NuScale Power's stock surged 5.04% during intraday trading on Thursday, following the release of a positive earnings preview for its upcoming quarterly results.
The movement appears to be driven by the company's earnings preview, which indicates that NuScale Power is expected to report a significant revenue increase of 244.29% year-over-year to approximately $14.67 million for the quarter. This represents a sharp rebound from the previous quarter's revenue of $1.81 million.
While institutional views remain mixed with a cautious tilt, the strong revenue growth expectations and estimated improvement in adjusted EPS to -0.13 (a 15.04% year-over-year improvement) have generated positive investor sentiment ahead of the official earnings release scheduled for May 07, 2026.