NEW YORK, June 7, 2026, 13:08 EDT
NuScale Power is facing some selling early this week. Shares finished Friday at $10.50, off 12.50%, and edged down to $10.37 after hours. During Friday’s session, the stock traded between $10.15 and $12.24. Around 50.04 million shares changed hands.
The selloff is drawing notice now because it hit across the board. Growth stocks took a beating Friday as the S&P 500 slid 2.63% and the Nasdaq Composite dropped 4.18%. Shares of nuclear names Oklo and Nano Nuclear Energy lost roughly 11% and 10%.
U.S. cash equities closed for the weekend. Juneteenth on June 19 is the next NYSE holiday. That leaves markets this week to show if buyers come back after Friday’s risk-off action.
NuScale’s main news last week was about its board, not operations. The company said June 2 that Stuart A. Harshaw and Dale E. Klein were elected as directors at the annual meeting, bringing the total to nine, with eight independents. CEO John Hopkins said both men will “provide tremendous value” and help with “global deployment efforts.” NuScale Power
The new appointments feed into the debate on the stock. Harshaw comes with experience on industrial projects. Klein used to chair the U.S. Nuclear Regulatory Commission. The company is still working to convert a regulatory head start into actual building and revenue. Execution and permitting credibility are central issues, not minor ones.
NuScale reported first-quarter numbers with $1.0 billion in cash, cash equivalents and investments at quarter end. Revenue reached $565,000. Net loss came in at $46.7 million. “We are building the infrastructure that this pivotal moment requires,” Hopkins said at the time. Business Wire
The U.S. Department of Energy describes small modular reactors, or SMRs, as compact nuclear reactors that can be used for electricity, process heat, desalination, and industrial power. The big idea is to roll out nuclear units that are more or less standardized, not custom mega-projects.
Timing is still at the center of the story. The NRC signed off on NuScale’s 77-megawatt reactor design in 2025, removing a major barrier. Hopkins told Reuters NuScale can have an SMR up and running by the end of the decade, if a customer steps up. “It’s really in the customer’s hands,” he said. Reuters
Analyst views are mixed. TipRanks showed 14 analysts on average looking for $15.67 in twelve months, but calls range from $7 to $25. Bank of America Securities’ Dimple Gosai was a Hold at $12. Citi’s Vikram Bagri had Sell and $7. George Gianarikas at Canaccord Genuity had Buy and $25. TipRanks
Narrow but important context for investors: Oklo and Nano Nuclear are the two public comps in advanced nuclear, so both dropped Friday. That puts focus on NuScale and whether the move is about company-specific delays or just trimming positions in speculative nuclear stocks.
The downside is clear. Bringing in new board members doesn’t guarantee NuScale will land customer deals, get financing, or start building. NuScale has said it faces risks like needing firm contracts, possible project delays, manufacturing hurdles, and questions about whether its modules can compete on price. Their prior Carbon Free Power Project was scrapped in 2023 when costs jumped and city buyers dropped out. Business Wire
Monday looks straightforward for NuScale. If the company puts out a commercial deal, financing news, or an update on partners, that’s the story. If not, the stock will likely trade on how it holds up above Friday’s low, the state of its cash reserves, and how much patience investors have left for nuclear projects that are still years out.
