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How to Buy Nuscale Power Stock

Nuscale Power Corp

Nuscale Power is a specialty industrial machinery company located in Oregon, United States, which is part of the Industrials sector, and is traded under the ticker SMR on the NYSE exchange.

Nuscale Power stock last closed at $10.02, up 5.36% from the previous day, and has increased 24.01% in one year. It has overperformed other stocks in the Specialty Industrial Machinery industry by 0.11 percentage points. Nuscale Power stock is currently +453.59% from its 52-week low of $1.81, and -10.62% from its 52-week high of $11.21.

As of Jun 21, 2024, there are 243.01M SMR shares outstanding. The market capitalization of SMR is $2.43B. In the last 24 hours, 7.07M SMR shares were traded.

How to Buy Nuscale Power Stock

Wondering how to invest in Nuscale Power stock? Here's how.
  1. Choose where to buy Nuscale Power stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Nuscale Power stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Choose your method of payment and add your info.
  4. Research Nuscale Power stock: The Nuscale Power ticker symbol is SMR. Is Nuscale Power stock a good investment? Should you buy shares of SMR? How do SMR's underlying business fundamentals look? Do top analysts think Nuscale Power is a good buy? Why has SMR's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if SMR is a good stock to buy).
  5. Place your SMR trade: Decide if you will purchase SMR shares at the current market price or use a limit order to buy SMR stock at a specific price.
  6. Keep tabs on your SMR investment: Create a watchlist to keep track of your investment in Nuscale Power shares.

Step 1: Choose where to buy Nuscale Power stock

You will need a brokerage account to access the NYSE market and buy SMR shares.

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Step 2: Sign up for a brokerage account

Now that you've picked the best brokerage, you'll need to fill out some personal info so you are able to buy SMR stock today.

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Step 3: Deposit money your investment account

Now that you've opened your account on one of the most highly reviewed stock apps, your next step is to transfer the money for your investment:

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Step 4: Research Nuscale Power stock

After you have selected the best place to buy Nuscale Power stock, it's absolutely critical to analyze their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.

Nuscale Power Numbers

SMR Price
$10.02
1w %
22.34%
1y %
24.01%
5y %
N/A
P/E
-11.79x
P/B
19.47x
P/S
42.64x
PEG
N/A
Revenue
$18.68M
Earnings
-$63.97M
Fore. Rev. Growth
206.25%
Fore. Earn. Growth
N/A
Market Cap
$2.43B
Next Earnings
Aug 7, 2024
Next Dividend
N/A

Nuscale Power Zen Score

WallStreetZen was designed to help average investors perform more accurate fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on SMR's stock page.

Is SMR stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge SMR's true value.

Using relative valuations methods:

  • SMR could be overvalued based on its P/B ratio of 19.47x, relative to Specialty Industrial Machinery industry P/B ratio of 5.04x

You can access more valuation research on SMR's stock here.

SMR Financial Summary

Signs that SMR is financially healthy:

  • There are more short-term assets than long-term liabilities on the SMR balance sheet.
  • There are more short-term assets than short-term liabilities on the SMR balance sheet.

Signs that SMR is not financially healthy:

  • SMR profit margin has gone down from -248.1% to -342.4% in the past year.
  • SMR has $137.09M in cash and short term investments. This is not sufficient to cover its annual cash burn of $174.98M.
  • SMR has cash burn of 174980000. It does not have sufficient cash and short-term investments to cover this.
  • SMR has a relatively high debt to equity ratio of 0.81.

Is it a good time to buy SMR stock, according to Wall Street analysts?

Out of 3 Equities analysts who give forecasts on SMR, the consensus analyst rating on SMR is a Hold

Please note that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Nuscale Power stock forecast page.

SMR Technical Indicators

SMA10
8.84
SMA20
8.43
SMA50
6.92
SMA100
5.65
SMA200
4.68
MACD
0.69
MACD Signal
0.59
MACD Histogram
0.1
RSI
66.63
Stochastic %K
85.08
Stochastic %D
77.73
StochRSI %K
97.14
StochRSI %D
77.75

Is SMR Growing Revenue?

Last year, SMR revenue was $18.68M. Over the past 2 year, SMR's revenue has grown by 100.6% per year. This was faster than the Specialty Industrial Machinery industry average of 3.9%.

Learn more about SMR's earnings and revenue performance here.

Who is buying/selling SMR?

Over the last 12 months, executives and large shareholders at SMR have sold more shares than they have bought.

John Lawrence Hopkins, Chief Executive Officer of SMR, was the latest SMR insider to sell. They sold $86,643.80 worth of SMR shares on May 8, 2024.

Research more about who owns SMR shares here.

Can I rely on SMR as an income stream?

No, Nuscale Power doesn't provide an income stream by paying out dividends.

What do other traders have to say about SMR?

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Place your SMR trade

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly sufficient.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a given price, use a limit order.

Hit the Open Trade button and your broker will execute the order.

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Step 6: Keep tabs on your SMR investment

Now that you own some SMR stock, you'll want to keep up with your stock purchase.

Add SMR to a watchlist to keep tabs on your SMR stock.

SMR Feed

How to Buy Stock in Nuscale Power

To reiterate, here are the 6 steps to buy stock in Nuscale Power:

  1. Choose where to buy Nuscale Power stock
  2. Sign up for a brokerage account
  3. Deposit money your investment account
  4. Research Nuscale Power stock
  5. Place your SMR trade
  6. Keep tabs on your SMR investment

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If you want to keep track of your new investment in Nuscale Power, get started below.

NYSE: SMR
$10.02+0.51 (+5.36%)
Updated Jun 21, 2024
Open eToro Account
NYSE: SMR
$10.02+0.51 (+5.36%)
Updated Jun 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Nuscale Power share?

As of Jun 21, 2024, it costs $10.02 to buy one share of Nuscale Power stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.499 shares of SMR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Nuscale Power stock?

According to 3 Wall Street analysts who monitor Nuscale Power, their consensus recommendation is to hold Nuscale Power stock.

What is the best way to buy Nuscale Power stock?

One way to place an order for Nuscale Power stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.