NuScale Jumps 16% as May 7 Earnings Date Sets Up Next Test

Overview

• NuScale shares closed at $13.57, up 16.28%, with about 54 million shares traded, roughly twice the recent average.
• NuScale scheduled its first‑quarter results for release after the market closes on May 7, with a conference call to follow.
• In the prior quarter, revenue was $31.5 million, down 15% year over year because NuScale recognized less revenue from a 2024 RoPower license deal.
• The company announced a research tie‑up with Ebara Elliott Energy to design and field‑test a high‑temperature steam compressor that could link NuScale’s factory‑built reactors to petrochemical plants that need process heat.
• Analysts tout a very large SMR market over time, but NuScale remains years from broad deployment and still needs financing and execution wins, which means near‑term stock moves are driven more by sentiment than by completed projects.