Centrus Energy (NYSE:LEU) Price Target Cut to $262.00 by Analysts at Needham & Company LLC

Centrus Energy (NYSE:LEU) had its price target lowered by Needham & Company LLC from $264.00 to $262.00 in a report published on Friday morning,Benzinga reports. Needham & Company LLC currently has a buy rating on the stock.

A number of other equities research analysts also recently weighed in on the stock. Citigroup decreased their price target on shares of Centrus Energy from $224.00 to $218.00 and set a “neutral” rating on the stock in a research note on Friday, May 8th. UBS Group reduced their price objective on Centrus Energy from $195.00 to $170.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 16th. Truist Financial began coverage on Centrus Energy in a report on Monday, July 13th. They set a “buy” rating and a $215.00 price objective on the stock. Zacks Research raised shares of Centrus Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. Finally, JPMorgan Chase & Co. decreased their target price on Centrus Energy from $236.00 to $178.00 and set a “neutral” rating for the company in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $246.17.

Centrus Energy Price Performance

Shares of NYSE:LEU opened at $190.85 on Friday. The company has a quick ratio of 4.88, a current ratio of 5.39 and a debt-to-equity ratio of 1.39. The business has a 50 day moving average price of $170.92 and a 200 day moving average price of $198.37. The company has a market cap of $3.75 billion, a price-to-earnings ratio of 86.75, a PEG ratio of 23.09 and a beta of 1.36. Centrus Energy has a twelve month low of $142.13 and a twelve month high of $464.25.

Centrus Energy (NYSE:LEU) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.77 earnings per share for the quarter, beating the consensus estimate of $0.74 by $1.03. Centrus Energy had a return on equity of 7.06% and a net margin of 10.23%.The company had revenue of $176.10 million during the quarter. During the same period in the prior year, the company posted $1.59 earnings per share. The firm’s revenue was up 14.0% compared to the same quarter last year. Research analysts predict that Centrus Energy will post 2.58 earnings per share for the current year.

Insider Activity

In other news, CFO Todd M. Tinelli sold 306 shares of Centrus Energy stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $203.55, for a total value of $62,286.30. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.72% of the stock is owned by company insiders.

Institutional Investors Weigh In On Centrus Energy

Institutional investors and hedge funds have recently made changes to their positions in the stock. Comerica Bank increased its holdings in Centrus Energy by 589.5% during the first quarter. Comerica Bank now owns 655 shares of the company’s stock worth $41,000 after buying an additional 560 shares during the last quarter. Royal Bank of Canada lifted its position in Centrus Energy by 57.6% during the first quarter. Royal Bank of Canada now owns 17,266 shares of the company’s stock worth $1,074,000 after acquiring an additional 6,312 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Centrus Energy by 45.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 54,315 shares of the company’s stock valued at $3,379,000 after purchasing an additional 17,014 shares during the last quarter. Creative Planning acquired a new position in Centrus Energy in the 2nd quarter valued at $435,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Centrus Energy by 12.1% in the second quarter. JPMorgan Chase & Co. now owns 8,497 shares of the company’s stock valued at $1,556,000 after acquiring an additional 917 shares in the last quarter. Institutional investors own 49.96% of the company’s stock.

Key Centrus Energy News

Here are the key news stories impacting Centrus Energy this week:

• Positive Sentiment: Major X-energy supply agreement: Centrus signed a definitive contract to provide low-enriched uranium (LEU) and high-assay, low-enriched uranium (HALEU) for X-energy’s Xe-100 small modular reactors and TRISO-X fuel. The agreement is expected to include customer prepayments and supports the commercialization of domestic enrichment. Centrus Energy Signs LEU and HALEU Supply Agreement with X-energy
• Positive Sentiment: Backlog and government support strengthen visibility: On its second-quarter call, Centrus highlighted a reported $4.5 billion backlog, including a $3.0 billion contingent LEU and HALEU enrichment backlog, alongside $900 million in U.S. Department of Energy funding. Management also cited tightening enrichment demand and a planned 2029 production build-out. LEU Q2 Earnings Call Highlights Backlog and 2029 Build-Out
• Positive Sentiment: Quarterly earnings beat estimates: Second-quarter EPS was $1.77 versus the $0.74 consensus, while revenue rose 14% year over year to $176.1 million. Adjusted net income increased to $38.7 million from $34.5 million, and Centrus selected a contractor for its enrichment plant expansion. Centrus Reports Second Quarter 2026 Results
• Neutral Sentiment: Expansion execution remains important: Centrus expects to complete its first new centrifuge in Oak Ridge by year-end 2026 and is increasing hiring guidance for its Piketon, Ohio operations. These milestones support long-term capacity growth but require substantial execution and investment. Centrus Energy Q2 2026 Earnings Call Transcript
• Negative Sentiment: Profitability concerns remain: GAAP net income fell to $16.8 million from $28.9 million despite the revenue increase, as higher administrative and technology costs compressed margins. LEU’s Q2 Earnings Beat, Revenues up Year over Year on Strong Uranium Sales
• Negative Sentiment: Analyst views are mixed: JPMorgan raised its price target modestly to $180 while maintaining a neutral rating, below the current trading level. Needham also trimmed its target to $262 but retained a buy rating, indicating continued disagreement over valuation and execution.

About Centrus Energy

Centrus Energy Corp is a U.S.-based supplier of nuclear fuel and enrichment services, specializing in the production of low-enriched uranium (LEU) for commercial power reactors and highly enriched uranium for naval propulsion. Through its Centrus Global subsidiary, the company provides technical support, fuel fabrication services and recycled uranium products to utilities operating light-water reactors. Centrus also develops advanced centrifuge technologies aimed at improving enrichment efficiency and reducing the cost of nuclear fuel.

Originally founded as the United States Enrichment Corporation (USEC) in 1998 following a spin-out from the U.S.