NuScale Power shares fall 32% YTD amid revenue drop and dilution, awaiting key contracts to rebound.

NuScale Power's stock has dropped 32% year to date, trading at $9.61 after a significant revenue decline and increased share dilution. The company reported a 99.1% revenue drop in Q2 FY2026 due to the end of a major engineering contract, widening its net loss to $47.54 million. Despite this, NuScale holds $1.9 billion in cash, providing financial stability as it seeks firm customer contracts. Recovery depends on securing power purchase agreements, especially with the Tennessee Valley Authority and progress on a Romanian project, alongside supportive nuclear policies and market sentiment. The next key event is NuScale's Q3 2026 earnings report.