NuScale Power’s stock has plummeted over 60% from its peak, seeming expensive compared to its growth potential. But, with the rollout of its first commercial reactors, the stock could skyrocket. NuScale’s SMRs are pre-fabricated in modular vessels for faster and more cost-effective construction, and the company holds Standard Design Approvals from the NRC.

The company plans to chain several SMRs together for scalable power plants, tapping into the growing nuclear power market driven by cloud computing and AI demands. Although NuScale faced setbacks in Idaho in 2023 and lay off 40% of its staff, it is subcontracting for Romania’s RoPower project and working on a deal with TVA in the US.

Analysts foresee NuScale generating $40 million in revenue for 2025, rising to $293 million by 2027. Despite a high market cap, projections suggest a tenfold revenue increase by 2035. With the potential for substantial growth in the SMR market, NuScale could be a lucrative long-term investment if its projects succeed.

While NuScale’s stock shows promise, its success depends on project execution and market demand. Investors should weigh the risks and rewards before investing in NuScale Power. For more investment options, consider exploring the 10 best stocks identified by the Motley Fool Stock Advisor team for potential high returns.

Read more at Yahoo Finance: How Buying NuScale Power (SMR) Stock Today Could 10X Your Net Worth