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NuScale Power shares fall 5% after UBS downgrades to Sell over timeline and cash burn concerns

Market News
11 Sep 2026
24/7 Wall Street
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Bearish
NuScale Power shares fall 5% after UBS downgrades to Sell over timeline and cash burn concerns

NuScale Power's stock dropped 5% following UBS's downgrade from Neutral to Sell and a price target cut to $6, citing concerns over a construction timeline exceeding five years, lack of firm customer contracts, and projected $700 million cash burn over three years. Despite having $1.9 billion in cash and investments, UBS doubts the company's near-term commercial readiness. NuScale Power holds a unique U.S. Nuclear Regulatory Commission design certification and claims readiness pending definitive contracts. Investors will watch for key power purchase agreements that could trigger project progress and affect the stock's outlook.

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