NuScale Power Corporation (SMR) Has Doubled This Year. Do Analysts Expect The Rally To Continue?

NuScale Power Corporation (NYSE:SMR) is among the 13 Best Booming Stocks to Buy Now. The company’s shares have shown remarkable momentum in 2025 so far, with year-to-date returns of over 100%, amid a broader surge in nuclear stocks and growing investor confidence in small modular reactors (SMRs).

NuScale Power Corporation (SMR) Has Doubled This Year. Do Analysts Expect The Rally To Continue?

A Nuclear power plant with all its safety & security protocols in place.

Shares have soared since May after President Trump signed a series of executive orders to streamline the construction of new reactors in the country. During the month, the U.S. Nuclear Regulatory Commission also approved NuScale Power Corporation (NYSE:SMR)’s design for 77 MW reactors, clearing a hurdle in the company’s quest to be the first to build a U.S. SMR.

However, the stock has declined nearly 10% over the past month, in signs that the rally may have stretched too far. While Wall Street analysts have a consensus Buy rating for NuScale Power Corporation (NYSE:SMR), the stock has a one-year average share price target of $34.66, representing a downward potential of 8%.

Recent rating updates have also implied analyst caution. On June 25, BTIG downgraded NuScale Power Corporation (NYSE:SMR) to Neutral from Buy, citing limited visibility into order growth and an assessment that recent gains have outpaced short-term fundamentals.

On June 23, Citigroup initiated coverage of the stock with a Neutral rating and set a price target of $46 for its shares, reflecting a 23% upside potential. While the firm sees new orders on the horizon, it has also warned of significant execution risks.

What NuScale Power Corporation (NYSE:SMR)’s future holds remains to be seen, but the stock has surely doubled the fortunes this year for several investors betting on the company.

While we acknowledge the risk and potential of SMR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SMR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.