SMR Loses 310 Billion Won in Market Value in One Day Amid Premium Controversy

NuScale Power Corporation (ticker: SMR) closed at $16.75 on the New York Stock Exchange on February 10, a 5.29% decline.

Trading volume topped 8.03 million shares, and the company’s market capitalization stood at roughly $4.7 billion (about KRW 6.2 trillion), wiping out approximately $240 million (around KRW 310 billion) in a single session.

On the same day, Zacks noted that SMR is trading at a price-to-sales ratio well above the industry average and that its share price has fallen about 54% over the past six months. Citing valuation concerns, the research firm maintained a “Strong Sell” rating.

NuScale has scheduled its fourth-quarter and full-year 2025 earnings release and conference call for February 26. Order intake and revenue visibility are expected to steer the stock’s near-term movement.

Headquartered in Oregon, NuScale Power develops small modular reactor (SMR) technology and is the only company with U.S. Nuclear Regulatory Commission–certified SMR design. It is targeting carbon-neutral markets such as nuclear generation, data centers, and hydrogen production.

In partnership with ENTRA1 Energy, NuScale is working with the Tennessee Valley Authority (TVA) to deploy up to 6 GW of SMR capacity. However, significant upfront capital requirements and lengthy permitting and power-purchase agreements prior to commercial operation continue to pose financial and project risks.