Why NuScale Power Stock Jumped 33% in January

Core Insights - NuScale Power's stock has experienced significant growth, with a 33% increase in January and a 41% rise year-to-date as of the report [1] - The return of Donald Trump as president has positively impacted investor sentiment towards nuclear energy, particularly for NuScale Power, which specializes in small modular reactors (SMRs) [2][5] - The International Energy Agency (IEA) has recognized the importance of nuclear energy in combating climate change and energy security, projecting a peak in global nuclear energy generation by 2025 and highlighting SMR technology as a key growth driver [3] Company Highlights - NuScale Power's SMR design is the first to receive certification from the U.S. Nuclear Regulatory Commission, positioning the company as a leader in SMR development [5] - The company's stock has been buoyed by a recent upgrade from B. Riley Financial, with the price target raised from $14 to$28 per share, reflecting strong market expectations [8] - Investors are optimistic about NuScale Power's potential to benefit from the anticipated growth in global nuclear power, despite the company not yet having commercialized any projects [9] Industry Context - The IEA's report and Trump's pro-nuclear stance have sparked a buying frenzy in NuScale Power's stock, indicating strong market confidence in the future of nuclear energy [7] - Trump's administration is expected to prioritize domestic energy resources, including nuclear energy, which may further enhance the industry's growth prospects [6] - SMRs are seen as a solution for providing reliable power in remote locations, expanding the potential market for nuclear energy [4]