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

Deep Fission, Inc. (NASDAQ:FISN) has been assigned an average rating of “Moderate Buy” from the four research firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $18.25.

Several brokerages have commented on FISN. Benchmark started coverage on shares of Deep Fission in a research report on Monday, July 13th. They issued a “buy” rating and a $20.00 price target for the company. Seaport Research Partners initiated coverage on Deep Fission in a research report on Tuesday, August 4th. They set a “buy” rating and a $25.00 price objective on the stock. Maxim Group began coverage on Deep Fission in a research note on Monday, August 31st. They issued a “buy” rating and a $17.00 price objective on the stock. Zacks Research upgraded Deep Fission to a “hold” rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen lowered Deep Fission from a “hold” rating to a “sell” rating in a report on Sunday, August 23rd.

Hedge Funds Weigh In On Deep Fission

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

Deep Fission Price Performance

NASDAQ FISN opened at $7.15 on Monday. The company has a 50 day simple moving average of $9.19. Deep Fission has a one year low of $6.10 and a one year high of $19.00.

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

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.