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SMR

Nuscale Power Corp

NYSE: SMR · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY

$11.32
-4.23% today

Updated 2026-04-29

Market cap
$3.66B
P/E ratio
P/S ratio
116.42x
EPS (TTM)
$-2.17
Dividend yield
52W range
$9 – $57
Volume
27.8M

Nuscale Power Corp (SMR) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$11.32
Consensus
$19.72
+74.20%
2030 Target
$51.80
+357.60%
DCF
$58.01
+73.16% MoS
10 analysts:
2 Buy5 Hold2 Sell

Management guidance

NuScale has guided for FY2026 revenue of $106.56M (238.5% growth) and FY2027 revenue of $296.79M (178.5% growth), with narrowing losses from -$2.17 EPS (TTM) to -$0.75 EPS in 2026 and -$0.43 EPS in 2027. The company is executing on the ENTRA1 partnership targeting 72 modules deployment by 2030; however, recent disclosures revealed ENTRA1's limited experience, triggering multiple securities lawsuits and significant management credibility challenges.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$233,525.05
$2100.0B Rev × 36x P/S
Base case (2030)
$51.80
$2100.0B Rev × 28x P/S
Bear case (2030)
$129,736.14
$2100.0B Rev × 20x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$0.0B$0.0B$0.0B$106.6B$296.8B$680.0B$1380.0B$2100.0B
Revenue growth62.4%-15.0%238.5%178.5%128.9%102.9%52.2%
EPS$-0.80$-1.47$-2.89$-0.75$-0.43$-0.18$0.42$1.85
P/S ratio28.0x28.0x
Implied price$0.00$0.00$0.00$11.76$51.80

Catalysts & risks

Growth catalysts
+ ENTRA1 Utah power plant deployment (first commercial 72-module NuScale facility targeting 2030, representing $1B+ revenue opportunity)
+ AI data center power demand acceleration driving utility-scale SMR adoption and pre-commercial offtake agreements
+ Federal nuclear policy support (energy security focus, potential subsidies for SMR deployments in U.S. industrial applications)
Key risks
- ENTRA1 operational execution risk and partner credibility—multiple securities class actions allege misrepresentation of partner experience; legal liability and project delays could impact revenue trajectory
- Regulatory and licensing delays for small modular reactor certification; NRC approval timeline for first commercial units extends commercialization window
- Competitive pressure from established nuclear vendors (GE, Westinghouse) and alternative energy solutions (utility-scale solar+storage) in industrial power market

Methodology

Nuscale Power Corp's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 10 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 5, 2026.