NuScale (SMR) shares surged 15% after the U.S. Army launched the “Janus Program” to speed up micro nuclear reactor development. The partnership with the Defense Innovation Unit aligns with President Trump’s goal of operational reactors at military bases by 2028.

With today’s jump, NuScale stock has risen over 375% from its April low. The Janus Program offers a lucrative opportunity for NuScale Power, a leader in SMR tech with U.S. regulatory approval. This could lead to valuable government contracts, revenue growth, and wider market acceptance.

Despite a high price-sales multiple, NuScale’s strong position and regulatory approval make it a solid long-term investment. The U.S.-China trade tensions and nuclear power’s reliability compared to renewables like solar and wind further support NuScale’s growth potential.

Wall Street remains optimistic about NuScale, with a “Moderate Buy” rating and price targets up to $60, indicating a 12% potential upside from current levels. The U.S. Army’s endorsement and market conditions could drive retail and institutional investment in NuScale in the coming months.

Read more at Yahoo Finance: The U.S. Army Is Betting on Small Nuclear Reactors. Should You Buy NuScale Power Stock?