While there is no specific news today explaining the movement of NuScale Power Corporation (SMR) stock, discussions on Reddit have been active, particularly focusing on the broader small modular reactor (SMR) space. A Reddit user highlighted ongoing negotiations for the UK's small modular reactor program, noting that SMRs take a long time to establish. The user expressed optimism about the future, mentioning that February's announcements could project significant growth for 2025/2026, with potential pre-tax income reaching 4 to 5 billion. This reflects a broader confidence in the global market for SMRs, especially as they are slowly being deployed across Europe.
The Reddit community also discussed the reinstatement of dividends and the strategic choices made by key figures in the industry, such as Tufan, who has chosen the UK as a focal point, aligning with the country's net-zero target by 2030. The discussions suggest a positive outlook for the stock, with one user expressing excitement for a potential increase in stock value in the new year.
NuScale Power Corporation (SMR) is currently trading at $18.48, reflecting a 1.48% increase from the previous close.