NuScale Power's stock gained 9% to $5.52 but is still down 61% year-to-date in 2026 despite progress in small modular reactor (SMR) development. The company recently hired Doosan Enerbility to manufacture key reactor components and reported a smaller-than-expected Q3 loss, though revenue fell sharply due to project timing. NuScale holds the only SMR design certified by the U.S. Nuclear Regulatory Commission and is advancing licensing and manufacturing, while competitors Oklo and Nano Nuclear focus on different reactor models and stages. The key near-term catalyst is whether NuScale's partner ENTRA1 signs a binding power purchase agreement with the Tennessee Valley Authority, which would trigger module orders and clarify future margins. Investors remain cautious due to no firm sales contracts yet and ongoing dilution from share issuance.
NuScale Power trades at USD 5.55 on Pluang, up 9.35% as of Nov 10, 2026 03:11 WIB, with a market cap of $2.08B. Despite gains, 82% of orders are sell, reflecting cautious investor sentiment. Oklo shares rose 15.41% to USD 27.18, with 82% buy orders, showing stronger demand in the same sector.
