NuScale Power Corporation (SMR): A Bull Case Theory

We came across a bullish thesis on NuScale Power Corporation (SMR) on r/wallstreetbets Subreddit by drewbaseball. In this article, we will summarize the bulls’ thesis on SMR. NuScale Power Corporation (SMR)’s share was trading at $35.88 as of 3^rd July .

NuScale Power presents a rare convergence of regulatory positioning, political momentum, and corporate necessity, creating what could be one of the most compelling asymmetric investment opportunities of the decade. At the heart of the thesis is the anticipated announcement of a strategic partnership between NuScale and Apple, projected within a 1–45 day window from June 26, 2025.

Apple’s $500B AI infrastructure expansion demands massive baseload energy, and unlike peers, it lacks a nuclear partner. NuScale, as the only Nuclear Regulatory Commission-certified SMR provider with manufacturing capacity, stands uniquely positioned to fulfill this need.

Political tailwinds from Trump’s executive orders, aimed at catalyzing private-sector nuclear partnerships and fast-tracking deployments, further strengthen the case. The 44-day insider blackout at Apple and the 27-day blackout at NuScale—timed immediately after regulatory approval—mirror institutional behavior typically seen before major announcements.

If a partnership materializes, a 200–300% stock appreciation is likely, with upside to 400–500% if a broader nuclear narrative unfolds. Even in a bear case, downside appears limited given NuScale’s modest current valuation.

Supporting evidence includes insider positioning, manufacturing readiness through Doosan, and a shareholder base aligned with strategic execution. Technical validation adds further confidence, with an ascending triangle pattern forming over several weeks and aligning with known catalysts, such as July 4’s symbolic timing for political wins.

The pattern’s volume compression and institutional accumulation indicate market participants may already be positioning for this outcome. With multiple success pathways—Apple, other hyperscalers, or broader nuclear adoption—this setup offers an exceptional risk/reward skew, justifying an overweight rating and a $120 price target within 12 months.

Previously, we covered a bullish thesis on NANO Nuclear Energy Inc. (NNE) by Charly AI in May 2025, which highlighted the company’s vertically integrated microreactor strategy, government-aligned positioning, and a top-tier technical team. The company’s stock price has appreciated by approximately 29% since our coverage. This is because investor enthusiasm for nuclear-adjacent AI infrastructure has grown. Drewbaseball shares a similar thesis but emphasizes NuScale’s near-term partnership potential with Apple and its certified readiness, adding an event-driven catalyst to the nuclear narrative.

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Disclosure: None. This article was originally published at Insider Monkey.