NuScale's Revenue Plunged 99% Last Quarter, But the Stock Has Gained 1% So Far. Here's What Investors Need to Know.
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NuScale’s Revenue Collapse Masks Longer-Term Promise
Revenue fell 99% last quarter, but NuScale’s nuclear tech progress keeps investors cautiously optimistic.
NuScale Power’s revenue fell sharply—99% to just $75,000—yet the stock nudged up 1%. This disconnect shows that investors are buying the nuclear future, not today’s cash flow. NuScale cleared a major hurdle by getting its small modular reactor design approved by the US Nuclear Regulatory Commission—this is a regulatory green light that few can claim. It also has a supply chain ready, with over 60 vetted suppliers, positioning it well for eventual deployment. But here’s the catch: there’s no binding commercial contract yet, and the much-anticipated TVA project remains in limbo. For South African investors, this isn’t a call to jump in, but it’s worth watching. The local power grid scramble means nuclear innovation could matter eventually, but patience is key. The stock is priced for promise, not profits. If the company fails to secure contracts soon, optimism could evaporate. this is just our opinion and not financial advice
Watch NuScale for now—don’t buy until the firm locks in a power purchase agreement or customer commitment. The NRC approval is a positive, but risk remains high with no revenue visibility.
- SMR
- USD/ZAR
- No binding commercial contract
- Delays in project deployment
5/10
NuScale Power reported a 99% revenue decline to $75,000 in Q2, but the stock rose ~1% as investors focused on the company's NRC-approved design, established supply chain with 60+ suppliers, and readiness to deploy rather than current earnings. The company lacks a binding commercial contract, with the potential TVA project through ENTRA1 still pending. Management emphasizes deliberate progress and engineering maturity over speed to market.
Our take is based on reporting first published by The Motley Fool.