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Centrus Energy Plans Expansion of Ohio Plant

Story Highlights
  • Centrus Energy plans to expand its Piketon, Ohio uranium plant, pending federal funding.
  • The expansion could create 1,300 jobs and boost U.S. uranium enrichment capabilities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Centrus Energy Plans Expansion of Ohio Plant

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An update from Centrus Energy ( (LEU) ) is now available.

On September 25, 2025, Centrus Energy Corp. announced plans to expand its uranium enrichment plant in Piketon, Ohio, contingent on federal funding decisions by the U.S. Department of Energy. The expansion could involve a multi-billion-dollar investment, creating 1,000 construction jobs and 300 new operations jobs while retaining 127 existing jobs. This initiative underscores Ohio’s role in supporting national economic and security interests, with Centrus aiming to enhance domestic uranium enrichment capacity and reduce reliance on foreign entities. The project is expected to support jobs across Centrus’ supply chain and contribute significantly to America’s nuclear energy leadership.

The most recent analyst rating on (LEU) stock is a Hold with a $164.00 price target. To see the full list of analyst forecasts on Centrus Energy stock, see the LEU Stock Forecast page.

Spark’s Take on LEU Stock

According to Spark, TipRanks’ AI Analyst, LEU is a Neutral.

Centrus Energy’s overall stock score reflects strong financial performance and strategic corporate events, offset by technical analysis indicating bearish momentum and a high valuation. The company is well-positioned for future growth but must address revenue challenges and leverage.

To see Spark’s full report on LEU stock, click here.

More about Centrus Energy

Centrus Energy is a trusted American supplier of nuclear fuel and services for the nuclear power industry, helping meet the growing need for clean, affordable, carbon-free energy. Since 1998, the company has provided its utility customers with more than 1,850 reactor years of fuel, equivalent to more than 7 billion tons of coal. Centrus is pioneering the production of High-Assay, Low-Enriched Uranium and is leading efforts to restore America’s uranium enrichment capabilities at scale to meet clean energy, energy security, and national security needs.

Average Trading Volume: 1,380,141

Technical Sentiment Signal: Buy

Current Market Cap: $5.03B

For a thorough assessment of LEU stock, go to TipRanks’ Stock Analysis page.

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