Is NuScale Power Corporation (NYSE:SMR) a buy in 2026?
No. NuScale Power Corporation is one to avoid for now, per the Compass.
A promising technology trapped in a cash-burning purgatory with withdrawn guidance, no meaningful revenue, and 26% short interest.
Where SMR is headed
By late 2027, NuScale will still be a pre-revenue nuclear technology company burning through its remaining cash reserves. The cancellation of the Carbon Free Power Project (CFPP) in Idaho — which was their flagship and only contracted deployment — left the company without a near-term anchor customer, and nothing in the pipeline suggests a replacement project reaches financial close within this timeframe. Revenue, already down 95% TTM as licensing service contracts dry up, will remain negligible. The company will likely need to raise additional capital through dilutive equity offerings or convertible debt, further pressuring the share price from current levels.
Read the full Compass Direction on SMR
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $11.40).
See the full SMR analysisGet calls like this, free
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Frequently asked questions
Is NuScale Power Corporation (NYSE:SMR) a buy in 2026?
No. NuScale Power Corporation is one to avoid for now, per the Compass. A promising technology trapped in a cash-burning purgatory with withdrawn guidance, no meaningful revenue, and 26% short interest.
What is SMR's Compass Score?
NuScale Power Corporation scores 12/100 on Alexandria's Compass, placing it in the "Avoid" tier. Scores blend eight factors and update weekly.
What is the price target for SMR?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the SMR page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.