Add as a preferred source on GoogleBarclays Downgrades NuScale and Cuts Price Target to $5
The nonbinding TVA-ENTRA1 agreement covers a proposed nuclear power program of up to 6 gigawatts. NuScale’s Aug. 5 update described work toward a definitive power purchase agreement.
Barclays downgraded NuScale Power Corporation (SMR) to Underweight from Equal Weight and cut its price target to $5 Tuesday, while shares closed at $5.58, down 1.9%, after touching a 52-week intraday low of $5.33.
The Tennessee Valley Authority (TVA) and ENTRA1 Energy signed a nonbinding agreement on Sept. 2, 2025, to explore a proposed nuclear power program of up to 6 gigawatts. ENTRA1 plans to use NuScale’s small modular reactor technology.
On Aug. 5, NuScale said ENTRA1 and TVA were working toward a definitive power purchase agreement. A separate partnership agreement names NuScale as a key technology supplier for ENTRA1 projects while leaving purchasing decisions to ENTRA1.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.