Why NuScale Power Stock Plunged 55% in November

• NuScale Power's tiny modular atomic reactor exertion has coagulated potential.

• The institution besides has a commercialized partner, which should assistance it grow.

• NuScale Power's largest shareholder, however, is readying to merchantability its stake.

• 10 stocks we similar amended than NuScale Power ›

Shares of NuScale Power (NYSE: SMR) logged their worst period successful 2025 arsenic they plunged 55.4% successful November, according to information provided by S&P Global Market Intelligence.

At 1 constituent successful the year, NuScale Power banal was up a staggering 200%. After November's large fall, its year-to-date summation has dropped to lone 19%, arsenic of the clip of this writing. What went incorrect with the erstwhile red-hot atomic vigor stock?

NuScale Power is processing tiny modular reactors (SMRs) called VOYGR based connected its halfway technology, the NuScale Power Module (NPM). Each NPM tin make 77 Mwe (megawatt electric), and each VOYGR works is scalable to accommodate up to 12 NPMs. That's wherever the entreaty of SMRs lies: they tin beryllium installed successful compact and distant locations and are scalable arsenic required, nary of which is imaginable successful accepted atomic powerfulness plants.

Amid the ongoing planetary displacement from fossil fuels to cleanable energy, atomic vigor is garnering important attraction arsenic a important carbon-free vigor source. With President Donald Trump aggressively pushing to deploy precocious atomic technologies, including SMRs, investors expect large things up for NuScale Power.

They besides already expect to spot the interaction connected NuScale Power's numbers, and that's wherever portion of the occupation lies.

NuScale Power is inactive a start-up and has yet to commercialize its technology. Whatever small gross it earns presently is for engineering services provided to RoPower successful Romania. Also, NuScale requires a batch of wealth to make plants, making fundraising an ongoing concern.

So erstwhile NuScale reported its third-quarter numbers connected Nov. 6 and its numbers "missed" Wall Street estimates, the banal sank. The institution posted a nett nonaccomplishment of $273 cardinal connected $8 cardinal successful revenue. It besides issued shares during the 4th to rise $475 million.

Soon after, respective analysts slashed their terms targets connected the stock, adding to the unit connected the banal price. One of the astir notable cuts was from UBS, with expert Jon Windham reducing NuScale Power's terms people from $38 per stock to $20 per share, citing headwinds specified arsenic delays successful the Romania task and imaginable further banal dilution.

NuScale Power has an exclusive concern with ENTRA1 Energy to commercialize its SMR exertion globally. It's a important partnership, arsenic overmuch of NuScale's fiscal and execution load is passed connected to ENTRA1 Energy. ENTRA1 Energy precocious secured a declaration to deploy up to 6 gigawatts of atomic powerfulness capableness to the Tennessee Valley Authority crossed 7 states successful the U.S. The deployment volition utilize NuScale Power SMRs. ENTRA1 could besides person up to $25 cardinal successful backing nether the $550 cardinal U.S.-Japan Framework Agreement.