Perma-Fix Environmental Services (PESI) Is Expecting $2M in Monthly Revenues in 2026

Long Cast Advisers, an investment management firm, released its third-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the third quarter, the fund’s cumulative net returns improved 4%. The fund returned a cumulative 266% net of fees, or 14% CAGR, since its inception in November 2015 through the quarter-end of Q3 2025. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

In its third-quarter 2025 investor letter, Long Cast Advisers highlighted stocks such as Perma-Fix Environmental Services, Inc. (NASDAQ:PESI). Headquartered in Atlanta, Georgia, Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) is an environmental and technology know-how company. The one-month return of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) was -4.36%, and its shares lost 10.31% of their value over the last 52 weeks. On November 28, 2025, Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) stock closed at $12.27 per share, with a market capitalization of $227.212 million.

Long Cast Advisers stated the following regarding Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) in its third quarter 2025 investor letter:

“Moving onto Perma-Fix Environmental Services, Inc. (NASDAQ:PESI), after more than 30-years of planning and construction, the long-delayed vitrification plant at the Hanford nuclear site is now processing waste into glass. The start-up of the vitrification plant should at long last lead to increased volumes of secondary waste for processing at the Perma-Fix Northwest facility just outside the Hanford fence. The company expects to generate up to $2M in monthly revenues beginning in 2026, and then grow into an annuity-type business, likely for decades.”

Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 8 hedge fund portfolios held Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) at the end of the third quarter, which was 7 in the previous quarter. In Q3 2025, Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) reported revenue of $17.5 million compared to $16.8 million in Q3 2024. While we acknowledge the risk and potential of Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) and shared the list of best waste management stocks to buy. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None. This article is originally published at Insider Monkey.