The nuclear energy story that had Wall Street buzzing in 2025 has collapsed this year. NuScale Power (SMR), one of the most popular companies in the small modular reactor (SMR) space, has become one of the biggest short-seller targets in 2026.
Valued at a market capitalization of around $3.8 billion, SMR stock is now down 83% from its all-time high, grossly underperforming the broader markets. Will SMR stock continue to decline over the next 12 months? Let's take a closer look.