NuScale Power Corporation Class A (NYSE:SMR) slid to 52‑week lows after reporting Q revenue of $0.6M (‑96% YoY) and a $0.14 loss/share despite ~$1.0B in liquidity; Truist initiated coverage with a Hold and $10 PT, noting investor scrutiny now shifts to execution, licensing and on‑time builds.
Previous Week Recap
- NuScale Q Revenue, Loss: NuScale Power (SMR) hit 52-week lows near $7.52–$8.27 after Q revenue of $0.6M (‑96% YoY) and $0.14 loss/share; reported ~$1.0B liquidity; Truist started coverage with Hold, $10 PT.
- Truist Initiates Coverage: Truist began coverage of NuScale Power (SMR) with a Hold, citing sector shift to execution and investor focus on build, licensing and on-time deployment amid favorable demand and policy support.
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