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Centrus Energy (LEU) Surges 8.8%: Is This an Indication of Further Gains?

Zacks Investment Research·
Centrus Energy (LEU) Surges 8.8%: Is This an Indication of Further Gains?

Centrus Energy shares surged 8.8% to $153.88 following a definitive multi-year contract to supply High-Assay Low-Enriched Uranium (HALEU) to Antares Nuclear. The rally was supported by broader industry sentiment strengthened by Google-Constellation Energy's nuclear capacity agreement and Vistra's $4.2 billion DOE loan commitment. However, earnings estimate revisions have remained flat over 30 days, which may limit further upside momentum.

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