Roth Capital Upgrades Deep Fission (NASDAQ:FISN) to "Strong-Buy"

Key Points

• Roth Capital upgraded Deep Fission to “Strong Buy,” while analysts overall maintain a “Moderate Buy” consensus with an average price target of $18.20.
• Other recent ratings include three Buys, one Hold, and one Sell; price targets range from $17 to $25, compared with the stock’s Tuesday opening price of $8.12.
• Deep Fission reported a quarterly loss of $0.56 per share, and analysts expect a full-year loss of approximately $1.66 per share. Several institutional investors, including Blue Owl Capital, recently initiated positions.

Deep Fission (NASDAQ:FISN - Get Free Report) was upgraded by equities research analysts at Roth Capital to a "strong-buy" rating in a research note issued on Tuesday, Zacks reports.

Several other brokerages have also recently commented on FISN. Seaport Research Partners started coverage on shares of Deep Fission in a report on Tuesday, August 4th. They issued a "buy" rating and a $25.00 target price for the company. Wall Street Zen upgraded shares of Deep Fission from a "sell" rating to a "hold" rating in a report on Saturday, September 12th. Weiss Ratings began coverage on shares of Deep Fission in a research report on Monday, September 14th. They issued a "sell (e-)" rating for the company. Maxim Group began coverage on shares of Deep Fission in a research note on Monday, August 31st. They issued a "buy" rating and a $17.00 price objective for the company. Finally, Benchmark initiated coverage on shares of Deep Fission in a research report on Monday, July 13th. They set a "buy" rating and a $20.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $18.20.

Deep Fission Price Performance

Shares of NASDAQ FISN opened at $8.12 on Tuesday. Deep Fission has a 12 month low of $6.10 and a 12 month high of $19.00. The company's fifty day moving average is $8.41.

Deep Fission (NASDAQ:FISN - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported ($0.56) earnings per share for the quarter. On average, research analysts anticipate that Deep Fission will post -1.66 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Chapin Davis Inc. acquired a new position in Deep Fission in the 2nd quarter worth about $210,000. Elevation Wealth Management LLC bought a new stake in shares of Deep Fission in the 2nd quarter valued at approximately $3,294,000. Finally, Blue Owl Capital Holdings LP acquired a new position in Deep Fission in the second quarter worth approximately $14,720,000.

Deep Fission Company Profile

Deep Fission Inc develops and deploys small modular nuclear reactors placed deep underground to generate electricity. Deep Fission Inc is based in Berkeley, California.

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