Deep Fission, Inc. (FISN) - What Are Analysts Thinking About This Stock?

Key Points

• Analyst sentiment is “Moderate Buy”: Four of six covering firms rate FISN a buy, while one rates it hold and one sell; the average 12-month price target is $17.20.
• Recent ratings are mixed: Roth Capital and Seaport Research Partners initiated buy ratings with $18 and $25 targets, while Maxim lowered its target to $12 but maintained a buy rating; other firms issued sell or strong-sell ratings.
• FISN shares recently traded at $2.06, down 1% for the session, and the company reported a quarterly loss of $0.36 per share.

Shares of Deep Fission, Inc. (NASDAQ:FISN - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the six research firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $17.20.

FISN has been the topic of several recent research reports. Roth Capital assumed coverage on shares of Deep Fission in a report on Tuesday, September 22nd. They set a "buy" rating and a $18.00 target price on the stock. Seaport Research Partners assumed coverage on shares of Deep Fission in a research report on Tuesday, August 4th. They issued a "buy" rating and a $25.00 price target for the company. Maxim Group dropped their price objective on shares of Deep Fission to $12.00 and set a "buy" rating on the stock in a research note on Friday, October 23rd. Weiss Ratings assumed coverage on shares of Deep Fission in a report on Monday, September 14th. They set a "sell (e-)" rating on the stock. Finally, Wall Street Zen downgraded shares of Deep Fission from a "sell" rating to a "strong sell" rating in a research note on Saturday, October 17th.

Institutional Trading of Deep Fission

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

Deep Fission Stock Down 1.0%

Shares of FISN stock traded down $0.02 during mid-day trading on Friday, hitting $2.06. The stock had a trading volume of 256,963 shares, compared to its average volume of 1,053,606. Deep Fission has a 12-month low of $1.44 and a 12-month high of $19.00. The firm has a market capitalization of $121.35 million and a price-to-earnings ratio of -2.24. The stock has a 50-day moving average of $4.61.

Deep Fission (NASDAQ:FISN - Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The company reported ($0.36) earnings per share (EPS) for the quarter. Sell-side analysts predict that Deep Fission will post -2.02 earnings per share for the current fiscal year.

Deep Fission Company Profile

Deep Fission, Inc. is an advanced nuclear energy company developing small modular reactors designed for installation in deep vertical boreholes. Its approach places the reactor system underground while delivering electricity to facilities at the surface. The company’s design uses pressurized-water reactor technology, with the goal of combining established reactor principles with a below-ground configuration. Deep Fission is developing the technology for potential use in power generation, including for utilities and energy-intensive customers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.