NuScale Power Corporation (NYSE:SMR) is one of the best nuclear energy stocks to buy as SMRs go mainstream, with a median upside potential of 58.3%.
NuScale Power Corporation (NYSE:SMR) reported Q1 2026 results on May 7, 2026, with the quarter proving “quieter from an announcement perspective.” Revenue came in at just $0.6 million
That was a significant decline compared with $13.4 million in Q1 2025, as the prior-year period included revenue from the RoPower technology license agreement and Fluor’s FEED Phase 2 engineering services, both of which are now complete. Meanwhile, reported EPS came in at -$0.14, missing the -$0.11 consensus estimate. Still, the company’s balance sheet and pipeline reflected the advancements the company is making in the SMR space.
NuScale Power Corporation (NYSE:SMR) ended Q1 with $1 billion in liquidity, which climbed above $1.2 billion by early May, providing a runway to advance the commercialization. ENTRA1 is negotiating with the Tennessee Valley Authority (TVA) about potentially building nuclear power projects using NuScale’s small modular reactors (SMRs), with total capacity reaching up to 6 gigawatts. If completed, this would represent the biggest nuclear power expansion project ever in the United States in terms of total installed capacity.