NuScale (SMR) stock drops 10.59% after analyst downgrade to "neutral"

From Yahoo Finance: 2025-06-26 14:05:00

NuScale Power Corporation (NYSE:SMR) saw a 10.59% drop in its stock price on Wednesday, closing at $38.66 per share after an investment company downgraded it to “neutral” from “buy”. BTIG cited limited orderbook growth visibility and a stretched valuation post-rally as reasons for the revision. Year-to-date, SMR has seen a 118.29% increase in its share prices and a 252.42% rally in the past year.

In partnership news, NuScale Power Corporation (NYSE:SMR) has teamed up with Paragon Energy Solutions to expand the nuclear industry. Paragon Energy will supply SMR with its CoreVision Neutron Monitoring System technology and Highly Integrated Protection System (HIPS) for use in ENTRA1 Energy PlantsTM with NuScale SMR technology.

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Read more: NuScale (SMR) Drops by Double Digits on Analyst Downgrade