# NuScale Stock Hits Lowest Since May 2024

> NuScale Power stock drops 89% from record high, trading near cash value with $1.9 billion in assets.
- Title: NuScale Stock Hits Lowest Since May 2024 · The Motley Fool
- Summary: NuScale Power stock drops 89% from record high, trading near cash value with $1.9 billion in assets. NuScale Power stock closed at $5.69, its lowest since…
- Keywords: nuscale, nu-scale, seahawks, seattle, nfl, stock, stock market, cash, revenue, losses, share sales, power purchase agreement
- Source: The Motley Fool — https://fool.com/investing/2026/10/20/nuscale-stock-closed-at-its-lowest-level-since-may-2024-is-it-finally-a-buy
- Author: Daniel Sparks
- Published: 2026-10-20T17:04:01+00:00
- Read time: 1 min
- Topics: nuscale, nu-scale, seahawks, seattle, nfl, stock, stock market, cash, revenue, losses, share sales, power purchase agreement
## NuScale stock drops 89% from record high
NuScale Power shares closed at $5.69, down 89% from $53.43 on Oct. 15, 2025.
## Stock price lowest since May 2024
NuScale stock closed at its lowest level since May 2024, down 60% for 2026.
## Most of stock price is cash
As of June 30, 2026, NuScale has $1.9 billion in cash, cash equivalents, and investments.
## Cash per share at $4.41
Divided by 430 million shares, cash equals $4.41 per share, 78% of Monday's closing price.
## NuScale keeps selling new shares
NuScale sold 89.7 million new shares at $11.14 average price in first half of 2026.
## Cash used for operations
NuScale used $55 million cash in Q1 2026, with $259.9 million payment to ENTRA1 Energy.
## Operating losses rise
NuScale's operating loss was $64 million in Q2 2026, up 49% from Q2 2025.
## Power purchase agreement triggers payment
NuScale's power purchase agreement with ENTRA1 triggers 35% payment after milestone.
## Key takeaway

NuScale Power stock closed at $5.69, its lowest since May 2024, with $1.9 billion in cash but rising losses and share sales.