Deep Fission, Inc. (NASDAQ:FISN) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Deep Fission, Inc. (NASDAQ:FISN) has been given an average rating of “Moderate Buy” by the six analysts that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $18.20.

FISN has been the subject of a number of research reports. Maxim Group started coverage on Deep Fission in a research note on Monday, August 31st. They issued a “buy” rating and a $17.00 price target for the company. Benchmark started coverage on Deep Fission in a report on Monday, July 13th. They issued a “buy” rating and a $20.00 target price for the company. Seaport Research Partners started coverage on shares of Deep Fission in a report on Tuesday, August 4th. They issued a “buy” rating and a $25.00 price objective for the company. Canaccord Genuity Group assumed coverage on shares of Deep Fission in a report on Wednesday, July 15th. They set a “buy” rating and a $18.00 price target on the stock. Finally, Zacks Research raised shares of Deep Fission to a “hold” rating in a research note on Wednesday, August 5th.

Deep Fission Stock Performance

Shares of FISN stock opened at $5.18 on Friday. The stock has a fifty day simple moving average of $7.72. Deep Fission has a 12 month low of $4.90 and a 12 month high of $19.00.

Deep Fission (NASDAQ:FISN) last posted its quarterly earnings results on Monday, August 3rd. The company reported ($0.56) earnings per share (EPS) for the quarter. Analysts anticipate that Deep Fission will post -2.04 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Deep Fission

Several large investors have recently added to or reduced their stakes in FISN. Elevation Wealth Management LLC purchased a new stake in Deep Fission in the second quarter worth $3,294,000. Blue Owl Capital Holdings LP purchased a new stake in Deep Fission in the 2nd quarter worth about $14,720,000. Finally, Chapin Davis Inc. purchased a new stake in Deep Fission in the 2nd quarter worth about $210,000.

About Deep Fission

Deep Fission Inc develops and deploys small modular nuclear reactors placed deep underground to generate electricity. Deep Fission Inc is based in Berkeley, California.