NuScale Stock Hits Lowest Level Since May 2024 Amid Decline
Shares of NuScale Power closed at their lowest level since May 2024, down nearly 89% from its record high set on October 15, 2025. The stock has fallen about 60% in 2026 alone and is now trading near the company's cash per share value. NuScale holds $1.9 billion in cash and investments with no debt as of June 30, 2026, translating to around $4.41 per share. This means that a significant portion—about 78%—of its current stock price is tied directly to cash holdings rather than operational value. Despite limited revenue generation (just $75,000 in Q2 2026), NuScale has been raising capital through new equity offerings and continues to burn cash at an increasing rate. The company's operating losses have risen by nearly half compared to the previous year.
Tickers: $SMR
Topics: cash position NuScale Power stock price decline valuation analysis