NuScale Power (SMR) Stock Surges 12% on Bank of America Upgrade, Sparks Valuation Review

NuScale Power (SMR) stock surged 12% in pre-market trading on January 9, 2026, following a Bank of America rating upgrade. This action has spurred new scrutiny of the small modular reactor (SMR) developer's valuation. Why this matters now: The upgrade provides a crucial catalyst for SMR stock, shifting focus to its long-term value amid significant clean energy investment trends. The rally followed a period of declining share prices, with previous attempts to sustain gains often encountering fundamental headwinds. Bank of America's renewed confidence now challenges earlier market concerns. Prior to this upgrade, investor sentiment on January 8, 2026, included speculative discussions, with some reports suggesting significant potential returns for the NuScale Power stock. Analysts are closely monitoring NuScale Power's trajectory within the evolving energy transition landscape. The Bank of America upgrade signals a potential shift in market perception regarding the company's prospects. Looking ahead, market participants will observe sustained price action and any corporate developments validating this analyst sentiment. Investors will also seek updates on NuScale's project pipeline and regulatory milestones, essential for long-term growth. The Bank of America upgrade thus provides a new impetus, recalibrating investor outlook. This development makes the company's upcoming strategic moves critical for its long-term valuation and market position.