NuScale Power is gaining renewed investor interest after CEO John Hopkins discussed the potential for securing a power purchase agreement (PPA) with a major utility by the end of 2026. This development points to enhanced long-term revenue visibility, a significant milestone for the company following previous operational setbacks. The prospect of a major PPA is drawing attention back to NuScale's approved small modular reactor (SMR) design.
The company's stock has experienced significant volatility, with a recent one-day return of 5.56% and a seven-day return of 7.29%. This is in sharp contrast to its year-to-date decline of 47.64% and a one-year total shareholder return that is down 83.25%. The market is now weighing the potential for a turnaround against the backdrop of a stock that has seen sharp movements in both directions.