Why NuScale Power Stock Soared This Week
From Yahoo Finance: 2025-06-13 16:09:00
NuScale Power (NYSE: SMR) stock rose 12.9% last week, now valued at $11 billion with zero revenue. The company aims to develop small modular nuclear reactors, but no projects are expected until at least 2030. Contracts in Utah were cancelled due to cost overruns, raising doubts about the technology’s viability.
The surge in NuScale Power stock is attributed to a press release from Oklo, another nuclear energy start-up, announcing a potential deal with an Air Force base in Alaska. President Trump’s executive order to increase nuclear energy capacity also positively impacted the stock. Despite the optimism, NuScale Power does not currently generate revenue.
NuScale Power stock continues to rise amid growing demand for clean energy sources like nuclear power. The company is working towards developing small modular nuclear reactors, but with no revenue and delayed projects, investors should proceed with caution. The stock’s market cap of $11 billion is considered overvalued given the lack of revenue generation.
Smart long-term investors are advised to steer clear of adding NuScale Power stock to their portfolios. The company, with no revenue and delayed projects, has faced challenges in delivering its small modular nuclear reactor technology. Despite the recent surge in stock price, concerns remain about the company’s long-term viability.
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