Deep Fission, Inc. (NASDAQ:FISN) Stock Has Consensus Price Target of $18.20

Shares of Deep Fission, Inc. (NASDAQ:FISN) have been assigned a consensus rating of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $18.20.

A number of equities research analysts have recently weighed in on FISN shares. Roth Capital initiated coverage on Deep Fission in a research note on Tuesday. They set a “buy” rating and a $18.00 price target on the stock. UBS Group set a $18.00 price objective on shares of Deep Fission in a research report on Wednesday, July 15th. Zacks Research upgraded shares of Deep Fission to a “hold” rating in a research note on Wednesday, August 5th. Canaccord Genuity Group started coverage on shares of Deep Fission in a research report on Wednesday, July 15th. They set a “buy” rating and a $18.00 target price on the stock. Finally, Benchmark began coverage on shares of Deep Fission in a research note on Monday, July 13th. They set a “buy” rating and a $20.00 price target on the stock.

Hedge Funds Weigh In On Deep Fission

Several hedge funds have recently made changes to their positions in FISN. Blue Owl Capital Holdings LP purchased a new position in Deep Fission in the 2nd quarter worth $14,720,000. Elevation Wealth Management LLC acquired a new position in shares of Deep Fission in the second quarter valued at about $3,294,000. Finally, Chapin Davis Inc. acquired a new position in shares of Deep Fission in the second quarter valued at about $210,000.

Deep Fission Stock Down 8.1%

FISN traded down $0.56 during trading on Friday, hitting $6.39. The stock had a trading volume of 189,886 shares, compared to its average volume of 305,047. Deep Fission has a twelve month low of $6.10 and a twelve month high of $19.00. The business’s 50 day simple moving average is $8.26.

Deep Fission (NASDAQ:FISN) last announced its earnings results on Monday, August 3rd. The company reported ($0.56) earnings per share (EPS) for the quarter. On average, sell-side analysts expect that Deep Fission will post -2.04 EPS for the current year.

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.