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NuScale Power Stock Surges 21.64% in Four Days, Trading Volume Ranks 210th

Market BriefTuesday, May 13, 2025 7:52 pm ET
1min read

On May 13, 2025, NuScale Power (SMR) experienced a significant surge, with its stock price rising by 21.64%, marking the fourth consecutive day of gains and a total increase of 30.28% over the past four days. The trading volume reached $528 million, placing it at the 210th position in the daily market rankings.

NuScale Power reported its first-quarter 2025 results, highlighting continued progress in its strategic initiatives. The company's Phase 2 Front-End Engineering and Design (FEED) study for the RoPower Doicești power plant is advancing, with the Standard Design Approval application for the 77 MWe design on track for anticipated approval by the U.S. Nuclear Regulatory Commission (NRC) by July 2025. NuScale is also accelerating its manufacturing preparedness and enhancing supply chain readiness to position itself for the commercial deployment of its first NuScale Power Module™ in 2030.

Advanced discussions with hyperscalers, government officials, utilities, and industrials in the U.S. and globally are ongoing, reflecting NuScale's strong market position. The company's improved cash balance in the first quarter of 2025 reinforces its strong liquidity and financial position, with cash, cash equivalents, and short-term investments totaling $521.4 million. Additionally, NuScale successfully sold 4.5 million shares through its At-The-Market (ATM) program, generating $102.4 million in gross proceeds.

Revenue for the first quarter of 2025 increased by $12.0 million to $13.4 million, driven by revenues from the FEED Phase 2 project and the Technology License Agreement for the RoPower Doicești power plant. Operating expenses decreased by $2.3 million to $42.3 million, primarily due to lower research and development expenses, partially offset by higher general and administrative expenses as the company transitions from research and development to commercialization. NuScale incurred a loss from operations of $35.3 million, a reduction from the $44.0 million loss in the same period last year, reflecting a higher gross margin and lower operating expenses.

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