NuScale Power (SMR), a developer of Small Modular Reactors (SMRs), saw its stock soar 6.61% in Tuesday's pre-market trading, riding the wave of a broader rally in nuclear energy stocks. This surge comes in the wake of President Donald Trump's recent executive order aimed at revitalizing America's nuclear energy capacity.

The executive order, signed on Friday, outlines an aggressive roadmap for the nuclear industry, including goals to construct 10 new large-scale reactors by 2030. This move has ignited optimism across the nuclear sector, with several companies experiencing notable gains. Energy Fuels led the pack with an 11% increase, while other firms like NANO Nuclear Energy also posted substantial gains.

Goldman Sachs analyst Brian Lee expressed optimism about NuScale Power, noting that advanced technologies like SMRs are getting a boost from Trump's executive order. Lee maintained a constructive view on the nuclear opportunity, citing potential long-term tailwinds for companies in the nuclear fuel supply chain.

The broader context of rising global energy demands, efforts to reduce carbon emissions, and the need for reliable baseload power sources further supports the positive outlook for nuclear energy companies. As the sector gains momentum, investors appear to be reevaluating its potential, with NuScale Power well-positioned to capitalize on this growth within the evolving energy landscape.