NuScale Power’s Volatility Sparks Investor Debate Amid Nuclear Innovation Push

NuScale Power's stock has swung violently between $7 and $51 over the past year, delivering 400% gains despite a 58% mid-journey drawdown. This extreme volatility makes SMR shares a high-stakes wager for risk-tolerant investors alone.

The company's Core ambition—small modular nuclear reactors (SMRs)—represents a paradigm shift in energy infrastructure. Factory-built units promise cost efficiency, portability, and enhanced safety protocols compared to traditional plants. Current revenue stems largely from consulting ties with Fluor, a strategic investor and construction partner.

Romania's RoPower project looms as a critical test case, potentially validating NuScale's technology for broader adoption. The market appears to be pricing in both the revolutionary potential of SMRs and the execution risks inherent in unproven nuclear tech.