NuScale Power Corp has a consensus price target of $12 based on the ratings of 7 analysts. The high is $18 issued by Guggenheim on August 18, 2022. The low is $4.5 issued by Wells Fargo on March 19, 2024. The 3 most-recent analyst ratings were released by B. Riley Securities, UBS, and Wells Fargo on June 27, 2024, March 19, 2024, and March 19, 2024, respectively. With an average price target of $9.5 between B. Riley Securities, UBS, and Wells Fargo, there's an implied -18.38% downside for NuScale Power Corp from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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06/27/2024 | Buy Now | 20.27% | B. Riley Securities | Ryan Pfingst | $8 → $14 | Maintains | Buy | Get Alert |
03/19/2024 | Buy Now | -14.09% | UBS | Jon Windham | $2 → $10 | Maintains | Neutral | Get Alert |
03/19/2024 | Buy Now | -61.34% | Wells Fargo | Neil Kalton | $7.5 → $4.5 | Downgrade | Equal-Weight → Underweight | Get Alert |
03/18/2024 | Buy Now | -31.27% | Canaccord Genuity | George Gianarikas | $4.25 → $8 | Maintains | Buy | Get Alert |
01/29/2024 | Buy Now | -63.49% | Canaccord Genuity | George Gianarikas | → $4.25 | Initiates | → Buy | Get Alert |
10/09/2023 | Buy Now | -35.57% | Wells Fargo | Neil Kalton | $9 → $7.5 | Maintains | Equal-Weight | Get Alert |
08/17/2023 | Buy Now | -22.68% | Wells Fargo | Neil Kalton | $12.5 → $9 | Maintains | Equal-Weight | Get Alert |
03/22/2023 | Buy Now | 24.57% | TD Cowen | Marc Bianchi | $17 → $14.5 | Maintains | Outperform | Get Alert |
10/25/2022 | Buy Now | 11.68% | UBS | Jon Windham | → $13 | Initiates | → Neutral | Get Alert |
08/25/2022 | Buy Now | 46.05% | Wells Fargo | Neil Kalton | → $17 | Initiates | → Equal-Weight | Get Alert |
08/18/2022 | Buy Now | 54.64% | Guggenheim | Shahriar Pourreza | → $18 | Initiates | → Buy | Get Alert |
05/13/2022 | Buy Now | 28.87% | Cowen & Co. | Marc Bianchi | → $15 | Initiates | → Outperform | Get Alert |
The latest price target for NuScale Power (NYSE:SMR) was reported by B. Riley Securities on June 27, 2024. The analyst firm set a price target for $14.00 expecting SMR to rise to within 12 months (a possible 20.27% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for NuScale Power (NYSE:SMR) was provided by B. Riley Securities, and NuScale Power maintained their buy rating.
There is no last upgrade for NuScale Power
The last downgrade for NuScale Power Corp happened on March 19, 2024 when Wells Fargo changed their price target from $7.5 to $4.5 for NuScale Power Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of NuScale Power, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for NuScale Power was filed on June 27, 2024 so you should expect the next rating to be made available sometime around June 27, 2025.
While ratings are subjective and will change, the latest NuScale Power (SMR) rating was a maintained with a price target of $8.00 to $14.00. The current price NuScale Power (SMR) is trading at is $11.64, which is within the analyst’s predicted range.
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