BTIG downgrades NuScale Power to 'neutral', says waiting for more clarity on projects
BTIG downgrades small nuclear reactor developer NuScale Power SMR.N to "neutral" from "buy"; maintains $22 price target
SMR shares down 4% in premarket trading
Brokerage says it is waiting for the backlog to materialize and to get more clarity around project economics
"We note while there is some expectation around the first customer being a hyperscaler, we would view any high-quality counterpart (potentially a utility) as a net positive as NuScale moves towards commercial production," - BTIG
Brokerage sees President Trump's executive orders supporting the nuclear industry and the World Bank lifting its nuclear funding ban as positive catalysts
7 of 12 brokerages rate the stock "buy" or higher, 4 "hold" and 1 "sell"; median PT is $31.16 - data compiled by LSEG
Up till last close, stock up 144.2% YTD
Related Articles
SoundHound Analysis: Will This Overlooked AI Stock Be the Surprise Winner of 2026?
While buying SoundHound stock, you may need to look at key indicators that will help you tell the noise from the signals.
Will Micron Be the 2026 AI Winner as the Memory Supercycle Begins?
Recently, Micron has focused on premium areas such as High-Bandwidth Memory that plays alongside accelerators to feed AI models, and adding capacity with an eye on pricing discipline.
Stock Market Crash 2026: What Fed Signals and Economic Data Mean for Investors
TradingKey - The possibility of a stock market crash occurring in 2026 is becoming increasingly likely as investor sentiment continues to decline.
