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Centrus Energy Extends HALEU Contract with DOE

Story Highlights
  • Centrus Energy extended its HALEU production contract with the U.S. Department of Energy.
  • The extension supports U.S. uranium enrichment capabilities and advanced reactor development.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Centrus Energy Extends HALEU Contract with DOE

Don’t Miss TipRanks’ Half-Year Sale

Centrus Energy ( (LEU) ) has issued an update.

On June 17, 2025, Centrus Energy announced an amendment to its contract with the U.S. Department of Energy, which extends the production of High-Assay, Low-Enriched Uranium (HALEU) through June 30, 2026, with an option for further extensions. This extension, valued at approximately $110 million, allows Centrus to continue its partnership with the Department, enhancing America’s uranium enrichment capabilities and supporting the development of HALEU-fueled advanced reactors, which are crucial for national energy and security priorities.

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 Outperform.

Centrus Energy’s strong financial performance and positive earnings call sentiment are key strengths, reflecting robust revenue growth and strategic initiatives. However, technical indicators suggest caution due to potential overbought conditions, and valuation appears moderate without dividend yield support. The company’s reliance on external shipments presents a risk that needs monitoring.

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

More about Centrus Energy

Centrus Energy is a prominent American supplier of nuclear fuel and services, focusing on the nuclear power industry to support the growing demand for clean, affordable, carbon-free energy. Since 1998, Centrus has provided its utility customers with extensive reactor fuel, equivalent to over 7 billion tons of coal, and is leading efforts to restore the U.S.’s uranium enrichment capabilities to meet energy and national security needs.

Average Trading Volume: 951,556

Technical Sentiment Signal: Buy

Current Market Cap: $3.08B

Learn more about LEU stock on TipRanks’ Stock Analysis page.

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