Centrus Energy (NYSE:LEU) Shares Up 10.2% on Analyst Upgrade

Key Points

• Centrus Energy shares rose 10.2% after Roth Capital upgraded the stock from neutral to buy and set a $115 price target.
• Analyst sentiment is broadly positive: MarketBeat reports a “Moderate Buy” consensus and an average price target of $193.12, though several firms have recently lowered their targets.
• Recent results were weak, with quarterly revenue down 25.9% to $55.5 million and adjusted net loss of $9.4 million. The company cited a $5.4 billion contingent LEU and HALEU backlog, while planning $350 million–$500 million in 2026 capital spending.

Shares of Centrus Energy Corp. (NYSE:LEU - Get Free Report) traded up 10.2% during mid-day trading on Friday after Roth Capital upgraded the stock from a neutral rating to a buy rating. Roth Capital now has a $115.00 price target on the stock. Centrus Energy traded as high as $101.29 and last traded at $98.1330. 278,413 shares changed hands during trading, a decline of 69% from the average daily volume of 904,068 shares. The stock had previously closed at $89.03.

A number of other equities analysts have also commented on the company. Stifel Nicolaus lowered their price objective on Centrus Energy from $246.00 to $216.00 and set a "buy" rating on the stock in a research note on Tuesday, August 25th. Seaport Research Partners upgraded shares of Centrus Energy to an "overweight" rating in a research report on Friday. Truist Financial reduced their price target on Centrus Energy from $215.00 to $178.00 and set a "buy" rating on the stock in a report on Thursday, October 22nd. B. Riley Financial cut their target price on shares of Centrus Energy from $295.00 to $188.00 and set a "buy" rating on the stock in a research report on Wednesday, October 28th. Finally, TD Cowen assumed coverage on shares of Centrus Energy in a report on Monday, October 26th. They set a "hold" rating and a $120.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Centrus Energy has a consensus rating of "Moderate Buy" and a consensus target price of $193.12.

Key Centrus Energy News

Here are the key news stories impacting Centrus Energy this week:

• Positive Sentiment: Roth Capital upgraded Centrus from “neutral” to “buy” and set a $115 price target. Roth Capital rating update
• Positive Sentiment: Centrus said its contingent LEU and HALEU backlog reached $5.4 billion. It also completed and began shipping centrifuges from Oak Ridge ahead of its year-end target, while outlining 2026 revenue of $450 million–$500 million. These milestones support its expansion and future business prospects. Centrus expansion and outlook
• Neutral Sentiment: Bank of America Securities reiterated its “hold” rating, offering no change in its stance on the shares. Bank of America rating update
• Negative Sentiment: Quarterly revenue fell 25.9% year over year to $55.5 million, and the company reported an adjusted net loss of $9.4 million. Although GAAP net income was $31.6 million, it was boosted by a warrant-related gain; the reported per-share results also missed the consensus estimate cited in the earnings coverage. This points to weaker operating performance than the headline GAAP profit suggests. Centrus third-quarter results
• Negative Sentiment: The company expects to spend $350 million–$500 million on capital projects in 2026. That investment may advance capacity, but it also raises near-term execution and funding concerns. Centrus capital-spending outlook

Institutional Trading of Centrus Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of LEU. Western Wealth Management LLC bought a new position in Centrus Energy during the 1st quarter valued at $31,000. Leonteq Securities AG purchased a new position in Centrus Energy during the 1st quarter worth $35,000. Salomon & Ludwin LLC purchased a new position in Centrus Energy during the 3rd quarter worth $28,000. IFP Advisors Inc grew its position in Centrus Energy by 172.4% during the second quarter. IFP Advisors Inc now owns 237 shares of the company's stock valued at $40,000 after buying an additional 150 shares during the period. Finally, Vestor Capital LLC purchased a new stake in Centrus Energy during the first quarter worth about $55,000. Institutional investors own 49.96% of the company's stock.

Centrus Energy Price Performance

The company has a current ratio of 5.39, a quick ratio of 4.52 and a debt-to-equity ratio of 1.39. The business's fifty day moving average is $137.84 and its 200 day moving average is $182.13. The company has a market cap of $1.96 billion, a P/E ratio of 28.84, a PEG ratio of 8.87 and a beta of 1.40.

Centrus Energy (NYSE:LEU - Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The company reported ($0.46) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.33). The firm had revenue of $55.50 million for the quarter. Centrus Energy had a return on equity of 9.58% and a net margin of 16.77%. The business's revenue for the quarter was down 25.9% compared to the same quarter last year. During the same period last year, the firm earned $0.19 EPS. As a group, sell-side analysts anticipate that Centrus Energy Corp. will post 3.49 EPS for the current year.

About Centrus Energy

Centrus Energy Corp. NYSE: LEU is a U.S.-based supplier of nuclear fuel and related services. The company provides enriched uranium products, including low-enriched uranium used to fuel commercial nuclear reactors, as well as uranium and fuel-management services for utilities and other customers in the nuclear energy industry.

Centrus is also developing high-assay low-enriched uranium (HALEU), an advanced fuel intended for certain next-generation and small modular reactors. Its American Centrifuge technology is being developed to support domestic uranium enrichment and reduce reliance on foreign fuel-supply chains.

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