CENTRUS ENERGY

Centrus Energy has signed a multi‑year contract to supply HALEU to Radiant; the fuel is intended for the Kaleidos microreactors. Centrus is to begin deliveries before the end of the decade, and Radiant is making advance payments to build domestic enrichment capacity. The fuel will be produced using U.S. technology and a domestic supply chain and is also qualified for national security applications. Centrus points to its ready‑to‑deploy AC100 centrifuge design as the only available U.S. technology for enrichment. » More on de.investing.com

Stifel has confirmed its buy recommendation for Centrus Energy but reduced the 12-month price target from $246 to $216, citing the budget outlook from the US Department of Energy as a risk. The stock rose intraday by about 6% from roughly $177 to $204.98. Stifel bases its positive view on strong Q2 results (revenue $176.1m, +14% y/y), a commercial order backlog of roughly $4.5bn and the removal of financing contingencies totaling more than $3bn. Barclays and UBS have also recently signaled mostly neutral to positive analyst commentary. » More on de.investing.com

Centrus Energy could receive a strategic growth boost as the US military becomes a potential customer for the company’s enriched uranium. CEO Amir Vexler expects a corresponding contract with the US government to be concluded as early as 2026, after the Energy Department signaled its intent to award the work. A government contract would give Centrus access to a multi‑billion‑dollar market. » More on finanzen.net