NuScale shares jump 15.4% in broad nuclear-sector rally

  • NuScale Power shares rose as much as 15.4% during Tuesday trading.
  • $11.37 marked the intraday high, while volume reached approximately 53.6 million shares.
  • Wall Street maintains a Hold consensus with an average price target of $13.50.

NuScale Power shares climbed as much as 15.4% to $11.37 on Tuesday, September 8, before closing near $11.19, as a broad rally in nuclear and small modular reactor stocks lifted trading activity. About 53.6 million shares changed hands, 74% above typical volume, while Oklo gained nearly 5% and Nano Nuclear Energy rose about 9.2%. The advance was not tied to a company announcement or rating change and came as the broader market declined. NuScale had recently traded near its July 2026 52-week low of $7.21, while its approximately $1.89 billion cash and liquid-investment position and debt-free balance sheet contrasted with quarterly revenue of just $0.07 million, down 99.1% from a year earlier. Wall Street's consensus rating remains Hold, with an average target of $13.50. Earlier interest in NuScale's manufacturing, artificial intelligence and reactor-control initiatives, along with expectations for AI data-center power demand and political support for advanced nuclear energy, helped sustain sector attention, but those developments were not identified as the cause of Tuesday's move.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.