NuScale Power (SMR) falls 11.31% intraday after UBS downgrade

ByAinvest Wire
Friday, Sep 11, 2026 11:09 am ET1min read
SMR--
NuScale Power (SMR) shares fell 11.31% in intraday trading after UBS downgraded the stock from Neutral to Sell, cutting its price target from $10.00 to $6.00. Analysts cited extended project timelines, lack of firm customer commitments, competitive pressures, and a forecast of $700 million in cumulative cash burn from 2026 to 2028 as key reasons for the downgrade.

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