RBC Capital has initiated coverage on Nuscale Power Corp (SMR) with a Sector Perform rating as of September 14, 2025. This marks the firm's first assessment of the company's investment potential.
Nuscale Power Corp, headquartered in Corvallis, Oregon, specializes in advanced small modular reactor (SMR) nuclear technology. The company aims to contribute to the global energy transition by delivering safe, scalable, and reliable carbon-free energy. It currently has a market capitalization of $6.3 billion and employs 330 full-time staff.
The company’s proprietary NuScale Power Module can generate 77 megawatts of electricity (MWe) or 250 megawatts thermal (gross), with configurations scalable up to 924 MWe. In addition to selling SMRs, Nuscale offers a suite of services throughout the development and operational life of power plants, including licensing support and fuel supply services.
As of November 1, 2025, the analyst consensus for Nuscale Power Corp includes 1 Strong Buy, 9 Buy, 7 Hold, 2 Sell, and 1 Strong Sell, with a consensus rating of Hold. Recent earnings performance has been mixed, with the Q3 2025 EPS reported at -$1.85, significantly below the estimate of -$0.15.
Investors should note that analyst ratings are based on research and financial models, reflecting various assumptions that may not materialize. The upcoming earnings report is scheduled for August 5, 2026, with an estimated EPS of -$0.12 and revenue of $27.0 million.