SMR
NuScaleNRC-approved SMR design.
Last
$11.71
Change
+14.24%
Market cap
$3.7B
60-day price
Near-term (0-6mo)
Earnings 5/7 — watch for CFPP project status (if any revival), international customer pipeline, and cash burn rate.
Mid-term (6-24mo)
Only NRC-certified SMR design in the US is a real moat, but the company has zero revenue and the Idaho CFPP project was cancelled. Must secure a new anchor customer to validate.
Catalysts
- White House nuclear initiative tailwind
- New customer/site announcements
- Q1 earnings 5/7
Risks
- Zero revenue, significant cash burn
- CFPP cancellation damaged credibility
- Competing SMR designs from BWXT, X-energy, Kairos advancing
Options flags
earnings_soon · Apr 16, 2026
Earnings on 2026-05-07 (20d out). Expect elevated IV into print; avoid buying OTM monthlies the day before.iv_rank_high · Apr 16, 2026
+14.24% today. IV likely elevated. Wait for pullback or sell a call spread instead of buying.monthly_liquid · Apr 16, 2026
Monthly Apr 16, 2026 chain likely liquid. Prefer ATM/ITM-20 over OTM to force discipline.