Wall Street Zen Upgrades Deep Fission (NASDAQ:FISN) to Hold

Deep Fission (NASDAQ:FISN) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Other research analysts have also issued research reports about the stock. Zacks Research raised shares of Deep Fission to a “hold” rating in a research note on Wednesday, August 5th. Seaport Research Partners initiated coverage on shares of Deep Fission in a research note on Tuesday, August 4th. They issued a “buy” rating and a $25.00 price target for the company. Canaccord Genuity Group assumed coverage on Deep Fission in a research report on Wednesday, July 15th. They set a “buy” rating and a $18.00 price objective on the stock. Benchmark assumed coverage on Deep Fission in a research note on Monday, July 13th. They issued a “buy” rating and a $20.00 price objective on the stock. Finally, UBS Group set a $18.00 price target on Deep Fission in a report on Wednesday, July 15th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Deep Fission currently has a consensus rating of “Moderate Buy” and an average target price of $18.67.

Deep Fission Stock Performance

FISN opened at $8.64 on Friday. The business’s 50-day moving average price is $10.26. Deep Fission has a 12-month low of $7.66 and a 12-month high of $19.00.

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

Institutional Investors Weigh In On Deep Fission

An institutional investor recently bought a new position in Deep Fission stock. Blue Owl Capital Holdings LP acquired a new position in shares of Deep Fission, Inc. (NASDAQ:FISN) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 1,333,333 shares of the company’s stock, valued at approximately $14,720,000. Deep Fission comprises approximately 2.2% of Blue Owl Capital Holdings LP’s investment portfolio, making the stock its 9th largest position. Blue Owl Capital Holdings LP owned about 2.26% of Deep Fission at the end of the most recent reporting period.

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.