NuScale Power Trading Volume Drops 40% to Rank 491st Despite 8-Day Winning Streak

On May 19, 2025, NuScale Power (SMR) closed with a trading volume of $170 million, marking a 40.19% decrease from the previous day. The stock ranked 491st in terms of trading volume for the day. NuScale Power (SMR) rose by 1.45%, marking its eighth consecutive day of gains, with a total increase of 47.62% over the past eight days.

On May 19, 2025, Goldman Sachs initiated coverage on NuScale Power (SMR), assigning a neutral rating to the stock. This move by Goldman Sachs is significant as it marks the first time the investment bank has provided an official rating for NuScale Power. The neutral rating suggests that Goldman Sachs sees the stock as fairly valued at its current price, neither overvalued nor undervalued. This rating could influence investor sentiment and potentially stabilize the stock price in the short term.

Goldman Sachs has set a target price of $24 for NuScale Power (SMR). This target price is based on the investment bank's analysis of the company's financial health, market position, and growth prospects. The target price provides investors with a benchmark to evaluate the stock's potential upside or downside. If the stock price reaches the target price, it would represent a significant gain from its current level, indicating strong investor confidence in the company's future performance.