NuScale Power Stock Falls 29% Amid Delays, Financial Losses
In early 2026, NuScale Power (NYSE: SMR) saw its stock fall by nearly 30%, driven largely by delays in key projects and mounting financial losses. Analysts raised concerns over the company's flagship project in Romania being pushed back to as late as 2034. Additionally, a $507.4 million milestone payment to ENTRA1 Energy under their exclusive commercialization agreement contributed to rising operating costs and investor skepticism. NuScale reported an operating loss of nearly $690 million for the fourth quarter of 2025, prompting analysts to cut price targets and triggering class-action lawsuits from investors who alleged misrepresentation. Fluor, NuScale’s largest shareholder at the time, sold its entire stake in April 2026 for $2.4 billion, further eroding confidence. In early 2026, revenue dropped sharply to just $0.5 million compared to $13.4 million a year earlier as one-time licensing income dried up. The company still holds around $890 million in cash and no long-term debt but faces high burn rates with commercial deployment not expected until at least 2031.
Tickers: $SMR
Topics: investor sentiment nuclear energy NuScale Power SMR technology