Deep Fission, Inc. (NASDAQ:FISN) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Deep Fission has a “Moderate Buy” consensus rating from four analysts, with three buys and one hold. The average 12-month price target is $18.25, well above the stock’s recent price of $6.84.
• Analyst views vary, with price targets ranging from $18.00 to $25.00; ratings include buy, hold, and a recent sell downgrade from Wall Street Zen.
• Institutional interest increased in the second quarter, including a new $14.72 million position from Blue Owl Capital. Deep Fission reported a quarterly loss of $0.56 per share, and analysts expect a full-year loss of $1.66 per share.

Deep Fission, Inc. (NASDAQ:FISN - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the four brokerages that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $18.25.

A number of research analysts have recently commented on the stock. UBS Group set a $18.00 price objective on shares of Deep Fission in a research note on Wednesday, July 15th. Benchmark initiated coverage on shares of Deep Fission in a research note on Monday, July 13th. They set a "buy" rating and a $20.00 price objective on the stock. Wall Street Zen cut shares of Deep Fission from a "hold" rating to a "sell" rating in a research report on Sunday, August 23rd. Zacks Research upgraded shares of Deep Fission to a "hold" rating in a research note on Wednesday, August 5th. Finally, Seaport Research Partners began coverage on Deep Fission in a research note on Tuesday, August 4th. They issued a "buy" rating and a $25.00 price objective on the stock.

Hedge Funds Weigh In On Deep Fission

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FISN. Blue Owl Capital Holdings LP acquired a new stake in Deep Fission during the second quarter worth about $14,720,000. Elevation Wealth Management LLC bought a new stake in Deep Fission during the 2nd quarter valued at $3,294,000. Finally, Chapin Davis Inc. bought a new position in Deep Fission during the 2nd quarter valued at $210,000.

Deep Fission Stock Performance

NASDAQ:FISN traded up $0.28 during trading hours on Monday, reaching $6.84. 62,337 shares of the company were exchanged, compared to its average volume of 283,591. The stock has a 50-day moving average of $9.61. Deep Fission has a twelve month low of $6.42 and a twelve month high of $19.00.

Deep Fission (NASDAQ:FISN - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The company reported ($0.56) earnings per share for the quarter. Research analysts forecast that Deep Fission will post -1.66 earnings per share for the current year.

About Deep Fission

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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