Leu stock price forecast

To compile our list of the 7 best uranium stocks to buy according to hedge funds, we used the Finviz and Yahoo stock screeners to find the 9 largest Uranium companies. We then narrowed our choices to 7 stocks according to their hedge fund sentiment, which was taken from our database of 912 elite hedge funds as of Q2 of 2024. The list is sorted in ascending order of their hedge fund sentiment, as of the second quarter. 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. In recent trading, "LEU stock price forecast" benefited from U.S. Department of Energy funding programs that could boost conversion and enrichment capacity.