27.12.2024 11:45:00

Where Will NuScale Power Stock Be in 10 Years?

NuScale Power (NYSE: SMR) has been a divisive stock ever since it went public by merging with a special purpose acquisition company in May 2022. The bulls were initially impressed by the disruptive potential of its small modular reactors (SMRs), which can be deployed in areas that aren't well-suited for traditional nuclear reactors. The bears claimed its stock was overvalued and it would struggle to scale up its capital-intensive business.NuScale's stock opened at $10.70 after it closed its merger, and it rallied as high as $15 during the following four months before sinking to less than $2 earlier this year. But as of this writing, its stock trades above $20. Let's take a closer look at this speculative stock and see where it might be headed during the next 10 years.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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:be AG Inhaber-Akt 1,40 -6,04% :be AG Inhaber-Akt
Nuscale Power Corp Registered Shs 19,51 -10,59% Nuscale Power Corp Registered Shs