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, reflecting broader negative sentiment affecting competitors like Oklo and X-Energy. Despite the downgrade, Wall Street analysts maintain an average price target of $12.63, above the current trading price of $10.21. NuScale Power remains notable as the first company to receive U.S. regulatory design certification for small modular reactors, operating in a fast-evolving market with growing investor interest.
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...
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 ove...
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...
