Why did SMR stock jump? — 2026-11-06

Research session: 2026-11-06. Published: 2026-11-06T21:35:39.670928+00:00.

Final report

SMR — NuScale Power Corporation Class A Common Stock

Session close: $5.08. Regular-session share volume: 37,037,370. Change from previous close: +16.25%.

Key developments

NuScale said it moved from reactor development into physical module manufacturing through an agreement with Doosan Enerbility to produce first-article components for its power module, while holding the only NRC-approved small modular reactor design. Management cited substantial liquidity to fund fabrication and engineering, and said it is preparing licensing work for a potential Tennessee Valley Authority project while engaging other utilities and industrial customers.

Company news SMR Q3 Earnings Call Highlights Shift to Module Manufacturing · Company news NuScale Power Corp (SMR) (Q3 2026) Earnings Call Highlights: First Article Production Begins as ... · Company news NuScale Power Q3 2026 Earnings Call Transcript

Quarterly revenue fell sharply as prior front-end engineering work concluded, and the company posted a net loss with higher operating expenses. RBC Capital Markets maintained a Sector Perform rating while cutting its price target, and reporting noted TVA negotiations remain key to securing commercial orders.

Company news RBC Capital Markets Adjusts NuScale Power Price Target · Company news SMR Q3 Earnings Call Highlights Shift to Module Manufacturing · Company news NuScale Power Corporation (SMR) Reports Q3 Loss, Lags Revenue Estimates · Company news NuScale Power Corporation Reports Third Quarter 2026 Financial Results

News sources

Company news Canaccord Genuity Maintains Buy on NuScale Power, Lowers Price Target to $11 · Company news RBC Capital Markets Adjusts NuScale Power Price Target · Company news RBC Capital Maintains Sector Perform on NuScale Power, Lowers Price Target to $5 · Company news SMR Q3 Earnings Call Highlights Shift to Module Manufacturing · Company news Cantor Fitzgerald Maintains Overweight on NuScale Power, Lowers Price Target to $15 · Company news NuScale Power Corp (SMR) (Q3 2026) Earnings Call Highlights: First Article Production Begins as ... · Company news NuScale Power Corporation (SMR) Reports Q3 Loss, Lags Revenue Estimates · Company news NuScale Power Corporation Reports Third Quarter 2026 Financial Results · Company news NuScale Power Q3 2026 Earnings Call Transcript · Company news NuScale Power Q3 EPS $(0.11) Beats $(0.26) Estimate, Sales $281.000K Miss $10.146M Estimate · Company news NuScale Power Reports Third Quarter 2026 Results

Full report for 2026-11-06