Deep Fission (NASDAQ:FISN) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Deep Fission (NASDAQ:FISN) from a sell rating to a hold rating in a research report released on Saturday morning,Wall Street Zen reports.

Several other research analysts have also commented on the stock. Benchmark initiated coverage on shares of Deep Fission in a report on Monday, July 13th. They issued a “buy” rating and a $20.00 price objective for the company. Maxim Group assumed coverage on shares of Deep Fission in a research note on Monday, August 31st. They set a “buy” rating and a $17.00 target price on the stock. Seaport Research Partners initiated coverage on shares of Deep Fission in a research note on Tuesday, August 4th. They set a “buy” rating and a $25.00 target price on the stock. UBS Group set a $18.00 price target on shares of Deep Fission in a research report on Wednesday, July 15th. Finally, Zacks Research raised shares of Deep Fission to a “hold” rating in a research note on Wednesday, August 5th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Deep Fission has a consensus rating of “Moderate Buy” and an average target price of $18.25.

Deep Fission Stock Performance

Shares of FISN stock 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 stock has a 50 day simple moving average of $8.77.

Deep Fission (NASDAQ:FISN) last announced its earnings results on Monday, August 3rd. The company reported ($0.56) EPS for the quarter. Research analysts forecast that Deep Fission will post -1.66 earnings per share for the current year.

Hedge Funds Weigh In On Deep Fission

Institutional investors have recently added to or reduced their stakes in the company. Chapin Davis Inc. purchased a new position in Deep Fission during the second quarter valued at $210,000. Elevation Wealth Management LLC bought a new position in shares of Deep Fission in the 2nd quarter worth about $3,294,000. Finally, Blue Owl Capital Holdings LP bought a new position in shares of Deep Fission in the 2nd quarter worth about $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.