Leu stock price forecast commodities market analysts expect

Commodities market analysts expect uranium price firmness to underpin the "LEU stock price forecast" throughout mid-2024 trading phases. We recently compiled a list of 7 Best Uranium Stocks To Buy According to Hedge Funds . In this article, we will look at where Centrus Energy (NYSE:LEU) ranks among the best uranium stocks to buy according to hedge funds. Momentum accelerated after Centrus signed a Memorandum of Understanding with Korea Hydro & Nuclear Power and POSCO International to expand uranium enrichment in Ohio. The MOU, although non-binding, strengthens credibility as KHNP is one of the world’s most significant nuclear operators with 26 reactors online and four under construction. The agreement builds on a February 2025 supply deal and raises the expected delivery volume of low-enriched uranium. Evercore ISI described the MOU as evidence of “confidence behind Centrus and centrifugal enrichment,” reiterating an Outperform rating with a $252 price target. Wall Street consensus models show "LEU stock price forecast" trending upward, with a 12-month median target of $68 from top-tier equity research firms.