This Stock Is Down 40% in 2026. Here's What the Next 3 Years Could Realistically Look Like.
NuScale Power is trading 75% below its all-time highs. Where will it be in 2029?
This Stock Is Down 40% in 2026. Here's What the Next 3 Years Could Realistically Look Like.
Overview
Few stocks embody the promise and frustration of the nuclear energy renaissance quite like NuScale Power (NYSE: SMR).
Back in 2020, NuScale became the first U.S. company to get a small modular reactor (SMR) design approved by the NRC. Since then, the company hasn't deployed a commercial SMR model in a real-world setting. And while electricity demands from artificial intelligence (AI) and data centers are expected to surge, NuScale has yet to emerge as tech's most obvious beneficiary.
Details
Over the next three years, a few possibilities could emerge for this first-mover in the SMR space. In the most bearish scenario, NuScale's projects continue to move slowly but steadily. It may begin conversations with utilities or industrial companies about another project, but most of its concentration will be on developing the two it currently has underway: the SMR plant in Romania and the deployment of 6 gigawatts (GW) of SMRs to the Tennessee Valley Authority (TVA).
Source
Originally published at www.fool.com.
