Is Centrus Energy’s (LEU) Piketon Build-Out Quietly Rewriting Its Uranium Enrichment Investment Story?

Simplywall
2025.12.14 19:20
portai
I'm PortAI, I can summarize articles.

Centrus Energy is expanding its Piketon facility to support uranium enrichment, contingent on U.S. Department of Energy funding. This expansion could influence Centrus' investment narrative, highlighting its role as a key U.S. supplier of enriched uranium. The facility aims to bolster operational capacity for potential large-scale growth, but relies heavily on federal funding decisions. Centrus projects $640.9 million revenue and $70.3 million earnings by 2028, with a fair value estimate of $279.73 per share, reflecting a 12% upside.