William Blair Starts Centrus Energy With Outperform, Cites Nuclear Fuel Leadership

William Blair analyst Jed Dorsheimer initiated coverage of Centrus Energy Corp. (NYSE:LEU) on May 28 with an Outperform rating and no price target. The analyst emphasized Centrus Energy’s distinct market position as the sole American-owned uranium enricher, which provides the company with advantages in terms of technology and national security.

William Blair Starts Centrus Energy With Outperform, Citing Nuclear Fuel Leadership

Photo by Frédéric Paulussen on Unsplash

Centrus’s shift from a foreign nuclear fuel broker to a manufacturer and supplier should enable the company to capture a sizable portion of the market. According to Dorsheimer, Centrus Energy Corp. (NYSE:LEU) is expected to play a significant role in supplying the United States’ commercial nuclear fleet with low-enriched uranium and high-assay low-enriched uranium.

The analyst also highlighted the company’s contribution to reducing U.S. dependence on Russian enrichment capabilities, projecting a $15 billion total addressable market (TAM) that will be fueled by a 13-fold growth in demand for separative work units (SWU) by 2050.

Centrus Energy Corp. (NYSE:LEU) is a Maryland-based supplier of nuclear fuel components and services that operates under two business categories: Low-Enriched Uranium and Technical Solutions.

While we acknowledge the potential of LEU to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than LEU and that has 100x upside potential, check out our report about the cheapest AI stock.

Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds

Disclosure: None.