FMP

FMP

NuScale Power Corporation (NYSE:SMR) Sees Price Target Set by Cantor Fitzgerald

  • Cantor Fitzgerald sets a price target of $55 for NYSE:SMR, indicating a potential increase of 24.41%.
  • Appointment of James D. Canafax as Chief Legal Officer and Corporate Secretary could impact investor confidence.
  • SMR's stock price volatility and significant trading volume suggest active investor interest and potential for growth.

NuScale Power Corporation, trading under the symbol NYSE:SMR, is a company focused on developing small modular reactors for clean energy solutions. On October 21, 2025, Cantor Fitzgerald set a price target of $55 for SMR, suggesting a potential price increase of about 24.41% from its current price of $44.21. This target reflects optimism about the company's future performance.

Recently, NuScale announced the appointment of James D. Canafax as the new Chief Legal Officer and Corporate Secretary, effective October 20, 2025. This leadership change could influence investor confidence and potentially impact the stock's performance. As of now, SMR's stock price has seen a slight decrease of $0.04, or approximately -0.09%, settling at $44.21.

SMR's stock price has shown volatility, with a daily range between $43.41 and $46.39. Over the past year, the stock has experienced significant fluctuations, reaching a high of $57.42 and a low of $11.08. This volatility may present opportunities for investors looking to capitalize on price movements.

The company's market capitalization is approximately $13.18 billion, indicating its size and market presence. With a trading volume of 14.99 million shares, SMR is actively traded, reflecting investor interest and liquidity in the market. These factors contribute to the stock's potential for growth as highlighted by Cantor Fitzgerald's price target.