Prediction: NuScale Power Stock Doesn't Get Halfway Back to Its Old High Before 2029
Key PointsNuScale shares trade near $10.81 as of this writing, about 81% below the 52-week high of $57.42 they touched last October.
NuScale Power's stock has plummeted 81% since touching a 52-week high of $57.42 last October, trading near $10.81 as of now. To regain half of that peak price of $28.71, the stock would need to surge by about 166% from current levels. Despite a recent 15% jump in one session with no company news, predicting a lasting rally to $28.71 by 2029 appears challenging.
NuScale's revenue plummeted in Q2 2026, and while the company has $1.9 billion in cash, approvals and potential contracts with the Tennessee Valley Authority do not yet provide evidence of earnings. The path to a $12 billion valuation hinges on binding power purchase agreements and milestone payments, but current filings show no clear path to justify such a valuation.
The Motley Fool Stock Advisor has identified 10 better investment opportunities, suggesting NuScale Power may not be one of them.
Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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