Core Viewpoint - NuScale Power's stock has experienced a significant decline following a downgrade by TD Cowen analyst Marc Bianchi, who shifted the rating from buy to hold due to anticipated negative catalysts affecting the stock [1][4]. Group 1: Stock Performance - NuScale Power's shares fell by 9.3% as of 11:45 a.m. ET on Wednesday [1]. - The stock has already seen a 36% decline over the past year, indicating ongoing investor concerns [1]. Group 2: Project Developments - Nuclearelectrica is expected to make a Final Investment Decision (FID) on its Doicesti Romanian small modular reactor (SMR) project this week, with Bianchi predicting that the project will proceed but with increased risk shifted to NuScale and a potential delay in completion to 2033 or 2034 [2]. - The original completion date was anticipated to be no later than 2030, making this a significant setback for NuScale [2]. Group 3: Market Implications - Bianchi suggests that other nuclear utilities are observing the Doicesti project as a test case for NuScale's commercial viability, which could influence their future decisions [3]. - Delays in the Doicesti project could have cascading effects on the timelines for NuScale's other customers, potentially pushing back the company's expected profitability, which analysts had projected for 2030 [4].

Core Viewpoint - NuScale Power is focused on developing small modular reactors (SMRs) for power generation, facing significant competition and valuation concerns in the market [1][2][4]. Company Overview - NuScale Power is developing small modular reactors (SMRs) that are designed to be more efficient and flexible than traditional nuclear power plants [1]. - The company plans to develop up to 6 gigawatts of SMR capacity but faces challenges such as securing power purchase agreements and licensing [4][6]. Financial Performance - NuScale's stock was downgraded to "Hold" by Cowen & Co. at a price of $16.75, reflecting concerns about its valuation [2]. - The company's price-to-sales (P/S) ratio is 33.46, significantly higher than the industry average of 8.39, indicating potential overvaluation [2][6]. - Over the past six months, NuScale's shares have dropped by 54.1%, underperforming its peers [3][6]. - The stock is currently priced at $16.75, with a market cap of approximately $4.99 billion and a trading volume of 14,086,954 shares [5]. Competitive Landscape - NuScale faces stiff competition from companies like BWX Technologies, Constellation Energy, and GE Vernova, which have lower P/S multiples of 4.89, 3.48, and 4.66, respectively [4][6].

Core Insights - Tradr ETFs has launched two new leveraged short ETFs targeting Bloom Energy and Nuscale Power, aiming to deliver -200% of the daily performance of these stocks [1] - The new ETFs are designed for sophisticated investors and professional traders, providing tools to express high conviction views in volatile markets [1] Product Launch - The newly launched ETFs are: - Tradr 2X Short SMR Daily ETF (Cboe: SMZ) tracking Nuscale Power Corp. (NYSE: SMR) - Tradr 2X Short BE Daily ETF (Cboe: BEZ) tracking Bloom Energy Corp. (NYSE: BE) [1] - These ETFs are first-to-market strategies, complementing existing long strategies on the same stocks [1] Market Context - Tradr ETFs currently manages over $2 billion in assets across 64 leveraged ETFs, indicating strong market presence and investor interest [1] - The firm emphasizes the volatility of the underlying stocks, suggesting that these inverse strategies provide traders with additional tools to manage risk and capitalize on market movements [1] Investor Accessibility - Tradr's ETFs can be accessed through most brokerage platforms, simplifying the investment process by avoiding margin and options trading complexities [1] - The firm aims to enhance the trading capabilities of sophisticated investors by offering innovative tools for precise market expression [1]

Group 1 - Tradr ETFs has launched two new leveraged short ETFs on single stocks, specifically targeting Bloom Energy and Nuscale Power, which are designed to deliver -200% of the daily performance of these stocks [1] - The new ETFs are first-to-market strategies and are expected to open for trading, with a combined asset value of $150 million [1] - The head of product and capital markets at Tradr ETFs noted that the long strategies on Bloom Energy and Nuscale have been well-received by traders, indicating a strong interest in these volatile stocks [1] Group 2 - The leveraged short ETFs provide traders with a tool to express a high conviction view when market momentum is stretched or valuations are perceived as too high [1] - The ETFs are listed on Cboe and are specifically the Tradr 2X Short BE Daily ETF tracking Bloom Energy and the Tradr 2X Short SMR Daily ETF tracking Nuscale Power [3]

Core Viewpoint - NuScale Power (SMR) is currently overvalued with a high price-to-sales (P/S) ratio compared to its industry peers, raising concerns about its ability to justify such valuations amid near-term challenges [1][4]. Valuation Comparison - NuScale Power's forward 12-month P/S ratio is 33.46X, significantly higher than the Zacks Electronics-Power Generation industry's ratio of 8.39X [1]. - Compared to peers, BWX Technologies, Constellation Energy, and GE Vernova have P/S multiples of 4.89X, 3.48X, and 4.66X, respectively [2]. Expansion Plans and Risks - NuScale Power plans to support up to 6 gigawatts (GW) of new nuclear capacity through partnerships with ENTRA1 and the Tennessee Valley Authority (TVA), involving about 72 small modular reactor modules [5]. - The first plant is expected to begin delivering power around 2030, but the company faces execution risks related to site selection, engineering work, and finalizing power purchase agreements (PPAs) [6]. Financial Performance and Market Sentiment - The company reported revenues of $8.2 million for the third quarter of 2025, while total payments to ENTRA1 could reach several billion dollars before any equipment orders are received [9]. - NuScale Power's stock has declined 54.1% over the past six months, underperforming the industry's decline of 50% [10][8]. Competitive Landscape - NuScale Power faces stiff competition in the nuclear energy sector from companies like Constellation Energy, BWX Technologies, and GE Vernova, which are advancing their own projects and technologies [14]. Technical Indicators - NuScale Power shares have dipped below their 50-day and 200-day moving averages, indicating a bearish trend and potential for continued downward pressure [18]. Conclusion - Given the stretched valuation, execution risks, and competitive pressures, a cautious approach to NuScale Power stock is warranted [21].

Core Insights - NuScale Power Corporation is recognized as one of the best nuclear energy stocks to buy, with a focus on its unique position as the only small modular reactor developer approved by the U.S. Nuclear Regulatory Commission [1] Group 1: Company Ratings and Price Targets - Texas Capital initiated coverage of NuScale with a Buy rating and a price target of $23, emphasizing its low-enriched uranium fuel choice as a key differentiator that reduces supply chain risk [1] - Bank of America upgraded NuScale from Underperform to Neutral, setting a price target of $28, down from $34, citing the recent stock pullback as aligning deployment expectations closer to its base case [2] Group 2: Strategic Partnerships and Technology - In Q3 2025, TVA and ENTRA1 announced an agreement for the potential deployment of up to 6 gigawatts of new nuclear capacity using NuScale's SMR technology, highlighting the company's advanced position in the small modular reactor market [3] - NuScale's technology centers on the NuScale Power Module, a light-water reactor design capable of generating 77 megawatts per unit, positioning the company as a leader in the SMR space [3] Group 3: Market Context and Challenges - Texas Capital noted that NuScale offers differentiated exposure to advanced nuclear development with lower regulatory, supply chain, and execution risks compared to peers [1] - Bank of America indicated that 2026 is expected to be a screening year for small modular reactors, suggesting that while policy momentum is improving, it does not significantly accelerate deployment timelines [2]

Core Viewpoint - NuScale Power's stock experienced a significant increase of 23.4% in January, driven by political support for nuclear energy and an analyst upgrade from Bank of America [1][6]. Group 1: Political and Regulatory Environment - The U.S. House of Representatives Energy Subcommittee held hearings on January 5 to discuss a nuclear acceleration roadmap, indicating bipartisan support for expanding nuclear technology in the energy grid [2]. - The timeline for nuclear energy development includes operational experimental reactors by July 4, 2026, multiple small modular reactors (SMRs) by the end of 2027, and nuclear power on military bases by 2028, reflecting a renewed urgency in the industry [3]. Group 2: Company-Specific Developments - NuScale holds the only SMR design certification from the Nuclear Regulatory Commission, which positions the company favorably for regulatory streamlining and faster deployment [5]. - Bank of America upgraded NuScale's stock from "Underperform" to "Neutral" on January 9, setting a price target of $28, citing positive factors such as a licensing agreement with the Tennessee Valley Authority and the advantages of its light-water reactor design [6]. Group 3: Market Dynamics and Challenges - The stock rally faced challenges when Microsoft reported earnings that raised concerns about AI infrastructure spending, which could impact growth for companies like NuScale that are linked to AI demand [7][8]. - The energy demand driven by AI has been a key factor in NuScale's stock performance over the past two years, and any decline in this demand could negatively affect the company's stock [8].

Core Insights - Nuclear energy is gaining attention as a potential solution for the power needs of AI, with NuScale Power and Oklo being two prominent companies in this sector [1] - NuScale has faced challenges, including a 30% decline in stock value over the past year, although it has rebounded by over 20% year-to-date as of February 3, 2026 [1] - Oklo's stock experienced significant volatility but showed strong momentum heading into 2026, supported by partnerships with major entities like the U.S. Department of Energy and Meta Platforms [3][4] Company Summaries NuScale Power - NuScale develops small modular reactor technology and has struggled in 2025 due to a major investor selling its stake, missing earnings expectations, and concerns over share dilution [2] - The company is further along in its development compared to Oklo but needs to transition from engineering revenue to actual contract deployment [6] - Limited revenue growth is primarily from engineering services, and the company is still far from profitability [5] Oklo - Oklo designs fast-fission power plants and had a strong stock performance in 2025, although it is characterized by significant volatility [3] - The company has a stronger balance sheet with approximately $1.2 billion in cash and marketable securities, providing a substantial runway for growth [5] - Oklo is gaining traction through partnerships with hyperscalers, enhancing its credibility and market position [6]

Group 1: Oracle Corporation - Oracle Corporation continues to expand its cloud services, reporting a 25% year-over-year increase in cloud revenue, reaching $3.2 billion [1] - The company is focusing on artificial intelligence integration within its cloud offerings, which is expected to drive further growth [1] - Oracle's overall revenue for the last quarter was reported at $12.4 billion, reflecting a 10% increase compared to the previous year [1] Group 2: Cameco Corp - Cameco Corp has announced plans to increase uranium production, targeting a 40% increase by 2025 to meet rising global demand [1] - The company reported a net income of $200 million for the last quarter, a significant increase from $50 million in the same period last year [1] - Cameco's stock has seen a 15% increase in value over the past six months, driven by favorable market conditions for uranium [1] Group 3: Oklo Inc - Oklo Inc is advancing its small modular reactor technology, with plans to begin commercial operations by 2026 [1] - The company has secured $100 million in funding to support its development and regulatory processes [1] - Oklo's innovative approach aims to provide a more sustainable and efficient energy solution, appealing to both investors and policymakers [1] Group 4: Nuscale Power Corp - Nuscale Power Corp has received regulatory approval for its small modular reactor design, marking a significant milestone in its development [1] - The company is projected to generate $1 billion in revenue by 2030, driven by increasing interest in nuclear energy as a clean power source [1] - Nuscale's technology is positioned to play a crucial role in the transition to low-carbon energy systems [1]

Core Insights - Aegis Critical Energy Defence Corp. has officially formed a new subsidiary, Homeland Nuclear Energy Inc., focused on Small Modular Reactor (SMR) and Micro Modular Reactor (MMR) technologies [1][2] Strategic Expansion - The establishment of Homeland Nuclear represents a strategic move to enhance Aegis's mission of providing sovereign, mission-critical power by commercializing hybrid energy systems that integrate modular nuclear power with Battery Energy Storage Systems (BESS) [2][3] Strategic Mandate - Homeland Nuclear will focus on three core pillars: Infrastructure Integration, Sovereign Energy Security, and Regulatory & Safety Leadership, aimed at addressing energy independence needs, particularly in the Arctic and critical infrastructure [3][7] Synergies with Aegis Ecosystem - The new subsidiary will utilize Aegis's existing technology stack, including quantum-secured energy management controls and ruggedized battery hardware, to create "plug-and-play" nuclear-hybrid microgrids that can be deployed more rapidly and securely than traditional plants [4][5] Dedicated Focus - By isolating nuclear integration within a specialized subsidiary, Aegis ensures a concentrated effort on the unique licensing, safety, and engineering requirements of the nuclear sector while continuing to expand its core BESS and telecom business lines [5][6]