Centrus Energy Announces $700M Convertible Notes Offering

An announcement from Centrus Energy ( (LEU) ) is now available.

On August 13, 2025, Centrus Energy Corp. announced the pricing of its upsized private offering of $700 million in zero-coupon convertible senior notes due 2032, aimed at qualified institutional buyers. This strategic financial move, which increased from an initial $650 million, is anticipated to raise approximately $680 million in net proceeds, intended for general corporate purposes, potentially strengthening Centrus’ market position and financial flexibility.

The most recent analyst rating on (LEU) stock is a Hold with a $62.00 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.

Centrus Energy’s overall stock score reflects strong earnings call performance and strategic corporate events, which are offset by technical indicators suggesting bearish momentum and a valuation that appears moderately overvalued. The company’s financial performance shows robust profitability and cash flow but is challenged by declining revenue growth and high leverage.

To see Spark’s full report on LEU stock, click here.

More about Centrus Energy

Centrus Energy is a trusted American supplier of nuclear fuel and services for the nuclear power industry, focusing on clean, affordable, carbon-free energy. The company has been a key player in providing nuclear fuel since 1998, with significant technical and engineering capabilities, and is leading efforts to restore America’s uranium enrichment capabilities.

Average Trading Volume: 1,401,821

Technical Sentiment Signal: Buy

Current Market Cap: $3.96B

Find detailed analytics on LEU stock on TipRanks’ Stock Analysis page.