NuScale Power Has Lost 67% of Its Value in 2026. Is It Finally Time to Buy?

NuScale Power's stock has plummeted 67% in 2026, falling from $15 to under $5 per share, driven by waning AI enthusiasm and delayed power purchase agreements. While the company operates in a multi-trillion-dollar nuclear energy opportunity fueled by AI data center demand, its valuation depends heavily on a signed PPA with ENTRA1 and TVA for its 6-gigawatt SMR project. Investor sentiment has shifted as AI companies face funding constraints and consider alternative energy sources.