Core Viewpoint - Centrus Energy Corp. (NYSE:LEU) is recognized as a strong performer in the energy sector, with a significant price target increase from B. Riley analyst Ryan Pfingst, indicating a potential upside of nearly 24% from its current share price [1]. Group 1: Company Performance - Centrus Energy has experienced a decline of over 40% since reaching a 13-year high in October, yet it has outperformed its peers in the nuclear energy sector [2]. - The company announced the commencement of domestic centrifuge manufacturing to support its commercial Low-Enriched Uranium (LEU) enrichment activities at its Piketon, Ohio facility, which is a strategic move aligned with federal efforts to boost domestic uranium production [2][3]. Group 2: Government Support and Funding - The strategic move to enhance domestic production is expected to position Centrus to receive significant funding from the Department of Energy (DOE), leveraging its proven American-made technology [3]. - Centrus anticipates imminent DOE funding, estimating the value of contracts at approximately $900 million per task order, with separate orders for both LEU and High-Assay Low-Enriched Uranium (HALEU) production [4].
Centrus Energy (LEU) – Among the Best Performing Energy Stocks in 2025