Deep Fission (NASDAQ:FISN) Stock Rating Cut to “Sell” at Wall Street Zen
by Tristan Rich · The Markets DailyWall Street Zen lowered shares of Deep Fission (NASDAQ:FISN – Free Report) from a hold rating to a sell rating in a research note issued to investors on Saturday morning,Wall Street Zen reports.
A number of other research analysts have also weighed in on FISN. UBS Group set a $18.00 price target on shares of Deep Fission in a research note on Wednesday, July 15th. Zacks Research upgraded shares of Deep Fission to a “hold” rating in a report on Wednesday, August 5th. Canaccord Genuity Group assumed coverage on shares of Deep Fission in a report on Wednesday, July 15th. They set a “buy” rating and a $18.00 price objective on the stock. Maxim Group initiated coverage on shares of Deep Fission in a research report on Monday, August 31st. They issued a “buy” rating and a $17.00 price objective on the stock. Finally, Benchmark assumed coverage on Deep Fission in a research report on Monday, July 13th. They set 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 company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $18.20.
Get Our Latest Stock Analysis on Deep Fission
Deep Fission Trading Down 10.1%
Shares of NASDAQ FISN opened at $6.25 on Friday. Deep Fission has a twelve month low of $6.10 and a twelve month high of $19.00. The stock’s fifty day moving average price is $8.17.
Deep Fission (NASDAQ:FISN – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported ($0.56) EPS for the quarter. As a group, equities analysts anticipate that Deep Fission will post -2.04 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Deep Fission
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Chapin Davis Inc. acquired a new position in shares of Deep Fission during the 2nd quarter worth about $210,000. Elevation Wealth Management LLC acquired a new stake in shares of Deep Fission in the second quarter valued at about $3,294,000. Finally, Blue Owl Capital Holdings LP bought a new stake in Deep Fission during the second quarter worth about $14,720,000.
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.
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