Centrus Energy: Strategic Positioning and Growth Potential in the Nuclear Fuel Market

Centrus Energy (LEU) has received a new Buy rating, initiated by Evercore ISI analyst, Nicholas Amicucci.

Nicholas Amicucci has given his Buy rating due to a combination of factors that highlight Centrus Energy’s strategic position in the nuclear fuel market. Centrus Energy is uniquely positioned as the only public company globally addressing nuclear fuel enrichment and one of only two in the U.S. licensed to produce commercial Low-Enriched Uranium (LEU). Furthermore, it holds the exclusive NRC license for producing High Assay Low-Enriched Uranium (HALEU), a critical component for next-generation nuclear reactors, which positions it advantageously to meet the growing demand for nuclear fuel.
Amicucci also points out that Centrus Energy’s Technical Solutions segment is expected to become a more significant part of its business, especially with existing customers among SMR manufacturers selected by the DOE. The company’s competitive edge is strengthened by high barriers to entry in the enrichment industry and long-term utility contracts extending through 2040. As the nuclear renaissance progresses in the U.S., Centrus is well-placed to capitalize on the preference for domestically enriched HALEU, making it a compelling investment for those seeking exposure to the nuclear sector.

In another report released on May 8, H.C. Wainwright also maintained a Buy rating on the stock with a $300.00 price target.