NuScale Power Corporation (SMR) Stock Analysis — Fair Value, Risk & Moat Rating
NYQ · Industrials · Specialty Industrial Machinery
Is NuScale Power Corporation a safe investment right now?
As of Aug 13, 2026, our estimated fair value (intrinsic value) for NuScale Power Corporation (SMR) stock is $12.90, versus a market price of $9.39 — Watch — Analyst Anchor. Analyst Consensus (15 analysts) — EPS model not applicable at negative earnings.
NuScale Power Corporation's Altman Z-Score of 6.25 places it in the safe zone. Our fair value estimate is $12.90 (Watch — Analyst Anchor). Moat rating: 2.6/5 stars.
NuScale Power Corporation is part of the Powering AI — Nuclear, Utilities, Cooling & Electrical group in our AI coverage — compare its fair value against every other AI, cloud, and quantum stock through a value investing lens.
Could NuScale Power Corporation go bankrupt? Altman Z-Score analysis
Z-Score of 6.25 is above 3.0, indicating the company is financially healthy by this metric.
- Below 1.8 — Distress Zone (high bankruptcy risk)
- 1.8 to 3.0 — Gray Zone (elevated uncertainty)
- Above 3.0 — Safe Zone (financially healthy)
What drives SMR's Z-Score?
| Component | Formula | Value | Weight | Contribution |
|---|---|---|---|---|
| A · Working Capital / Total Assets | WC / TA | 0.6913 | 1.2 | 0.83 |
| B · Retained Earnings / Total Assets | RE / TA | -0.5188 | 1.4 | -0.73 |
| C · EBIT / Total Assets | EBIT / TA | -0.4882 | 3.3 | -1.61 |
| D · Market Cap / Total Liabilities | MCap / TL | 12.8898 | 0.6 | 7.73 |
| E · Revenue / Total Assets | Rev / TA | 0.0223 | 1.0 | 0.02 |
How has SMR's financial health changed over time?
| Year | Z-Score | Zone |
|---|---|---|
| 2022 | 30.29 | Safe |
| 2023 | 19.12 | Safe |
| 2024 | 24.35 | Safe |
| 2025 | 6.25 | Safe |
Source: Calculated from SMR's latest 10-K filing on SEC EDGAR.
NuScale Power Corporation Fair Value & Intrinsic Value — What Is It Actually Worth?
How we calculated this
| Input | Value | Source |
|---|---|---|
| Predicted EPS (α) | $0.00 | Proprietary blend of reported actuals + analyst consensus, weighted by α |
| Trailing P/E | 0.0x | Current market pricing |
| Fair P/E (β discount) | 0.0x | Trailing PE adjusted by value discount factor β, hard-capped |
| Earnings Trend (γ) | N/A | Directional signal: predicted vs trailing EPS |
Wall Street Reference: Analyst consensus target price is $12.90 (15 analysts). This is shown for reference only and is not used in our valuation model.
Source: Earnings data from SEC EDGAR filings. Market data via Yahoo Finance.
Does NuScale Power Corporation have a durable competitive advantage?
Moat rating: 2.6/5.
What makes up SMR's moat score?
ROIC Stability
ROIC variability over the past decade. Score: 2/5.
Gross Margin Trend
Gross margin trajectory over the past decade. Score: 3/5.
Switching Costs
Estimated customer lock-in based on margin level. Score: 3/5.
How stable is SMR's return on invested capital?
| Year | ROIC | Trend |
|---|---|---|
| 2022 | -77.5% | — |
| 2023 | -294.9% | Declining |
| 2024 | -22.4% | Rising |
| 2025 | -59.0% | Declining |
Source: ROIC calculated from SEC EDGAR filings.
Is NuScale Power Corporation's dividend safe?
NuScale Power Corporation's key financial metrics
| Metric | Latest | 1Y Ago | 3Y Ago | Trend |
|---|---|---|---|---|
| Revenue | $0.0B | $0.0B | $0.0B | Rising |
| Net Income | −$0.4B | −$0.1B | −$0.1B | Declining |
| Free Cash Flow | −$0.5B | −$0.1B | −$0.2B | Declining |
| Gross Margin | 36.3% | 86.7% | 38.0% | Stable |
Recent events that affect our SMR analysis
SMR earnings report scheduled
Upcoming report. Consensus EPS estimate: $-0.12. Revenue estimate: $5.4M. Our current Fair Value: $12.90 — a significant beat or miss could shift this estimate.
SMR analyst consensus: 33% bullish (6 of 18 analysts)
1 Strong Buy, 5 Buy, 10 Hold, 1 Sell, 1 Strong Sell. Consensus target: $12.90 (37.4% upside). Compare with our independent Fair Value: $12.90.
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR beat EPS estimates by 0.9%
Reported EPS: $-0.13 vs estimate $-0.13. Earnings strength supports our Fair Value of $12.90 (37.4% above current price).
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR missed EPS estimates by 1.4%
Reported EPS: $-0.14 vs estimate $-0.14. Our Fair Value of $12.90 may face downward pressure if the trend continues.
SMR filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR missed EPS estimates by 423.1%
Reported EPS: $-0.80 vs estimate $-0.15. Our Fair Value of $12.90 may face downward pressure if the trend continues.
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed annual report (10-K)
Annual filing with full-year financials. Our Altman Z-Score, Moat, and Fair Value models are derived from this data. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR missed EPS estimates by 1175.9%
Reported EPS: $-1.85 vs estimate $-0.14. Our Fair Value of $12.90 may face downward pressure if the trend continues.
SMR filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR missed EPS estimates by 12.7%
Reported EPS: $-0.13 vs estimate $-0.12. Our Fair Value of $12.90 may face downward pressure if the trend continues.
SMR filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR beat EPS estimates by 4.3%
Reported EPS: $-0.11 vs estimate $-0.11. Earnings strength supports our Fair Value of $12.90 (37.4% above current price).
SMR filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR missed EPS estimates by 543.9%
Reported EPS: $-0.77 vs estimate $-0.12. Our Fair Value of $12.90 may face downward pressure if the trend continues.
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed annual report (10-K)
Annual filing with full-year financials. Our Altman Z-Score, Moat, and Fair Value models are derived from this data. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
SMR filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
Common questions about NuScale Power Corporation
What is NuScale Power Corporation stock price today?
NuScale Power Corporation (SMR) stock price is $9.39 as of the latest market close, traded on the NYSE exchange.
What does NuScale Power Corporation do?
NuScale Power Corporation provides small modular reactor technology solutions. It offers NuScale Power Module (NPM), a light water nuclear reactor that can generate 77 megawatts of electricity (MWe). It also provides design and nuclear regulatory licensing basis information to construct and operate the power plant; and licensing, design, development, construction, operation, and maintenance of the power plant.
What is NuScale Power Corporation market cap?
NuScale Power Corporation has a market capitalization of $3.85B, classifying it as a mid-cap stock in the Industrials sector.
What sector and industry is SMR in?
NuScale Power Corporation operates in the Industrials sector, specifically within the Specialty Industrial Machinery industry. It trades on the NYSE under the ticker symbol SMR.
Is SMR stock overvalued or undervalued?
Based on our valuation model, NuScale Power Corporation trades 27.2% below our fair value estimate — potentially undervalued.
- FairValueLabs Fair Value: $12.90
- Current Price: $9.39
- Valuation Zone: Watch — Analyst Anchor
What is SMR stock forecast and analyst target price?
Based on 15 Wall Street analysts, the consensus price target for NuScale Power Corporation is $12.90, implying upside of 37.4% from the current price.
- Analyst High Target: $20.00
- Analyst Low Target: $6.00
Note: Analyst targets are shown for reference and are not used in our valuation model.
Is NuScale Power Corporation revenue and earnings growing?
Here are the analyst consensus growth estimates for NuScale Power Corporation:
- Revenue growth (current year est.): -22.3%
- EPS growth (current year est.): 77.8%
- Revenue growth (next year est.): 476.2%
- EPS growth (next year est.): -36.5%
What are NuScale Power Corporation's key financial metrics?
| Metric | Latest | Trend |
|---|---|---|
| Revenue | $0.0B | Rising |
| Net Income | −$0.4B | Declining |
| Free Cash Flow | −$0.5B | Declining |
| Gross Margin | 36.3% | Stable |
What is SMR's P/E ratio?
The price-to-earnings ratio measures how much investors pay per dollar of earnings:
- Forward P/E (next 12 months est.): -15.1x
How volatile is SMR stock?
NuScale Power Corporation has a beta of 2.31, meaning it is significantly more volatile than the broader market. A beta above 1.0 indicates higher price swings relative to the S&P 500, while below 1.0 suggests more stability.
How much cash and debt does NuScale Power Corporation have?
NuScale Power Corporation's balance sheet shows:
- Total Cash: $1.07B
- Total Debt: $6.7M
- Net Cash Position: $1.07B
A positive net cash position means the company holds more cash than debt, reducing financial risk.
What is NuScale Power Corporation's free cash flow?
NuScale Power Corporation generated $-204.6M in trailing twelve-month free cash flow (from $-776.4M in operating cash flow). Free cash flow represents the cash available for dividends, buybacks, and debt reduction after all capital expenditures.
Does NuScale Power Corporation pay a dividend?
NuScale Power Corporation does not currently pay a regular dividend to shareholders. The company may be reinvesting all profits back into growth, or it may have suspended its dividend.
Is NuScale Power Corporation at risk of going bankrupt?
NuScale Power Corporation's Altman Z-Score is 6.25, placing it in the safe zone (above 3.0) — bankruptcy risk is low. The Z-Score uses five balance sheet ratios to predict bankruptcy probability within two years.
Does NuScale Power Corporation have a durable competitive advantage?
NuScale Power Corporation scores 2.6/5 stars (Narrow moat · eroding) in our moat analysis:
- ROIC Stability: 2/5
- Gross Margin Trend: 3/5
- Switching Costs: 3/5
A score above 3.5 suggests meaningful pricing power and a defensible market position.
What is SMR's return on equity (ROE)?
NuScale Power Corporation's return on equity is -55.2%. ROE measures how efficiently a company generates profits from shareholder equity. An ROE above 15% is generally considered strong, while below 10% may signal inefficiency.
How do I buy SMR stock?
SMR shares can be purchased through any brokerage account that provides access to the NYSE. Common steps:
- Open an account with a broker (e.g., Fidelity, Schwab, Interactive Brokers)
- Search for ticker symbol SMR
- Place a market or limit order for your desired number of shares
This is not investment advice. Always do your own research before buying any stock.
Is SMR a value stock or speculative?
FairValueLabs classifies NuScale Power Corporation as Pure Speculation. It lacks the financial stability or valuation margin typically required for value investing. This stock is considered high risk.
Who is the CEO of NuScale Power Corporation?
The current CEO of NuScale Power Corporation is Mr. John Lawrence Hopkins.
What is SMR's earnings per share (EPS)?
Earnings per share measures the company's profit allocated to each outstanding share:
- Trailing EPS (last 12 months): $-2.20
- Forward EPS (next 12 months est.): $-0.62
- Analyst consensus EPS (this year): $-0.48
- Analyst consensus EPS (next year): $-0.66
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FairValueLabs Disclaimer
All valuations, scores, ratings, and classifications on this page are produced by the FairValueLabs internal valuation system. They do not represent actual market value, guaranteed outcomes, or professional investment advice. These are analytical estimates for educational and research purposes only.
This is not financial advice. All data is sourced from SEC EDGAR public filings. Always consult a qualified financial advisor before making investment decisions.
Last updated: Aug 13, 2026. Data sources: SEC EDGAR (financial statements), Yahoo Finance (market data, analyst consensus). Data may not reflect the most recent quarter.
SMR analysis methodology: How we calculate fair value, Z-Scores, and moat ratings