{"data":{"ticker":"SMR","slug":"nuscale-power","name":"NuScale Power","exchange":"NYSE","sector":"Industrials","headquarters":"Portland, Oregon","ceo":"John Lawrence Hopkins","employees":428,"website":"https://www.nuscalepower.com","founded":"2007","layers":[{"slug":"power-energy","name":"Power & Energy"}],"exposure":{"score":70,"tier":"Core","rationale":"NuScale develops small modular nuclear reactors, and hyperscaler demand for carbon-free data center power is the core commercial catalyst. It is pre-revenue at scale, so nearly all upside hinges on AI-era electricity demand turning designs into orders."},"quote":{"price":5.08,"change24hPct":16.25,"change7dPct":-9.61,"change30dPct":-30.6,"change1yPct":-83.26,"high52w":30.34,"low52w":4.37,"marketCap":2084778752,"peRatio":null,"eps":-2.92,"volume24h":206452022},"nextEarningsDate":"2026-11-05","summary":"NuScale Power develops small modular nuclear reactors, a design that packages nuclear generation into smaller, factory built units. Its target customers include data center operators who need large amounts of reliable, carbon free electricity, and its commercial future depends on turning reactor designs into signed orders.","explainer":["NuScale Power develops small modular nuclear reactors, a design that packages nuclear generation into smaller, factory built units. Its target customers include data center operators who need large amounts of reliable, carbon free electricity, and its commercial future depends on turning reactor designs into signed orders.","Its technology stack includes AI reactor monitoring, digital twin models of its reactors, grid optimization tools, and AI safety systems. These support the reactors rather than stand alone as products.","Founded in 2007 and headquartered in Portland, Oregon, NuScale employs about 430 people under CEO John Hopkins and trades on the NYSE."],"buildoutRole":"NuScale sits in the Power & Energy layer of the buildout, where the binding constraint on AI growth is electricity. Hyperscalers need firm, carbon free power for data centers, and small modular reactors are one of the few technologies that could supply it at scale. NuScale is not yet generating revenue at scale, so nearly all of its upside hinges on AI era electricity demand converting designs into orders. That dependence is why Supercycle scores its AI exposure at 70 out of 100.","faq":[{"q":"What does NuScale Power do?","a":"NuScale develops small modular nuclear reactors, factory built units designed to supply reliable, carbon free electricity. Data center operators are a key target customer for its designs."},{"q":"How is NuScale exposed to AI?","a":"Hyperscaler demand for carbon free data center power is its core commercial catalyst. It is pre-revenue at scale, so upside hinges on AI electricity demand turning designs into orders. Supercycle scores it 70 out of 100."},{"q":"What are NuScale's main technologies?","a":"Small modular reactor designs supported by AI reactor monitoring, digital twin reactor models, grid optimization tools, and AI safety systems."},{"q":"Who leads NuScale and where is it based?","a":"CEO John Hopkins leads NuScale from Portland, Oregon. Founded in 2007, the company employs about 430 people and trades on the NYSE."},{"q":"Is SMR a pure play AI stock?","a":"Not in the usual sense: NuScale is a nuclear technology company. But its commercial fate is tied to AI era electricity demand, which is why its Supercycle AI Exposure Score is 70 out of 100."}],"history1y":[{"date":"2026-09-28","close":7.91},{"date":"2026-09-29","close":7.76},{"date":"2026-09-30","close":7.9},{"date":"2026-10-01","close":7.79},{"date":"2026-10-02","close":7.75},{"date":"2026-10-05","close":7.68},{"date":"2026-10-06","close":8.02},{"date":"2026-10-07","close":7.67},{"date":"2026-10-08","close":7.32},{"date":"2026-10-09","close":7.2},{"date":"2026-10-12","close":6.7},{"date":"2026-10-13","close":6.49},{"date":"2026-10-14","close":5.83},{"date":"2026-10-15","close":6.15},{"date":"2026-10-16","close":5.83},{"date":"2026-10-19","close":5.69},{"date":"2026-10-20","close":5.58},{"date":"2026-10-21","close":5.5},{"date":"2026-10-22","close":5.38},{"date":"2026-10-23","close":5.38},{"date":"2026-10-26","close":5.27},{"date":"2026-10-27","close":5.7},{"date":"2026-10-28","close":5.67},{"date":"2026-10-29","close":5.92},{"date":"2026-10-30","close":5.62},{"date":"2026-11-02","close":5.35},{"date":"2026-11-03","close":5.37},{"date":"2026-11-04","close":5.13},{"date":"2026-11-05","close":4.37},{"date":"2026-11-06","close":5.08}],"incomeStatements":[{"ticker":"SMR","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","revenue":31479000,"cost_of_revenue":20048000,"gross_profit":11431000,"operating_expense":0,"operating_income":-689571000,"net_income":-355794000,"earnings_per_share":-2.17,"earnings_per_share_diluted":-2.17,"research_and_development":45532000,"selling_general_and_administrative_expenses":609825000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"SMR","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","revenue":37045000,"cost_of_revenue":4937000,"gross_profit":32108000,"operating_expense":0,"operating_income":-138725000,"net_income":-136623000,"earnings_per_share":-1.47,"earnings_per_share_diluted":-1.47,"research_and_development":46817000,"selling_general_and_administrative_expenses":75901000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"SMR","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","revenue":22810000,"cost_of_revenue":18961000,"gross_profit":3849000,"operating_expense":0,"operating_income":-275565000,"net_income":-58362000,"earnings_per_share":-0.8,"earnings_per_share_diluted":-0.8,"research_and_development":156050000,"selling_general_and_administrative_expenses":65404000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0},{"ticker":"SMR","report_period":"2022-12-31","fiscal_period":"2022-FY","period":"annual","currency":"USD","revenue":11804000,"cost_of_revenue":7317000,"gross_profit":4487000,"operating_expense":0,"operating_income":-229995000,"net_income":-57069000,"earnings_per_share":-0.51,"earnings_per_share_diluted":-0.51,"research_and_development":127662000,"selling_general_and_administrative_expenses":55307000,"interest_expense":0,"income_tax_expense":0,"weighted_average_shares_diluted":0}],"balanceSheets":[{"ticker":"SMR","report_period":"2025-12-31","fiscal_period":"2025-FY","period":"annual","currency":"USD","total_assets":1412512000,"current_assets":1272572000,"cash_and_equivalents":836417000,"total_liabilities":298961000,"current_liabilities":296056000,"total_debt":0,"shareholders_equity":1168841000,"retained_earnings":-732871000},{"ticker":"SMR","report_period":"2024-12-31","fiscal_period":"2024-FY","period":"annual","currency":"USD","total_assets":544673000,"current_assets":471137000,"cash_and_equivalents":401556000,"total_liabilities":91553000,"current_liabilities":89722000,"total_debt":0,"shareholders_equity":618695000,"retained_earnings":-377077000},{"ticker":"SMR","report_period":"2023-12-31","fiscal_period":"2023-FY","period":"annual","currency":"USD","total_assets":224858000,"current_assets":154546000,"cash_and_equivalents":120265000,"total_liabilities":95520000,"current_liabilities":87458000,"total_debt":1495000,"shareholders_equity":93457000,"retained_earnings":-240454000},{"ticker":"SMR","report_period":"2022-12-31","fiscal_period":"2022-FY","period":"annual","currency":"USD","total_assets":348635000,"current_assets":284415000,"cash_and_equivalents":217685000,"total_liabilities":71548000,"current_liabilities":38557000,"total_debt":1568000,"shareholders_equity":296771000,"retained_earnings":-182092000}],"holders13f":[],"news":[{"title":"NuScale: We’re “Not Reliant on Data Centers”","source":null,"url":"https://www.tikr.com/blog/nuscale-were-not-reliant-on-data-centers?ref=yahoofinance&tlnk=yf-261106-qxv829f7&.tsrc=rss","date":"2026-11-06"},{"title":"NuScale Power Has Lost 67% of Its Value in 2026. Is It Finally Time to Buy?","source":null,"url":"https://www.fool.com/investing/2026/11/06/nuscale-power-has-lost-67-of-its-value-in-2026-is/?.tsrc=rss","date":"2026-11-06"},{"title":"Not Oklo. Not X-Energy. This SMR Stock Just Signed a Contract to Start Building Reactor Components.","source":null,"url":"https://www.fool.com/investing/2026/11/06/not-oklo-not-x-energy-this-smr-stock-just-signed-a/?.tsrc=rss","date":"2026-11-06"},{"title":"NuScale Rebounds 14% on Narrower-Than-Expected Q3 Loss as CEO Says “We Are Manufacturing”","source":null,"url":"https://www.tikr.com/blog/nuscale-rebounds-14-on-narrower-than-expected-q3-loss-as-ceo-says-we-are-manufacturing?ref=yahoofinance&tlnk=yf-261106-wm5mwvvc&.tsrc=rss","date":"2026-11-06"},{"title":"Oklo Jumps 19% on Narrower-Than-Expected Loss as Nuclear Stocks Rebound; NuScale Power Surges 15%, Nano Nuclear Energy Jumps 9%","source":null,"url":"https://247wallst.com/investing/2026/11/06/oklo-jumps-19-on-narrower-than-expected-loss-as-nuclear-stocks-rebound-nuscale-power-surges-15-nano-nuclear-energy-jumps-9/?.tsrc=rss","date":"2026-11-06"},{"title":"Oklo Soars 16% as Narrower-Than-Expected Q3 Loss Sparks Rebound From Election Sell-Off","source":null,"url":"https://www.tikr.com/blog/oklo-soars-16-as-narrower-than-expected-q3-loss-sparks-rebound-from-election-sell-off?ref=yahoofinance&tlnk=yf-261106-mpm9g5q7&.tsrc=rss","date":"2026-11-06"},{"title":"SMR Q3 Earnings Call Highlights Shift to Module Manufacturing","source":null,"url":"https://finance.yahoo.com/markets/stocks/articles/smr-q3-earnings-call-highlights-140000957.html?.tsrc=rss","date":"2026-11-06"},{"title":"NuScale Power Corp (SMR) (Q3 2026) Earnings Call Highlights: First Article Production Begins as ...","source":null,"url":"https://finance.yahoo.com/markets/stocks/articles/nuscale-power-corp-smr-q3-091654994.html?.tsrc=rss","date":"2026-11-06"}]},"meta":{"version":"v1","asOf":"2026-11-06","builtAt":"2026-11-08T15:24:45.752Z","tier":"free","source":"https://supercyclehq.com/stock/nuscale-power","disclaimer":"Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.","license":"Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."},"links":{"self":"https://supercyclehq.com/api/v1/stocks/SMR","html":"https://supercyclehq.com/stock/nuscale-power","md":"https://supercyclehq.com/stock/nuscale-power.md","docs":"https://supercyclehq.com/api/v1/openapi.json"}}