Centrus Energy

LEU

Market cap $5.57B

The DOE's $2.7 billion push to build U.S. uranium enrichment capacity could fuel a nuclear revival - and make ETFs like URA compelling plays.

I'm upgrading Centrus Energy (LEU) to Buy, which is reflective of the improved valuation and strategic progress in HALEU enrichment. LEU's unique position as the only U.S. HALEU producer aligns with surging demand from next-generation nuclear reactors. A $900 million DOE grant and multi-billion dollar expansion in Piketon, Ohio, strengthen LEU's growth trajectory.

Centrus Energy is a tactical buy, reflecting its strategic role in the nuclear fuel supply chain despite high valuation and volatility. LEU's uranium enrichment capacity is a critical bottleneck for next-generation nuclear reactors, positioning it as a strategic asset amid AI-driven energy demand. Traditional valuation metrics are less relevant; the market is pricing in supply chain security and future optionality rather than near-term earnings.

Centrus' stock skyrocketed in 2025. It's growing again as the nuclear energy market recovers.

The nuclear energy sector experienced another massive breakout on Friday as Meta Platforms Inc. (NASDAQ: META) officially entered the atomic age.

Centrus Energy received a $900 million award from the Department of Energy. One analyst sees downside to Centrus Energy stock.

LEU, ERO and ELA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 7th, 2026.

ELA, IHS, LEU, CWEN and ACRE have been added to the Zacks Rank #1 (Strong Buy) List on January 7th, 2026.

Funding supports previously announced multi-billion dollar expansion at Centrus' enrichment facility in Ohio Expected to create thousands of American jobs as Centrus restores the country's ability to enrich uranium at large scale BETHESDA, Md., Jan. 6, 2026 /PRNewswire/ -- Centrus Energy (NYSE: LEU) announced today that it has been selected by the U.S. Department of Energy for a $900 million task order to expand its uranium enrichment facility in Piketon, Ohio, to include commercial-scale production of High-Assay, Low-Enriched Uranium (HALEU).

The nuclear energy sector is surging, fueled by a $2.7 billion funding injection from the U.S. Department of Energy, announced on Monday.