Centrus Energy Corp. (LEU) Plans $560M Oak Ridge Expansion for Uranium Enrichment, William Blair Reaffirms Outperform Rating

Centrus Energy Corp. (NYSE:LEU) ranks among the most shorted stocks to buy according to analysts. On February 11, William Blair reaffirmed an Outperform rating on Centrus Energy Corp. (NYSE:LEU), retaining a favorable outlook on the company amid mixed quarterly results. William Blair stated that the company’s performance and flat 2026 outlook came short of projections, citing the timing of historical SWU contracts and existing mark-to-market uranium price trends.

Although the firm acknowledged that it was taken aback by the Centrus Energy import/broker trading division’s fluctuation during the quarter, it proposed that this segment’s performance be assessed on a full-year basis rather than a quarterly basis.

Additionally, Centrus Energy Corp. (NYSE:LEU) announced it will spend more than $560 million to expand its Oak Ridge uranium enrichment centrifuge manufacturing plant. With the first centrifuges expected to be operating by 2029, this development is anticipated to turn the property into a high-rate manufacturing facility.

Centrus Energy Corp. (NYSE:LEU) is a Maryland-based supplier of nuclear fuel components and services that operates under two business categories: Low-Enriched Uranium and Technical Solutions.