FMP

FMP

NuScale Power Corporation (NYSE:SMR) Coverage Initiated by Cantor Fitzgerald

  • Cantor Fitzgerald initiated coverage on NuScale Power Corporation (NYSE:SMR) with an "Overweight" rating, indicating a positive outlook.
  • The appointment of James D. Canafax as Chief Legal Officer and Corporate Secretary is expected to enhance the company's legal and corporate governance, potentially boosting investor confidence.
  • SMR's stock price has experienced significant volatility over the past year, with a high of $57.42 and a low of $11.08, reflecting its growth potential and market risk.

NuScale Power Corporation, trading on the NYSE under the symbol SMR, is a company focused on developing small modular reactors for nuclear energy. On October 21, 2025, Cantor Fitzgerald initiated coverage on SMR with an "Overweight" rating, indicating a positive outlook on the stock. At the time, SMR was priced at $44.21, as highlighted by TheFly.

The recent appointment of James D. Canafax as Chief Legal Officer and Corporate Secretary on October 20, 2025, is a strategic move for NuScale. This appointment is expected to enhance the company's legal and corporate governance framework, potentially influencing investor confidence and the stock's performance.

Currently, SMR is priced at $44.21, experiencing a slight decrease of $0.04, or approximately -0.09%. During the trading day, the stock fluctuated between a low of $43.41 and a high of $46.395. This volatility is typical in the stock market and can be influenced by various factors, including market sentiment and company news.

Over the past year, SMR has seen significant price movement, with a high of $57.42 and a low of $11.08. This range indicates the stock's potential for both growth and risk. Investors often consider such historical data when making investment decisions.

NuScale's market capitalization is approximately $13.18 billion, reflecting the company's size and market value. With a trading volume of 14.99 million shares, SMR is actively traded, suggesting a high level of investor interest and liquidity in the market.