5) (40.8) (31.3) (34.3) (26.2) (23.8) (21.2) (29.9) (23.4)