Why NuScale Power Corporation (SMR) Skyrocketed On Tuesday

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We recently published a list of 10 Firms Crushing the Market. In this article, we are going to take a look at where NuScale Power Corporation (NYSE:SMR) stands against other firms that are crushing the market.

The stock market finished the trading day on a mixed note, as investors continued to digest April inflation figures, which came out lower than expected.

On Tuesday, the Labor Department reported that the Consumer Price Index for April rose by only 0.2 percent last month, bringing the annual inflation rate to 2.3 percent, its lowest annual rate since February 2021.

Among Wall Street’s main indices, only the S&P 500 and the tech-heavy Nasdaq registered gains, by 0.72 percent and 1.61 percent, respectively. The Dow Jones, on the other hand, was down by 0.64 percent.

Beyond the major indices, 10 companies finished the session with strong gains amid a flurry of positive developments, including ratings upgrades and impressive corporate earnings, among others.

In this article, we name Tuesday’s 10 top performers and detail the reasons behind their rally.

To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.

Why NuScale Power Corporation (SMR) Skyrocketed On Tuesday
Why NuScale Power Corporation (SMR) Skyrocketed On Tuesday

A Nuclear power plant with all its safety & security protocols in place.

NuScale Power Corporation (NYSE:SMR)

NuScale Power extended its rally for a fourth straight day on Tuesday, adding 21.64 percent to close at $21.64 apiece following the release of a strong earnings performance in the first quarter of the year.

In a statement, NuScale Power Corporation (NYSE:SMR) said revenues during the period expanded by 857 percent to $13.4 million from $1.4 million in the same period last year, driven by strong revenues generated from the FEED Phase 2 project and the Technology License Agreement for the RoPower Doicești power plant.

Operating expenses decreased by 5 percent to $42.3 million from $44.6 million amid lower research and development expenses, which partially offset higher general and administrative expenses.

NuScale Power Corporation (NYSE:SMR) also incurred a loss from operations of $35.3 million, or 19.8 percent lower than the $44 million reported in the same period a year ago.

Overall, SMR ranks 5th on our list of firms that are crushing the market. While we acknowledge the potential of SMR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SMR but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.