Deep Fission (NASDAQ:FISN) Earns Buy Rating from Analysts at Maxim Group

Research analysts at Maxim Group started coverage on shares of Deep Fission (NASDAQ:FISN) in a report issued on Monday. The firm set a “buy” rating and a $17.00 price target on the stock. Maxim Group’s target price indicates a potential upside of 159.15% from the company’s current price.

Several other equities research analysts also recently weighed in on FISN. Zacks Research raised shares of Deep Fission to a “hold” rating in a research report on Wednesday, August 5th. Canaccord Genuity Group initiated coverage on shares of Deep Fission in a report on Wednesday, July 15th. They issued a “buy” rating and a $18.00 price objective for the company. UBS Group set a $18.00 price target on shares of Deep Fission in a report on Wednesday, July 15th. Wall Street Zen downgraded Deep Fission from a “hold” rating to a “sell” rating in a research note on Sunday, August 23rd. Finally, Seaport Research Partners began coverage on Deep Fission in a research report on Tuesday, August 4th. They set a “buy” rating and a $25.00 price objective for the company. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $18.25.

Deep Fission Stock 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 stock’s 50-day simple moving average is $9.61.

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Blue Owl Capital Holdings LP bought a new position in shares of Deep Fission in the second quarter worth $14,720,000. Chapin Davis Inc. acquired a new position in shares of Deep Fission during the second quarter valued at $210,000. Finally, Elevation Wealth Management LLC acquired a new position in shares of Deep Fission during the second quarter valued at $3,294,000.

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.