Why These Energy Stocks Are Gaining This Week

3. Centrus Energy Corp. (NYSEAMERICAN:LEU)

Share Price Gains Between May 7 – May 14: 33.68%

Centrus Energy Corp. (NYSEAMERICAN:LEU) is a trusted supplier of nuclear fuel and services for the nuclear power industry.

The share price of Centrus Energy Corp. (NYSEAMERICAN:LEU) continues to surge after the company posted stellar results for the second consecutive quarter in its Q1 2025 last week. Centrus Energy’s EPS of $1.6 topped estimates by a significant $1.65, while its revenue also surged by 67.3% YoY to $73.1 million, and beat expectations by almost $5 million. The company has also expressed confidence in its compelling investment case for the $3.4 billion in funding that Congress has provided to jumpstart domestic nuclear fuel production.

Centrus Energy Corp. (NYSEAMERICAN:LEU) also received a boost after Evercore ISI initiated coverage of the stock this week, with an Outperform rating and a price target of $145. The firm highlighted LEU’s unique position in the nuclear fuel industry, as it spearheads the domestic production of High Assay Low-Enriched Uranium (HALEU), a critical component for powering next-generation nuclear reactors.