NuScale Power stock plunged 9.3% due to a downgrade by analyst TD Cowen. NuScale’s customer, Nuclearelectrica, may delay opening its SMR plant, impacting revenue and profitability. Bianchi warns of potential setbacks and advises caution for investors. Other nuclear utilities are watching the situation closely for validation.

Analysts predict NuScale may not report its first profit until 2030, aligning with the expected opening of Nuclearelectrica’s plant. Delays could push back profitability by several years. Given the uncertainty, Bianchi refrains from assigning a price target to NuScale. Investors should exercise caution before investing in NuScale Power.

The Motley Fool Stock Advisor team did not include NuScale Power in their list of the 10 best stocks to buy now. Past recommendations like Netflix and Nvidia have delivered significant returns. Investors should consider other options for potential gains.

Read more at Yahoo Finance: Why NuScale Power Stock Just Crashed