Why is SMR stock down today?

SMR is down 26.2% over five trading days, closing at $4.37 on Nov. 5, 2026. When a stock drops like this, the first question is whether the problem is the company or the whole group it trades with.

To answer that, we compare SMR with its closest peers, check the calendar for earnings and Fed dates, and go through NUSCALE POWER Corp's latest SEC filings and insider trades.

The chart below tracks SMR's daily closing price from May 12, 2026 to Nov. 5, 2026. Over that stretch it is down 63.6%, from $12.00 to $4.37, with a high of $13.95 on June 2, 2026 and a low of $4.37 on Nov. 5, 2026. Each red circle marks a week in which company insiders sold shares on the open market (5 weeks in this period; bigger circles mean more money). There are no green diamonds: no insider bought on the open market in this window.

What could be behind the SMR move

We found no NUSCALE POWER Corp earnings report within the last 10 days or next three weeks, and no notable SEC filing in recent weeks, so nothing company-specific on the public record explains the move on its own.

Across the broader market, the backdrop is an uptrend under stress, with the VIX volatility index at 16.61. The Federal Reserve's next rate decision is on Dec. 9, 2026, 33 days away; market pricing puts the odds at 34% for a hold, 64% for a hike and 2% for a cut.

Also worth knowing about SMR

Live SMR data, updated every 30 minutes: SMR insider trades, ownership and filings →

In NUSCALE POWER Corp's own words

“This was a significant quarter for NuScale as we progressed from development to physical production of our first commercial NuScale Power Module”

— John Hopkins, NuScale President and Chief Executive Officer · SEC filing

From the company's earnings release filed with the SEC on 2026-11-05 (Form 8-K).

What would change the picture for SMR

These are the specific events and levels to watch. None of them is a prediction.

• An open-market purchase by an insider at NUSCALE POWER Corp. There has been none in 90 days; Form 4 filings would show one within two business days of the trade.
• Analyst ratings: the average score moved from 3.36 to 3.35 over three months (on a scale where 5 is strong buy and 1 is strong sell). A run of downgrades after earnings usually shows up here first.
• Price levels: a close above $37.91 would be a new 52-week high, 767.5% above the latest close of $4.37; a close below $4.37 would be a new 52-week low, 0% below it.
• Growth: revenue fell 95.7% year over year in the quarter ending Sep 2026 (trend: steady).
• New shares: dilution risk is high now. A new shelf registration (S-3) or a prospectus supplement (424B) for an offering would raise it.

SMR history: what happened after similar moves

Since 2023, SMR fell 43.0% or more in a month 4 times (separate episodes, not counting the current one). Three months later it was higher in 2 of 4 cases; the median change was +69.2%.

Past moves don't predict the next one; they show how volatile the stock has been.

Questions people also ask

What is SMR's 52-week high and low?

Over the past year SMR closed as high as $37.91 and as low as $4.37. At $4.37 (Nov. 5, 2026) it is down 88.5% from the high and 0.0% above the low.

Do analysts think SMR is a buy?

10 of the 23 analysts who cover NUSCALE POWER Corp rate it a buy or strong buy, for a consensus of Hold. Ratings describe analysts' views, not a guarantee, and they change after earnings.

Are SMR insiders buying or selling?

Insiders sold $805,373 of SMR on the open market in 90 days and bought none. Sales are often routine (taxes, diversification, pre-planned plans); purchases with their own money are the stronger signal.

Is NUSCALE POWER Corp profitable?

Not over the last 12 months: NUSCALE POWER Corp had $2.7 million of revenue but a net loss (net margin -6817.0%).

Does SMR pay a dividend?

NUSCALE POWER Corp reported no dividend payments over the last 12 months in its SEC filings.

Is NUSCALE POWER Corp issuing new shares?

Dilution risk reads high (100/100); the share count rose 177.9% in a year. That is based on 3 offering-related filing(s) in 12 months.

Dates to watch for SMR

Insider trades can come any day: they must be filed on Form 4 within two business days.

Key terms on this page

Form 4

The SEC form a company's officers, directors and 10% owners must file within two business days of buying or selling its stock.

Open-market trade

A purchase or sale on the exchange at the market price, paid with the insider's own money (code P or S on Form 4), as opposed to option exercises, grants or gifts.

Dilution

When a company issues new shares, each existing share owns a smaller piece of the company. Common sources: stock offerings, convertible debt and large stock-based pay.

Form 8-K

The SEC form for material events between quarterly reports: earnings releases, deals, executive changes, stock offerings and similar news.

52-week high / low

The highest and lowest daily closing price over the past year (about 252 trading days).

Analyst consensus

The average of Wall Street analysts' ratings (strong buy to strong sell). Analysts skew positive, so a hold is often read as a cautious view.

Where these numbers come from

Every number on this page is computed from the data when the page is refreshed (usually daily); nothing is typed in by hand. This is information, not investment advice.

• Price: daily closing prices through Nov. 5, 2026; changes use 5, 21 and 63 trading days; the 52-week range uses the last 252 closes.
• Insider trades: SEC Form 4 filings for the last 90 days, counting only open-market purchases (code P) and sales (code S); option exercises, grants, gifts and filings with data errors are left out.
• Analyst ratings: counts of current ratings from 23 analysts, compared with three months ago.
• Earnings dates and estimates: a market-data calendar; reported vs expected EPS for the last 4 quarters.
• Valuation and growth: revenue, earnings, margins and share counts from the company's SEC filings (XBRL data, latest quarter Sep 2026); P/E and price/sales use the latest close.
• Fund ownership: SEC Form 13F filings for Q2 2026.
• Dilution: share-count changes and offering-related SEC filings (shelf registrations, prospectus supplements, convertible notes) over two years, scored 0-100.
• History: 21-trading-day moves over about three years of daily closes, counted once per episode.