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.
Several U.S.-listed stocks saw significant drops on Friday, led by the Daily Target 2X Long OKLO ETF (OKLL), which fell 18.38% due to amplified losses in Oklo Inc. shares. CPI Card Group (PMTS) declined 16.48% following a discounted secondary share o...
Investment firm UBS downgraded NuScale Power's stock rating from Neutral to Sell on September 11, 2026, citing shifting market trends in the advanced nuclear energy sector. This downgrade contributed to a 5.6% drop in NuScale's stock price, reflectin...
Shares of advanced nuclear companies Oklo, NuScale Power, and X-Energy each dropped about 5% following Piper Sandler's split rating on the sector, with Oklo receiving a Buy rating and X-Energy a Sell. The sell-off reflects market caution despite fede...
Stocks of small modular reactor developers NuScale Power and Oklo rose sharply by 13% and 7% respectively, signaling renewed investor interest in the nuclear energy sector despite a broadly declining market. This rally comes without new company-speci...
