NuScale Power Shares Plunge From October 2025 Highs Despite SMR Certification
NuScale Power is the only U.S. nuclear firm with NRC-approved small modular reactor design certification and holds a first-mover advantage in SMR technology. Its shares have plunged sharply since hitting record highs in October 2025, erasing a significant portion of late-2025 gains and highlighting elevated volatility.
1. SMR Certification Status
NuScale Power holds the only NRC-approved SMR design certification in the United States, granting it exclusive rights to pursue next-generation small modular reactor projects. This certification underpins its competitive edge as utilities and governments explore compact, scalable nuclear solutions.
2. Stock Performance Since October 2025
After reaching record highs in October 2025, NuScale’s shares have declined sharply as investors reassess project timelines and valuation levels, wiping out a substantial portion of its peak gains. The pullback reflects growing caution over deployment schedules and capital requirements for commercial SMR units.
3. Investor Outlook
While the SMR certification positions NuScale for potential growth ahead of anticipated reactor deployments, the recent share volatility underscores execution and regulatory risks. Investors with higher risk tolerance may view the current decline as an entry point ahead of key development milestones.