Deep Fission (NASDAQ:FISN) Releases Quarterly Earnings Results

Deep Fission (NASDAQ:FISN) issued its quarterly earnings results on Wednesday. The company reported ($0.36) earnings per share for the quarter, FiscalAI reports.

Deep Fission Price Performance

Shares of NASDAQ FISN traded down $0.62 during trading on Thursday, reaching $1.59. 839,650 shares of the company traded hands, compared to its average volume of 381,011. The firm’s 50 day moving average price is $5.27. The stock has a market capitalization of $93.67 million and a PE ratio of -2.84. Deep Fission has a 52-week low of $1.51 and a 52-week high of $19.00.

Wall Street Analyst Weigh In

Several analysts recently commented on FISN shares. UBS Group set a $18.00 price objective on shares of Deep Fission in a research report on Wednesday, July 15th. Weiss Ratings initiated coverage on shares of Deep Fission in a report on Monday, September 14th. They issued a “sell (e-)” rating for the company. Zacks Research upgraded shares of Deep Fission to a “hold” rating in a research note on Wednesday, August 5th. Wall Street Zen downgraded shares of Deep Fission from a “sell” rating to a “strong sell” rating in a research note on Saturday, October 17th. Finally, Canaccord Genuity Group initiated 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. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Deep Fission has a consensus rating of “Moderate Buy” and a consensus target price of $17.20.

Institutional Inflows and Outflows

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

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.