Overview
- NuScale shares trade near $12 with a roughly $4 billion value after peaking around $57 in October 2025.
- At a 25-times-sales multiple, a $40 billion value implies about $1.7 billion in yearly revenue, or roughly 54 times NuScale’s 2025 total of $31.5 million.
- Using NuScale’s own assumptions, a 77 megawatt module priced at about $89 per megawatt-hour and running 95% of the time would bring in about $57 million a year.
- Reaching $1.7 billion would take roughly 30 operating modules, which highlights how far the company must go before a $120 stock price looks reasonable.
- NuScale has not sold an SMR yet and continues to burn cash, even as it pursues a first project in Romania and explores up to 6 gigawatts with TVA through ENTRA1.