NuScale Stock Jumps 14% as Nuclear Energy Optimism Ignites Speculative Trading
Shares in NuScale Power surged by over 14% on Friday, January 2, 2026, reaching $16.190 by 21:41 UTC. The jump came despite no clear news from the company itself, as broader finance market optimism around small modular reactors (SMRs) appeared to drive the rally.
Meanwhile, a separate incident at Finland’s Olkiluoto Nuclear Power Plant saw one reactor shut down temporarily due to a stock market today technical fault. The facility’s safety systems functioned as intended, and no risks were reported.
NuScale’s stock spike followed a 12.9% rise earlier in the day, with no direct catalyst identified. Analysts note the company remains unprofitable, with expectations of no profitability before 2030. Despite this, it holds a 4.00/5 analyst rating, with 55% recommending a Strong Buy. The momentum may stem from wider sector enthusiasm, including uranium production growth and progress at firms like Nano Nuclear Energy.
The Olkiluoto incident occurred when a technical issue triggered an automatic shutdown. Operators confirmed the reactor responded correctly, and the plant’s other units stayed operational. Repairs are underway, with the affected reactor set to restart within 16 hours. NuScale remains the only SMR-focused company generating revenue in this space. Yet, its yearly performance is down by 23.41%, raising questions about whether the latest surge reflects genuine confidence or speculative stock market trading.
The Olkiluoto reactor is expected to resume normal operations shortly, with no lasting safety concerns. For NuScale, the stock movement highlights investor interest in SMR technology, though the company’s financial outlook remains uncertain. Without near-term profits or cash flow, the rally may rely more on market sentiment than fundamentals.
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