Deep Fission (NASDAQ:FISN) Coverage Initiated by Analysts at Maxim Group

Analysts at Maxim Group assumed coverage on shares of Deep Fission (NASDAQ:FISN) in a report released on Monday. The brokerage set a “buy” rating and a $17.00 price target on the stock. Maxim Group’s target price would indicate a potential upside of 159.15% from the stock’s current price.

Other equities research analysts also recently issued reports about the stock. Zacks Research upgraded shares of Deep Fission to a “hold” rating in a research note on Wednesday, August 5th. UBS Group set a $18.00 target price on shares of Deep Fission in a research note on Wednesday, July 15th. Benchmark assumed coverage on shares of Deep Fission in a report on Monday, July 13th. They set a “buy” rating and a $20.00 target price on the stock. Wall Street Zen downgraded Deep Fission from a “hold” rating to a “sell” rating in a report on Sunday, August 23rd. Finally, Canaccord Genuity Group started coverage on Deep Fission in a research report on Wednesday, July 15th. They issued a “buy” rating and a $18.00 price objective on the stock. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.25.

Deep Fission Price Performance

Shares of NASDAQ:FISN opened at $6.56 on Monday. Deep Fission has a 1 year low of $6.42 and a 1 year high of $19.00. The business’s 50-day moving average price is $9.61.

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

Hedge Funds Weigh In On Deep Fission

A number of institutional investors and hedge funds have recently bought and sold shares of FISN. Chapin Davis Inc. purchased a new stake in shares of Deep Fission during the second quarter valued at approximately $210,000. Elevation Wealth Management LLC acquired a new position in shares of Deep Fission during the second quarter worth $3,294,000. Finally, Blue Owl Capital Holdings LP purchased a new position in shares of Deep Fission in the second 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.