NuScale Power Corporation (SMR) shares dropped over 13% on June 3, 2026. Wall Street analysts revised their outlooks due to concerns regarding financing and the long-term viability of small modular reactor projects.
Goldman Sachs reduced its price target from $10 to $9 while maintaining a Neutral rating. Citigroup cut its price target from $9 to $7 and reiterated a Sell rating. These revisions reflect growing apprehension over the company's rapid cash burn and steep financial losses during its commercialization phase.