Is NuScale Power a Millionaire Maker?

NuScale Power's stock had a significant gain on September 8, rising 15% and reducing its year-to-date loss to around 21%. According to Motley Fool and Yahoo Finance, this increase was due to sector-wide enthusiasm, particularly in nuclear energy stocks related to data centers and AI, rather than any specific news or announcements from the company.

NuScale Power is a developer of small modular reactors (SMRs), which are designed to be cheaper and faster to build than larger power plants. However, as Yahoo Finance notes, the company has yet to build a reactor for a customer and faces significant upfront costs, including reactor fuel, specialized manufacturing, and engineering work.

Despite its potential, Yahoo Finance expresses skepticism that NuScale's stock will be a "millionaire maker" for most investors, citing the challenges of scaling up reactor production and achieving profitable economics. Both outlets agree that NuScale's stock does not currently appear to have the potential to make millionaires.

Brief written by urgent.news from Motley Fool, Yahoo Finance — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.