Prediction: NuScale Hits a New High Before 2027
NuScale Power could reach a critical milestone in 2026.
Overview
NuScale Power (NYSE: SMR) is currently the only nuclear energy company in the U.S. approved by regulators to build a small modular reactor, or SMR. To be sure, competition is on the way. Several companies are working through the nuclear regulatory approval process, including Oklo Inc. (NYSE: OKLO), another pure-play SMR developer.
But NuScale is unique in that it is both cleared by regulators to build an SMR system and it already has several major customers lined up, one of which is looking to build the largest SMR system in the world.
Details
Here's the problem: NuScale investors have been burned before by major customers canceling deals before financial commitments are made. So while NuScale has major customers lined up on paper, there's no guarantee that this deal pipeline will result in meaningful revenue, or profits for that matter.
Source
Originally published at www.fool.com.