Strength Seen in NuScale Power (SMR): Can Its 13.5% Jump Turn into More Strength?

NuScale Power’s shares jumped 13.5% in the last session to close at $11.74, after the company announced a new contract with Paragon, a división de Mirion Technologies, to complete the final design of the Highly Integrated Protection System (HIPS). The move followed unusually high trading volume compared with a typical session and came as investor sentiment toward nuclear developers remained constructive, supported by demand for reliable carbon-free baseload power amid rising electricity needs from AI data centers. NuScale is expected to report a quarterly loss of $0.13 per share, unchanged from the year-ago quarter, while revenue is expected at $1 million, down 87.6% year over year. The article cites that consensus earnings estimates have stayed flat over the past 30 days. It also notes NuScale carries a Zacks Rank #3 (Hold). By comparison, Babcock & Wilcox (BW) closed up 1.3% at $17.38 and has a Zacks Rank #3.