With an upside potential of 40.9%, Centrus Energy Corp. (NYSE:LEU) earns a spot on our list of the best nuclear energy stocks to buy as SMRs go mainstream.
Investors appear willing to value Centrus Energy Corp. (NYSE:LEU) based more on its long-term future growth potential than on its current earnings or short-term results, according to Roth Capital
Accordingly, the firm raised its price target on the stock from $137 to $230 and reiterated its “Neutral” rating. Meanwhile, Centrus Energy Corp. (NYSE:LEU) released its earnings results on May 5, 2026, which Roth Capital said were above expectations. The quarter showed revenue of $76.7 million, up 5% year-over-year, though GAAP net income fell to $10 million from $27.2 million, largely due to a $15.9 million rise in advanced technology costs tied to expansion spending.
Adjusted net income came in at $23.5 million, or $1.05 per diluted share. Even more importantly, Centrus Energy Corp. (NYSE:LEU) has $3.9 billion worth of backlog, with contracts extending as far as 2040. During the quarter, Centrus Energy Corp. (NYSE:LEU) started a long-term investment program to expand its Oak Ridge uranium centrifuge manufacturing plant.