Nuscale Power Corp (NYSE:SMR) is one of the best industrial stocks to buy according to Wall Street analysts. On November 25, analysts at UBS reiterated a Neutral rating on Nuscale Power Corp (NYSE:SMR) and cut the price target to $20 from $38.
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The price target cut, which still implies significant upside potential, comes amid concerns that the company faces near-term headwinds, including the Fluor stake monetization and a push for new equity to fund milestone payments.
Nevertheless, the research firm expects the solid business model and magnitude of future revenue to strengthen the long-term outlook. Meanwhile, Craig Hallum analyst Eric Stine reiterated a Buy rating on the stock on November 25.
On November 17, NuScale Power Corporation announced governance updates in an SEC filing, including the appointment of David Tonnel, 54, as chief accounting officer and principal accounting officer effective, succeeding interim VP Jacqueline F. Engel; Tonnel, who joined NuScale in March 2025 after senior roles at Transocean Ltd., has no related-party ties or material interests requiring disclosure. The board also amended bylaws to formally designate the chief accounting officer as a company officer, removed the controller requirement, and adopted a deferred compensation plan allowing non-employee directors to defer cash retainers and restricted stock units under Section 409A of the Internal Revenue Code.
NuScale Power Corporation (NYSE:SMR) develops and commercializes advanced Small Modular Reactor (SMR) technology to provide safe, scalable, and carbon-free nuclear energy for electricity, data centers, hydrogen production, and industrial heat, aiming to accelerate the global energy transition with its NRC-certified, factory-built reactor modules.
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Disclosure: None. This article is originally published at Insider Monkey.
