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Forget margin or options. Here's how the pros trade LEUCentrus Energy ( (LEU) ) has issued an update.
On April 16, 2026, Centrus subsidiary American Centrifuge Operating signed a construction contract with Ohio-based Geiger Brothers to serve as primary construction contractor for the multi-billion-dollar expansion of its uranium enrichment plant in Piketon, Ohio. The deal, capped at $900 million and running through January 30, 2031, uses a time-and-materials structure and covers facility refurbishment, equipment installation, new infrastructure, and potential procurement services, with customary provisions on warranties, change orders, indemnities, termination, bonding, insurance, and safety compliance.
Geiger Brothers, a long-standing regional industrial builder that has previously worked on Centrus’ HALEU and LEU demonstration cascades, will handle on-the-ground construction while Fluor Corporation continues as the project’s EPC lead for engineering, design, project management, and key procurements. By pairing Fluor’s global EPC capabilities with Geiger’s local construction expertise and Ohio workforce, Centrus aims to accelerate deployment of thousands of additional AC100M centrifuges, mitigate some project costs, and strengthen its position as the only company with deployment-ready technology to supply both commercial LEU and urgently needed HALEU for U.S. energy and national security demands.
The most recent analyst rating on (LEU) stock is a Buy with a $285.00 price target. To see the full list of analyst forecasts on Centrus Energy stock, see the LEU Stock Forecast page.
Spark’s Take on LEU Stock
According to Spark, TipRanks’ AI Analyst, LEU is a Neutral.
The score is held back primarily by middling financial quality (margin compression, higher leverage, and weak/volatile cash conversion) and an expensive valuation (P/E ~66 with no dividend yield provided). These are partly offset by a strong earnings-call backdrop featuring substantial backlog, significant DOE HALEU funding potential, and strong liquidity, though near-term momentum indicators are mixed-to-soft.
To see Spark’s full report on LEU stock, click here.
More about Centrus Energy
Centrus Energy Corp. is a U.S.-based supplier of nuclear fuel and related services to the nuclear power industry, focused on providing clean, carbon-free energy solutions to utility customers worldwide. The company is pioneering production of Low-Enriched Uranium (LEU) and High-Assay, Low-Enriched Uranium (HALEU), and is working to restore large-scale domestic uranium enrichment capacity to support commercial, energy security, and national security needs.
Since 1998, Centrus has supplied more than 1,850 reactor years of fuel, equivalent to over 7 billion tons of coal, underscoring its entrenched role in the global nuclear fuel market. Leveraging its AC100M centrifuge technology and manufacturing base in Oak Ridge, Tennessee, the company is pursuing a multi-billion-dollar expansion of enrichment capacity at its American Centrifuge Plant in Piketon, Ohio, underpinned by a $2.3 billion commercial LEU backlog and plans for at least 12 metric tons per year of HALEU output.
Average Trading Volume: 1,013,529
Technical Sentiment Signal: Hold
Current Market Cap: $3.89B
For a thorough assessment of LEU stock, go to TipRanks’ Stock Analysis page.