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NuScale Power Appoints New Chief Legal Officer

Story Highlights
  • NuScale Power appointed James D. Canafax as Chief Legal Officer on October 20, 2025.
  • Canafax’s expertise is expected to aid NuScale’s SMR technology commercialization and industry leadership.
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NuScale Power Appoints New Chief Legal Officer

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NuScale Power ( (SMR) ) just unveiled an announcement.

On October 20, 2025, NuScale Power announced the appointment of James D. Canafax as Chief Legal Officer and Corporate Secretary. Canafax brings extensive legal expertise from the nuclear, energy, and manufacturing sectors, having previously held senior roles at Maritime Partners and BWX Technologies. His experience with regulatory bodies and strategic growth initiatives is expected to support NuScale’s efforts in commercializing its SMR technology and maintaining its leadership in the nuclear industry.

The most recent analyst rating on (SMR) stock is a Sell with a $34.00 price target. To see the full list of analyst forecasts on NuScale Power stock, see the SMR Stock Forecast page.

Spark’s Take on SMR Stock

According to Spark, TipRanks’ AI Analyst, SMR is a Neutral.

NuScale Power’s overall stock score reflects a company with strong revenue growth and strategic advancements in the SMR market, yet facing significant challenges with profitability and valuation. The financial performance struggles to maintain positive cash flows and earnings, impacting its attractiveness. Despite positive sentiment from the latest earnings call, the technical indicators and valuation concerns contribute to a cautious overall outlook.

To see Spark’s full report on SMR stock, click here.

More about NuScale Power

Founded in 2007, NuScale Power Corporation is a leading provider of advanced small modular reactor (SMR) nuclear technology. The company focuses on delivering safe, scalable, and reliable carbon-free energy through its proprietary NuScale Power Module™, a small, pressurized water reactor capable of generating up to 924 MWe. NuScale’s SMR technology is the first and only design certified by the U.S. Nuclear Regulatory Commission, positioning it to serve diverse global customers across various applications.

Average Trading Volume: 17,694,275

Technical Sentiment Signal: Buy

Current Market Cap: $12.61B

For a thorough assessment of SMR stock, go to TipRanks’ Stock Analysis page.

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