Why Are Centrus Energy Shares Sliding On Wednesday?

by | Feb 11, 2026 | General

Centrus Energy Corp. (NYSE:LEU) shares tumbled on Wednesday, extending losses from the previous session after the uranium enrichment company reported disappointing fourth-quarter results that missed Wall Street expectations on both revenue and earnings.

The company reported quarterly earnings of 79 cents per share, missing the Street estimate of $1.28 by 38.09%. Quarterly revenue came in at $146.2 million, missing the consensus estimate of $146.34 million and declining from $151.6 million in the year-ago period.

The stock initially dropped 9.05% to $241 in Tuesday’s extended trading following the earnings release.

Outlook

Centrus Energy expects fiscal 2026 revenue in the range of $425 million to $475 million.

Fluor Partnership Announcement

Earlier Wednesday, Centrus announced a partnership with Fluor Corporation (NYSE:FLR) for a multi-billion-dollar uranium enrichment expansion in Ohio. Centrus Energy’s subsidiary engaged Fluor as its Engineering, Procurement, and Construction contractor for the expansion project.

Technical Analysis

Centrus Energy is trading 27.7% below its 20-day simple moving average (SMA) and 29.7% below its 100-day SMA, indicating a bearish short-term trend. Over the past 12 months, shares have increased by 84.41% and are positioned closer to their 52-week highs than lows, which suggests a longer-term strength despite the recent downturn.

The RSI is at 46.28, indicating neutral momentum, while the MACD is below its signal line, suggesting bearish pressure on the stock. The combination of neutral RSI and bearish MACD indicates mixed momentum, reflecting uncertainty in the stock’s immediate direction.

  • Key Resistance: $211.50
  • Key Support: $193.00

Analyst Outlook

Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $213.53. Recent analyst moves include:

  • JP Morgan: Neutral (Lowers Target to $242.00) (Feb. 5)
  • Roth Capital: Neutral (Raises Target to $125.00) (Jan. 8)
  • B. Riley Securities: Buy (Raises Target to $315.00) (Dec. 22, 2025)

LEU Price Action: Centrus Energy Corp. Class A Common Stock shares were down 19.87% at $212.34 at the time of publication on Wednesday, according to Benzinga Pro data.

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