SMR Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $7.75
P/E (TTM) -3.5
EPS (TTM) $-2.20
Revenue (TTM) $11M
ROE (TTM) -30.2%
52W Range $7–$57

SMR Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$31M
2020-12-31 → 2025-12-31
EPS$-2.17
2020-12-31 → 2025-12-31
Free Cash Flow$-460M
2022-12-31 → 2025-12-31
Net margin-3888.7%
2022-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend SMR 5Y avg Peer Median Verdict
P/E (TTM) -3.55Y avg ≈-10.7 ≈-10.7 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise -223.4%
Next Report Nov 04, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 5, 2026 $-0.13 $-0.13 -0.08%
March 31, 2026 $-0.14 $-0.13 -8.8%
Dec. 31, 2025 $-0.31 $-0.12 -148.2%
Sept. 30, 2025 $-1.85 $-0.14 -1197.3%
June 30, 2025 $-0.13 $-0.11 -13.4%
March 31, 2025 $-0.11 $-0.15 27.4%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 15
Metric Trend 202520242023202220212020
Revenue $31M$37M$23M$12M$3M$600.0K
Cost of Revenue $20M$5M$19M$7M$2M$355.0K
Gross Profit $11M$32M$4M$4M$1M$245.0K
R&D Expense $46M$47M$156M$128M$94M$95M
SG&A Expense $610M$76M$65M$55M$39M$37M
Operating Income $-690M$-139M$-276M$-230M$-174M$-159M
Interest Income ····$19.0K·
Pretax Income $-664M$-346M$-180M$-142M$-102M$-88M
Income Tax $322.0K$2M$0$0$0$0
Net Income $-356M$-137M$-58M$-26M$-102M$-88M
EPS (Basic) $-2.17$-1.47$-0.80$-0.51$0.00$0.00
EPS (Diluted) $-2.17$-1.47$-0.80$-0.51$0.00$0.00
Shares (Basic) 163,731,67393,249,87273,386,01850,763,84400
Shares (Diluted) 163,731,67393,249,87273,386,01850,763,84400
EBITDA $-690M$-139M$-276M$-230M$-1M·
Balance Sheet 24
Metric Trend 202520242023202220212020
Cash & Equivalents $836M$402M$120M$218M$77M$2M
Short-term Investments $418M$40M$0$50M$0·
Receivables ···$11M$5M·
Prepaid Expense $5M$3M$19M$6M$4M$237.1K
Current Assets $1.27B$471M$155M$284M$86M$2M
PP&E (Net) $2M$2M$4M$5M$5M·
PP&E (Gross) ··$25M···
Accum. Depreciation $17M$18M$21M$19M$21M·
Goodwill $8M$8M$8M$8M$8M·
Intangibles $527.0K$704.0K$882.0K$1M$1M·
Other Non-current Assets $16M$2M$4M$7M$4M·
Total Assets $1.41B$545M$225M$349M$121M$234M
Accounts Payable $287M$48M$45M$28M$22M$0
Accrued Liabilities ····$40.0K$49.9K
Short-term Debt ····$0$0
Current Liabilities $296M$90M$87M$39M$48M$49.9K
Capital Leases $1M·$1M$3M$211.0K·
Other Non-current Liabilities $3M$2M$1M$3M$3M·
Total Liabilities $299M$92M$96M$72M$53M$42M
Total Debt ····$0·
Paid-in Capital $1.90B$996M$334M$297M$0$18M
Retained Earnings $-733M$-377M$-240M$-182M$-782M$-40M
Stockholders' Equity $1.17B$619M$93M$115M$66M$-40M
Liabilities + Equity $1.41B$545M$225M$349M$121M$234M
Cash Flow 14
Metric Trend 202520242023202220212020
Stock-based Comp $19M$14M$16M$9M$6M$4M
Deferred Tax ··$0$0··
Amort. of Intangibles $177.0K$177.0K$177.0K$177.0K$177.0K$178.0K
Operating Cash Flow $-460M$-109M$-183M$-149M$-99M$-47M
CapEx $508.0K$44.0K$2M$2M$2M$4M
Investing Cash Flow $-411M$-40M$48M$-52M$-2M$-4M
Debt Issued ···$0$0$23M
Net Debt Issued ···$0··
Stock Repurchased ·$0$0$566.0K$17.0K$49.0K
Net Stock Activity ·$0$0$-566.0K··
Financing Cash Flow $1.31B$430M$16M$368M$173M$38M
Net Change in Cash $435M$281M$-119M$167M$72M$-12M
Taxes Paid $322.0K$2M$0···
Free Cash Flow $-460M$-109M$-185M$-151M··
Profitability 8
Metric Trend 202520242023202220212020
Gross Margin 36.3%86.7%16.9%38.0%··
Operating Margin -2190.6%-374.5%-1208.1%-1948.5%··
Net Margin -1130.3%-368.8%-255.9%-219.5%··
Pretax Margin -2109.7%-935.2%-789.6%-1199.4%··
EBITDA Margin -2190.6%-374.5%-1208.1%-1948.5%··
ROA -36.4%-35.5%-20.3%-11.0%1.4%·
ROE -39.8%-38.4%-56.1%-28.6%-8.9%·
ROIC -59.0%-22.6%-294.9%-200.6%··
Liquidity & Solvency 3
Metric Trend 202520242023202220212020
Current Ratio 4.35.31.87.43.142.9
Quick Ratio 4.24.91.47.22.938.2
Debt / Equity ····0.0·
Efficiency 2
Metric Trend 202520242023202220212020
Asset Turnover 0.00.10.10.1··
Receivables Turnover ···1.5··
Per Share 3
Metric Trend 202520242023202220212020
Revenue / Share $0.19$0.40$0.31$0.23··
Cash Flow / Share $-2.81$-1.17$-2.50$-2.93··
EPS (TTM) $-2.17$-1.47$-0.80$-0.51$0.00$0.00
Growth Rates 3
Metric Trend 202520242023202220212020
Revenue YoY -15.0%62.4%93.2%312.4%377.0%·
Revenue CAGR 3Y 38.7%134.8%236.2%···
Revenue CAGR 5Y 120.8%·····
Valuation (TTM) 4
Metric Trend 202520242023202220212020
Revenue TTM $31M$37M$23M$12M$3M$600.0K
Net Income TTM $-356M$-137M$-58M$-26M$-102M$-88M
P/E -6.5-12.2-4.1-20.1··
Earnings Yield -15.3%-8.2%-24.3%-5.0%··

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $31M $37M $23M $12M $3M
Gross Margin % 36.3% 86.7% 16.9% 38.0% ·
Operating Margin % -2190.6% -374.5% -1208.1% -1948.5% ·
Net Income $-356M $-137M $-58M $-26M $-102M
Diluted EPS $-2.17 $-1.47 $-0.80 $-0.51 $0.00

Institutional owners (13F) 583 filers · $2.9B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 583
Value held $2.9B
New positions 101
Exited positions 69
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
101 (-28 vs prior Q) 69 (0 vs prior Q) 249 (+47 vs prior Q) 105 (-16 vs prior Q) +52.6M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VAN ECK ASSOCIATES CORP $293,996,973 29,311,762 10.30% Shares
BlackRock, Inc. $259,348,459 25,857,274 9.09% Shares
VANGUARD GROUP INC $220,272,905 15,545,018 7.72% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $151,974,189 15,151,963 5.32% Shares
VANGUARD CAPITAL MANAGEMENT LLC $141,212,671 14,079,030 4.95% Shares
Marex Group Ltd $127,493,136 12,711,180 4.47% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $118,043,782 11,769,071 4.14% Shares
TWO SIGMA INVESTMENTS, LP $116,903,171 11,655,351 4.10% Shares
MORGAN STANLEY $91,660,137 9,138,597 3.21% Shares
GEODE CAPITAL MANAGEMENT, LLC $68,515,541 6,830,134 2.40% Shares
STATE STREET CORP $66,827,383 6,662,750 2.34% Shares
JANE STREET GROUP, LLC $55,746,740 5,558,000 1.95% Put option
SUSQUEHANNA INTERNATIONAL GROUP, LLP $42,106,943 4,198,100 1.48% Put option
SUSQUEHANNA INTERNATIONAL GROUP, LLP $39,609,473 3,949,100 1.39% Call option
GOLDMAN SACHS GROUP INC $38,442,828 3,832,784 1.35% Shares
UBS Group AG $34,749,697 3,464,576 1.22% Shares
JANE STREET GROUP, LLC $33,268,507 3,316,900 1.17% Call option
SUSQUEHANNA INTERNATIONAL GROUP, LLP $32,197,684 3,210,138 1.13% Shares
MARSHALL WACE, LLP $30,591,962 3,050,046 1.07% Shares
Toroso Investments, LLC $29,979,767 2,115,721 1.05% Shares
Toroso Investments, LLC $28,932,306 2,041,800 1.01% Put option
WOLVERINE TRADING, LLC $26,399,088 691,800 0.92% Call option
NORTHERN TRUST CORP $26,098,953 2,602,089 0.91% Shares
Clear Street Group Inc. $25,726,218 2,564,927 0.90% Shares
CAPITAL FUND MANAGEMENT S.A. $25,321,818 2,524,608 0.89% Shares
CITADEL ADVISORS LLC $23,416,038 2,334,600 0.82% Put option
Greenhouse Funds LLLP $21,656,906 2,159,213 0.76% Shares
D. E. Shaw & Co., Inc. $21,388,975 2,132,500 0.75% Call option
Cetera Investment Advisers $20,947,008 2,088,436 0.73% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $20,808,750 2,074,651 0.73% Shares
VANGUARD FIDUCIARY TRUST CO $17,536,803 1,748,435 0.61% Shares
WOLVERINE TRADING, LLC $17,416,224 456,400 0.61% Put option
Korea Investment CORP $17,034,360 1,698,341 0.60% Shares
Samsung C&T Corp $15,905,614 1,585,804 0.56% Shares
CITADEL ADVISORS LLC $15,026,946 1,498,200 0.53% Call option
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. $14,970,000 1,492,568 0.52% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $14,770,227 1,362,567 0.52% Shares
Trexquant Investment LP $14,189,662 1,414,722 0.50% Shares
RPG Investment Advisory, LLC $14,007,497 1,396,560 0.49% Shares
Point72 Asset Management, L.P. $13,181,817 1,314,239 0.46% Shares
CITIGROUP INC $12,517,982 1,248,054 0.44% Shares
EXCHANGE TRADED CONCEPTS, LLC $12,288,134 1,225,138 0.43% Shares
Mirae Asset Global Investments Co., Ltd. $12,248,465 1,221,183 0.43% Shares
BANK OF AMERICA CORP /DE/ $11,991,280 1,195,541 0.42% Shares
CITADEL ADVISORS LLC $11,729,072 1,169,399 0.41% Shares
LPL Financial LLC $11,190,042 1,115,657 0.39% Shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC $10,165,164 1,013,476 0.36% Shares
Bank of New York Mellon Corp $10,055,697 1,002,562 0.35% Shares
WELLS FARGO & COMPANY/MN $9,851,489 982,202 0.35% Shares
Nuveen, LLC $9,043,811 901,676 0.32% Shares

Show all 583 institutional owners →

Activists & 5%+ owners 1 position

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Japan NuScale Innovation, LLC, Japan Bank for International Cooperation, JGC Holdings Corporation, JGC America, Inc., IHI Corporation, IHI Americas Inc., Chubu Electric Power Co., Inc., Chubu Global Investment Americas Inc. ×3 filings Nov. 27, 2024 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 33 insiders · 15 officers · 13 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
John Lawrence Hopkins Chief Executive Officer Feb. 28, 2026 A 117,018 0 1 $-1,010,191
Robert Ramsey Hamady Chief Financial Officer Aug. 17, 2026 S 97,192 0 5 $-1,786,898
Thomas P Mundy President, VOYGR Services Aug. 8, 2023 M 225 0 0 $0
Carl M. Fisher Chief Operating Officer Aug. 4, 2026 M 114,718 0 4 $-1,069,805
Dale Atkinson Chief Operating Officer Feb. 15, 2023 M 110,195 0 0 $0
David A Tonnel Chief Accounting Officer March 24, 2026 M 7,420 0 1 $-27,114
William J. Cooper Chief Legal Officer/ Secretary Feb. 28, 2026 A · 0 0 $0
Clayton Scott Chief Commercial Officer Feb. 28, 2026 A 132,852 0 1 $-274,681
Jose N Reyes Jr Chief Technology Officer Feb. 28, 2026 A 268,081 0 3 $-2,730,081
James D Canafax Chief Legal Officer Oct. 20, 2025 A · 0 0 $0
Shahram Ghasemian Chief Legal Officer June 30, 2025 A · 0 0 $0
Jacqueline F. Engel Interim VP, Accounting May 2, 2025 M 0 0 0 $0
Julie Adelman Senior Director, Accounting Aug. 22, 2023 M 22,302 0 0 $0
Rudy Murgo Treasurer June 12, 2023 M 10,922 0 0 $0
Karin Feldman InterimChief Operating Officer May 30, 2023 S 0 0 0 $0
Kent Kresa Director Sept. 30, 2026 A 104,947 0 0 $0
Alan L Boeckmann Director Sept. 30, 2026 A 97,008 0 0 $0
Shinji Fujino Director Aug. 18, 2026 S 17,242 0 1 $-177,200
Bum-Jin Chung Director May 29, 2026 A 51,172 0 0 $0
Stuart Alan Harshaw Director May 29, 2026 A 17,362 0 0 $0
Kimberly O. Warnica Director May 29, 2026 A 56,140 0 0 $0
Dale E. Klein Director May 29, 2026 A 17,362 0 0 $0
Diana J Walters Director May 29, 2026 A 20,976 0 0 $0
Fluor Corporation Director April 21, 2026 S 0 0 21 $-1,969,640,280
James T Hackett Director May 28, 2024 A 44,350 0 0 $0
Christopher Dixon Sorrells Director Aug. 28, 2023 M 32,747 0 0 $0
Chris Panichi Director Dec. 15, 2022 S 2,775 0 0 $0
Japan Bank for International Cooperation 10% owner Nov. 25, 2024 S · 0 0 $0
IBK Securities Co., Ltd. 10% owner Jan. 9, 2023 S 287,420 0 0 $0
Green Energy New Technology Investment Fund 10% owner Oct. 31, 2022 S 4,196,142 0 0 $0
Robert K Temple · Oct. 16, 2024 M 2,000 0 0 $0
Chris Colbert · Oct. 13, 2023 S 0 0 0 $0
William J. Quinn · April 22, 2022 P 73,600 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 43 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
URA · Global X Funds 3.04% 19,620,672 NS July 31, 2026 N-PORT
SRVR · Pacer Funds Trust 0.90% 395,467 NS July 31, 2026 N-PORT
CCSO · Tidal Trust II 0.27% 14,630 NS July 31, 2026 N-PORT
IWO · iShares Trust 0.22% 3,063,707 SH Sept. 11, 2026 Daily
VTWG · VANGUARD SCOTTSDALE FUNDS 0.19% 349,171 SH Aug. 19, 2026 Daily
ZAP · Global X Funds 0.17% 93,649 NS July 31, 2026 N-PORT
TRFM · ETF Series Solutions 0.15% 44,200 NS July 31, 2026 N-PORT
IWM · iShares Trust 0.11% 8,308,931 SH Sept. 11, 2026 Daily
BBSC · J.P. Morgan Exchange-Traded Fund Tr… 0.11% 89,623 NS July 31, 2026 N-PORT
VBK · VANGUARD INDEX FUNDS 0.10% 4,595,891 SH Aug. 19, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.10% 1,874,277 SH Aug. 19, 2026 Daily
BKSE · BNY Mellon ETF Trust 0.10% 10,110 NS July 31, 2026 N-PORT
RSSL · Global X Funds 0.09% 155,926 NS July 31, 2026 N-PORT
MADE · iShares Trust 0.07% 4,333 SH Sept. 11, 2026 Daily
ISCF · iShares Trust 0.07% 221,271 SH Sept. 11, 2026 Daily
ESML · iShares Trust 0.06% 157,578 SH Sept. 11, 2026 Daily
ISCG · iShares Trust 0.05% 49,825 SH Sept. 11, 2026 Daily
PDN · Invesco Exchange-Traded Fund Trust … 0.04% 82,920 SH Oct. 1, 2026 Daily
WSML · iShares Trust 0.04% 50,256 SH Sept. 11, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.04% 7,941,099 SH Aug. 19, 2026 Daily
VIS · VANGUARD WORLD FUND 0.04% 364,698 SH Aug. 19, 2026 Daily
FIDU · FIDELITY COVINGTON TRUST 0.04% 98,314 NS July 31, 2026 N-PORT
PICK · iShares, Inc. 0.04% 418,363 SH Sept. 11, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.02% 2,465,523 SH Aug. 19, 2026 Daily
SCZ · iShares Trust 0.02% 1,006,123 SH Sept. 11, 2026 Daily
PRFZ · Invesco Exchange-Traded Fund Trust 0.02% 53,109 SH Oct. 1, 2026 Daily
DXUV · Dimensional ETF Trust 0.01% 9,020 NS July 31, 2026 N-PORT
VSS · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 1,010,721 SH Aug. 19, 2026 Daily
IPAC · iShares Trust 0.01% 113,446 SH Sept. 11, 2026 Daily
IWV · iShares Trust 0.00% 87,262 SH Sept. 11, 2026 Daily
ITOT · iShares Trust 0.00% 306,176 SH Sept. 11, 2026 Daily
IYY · iShares Trust 0.00% 9,185 SH Sept. 11, 2026 Daily
IEFA · iShares Trust 0.00% 2,349,892 SH Sept. 11, 2026 Daily
TILT · FlexShares Trust 0.00% 2,844 NS July 31, 2026 N-PORT
VTI · VANGUARD INDEX FUNDS 0.00% 11,005,869 SH Aug. 19, 2026 Daily
VXUS · VANGUARD STAR FUNDS 0.00% 4,069,467 SH Aug. 19, 2026 Daily
VPL · VANGUARD INTERNATIONAL EQUITY INDEX… 0.00% 295,977 SH Aug. 19, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.00% 459,787 SH Aug. 19, 2026 Daily
VEA · VANGUARD TAX-MANAGED FUNDS 0.00% 2,671,696 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 26,827 SH Aug. 19, 2026 Daily
FTLS · First Trust Exchange-Traded Fund III -0.19% -556,677 NS July 31, 2026 N-PORT
ISCB · iShares Trust · 14,906 SH Sept. 11, 2026 Daily
ISCV · iShares Trust · 38,400 SH Sept. 11, 2026 Daily

SMR Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 23 analysts HOLD
Median target $11.00 +41.9%
1 4.3% Strong Buy
9 39.1% Buy
11 47.8% Hold
1 4.3% Sell
1 4.3% Strong Sell

12-Month Price Target

15 analysts · 2026-10-02

Mean target $11.97 +54.4%

Now Current price $7.75
Low$6.00 Mean$11.97 High$20.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
SMR · -6.5 -15.0% -1130.3% -39.8% 36.3%
GEV $176.16B 36.9 9.0% 12.8% 47.1% 19.8%
BE · -234.8 37.3% -4.3% -13.1% 29.0%
FPS · · 88.5% 5.8% 29.0% 35.0%
XE · · · · · ·
EROC · · · · · ·
PSIX · 11.6 51.8% · · ·
BW $827M -13.2 1.1% -6.2% 17.4% ·
NNE $1.61B -36.4 · · -22.6% ·
NRGV $779M -7.1 340.9% -50.9% -131.3% 23.6%
NPWR · -0.3 · · -134.6% ·

Latest News Recent headlines mentioning this company

23

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Aug 5, 2026