Should You Buy NuScale Power While It's Below $12?

By Jack Delaney – Mar 24, 2026 at 10:31AM ESTKey PointsNuScale's unique small modular nuclear reactors could help relieve some of the strain on U.S. electricity supply.The company has yet to launch a commercial reactor. There's plenty of uncertainty swirling around the markets right now. Still, one thing we can count on in the long term is the growing energy demand. From 2025 to 2040, U.S. power demand is expected to increase 3.5% annually, with new artificial intelligence (AI) data centers placing additional strain on the grid. Enter NuScale Power (SMR 2.82%), a nuclear technology company developing small modular reactors (SMRs) that could help address those issues. There's a lot of opportunity with this company, but the risks for investors are magnified as well. Going nuclear While long-term forecasts for the growth of the nuclear energy market range widely, the broad expectation is that businesses and governments will make huge investments into building out nuclear infrastructure. Image source: Getty Images. In a 2025 report, Morgan Stanley researchers projected that through 2050, "potential investments in the nuclear value chain will increase $2.2 trillion, up from the $1.5 trillion initially forecast." NuScale has the only SMR technology approved by the U.S.

Nuclear Regulatory Commission, giving it an early-mover advantage in a sector where trillions of dollars are expected to flow. ExpandNYSE: SMRNuScale PowerToday's Change(-2.82%) $-0.33Current Price$11.37Key Data PointsMarket Cap$3.7BDay's Range$11.18 - $11.6152wk Range$11.08 - $57.42Volume274KAvg Vol26MGross Margin33.84% The key selling points of SMRs, in theory, are that they offer quicker development, lower costs, and greater flexibility in building location due to their smaller size compared to traditional nuclear reactors. I say "in theory," however, because NuScale has yet to build any commercial reactors. It has 788 patents pending or granted in 21 countries, and the company shared in a February investor presentation that it had 12 modules in production. NuScale also shared in that presentation that strengthening domestic nuclear supply chains and shortened regulatory timelines could offer tailwinds to its business. Still be cautious The biggest risk for investors in NuScale is that the company is at this point being valued largely based on what could happen in the future. That's not abnormal for a high-growth company, but it's a greater cause of concern for one that also has yet to launch its main commercial product and operates in a highly regulated market. NuScale does have revenue coming in from service and engineering fees, but compared to its losses, the $31.5 million in revenue it generated last year was inconsequential. It does have some runway ahead to keep operations moving along, ending 2025 with $1.3 billion in cash, cash equivalents, and short- and long-term investments on the books. The stock's recent trajectory has reflected the risky nature of this investment, as it has dropped over 37% in the last year. NuScale's reactors could help meet the world's rising energy demands, but there are plenty of questions about how long it might be before those contributions start to happen. As such, this stock is most appropriate for aggressive investors who understand they'll be accepting significant risk in the hopes of a big payday down the road.Read NextMar 20, 2026 •By Ryan VanzoCould Buying NuScale Power Stock Right Now Set You Up for Life? (Hint: Yes)Mar 13, 2026 •By Leo SunNuScale Power Stock Slumps Nearly 20% to Start 2026Mar 12, 2026 •By Ryan VanzoWhere Will NuScale Power Stock Be in 10 Years?Mar 11, 2026 •By Courtney CarlsenIs NuScale Power Stock a Buy Now?Mar 10, 2026 •By James BrumleyCould Investing $10,000 in NuScale Power Make You a Millionaire?Mar 10, 2026 •By Reuben Gregg BrewerEurope's First NuScale-Powered Modular Reactor Project Is Coming. Here's What Investors Need to Know.About the AuthorJack is a seasoned content strategist with over a decade of experience in financial publishing. He's directed technology, emerging opportunities, and alternative asset publications to deliver actionable insights to investors. He has a B.A. in Communication Studies.TMFJackDelaneyStocks MentionedNuScale PowerNYSE: SMR$11.37(-2.82%)-$0.33*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.