Deep Fission (NASDAQ:FISN) Upgraded to “Strong-Buy” at Roth Capital

Roth Capital upgraded shares of Deep Fission (NASDAQ:FISN) to a strong-buy rating in a research report report published on Tuesday morning,Zacks reports.

FISN has been the topic of several other research reports. Seaport Research Partners initiated coverage on Deep Fission in a research note on Tuesday, August 4th. They issued a “buy” rating and a $25.00 price objective on the stock. Benchmark started coverage on Deep Fission in a research report on Monday, July 13th. They set a “buy” rating and a $20.00 target price for the company. Maxim Group started coverage on Deep Fission in a report on Monday, August 31st. They issued a “buy” rating and a $17.00 target price for the company. Wall Street Zen raised Deep Fission from a “sell” rating to a “hold” rating in a research report on Saturday, September 12th. Finally, Canaccord Genuity Group started coverage on Deep Fission in a research note on Wednesday, July 15th. They set a “buy” rating and a $18.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $18.20.

Deep Fission Price Performance

Deep Fission stock opened at $8.12 on Tuesday. The firm has a 50-day moving average of $8.41. Deep Fission has a 1 year low of $6.10 and a 1 year high of $19.00.

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

Institutional Investors Weigh In On Deep Fission

Several institutional investors have recently added to or reduced their stakes in FISN. Chapin Davis Inc. acquired a new position in shares of Deep Fission during the second quarter valued at about $210,000. Elevation Wealth Management LLC acquired a new stake in Deep Fission in the 2nd quarter worth approximately $3,294,000. Finally, Blue Owl Capital Holdings LP acquired a new stake in Deep Fission in the 2nd quarter worth approximately $14,720,000.

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.