Centrus Energy Corp. Stock 12‑Month Price Target Cut to $226.29, Implies 105% Upside

Texas Capital Securities initiated Centrus Energy (NYSE:LEU) with a Buy rating and $151 price target. The stock is near its 52-week low at $98.44, down 72% over a year. The firm highlights Centrus' unique position in U.S. nuclear enrichment, strong backlog, and solid balance sheet. Recent developments include an acquisition and mixed analyst ratings. Centrus announced a stock offering with uncertain terms.

Salesforce (CRM) to acquire Braze (BRZE) for $5.66B, Tradeweb (TW) to buy Trumid for $1.97B, and Centrus (LEU) completed Westerman acquisition for $116M. Deals span software, fintech, and energy sectors. CRM to pay $47.50 per BRZE share, funded by cash. TW's deal includes $1.75B for business and $220M for tax assets. LEU's acquisition is expected to be accretive to earnings. Retail sentiment: CRM/BRZE neutral, LEU bullish.

Centrus Energy (LEU) raised $500M in a September offering, signed uranium fuel deals with Antares and Radiant, and received a $206 price target from Needham, maintaining a Buy rating.

Centrus Energy Corp. raised $99.82 million in a September secondary offering. The Bethesda-based nuclear fuel supplier employs over 460 people and supports U.S. energy supply chain goals. This follows X-energy's $1B April IPO, another Montgomery County clean energy firm.

Needham kept a Buy rating on Centrus Energy with a $206 price target, suggesting 87.1% upside from the Oct 19 close. The firm cites the company's strong market position in nuclear fuel, robust funding, and growth prospects in LEU and HALEU markets.

Centrus Energy (NYSE:LEU) acquired Westerman Holdings for $116M, expanding manufacturing capacity. The deal, financed with $95M cash and $21M equity, is expected to boost earnings per share in the first year. Westerman supplies centrifuge components for Centrus's uranium enrichment operations.