NuScale Power is currently facing a valuation concern, indicated by a Value Score of F, with shares trading at a forward 12-month price/sales (P/S) ratio of 90.42X, compared to its median of 29.14X and the Zacks Computer and Technology sector’s 6.30X. Despite this, the company’s stock has surged 73.2% year-to-date, outperforming the sector’s 0.4% gain, attributed to rising electricity demand and clean energy needs, particularly from the data center sector.
Data centers are projected to triple their energy use within three years, comprising 12% of U.S. electricity consumption by 2028, providing an opportunity for NuScale’s Small Modular Reactor (SMR) technology. The U.S. Nuclear Regulatory Commission approved an upgraded 250 MWt design for NuScale’s SMRs in May 2025, supporting deployment plans by 2030. Major tech companies, including Microsoft and Meta Platforms, have shown strong interest in using SMR technology for sustainable energy solutions, further enhancing NuScale Power’s market position.
