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Forget margin or options. Here's how the pros trade LEUCentrus Energy ( (LEU) ) has shared an update.
On February 9, 2026, Centrus subsidiary American Centrifuge Operating entered an engineering, procurement and construction agreement with Fluor Federal Services to design, build and commission a commercial uranium enrichment facility expansion in Piketon, Ohio. The time-and-materials contract, which includes standard project protections such as warranties, indemnities, liability limits and staged funding with defined termination fees in the first year, forms a central element of Centrus’ previously announced multi‑billion‑dollar investment to scale its enrichment operations.
Announced publicly on February 11, 2026, the Fluor partnership marks a major step as Centrus moves from pilot operations to large‑scale deployment, with Fluor overseeing multi‑year engineering, supply chain management, construction and commissioning of new capacity at Piketon. The project is intended to support large‑scale low‑enriched uranium output to serve a $2.3 billion commercial backlog and growing reactor demand, complement planned 12‑metric‑ton HALEU capacity and a recently awarded $900 million U.S. Department of Energy task order, and strengthen Centrus’ role as the only production‑ready option for certain national security enrichment missions while bringing investment and jobs to Ohio and Tennessee.
The most recent analyst rating on (LEU) stock is a Hold with a $245.00 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.
The score is driven primarily by strong underlying profitability/cash-flow metrics and constructive technical trend/momentum. It is moderated by premium valuation (high P/E with no dividend yield) and mixed near-term earnings results despite positive long-term demand, backlog, and strategic funding/expansion progress.
To see Spark’s full report on LEU stock, click here.
More about Centrus Energy
Centrus Energy is a U.S.-based supplier of nuclear fuel and related services to the nuclear power industry, focused on providing low-enriched uranium for existing reactors and pioneering production of high-assay, low-enriched uranium for next-generation designs. Since 1998, the company has delivered fuel covering more than 1,850 reactor years, positioning itself as a key player in clean, carbon-free energy and in restoring domestic uranium enrichment capabilities for both energy and national security needs.
Average Trading Volume: 1,095,393
Technical Sentiment Signal: Buy
Current Market Cap: $4.8B
See more data about LEU stock on TipRanks’ Stock Analysis page.