NuScale Power Surges 34% Amid Fuel Cell and AI Boom

NuScale Power Corporation (NYSE:SMR) shares surged 34.07% week-on-week to $50.25, driven by optimism about the fuel cell market's projected 21.2% annual growth through 2029 and upcoming Q2 earnings. Investors are also watching for potential deals with companies following the US government's target to quadruple the nuclear power industry by 2050.

NuScale Power Corporation (NYSE: SMR) shares have experienced a notable 34.07% week-on-week increase, reaching $50.25. This surge is primarily driven by optimism surrounding the fuel cell market's projected 21.2% annual growth through 2029 [1]. Additionally, investors are closely monitoring the company's second quarter earnings call scheduled for August 7, 2025 [2].

The fuel cell market's robust growth prospects have bolstered investor confidence in NuScale's small modular reactor (SMR) technology. The company's commitment to enhancing its SMR technology and optimizing hydrogen production through partnerships with GSE Solutions and Paragon Energy Solutions has further contributed to its positive market performance [3]. The recent appointment of Shahram Ghasemian as Chief Legal Officer is also seen as a move to strengthen the company's corporate governance [4].

Furthermore, the U.S. government's target to quadruple the nuclear power industry by 2050 has created an environment of optimism for NuScale and other nuclear energy companies [5]. This target, coupled with the company's advancements in SMR technology, has positioned NuScale as a potential beneficiary of future government initiatives and strategic deals.

Despite the positive market sentiment, challenges remain. NuScale continues to invest heavily in technology refinement and cost reduction, which may impact its short-term profitability [6]. Long-term agreements and supply chain management issues also pose potential hurdles [7].

Analysts project strong revenue growth for NuScale, but the path to profitability remains uncertain in the near term [8]. The company's current share price of $50.25 trades above the consensus analyst price target of $37.59, indicating limited upside according to current analyst expectations [9].

NuScale's impressive total shareholder return of 309.73% over the past three years, including share price increases and dividends, highlights the company's resilience in the competitive energy sector [10]. As NuScale continues to refine its technology and secure strategic partnerships, investors will be closely watching its earnings reports and market performance.

References:
[1] https://stockanalysis.com/stocks/smr/
[2] https://finance.yahoo.com/news/nuscale-power-smr-sees-174-044542108.html
[3] https://stockanalysis.com/stocks/smr/
[4] https://stockanalysis.com/stocks/smr/
[5] https://stockanalysis.com/stocks/smr/
[6] https://stockanalysis.com/stocks/smr/
[7] https://stockanalysis.com/stocks/smr/
[8] https://stockanalysis.com/stocks/smr/
[9] https://stockanalysis.com/stocks/smr/
[10] https://stockanalysis.com/stocks/smr/