This summary was created by AI, based on 2 opinions in the last 12 months.
New Scale Power Company (SMR) is making significant strides in the development of small-form nuclear reactors, exhibiting a 659% increase in stock value this year. Despite this impressive growth, the company is currently facing challenges as it continues to operate at a loss due to weaker sales figures. The focus on developing small-scale nuclear modules poses a risk, but there is optimism that future contracts, particularly with large hyperscalers, could bolster its balance sheet. Experts remain divided, highlighting the potential of the technology while also cautioning about the financial implications in the interim. Overall, the trajectory for New Scale Power seems promising, but its current financial performance raises questions about sustainability.
Is up 659% this year. It's losing money as it develops small-scale nuclear modules, but he bets the balance sheet will be fine once it lands a huge hyperscaler contract.
The question was on companies that build small modular reactors. This is a growing space since these can be built in a factory as opposed to large scale site development of nuclear reactors. There are not a lot of companies in this space. Rolls Royce is one of them but it has other divisions as well. The New Scale Power Company is one of the companies dealing specifically with SMR's and it has been approved in the U.S.
New Scale Power Company is a OTC stock, trading under the symbol SMR on the (). It is usually referred to as or SMR
In the last year, 2 stock analysts published opinions about SMR. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for New Scale Power Company.
New Scale Power Company was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for New Scale Power Company.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered New Scale Power Company In the last year. It is a trending stock that is worth watching.
On , New Scale Power Company (SMR) stock closed at a price of $.
It's made promising advances in small-form reactors, but loses money on weaker sales.