NuScale Power's Next Earnings Report on Aug. 5 Could Send the Stock Soaring. Here's Why.
NuScale Power could deliver a critical update during its next earnings call.
Overview
NuScale Power Corp (NYSE:SMR) is scheduled to report second-quarter earnings after market close on Aug. 5. The stakes are high.
So far this year, NuScale’s stock price has plunged in value by nearly 50%. The nuclear energy stock now has a market cap of just $3 billion.
Details
And yet analysts from Bank of America believe nuclear energy will be a $10 trillion opportunity over the long term. And NuScale’s small modular reactors, or SMRs, are an ideal solution for the rising energy needs of the artificial intelligence industry.
Source
Originally published at www.fool.com.
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