Execution RiskNuScale’s only active project has been pushed to a late-2026 FID and early-2030s operations, leaving limited near-term visibility.
Project RisksThe capital outlay for ENTRA1's development is a risk for NuScale, given that if the projects stall, there might not be recovery.
Valuation ConcernsNuScale's valuation already prices in significant future success, but the company faces higher execution risk and a more distant cash flow profile.