NuScale Power (SMR) Shares Soar 18.29% on Trump Orders, Analyst Upgrade

NuScale Power (SMR) shares surged to a record high today, with an intraday gain of 18.29%. The stock has been on a remarkable run, rising 17.46% in a single day and marking its fourth consecutive day of gains, with a cumulative increase of 51.28% over the past four days.

The strategy of buying SMR shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a 7.56% annualized gain. This result indicates that the strategy captured some of the subsequent price appreciation, but the returns were not significantly high. The maximum drawdown of -10.47% during the same period highlights the risk of holding a stock post-high, emphasizing the importance of considering risk factors in such a volatile scenario.

NuScale Power's recent surge in stock price can be attributed to several key factors. The company's market capitalization has exceeded $10 billion, reflecting heightened investor interest and confidence in its performance. This milestone has drawn significant attention from both analysts and investors, contributing to the stock's upward momentum.

One of the primary drivers behind NuScale Power's recent gains is the executive orders issued by President Trump. These orders are aimed at promoting the development of nuclear energy in the United States, which has further fueled investor enthusiasm for the company. The focus on nuclear energy aligns with NuScale Power's core business, positioning it favorably in the market.

Additionally, a CLSA analyst recently raised the price target for NuScale Power from $31 to $41, while maintaining an Outperform rating. This positive outlook from a reputable analyst has likely influenced investor sentiment, further boosting the stock's performance. The increased price target and favorable rating have contributed to a more optimistic view of the company's future prospects, driving up demand for its shares.