LEU
Centrus Energy Corp.
NYSE: LEU · ENERGY · URANIUM
$213.22
-13.34% today
Updated 2026-06-05
Market cap
$3.20B
P/E ratio
59.12
P/S ratio
7.07x
EPS (TTM)
$2.75
Dividend yield
—
52W range
$145 – $464
Volume
0.9M
Centrus Energy Corp. (LEU) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed LEU price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$213.22
Today
Analyst consensus
$268.18
+25.78% · 12M
2030 Base
$377.28
+76.94% future
NPV today
$220.11
@ 12% WACC
14 analysts:
7 Buy7 Hold0 Sell
Management guidance
Centrus Energy has not provided explicit revenue guidance through 2030 in public filings. However, the company is executing a multi-billion-dollar expansion program (Piketon, Ohio + Oak Ridge facility) targeting production of Low-Enriched Uranium (LEU) and High-Assay Low-Enriched Uranium (HALEU) to meet domestic nuclear fuel demand. CEO Dan Poneman has indicated the expansion will drive significant revenue growth beginning 2027-2028 as new enrichment capacity comes online. The Palantir partnership (announced March 2026) identified ~$300M in potential cost savings, supporting margin expansion and accelerated deployment of centrifuges.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
LEU · Centrus Energy Corp. · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$167.08
NPV today: $97.47
Base case (2030)
$377.28
NPV today: $220.11
Bull case (2030)
$902.78
NPV today: $526.68
WallStSmart.com
LEU financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $0.4B | $0.6B | $0.9B | $1.2B | $1.6B | $2.0B |
| Revenue growth | 1.5% | 13.6% | 33.3% | 30.9% | 23.0% | 16.9% |
| Net margin | — | 11.9% | 11.4% | 11.4% | 10.4% | 9.6% |
| EPS | $3.63 | $3.75 | $5.40 | $7.20 | $8.75 | $10.10 |
| Diluted shares | — | 19M | 19M | 19M | 19M | 19M |
| Net debt | — | $1.21B | $1.15B | $1.06B | $956.17M | $820.53M |
| P/S multiple | — | 4.0x | 4.0x | 4.0x | 4.0x | 4.0x |
| Implied price (base) | — | $62.87 | $129.21 | $196.49 | $286.07 | $377.28 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $2.0B | $2.0B | $2.0B |
| P/S multiple | 2.0x | 4.0x | 9.0x |
| Diluted shares | 19M | 19M | 19M |
| Net debt | $820.53M | $820.53M | $820.53M |
| Implied P/E † | 17x | 37x | 89x |
| 2030 Price | $167.08 | $377.28 | $902.78 |
| NPV @ 12% | $97.47 | $220.11 | $526.68 |
† Implied P/E: Multiples remain elevated across all three scenarios because LEU is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $377.28 base case
LEU catalysts and risks
Growth catalysts
+ Completion of Piketon uranium enrichment expansion (2028-2029): multi-billion-dollar capex enabling HALEU/LEU production ramp to full capacity
+ Oak Ridge facility expansion ($560M investment) reaching high-rate production by 2029, adding incremental revenue stream
+ DOE contracts and HALEU demand acceleration: U.S. policy shift toward domestic uranium enrichment; multiple Advanced Reactor startups (Oklo, TerraPower, X-energy) contracted for HALEU supply
+ Oklo joint venture (announced March 2026) for HALEU deconversion services, creating new revenue stream beyond enrichment
+ Palantir AI optimization reducing manufacturing lead times and unlocking capacity faster than baseline assumptions
+ Potential equity dilution for expansion capex offset by margin expansion as capacity utilization increases
Key risks
- Project execution risk on multi-billion-dollar facility expansion; construction delays could push revenue inflection 1-2 years later
- Government funding/contract dependency: DOE is primary customer; policy changes or budget cuts could impair growth
- HALEU demand uncertainty: Advanced Reactor commercial deployment timelines are unproven; if reactor deployments slip, HALEU offtake agreements may be deferred
- Competitive entry: Urenco, Russian enrichers (if sanctions lift) could erode market share or pricing power
- High valuation (P/E 53-63x): stock pricing assumes execution of expansion and demand growth; miss on either metric triggers sharp multiple compression
- Macroeconomic sensitivity to uranium spot price and utility capex cycles; regulated utility offtake essential to baseline
Methodology · Centrus Energy Corp. 2030 stock forecast model
Centrus Energy Corp. 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 14 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (0% cumulative for LEU by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($820.53M by 2030) |
| 3. Time value | NPV calculated using 12% WACC (CAPM: beta 1.436) |
| 4. Multiple framework | P/S compresses with scale: bear 2.0x / base 4.0x / bull 9.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 21, 2026.
LEU price target FAQ
What is the LEU price target for 2030?
WallStSmart's Centrus Energy Corp. 2030 base case is $377.28 per share, with a bull case of $902.78 and bear case of $167.08. The NPV of the base case discounted to today at 12% WACC is $220.11.
How is the Centrus Energy Corp. 2030 stock forecast calculated?
The LEU 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the LEU price target account for dilution?
Centrus Energy Corp. is projected to grow diluted share count from 19M to 19M by 2030 (a 0% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 0%.
What is the analyst consensus on LEU stock?
14 analysts cover LEU with an average 12-month price target of $268.18. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.