NuScale Power Stock Will Spike 23.7% Over the Next 11 Months According to This Wall Street Analyst

Despite NuScale Power stock falling 40% in 2026, Bank of America analyst Rinny Singh maintains a buy rating with a $12 price target, implying 24% upside. Singh's bullish thesis hinges on NuScale converting its non-binding 6-GW TVA project into a firm deal through a power-purchase agreement (PPA), expected by end of 2026. The company's improved balance sheet with $1.9B in cash addresses previous funding concerns, positioning it to focus on executing this critical catalyst.