NuScale Power shares fell sharply on October 12, 2026, reaching a new 52-week low. Investors reacted to a new global expert report and analyst commentary questioning the profitability and timeline for the company’s small modular reactors. The report noted that NuScale’s key project in Romania has been delayed to around 2033.

The news adds to pressure from a recent UBS downgrade to “Sell” and the announcement of a securities fraud investigation into the company’s business practices. Legal, regulatory and business concerns are weighing on investor sentiment.

NuScale has a certified reactor design and strong cash reserves. But persistent delays and rising cash burn are creating uncertainty about future revenue and have contributed to the stock’s decline.