NuScale Power Corporation (NYSE:SMR) is one of the best nuclear energy stocks to buy as SMRs go mainstream, with a median upside potential of 58.3%.
NuScale Power Corporation (NYSE:SMR) reported Q1 2026 results on May 7, 2026, with the quarter proving “quieter from an announcement perspective.”
Revenue came in at just $0.6 million. That was a significant decline compared with $13.4 million in Q1 2025, as the prior-year period included revenue from the RoPower technology license agreement and Fluor’s FEED Phase 2 engineering services, both of which are now complete. Meanwhile, reported EPS came in at -$0.14, missing the -$0.11 consensus estimate.
Still, the company’s balance sheet and pipeline reflected the advancements the company is making in the SMR space.
NuScale Power Corporation (NYSE:SMR) ended Q1 with $1 billion in liquidity, which climbed above $1.2 billion by early May, providing a runway to advance the commercialization.
ENTRA1 is negotiating with the Tennessee Valley Authority (TVA) about potentially building nuclear power projects using NuScale’s small modular reactors (SMRs), with total capacity reaching up to 6 gigawatts. If completed, this would represent the biggest nuclear power expansion project ever in the United States in terms of total installed capacity. Management expects significant advancements in that area by the end of 2026.
To improve the supply and delivery of nuclear fuel for its reactors, NuScale Power Corporation (NYSE:SMR) also expanded its supply chain partnership with Framatome, a French nuclear reactor company.
Furthermore, NuScale Power Corporation (NYSE:SMR) met with 37 different suppliers to align production, logistics, and component manufacturing. And to expand its commercial presence in the heart of U.S. energy decision-making, it opened a new operations center in Houston’s Energy Corridor on April 29, 2026.
NuScale Power Corporation (NYSE:SMR) provides small modular reactor technology solutions. Its groundbreaking NuScale Power Module is a 12-module plant capable of producing up to 924 MWe of carbon-free energy.
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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My name is Inan Dogan. I’m the co-founder and Research Director of Insider Monkey. I have an important message for you today.