Deep Fission, Inc. (NASDAQ:FISN) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Deep Fission, Inc. (NASDAQ:FISN) have earned a consensus recommendation of “Moderate Buy” from the four ratings firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $18.25.

Several research analysts recently issued reports on FISN shares. Seaport Research Partners started coverage on shares of Deep Fission in a research note on Tuesday, August 4th. They issued a “buy” rating and a $25.00 price target for the company. Benchmark assumed coverage on Deep Fission in a research note on Monday, July 13th. They issued a “buy” rating and a $20.00 price target for the company. UBS Group set a $18.00 target price on Deep Fission in a research report on Wednesday, July 15th. Canaccord Genuity Group initiated coverage on shares of Deep Fission in a research note on Wednesday, July 15th. They set a “buy” rating and a $18.00 target price on the stock. Finally, Wall Street Zen cut Deep Fission from a “hold” rating to a “sell” rating in a report on Sunday, August 23rd.

Deep Fission Trading Up 4.3%

Shares of NASDAQ:FISN traded up $0.28 during midday trading on Monday, hitting $6.84. 62,337 shares of the stock traded hands, compared to its average volume of 283,591. The stock’s 50 day simple moving average is $9.61. Deep Fission has a one year low of $6.42 and a one year high of $19.00.

Deep Fission (NASDAQ:FISN) last announced its quarterly earnings data on Monday, August 3rd. The company reported ($0.56) EPS for the quarter. As a group, research analysts forecast that Deep Fission will post -1.66 EPS for the current fiscal year.

Institutional Trading of Deep Fission

Several hedge funds and other institutional investors have recently made changes to their positions in FISN. Blue Owl Capital Holdings LP acquired a new stake in shares of Deep Fission during the second quarter worth $14,720,000. Chapin Davis Inc. acquired a new stake in Deep Fission in the 2nd quarter valued at $210,000. Finally, Elevation Wealth Management LLC purchased a new stake in Deep Fission during the 2nd quarter worth approximately $3,294,000.

Deep Fission Company Profile

Deep Fission Inc develops and deploys small modular nuclear reactors placed deep underground to generate electricity. Deep Fission Inc is based in Berkeley, California.