Wall Street Zen Upgrades Deep Fission (NASDAQ:FISN) to Hold

Deep Fission (NASDAQ:FISN) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday, Wall Street Zen reports.

FISN has been the subject of several other reports. Maxim Group initiated 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. Seaport Research Partners initiated coverage on Deep Fission in a report on Tuesday, August 4th. They set a “buy” rating and a $25.00 price target on the stock. Benchmark assumed coverage on shares of Deep Fission in a research report on Monday, July 13th. They issued a “buy” rating and a $20.00 price target on the stock. UBS Group set a $18.00 price objective on shares of Deep Fission in a research note on Wednesday, July 15th. Finally, Zacks Research raised shares of Deep Fission to a “hold” rating in a report on Wednesday, August 5th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Deep Fission has a consensus rating of “Moderate Buy” and a consensus target price of $18.25.

Deep Fission Price Performance

Shares of NASDAQ:FISN opened at $7.16 on Friday. Deep Fission has a fifty-two week low of $6.10 and a fifty-two week high of $19.00. The business has a 50-day moving average of $8.83.

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Chapin Davis Inc. bought a new stake in shares of Deep Fission in the second quarter valued at approximately $210,000. Elevation Wealth Management LLC bought a new position in Deep Fission during the second quarter worth $3,294,000. Finally, Blue Owl Capital Holdings LP acquired a new position in Deep Fission during the 2nd quarter valued at $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.