NuScale Power Corporation [NYSE: SMR] stock went on an upward path that rose over 3.39% on Tuesday, amounting to a one-week price decrease of less than -21.75%.
Over the last 12 months, SMR stock rose by 175.71%. The one-year NuScale Power Corporation stock forecast points to a potential upside of 30.42. The average equity rating for SMR stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $4.16 billion, with 122.84 million shares outstanding and 115.28 million shares in the current float. Compared to the average trading volume of 10.62M shares, SMR stock reached a trading volume of 5737114 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on NuScale Power Corporation [SMR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SMR shares is $21.04 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SMR stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Craig Hallum have made an estimate for NuScale Power Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 26, 2024. While these analysts kept the previous recommendation, CLSA raised their target price to Outperform. The new note on the price target was released on September 13, 2024, representing the official price target for NuScale Power Corporation stock. Previously, the target price had yet another drop from $7.50 to $4.50, while Wells Fargo kept a Underweight rating on SMR stock.
The Average True Range (ATR) for NuScale Power Corporation is set at 1.65, with the Price to Sales ratio for SMR stock in the period of the last 12 months amounting to 112.23. The Price to Book ratio for the last quarter was 2.91, with the Price to Cash per share for the same quarter was set at 1.57.
SMR Stock Performance Analysis:
NuScale Power Corporation [SMR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -21.75. With this latest performance, SMR shares dropped by -5.24% in over the last four-week period, additionally plugging by 16.65% over the last 6 months – not to mention a rise of 175.71% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SMR stock in for the last two-week period is set at 38.52, with the RSI for the last a single of trading hit 35.20, and the three-weeks RSI is set at 40.76 for NuScale Power Corporation [SMR]. The present Moving Average for the last 50 days of trading for this stock 20.05, while it was recorded at 15.40 for the last single week of trading, and 16.56 for the last 200 days.
Insight into NuScale Power Corporation Fundamentals:
NuScale Power Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.25 and a Current Ratio set at 5.25.
SMR Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SMR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for NuScale Power Corporation go to 39.38%.
NuScale Power Corporation [SMR] Institutonal Ownership Details
There are presently around $52.52%, or 55.94%% of SMR stock, in the hands of institutional investors. The top three institutional holders of SMR stocks are: VANGUARD GROUP INC with ownership of 6.97 million shares, which is approximately 8.7549%. BLACKROCK INC., holding 4.98 million shares of the stock with an approximate value of $$58.27 million in SMR stocks shares; and BLACKROCK INC., currently with $$53.35 million in SMR stock with ownership which is approximately 5.0957%.
