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NuScale Power Corporation (NYSE:SMR) investors will be delighted, with the company turning in some strong numbers with its latest results. Revenues of US$13m beat estimates by a substantial 289% margin. Unfortunately, NuScale Power also reported a statutory loss of US$0.11 per share, which at least was smaller than the analysts expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
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Following the recent earnings report, the consensus from ten analysts covering NuScale Power is for revenues of US$46.0m in 2025. This implies a measurable 6.2% decline in revenue compared to the last 12 months. Losses are predicted to fall substantially, shrinking 62% to US$0.38. Yet prior to the latest earnings, the analysts had been forecasting revenues of US$53.5m and losses of US$0.39 per share in 2025. So there's been quite a change-up of views after the recent consensus updates, withthe analysts making a serious cut to their revenue forecasts while also reducing the estimated losses the business will incur.
View our latest analysis for NuScale Power
The consensus price target rose 7.5% to US$25.62, with the analysts increasingly optimistic about shrinking losses, despite the expected decline in revenue. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic NuScale Power analyst has a price target of US$31.00 per share, while the most pessimistic values it at US$17.00. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the NuScale Power's past performance and to peers in the same industry. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 8.2% by the end of 2025. This indicates a significant reduction from annual growth of 51% over the last three years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 8.3% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - NuScale Power is expected to lag the wider industry.