NuScale Power Experiences Share Surge Amid Capital Raising Efforts
NuScale Power (NYSE: SMR) has seen its stock surge by 41% in January 2026, recovering from a brutal decline of 61% in the last quarter of 2025. The recent uptick is attributed to increased investor interest in the nuclear energy sector, particularly following significant partnerships in nuclear energy announced by companies like Meta Platforms. However, the firm is issuing additional shares to raise capital, doubling its authorized shares from 332 million to 662 million, which has raised concerns about potential share dilution.
NuScale’s largest shareholder, engineering giant Fluor (NYSE: FLR), plans to sell its entire stake by mid-2026, further complicating the company’s recovery. In light of these developments, Bank of America analyst Dimple Gosai upgraded NuScale’s rating from “underperform” to “neutral,” adjusting the price target to $28, representing a potential upside of nearly 40% despite recent gains.
NuScale’s small modular reactors (SMRs), capable of generating 77 MWe each and scalable up to 12 modules, position the company as a key player in the evolving nuclear energy landscape.
