NuScale Power Shares Plunge 4.16% as Landmark SMR Deal Drives 215th Trading Volume Ranking

. 5, , , ranking 215th in the stock market. The decline came amid developments in the company's partnership with ENTRA1 Energy and the Tennessee Valley Authority (TVA) to deploy 6 gigawatts of small modular reactor (SMR) capacity, marking the largest SMR project in U.S. history. The initiative, spanning TVA’s seven-state territory, , aligning with surging electricity demand driven by semiconductor and AI industries.

The collaboration has been framed as a “transformational moment” by NuScale CEO , emphasizing the role of carbon-free energy in supporting national security and economic resilience. ENTRA1’s highlighted the critical need for reliable baseload power to sustain innovation and supply chains. Despite the strategic significance of the project, analysts remain divided on its market implications. Canaccard Genuity upgraded its price target to $60 with a “Buy” rating, citing the TVA deal as a pivotal milestone. Conversely, Bank of America maintained a “Neutral” stance, noting that NuScale’s current valuation may already reflect much of the optimism, with the first TVA deployment not expected until 2030.

The project underscores the long-term commercial challenges for SMR technology, despite favorable policy shifts and demand from energy-intensive sectors. NuScale now faces the dual task of proving its technology’s viability while navigating regulatory and capital hurdles. For now, the company remains central to the U.S. nuclear revival, with the success of this deployment potentially shaping its trajectory in the coming years.

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