Deep Fission (NASDAQ:FISN) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Deep Fission (NASDAQ:FISN) from a sell rating to a hold rating in a report released on Saturday.

Other equities analysts also recently issued reports about the stock. UBS Group set a $18.00 price objective on shares of Deep Fission in a research note on Wednesday, July 15th. Benchmark assumed coverage on Deep Fission in a report on Monday, July 13th. They set a “buy” rating and a $20.00 target price for the company. Seaport Research Partners started coverage on Deep Fission in a research report on Tuesday, August 4th. They set a “buy” rating and a $25.00 target price on the stock. Canaccord Genuity Group initiated coverage on Deep Fission in a report on Wednesday, July 15th. They issued a “buy” rating and a $18.00 price target on the stock. Finally, Zacks Research upgraded Deep Fission to a “hold” rating in a report on Wednesday, August 5th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.67.

Deep Fission Trading Up 4.7%

Shares of Deep Fission stock opened at $8.64 on Friday. Deep Fission has a 1 year low of $7.66 and a 1 year high of $19.00. The business’s 50-day simple moving average is $10.26.

Deep Fission (NASDAQ:FISN) last posted its earnings results on Monday, August 3rd. The company reported ($0.56) EPS for the quarter. As a group, equities research analysts forecast that Deep Fission will post -1.66 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Deep Fission stock. Blue Owl Capital Holdings LP acquired a new position in shares of Deep Fission, Inc. (NASDAQ:FISN) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,333,333 shares of the company’s stock, valued at approximately $14,720,000. Deep Fission accounts for about 2.2% of Blue Owl Capital Holdings LP’s holdings, making the stock its 9th largest holding. Blue Owl Capital Holdings LP owned approximately 2.26% of Deep Fission at the end of the most recent quarter.

About Deep Fission

Deep Fission Inc develops and deploys small modular nuclear reactors placed deep underground to generate electricity. Deep Fission Inc is based in Berkeley, California.