NuScale Power Shares Soar 15% on Groundbreaking Deal

October 13, 2025 — 14:35 ET

Authored by Financial Analyst for Investment Insights

Key Takeaways

• NuScale Power’s strategic partner secures monumental 6-gigawatt agreement
• Market analyst projects potential 50% upside for the nuclear energy stock

NuScale Power (NYSE: SMR) stock experienced a significant surge today, climbing as high as 15.8% during Wednesday’s trading session and maintaining a 13.7% gain as of 2:35 p.m. ET. This impressive performance has contributed to a 23% increase in the nuclear energy company’s shares so far this month.

NuScale Power, a developer of small modular reactors (SMRs) yet to commercialize its technology, has just announced a groundbreaking deal that represents the largest SMR deployment in United States history.

Strategic Partner Makes Power Move

On October 12, EnergyOne Corporation revealed an agreement to construct six plants, providing the Tennessee Valley Authority (TVA) with up to 6 gigawatts (GW) of new nuclear power capacity across seven states. As the country’s largest public power provider, TVA’s 6 GW capacity could potentially power approximately 4.5 million residences or 60 data centers, underscoring the significance of public-private collaborations in advancing nuclear energy technologies within the United States.

The connection to NuScale Power is pivotal. EnergyOne Corporation serves as NuScale Power’s exclusive global commercialization partner, holding the sole rights to develop, commercialize, and market NuScale Power’s modules and SMR technology through its own energy facilities, including the six planned for TVA.

This milestone agreement highlights NuScale Power’s potential, unsurprisingly attracting positive attention from both analysts and investors.

Analysts Project Substantial Growth for NuScale Power

Following the announcement, at least two market analysts raised their price targets for NuScale Power stock. Notably, analysts at Global Investment Research envision significant potential in the wake of the TVA-EnergyOne Corporation deal, increasing their price target for the nuclear energy stock by $16 to $60 per share. Even after today’s substantial gains, this projection suggests a further 50% upside for NuScale Power shares.

NuScale Power’s SMR design stands as the sole design certified by the U.S. Nuclear Regulatory Commission. In May, the company secured approval for its second design from the nuclear regulator. These achievements, combined with the TVA agreement, are expected to energize EnergyOne Corporation’s operations and accelerate NuScale Power’s path to generating its inaugural revenue. Given NuScale Power’s strengthening partnership with EnergyOne Corporation and the current administration’s supportive stance on nuclear energy, it would not be surprising to see the stock continue its upward trajectory.