Should You Buy NuScale Power While It's Trading Below $31?
Share prices of NuScale Power (NYSE: SMR) recently hit all-time highs around $36 per share. Up more than 250% over the past year, is the stock a buy at what are historically lofty price levels?Here are a few things to consider before you buy shares in this nuclear power start-up.NuScale Power has big plans for its business, but right now it doesn't really have that much of a business. That's because it only brought in revenue of $13 million in the first quarter of 2025. That came with roughly $6 million in costs, leading to a gross profit of about $7 million.Continue reading
Share prices of NuScale Power (NYSE: SMR) recently hit all-time highs around $36 per share. Up more than 250% over the past year, is the stock a buy at what are historically lofty price levels?
Here are a few things to consider before you buy shares in this nuclear power start-up.
NuScale Power has big plans for its business, but right now it doesn't really have that much of a business. That's because it only brought in revenue of $13 million in the first quarter of 2025. That came with roughly $6 million in costs, leading to a gross profit of about $7 million.
