Deep Fission (NASDAQ:FISN) Posts Earnings Results

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

Deep Fission Trading Up 23.3%

NASDAQ:FISN traded up $0.35 during trading hours on Friday, hitting $1.85. 902,033 shares of the company’s stock traded hands, compared to its average volume of 397,614. The company has a market cap of $108.98 million and a price-to-earnings ratio of -3.30. Deep Fission has a 52 week low of $1.44 and a 52 week high of $19.00. The company has a fifty day moving average of $5.16.

Wall Street Analyst Weigh In

FISN has been the subject of several analyst reports. Zacks Research upgraded Deep Fission to a “hold” rating in a research note on Wednesday, August 5th. UBS Group set a $18.00 price target on Deep Fission in a research report on Wednesday, July 15th. Canaccord Genuity Group began coverage on shares of Deep Fission in a report on Wednesday, July 15th. They issued a “buy” rating and a $18.00 price target on the stock. Wall Street Zen downgraded shares of Deep Fission from a “sell” rating to a “strong sell” rating in a report on Saturday, October 17th. Finally, 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 objective for the company. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $17.20.

Institutional Investors Weigh In On Deep Fission

Hedge funds have recently bought and sold shares of the stock. Elevation Wealth Management LLC bought a new position in shares of Deep Fission in the 2nd quarter worth $3,294,000. Blue Owl Capital Holdings LP bought a new stake in shares of Deep Fission during the 2nd quarter worth $14,720,000. Finally, Chapin Davis Inc. bought a new stake in shares of Deep Fission during the 2nd quarter worth $210,000.

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.