Why did SMR stock move today?

SMR stock moved after Bank of America upgraded NuScale Power to Neutral with a $28 target. The call cites reduced design risk, traction from the TVA licensing agreement, and rising AI data center power needs. These factors boosted sentiment despite ongoing losses and limited contract visibility. Traders also focused on technical momentum and heavy volume, which can amplify swings during news-driven sessions.

Is SMR stock a buy after the Bank of America upgrade?

The upgrade improves sentiment, but the setup still depends on execution. Investors should weigh the AI power opportunity against negative earnings, sparse contracts, and potential funding needs. Consider your risk tolerance, timeline, and diversification. Look for signed offtake deals, clearer project schedules, and cost updates. Many analysts rate shares Hold, with a consensus target near $34, so position size carefully.

What key metrics should SMR investors track now?

Focus on bookings, power purchase agreements, and project milestones tied to regulators and utilities. Monitor cash burn, liquidity, and any capital raises. Watch the March 2, 2026 earnings update for pipeline details. Technicals matter too, including RSI, ADX, and price relative to the 50-day and 200-day moving averages. These signals can flag momentum shifts while the story remains pre-revenue heavy.

How does AI data center demand affect NuScale Power?

AI data centers need steady, scalable, and lower-carbon energy with high uptime near growing campuses. NuScale’s small modular reactors aim to provide modular capacity suited to multi-site expansions. If operators adopt long-term power contracts, revenue visibility can improve. For SMR stock, concrete deals and financing terms will matter more than headlines, as they reduce uncertainty and support valuation.

Global Market Insights

SMR Stock Today, January 10: BofA Upgrade, AI Power Demand Fuel Rally

ByHuzaifa Zahoor January 11, 2026January 11, 2026

SMR stock is active today after Bank of America upgraded NuScale Power to Neutral with a $28 price target. The call highlights a de-risked small modular reactor design and momentum from the TVA licensing agreement, while AI data center demand strengthens the long-term case. NuScale Power (SMR) still faces ongoing losses and limited contract visibility, which keeps volatility high. Investors are weighing upside from utility and data center partnerships against execution risk and timing of revenue scale. We break down catalysts, fundamentals, price targets, and technicals to frame the setup for US investors.