Centrus Energy Stock Rallies 128% Past Year Despite Q4 $146M Revenue Miss, Cramer Endorses
Centrus Energy Corp. shares have surged 128% over the past year but slide 24% year-to-date after Q4 revenue of $146 million and EPS of $0.79 missed analyst estimates. Citi cut its price target to $225 from $292 following Northland’s reduction to $285, while Jim Cramer endorsed Centrus as uranium stock pick.
1. Q4 Earnings and Share Performance
Centrus posted fiscal fourth-quarter revenue of $146 million and EPS of $0.79, both below analyst expectations, triggering a 24% year-to-date decline despite a 128% rally over the last twelve months.
2. Analyst Price Target Cuts
Citi lowered its price target to $225 from $292 and maintained a Neutral rating after Northland trimmed its target to $285 from $325 with an Outperform rating, citing the post-earnings pullback as an attractive entry point.
3. Jim Cramer Picks Uranium Leader
Jim Cramer rang the opening bell and highlighted Centrus as his preferred uranium stock, emphasizing its robust revenue stream and strategic importance under the current administration’s nuclear energy agenda.