SMR stock falls to $10 after peaking at $57.42 in October 2025 amid operational setbacks and shareholder sell-offs.
NuScale Power (SMR) shares have dropped 75% over the past year, trading below $10 after reaching an all-time high of $57.42 in October 2025. The decline accelerated in late 2025, with a 61% quarterly slump as operational challenges and legal issues weighed on sentiment.
The company, a leader in small modular reactor (SMR) technology, was once buoyed by the AI-driven energy demand narrative. However, weak operational performance, class action lawsuits, and major shareholder Fluor’s exit triggered the sell-off. Despite long-term potential in low-carbon energy, near-term headwinds persist.
Markets remain cautious as investors assess whether the stock’s valuation reflects a bargain or continued risks.