NYSE:SMRElectrical
NuScale Power (SMR) Stock Looks Reasonable After An 83% Fall But Rich On Book Value
NuScale Power stock has had a steep reset over the past year, yet valuation checks still suggest the shares are not a clear bargain, with the broader market pricing pointing toward an expensive profile despite the weak performance.
Over the past 12 months, NuScale Power has declined 82.9%, which shows that investors have already repriced the stock heavily.
The company’s approved small modular reactor design and potential long term power purchase agreements can support future revenue...