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NuScale Extends New-Year Rally as House Sets Hearings on Nuclear Push

Investors point to policy momentum rather than fresh company news.

Overview

  • NuScale shares jumped 15.1% on Jan. 3 to $16.31 and climbed another 15.14% on Jan. 5 to $18.78, marking a strong two-day start to 2026.
  • The House Energy Subcommittee plans a hearing on assisting nuclear plant deployment, with discussion expected on reducing regulatory hurdles and implementing President Trump's 2025 executive orders.
  • Gains were broad across nuclear names, with Centrus Energy up 12.2%, Oklo up 8.4%, and BWX Technologies up 5.2%.
  • The surge followed no new company-specific disclosures from NuScale, and trading action pointed to speculative interest across the sector.
  • SEC filings show directors Alan Boeckmann and Kent Kresa bought shares on Dec. 31, while analysts polled by S&P Global Market Intelligence still do not expect profitability before 2030.