Standard Nuclear (NYSE:STDN) Downgraded by Wall Street Zen to Strong Sell

Key Points

• Wall Street Zen downgraded Standard Nuclear from “sell” to “strong sell.”
• Despite the downgrade, analysts overall rate the stock “Moderate Buy,” with nine Buy ratings and an average price target of $16.88.
• Standard Nuclear reported a quarterly loss of $0.10 per share, narrower than the $0.13 loss analysts expected; its contract backlog also doubled to $577.2 million.

Standard Nuclear (NYSE:STDN - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "sell" rating to a "strong sell" rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Other equities research analysts have also issued research reports about the stock. Stifel Nicolaus set a $17.00 price target on shares of Standard Nuclear in a report on Friday, August 28th. William Blair began coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They issued an "outperform" rating for the company. Barclays began coverage on shares of Standard Nuclear in a research report on Monday, August 10th. They set an "overweight" rating and a $17.00 price objective on the stock. Weiss Ratings upgraded shares of Standard Nuclear from a "sell (d)" rating to a "sell (d+)" rating in a research report on Monday. Finally, The Goldman Sachs Group assumed coverage on shares of Standard Nuclear in a research note on Monday, August 10th. They set a "buy" rating and a $18.00 target price on the stock. Nine research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $16.88.

Standard Nuclear Stock Performance

Shares of STDN opened at $10.53 on Friday. The business has a 50-day moving average of $12.53. Standard Nuclear has a 1-year low of $7.05 and a 1-year high of $17.34.

Standard Nuclear (NYSE:STDN - Get Free Report) last posted its quarterly earnings data on Thursday, November 12th. The company reported ($0.10) EPS for the quarter, beating analysts' consensus estimates of ($0.13) by $0.03. The firm had revenue of $2.25 million for the quarter. As a group, equities analysts forecast that Standard Nuclear will post -0.24 EPS for the current year.

Latest Standard Nuclear News

These are some of the STDN news items that stood out recently:

• Positive Sentiment: Q3 revenue reached $6.0 million, up 581% year over year and above FactSet’s $5.5 million estimate. The company reported a loss of $0.10 per share, narrower than the $0.13 loss analysts expected. Earnings Flash
• Positive Sentiment: Contract backlog doubled to $577.2 million, providing a larger base of potential future business. Standard Nuclear backlog doubles
• Positive Sentiment: Standard Nuclear is targeting DOE authorization in February 2027, a potential milestone for its business, though authorization has not yet been secured. DOE authorization target and backlog

Standard Nuclear Company Profile

Standard Nuclear is a U.S. advanced nuclear fuel company focused on producing tri-structural isotropic (TRISO) fuel. TRISO fuel uses uranium-bearing particles coated in layers of ceramic and carbon materials, and is designed for use in certain advanced reactor designs. The company acquired fuel-related assets from Ultra Safe Nuclear Corporation, including a manufacturing facility in Oak Ridge, Tennessee. Standard Nuclear is working to develop and scale domestic production of TRISO fuel for advanced reactor developers.

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