NuScale Power Corporation (SMR): a likely value trap?

Avoid — the stock looks "cheap" after an 85% crash, but the business still has no real revenue, burns cash, and faces a fresh fraud investigation.

⚠ TRAP Fundamentals37/100

Down 85% from its all-time high of $51.67 — now $7.72

Why SMR dropped

NuScale rode the 2025 AI/nuclear power hype to a peak near $51-57, but the stock has since collapsed as the hype faded and the company still has not signed a firm commercial sale; the company reported first-quarter revenue of just $565,000, a dramatic decline from the $13.4 million generated in the first quarter a year earlier. More recently, a shareholder litigation firm opened an investigation into NuScale for alleged misrepresentation of its commercialization partner ENTRA1's experience and capabilities, targeting whether NuScale exposed traders to undisclosed risks tied to its SMR rollout strategy, which hit the stock hard in mid-July.

Fwd P/E -10.8Op margin -10181.2%Rev growth -95.8%Debt/equity 0.5%Analyst upside 91.7%

How this scored 37/100 ❌ fails 2 hard checks

❌ Fails 2 hard checks — these are pass/fail and override the score entirely.

❌ Makes money not profitable (and no credible path to profit)

❌ Generates cash burns cash (free cash flow $-162M)

✅ Not drowning in debt Debt/equity 0.5% (limit 200%)

✅ Can pay its bills Current ratio 29.4 (needs 1+)

Bar length shows how much each metric is worth — a 10-point metric is twice as wide as a 5-point one. Hover any row for what it means.

Profitability Does it actually make money? 0/25

Operating margin -10181.2% 0/9

Net profit margin 0.0% 0/8

Return on equity -83.0% 0/8

Growth Is it getting bigger, or dying? 10/25

Revenue growth -95.8% 0/9

Earnings growth unknown 2/8

Expected profit change 67.4% 8/8

Value Is it cheap right now? 9/25

Forward P/E -10.8 0/10

PEG ratio unknown 2/8

Analyst target upside 91.7% 7/7

Balance sheet Will it survive? 18/25

Debt / equity 0.5% 10/10

Current ratio 29.4 8/8

Free cash flow $-162M 0/7

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Analysis generated by SmartStonks's AI from public fundamentals and news, first flagged 2026-07-20. Research only — not financial advice.