Centrus Energy (LEU) Gained Over 21% Today. Here is Why.

The share price of Centrus Energy Corp. (NYSEAMERICAN:LEU) surged by 21.37% on May 23, 2025. Let’s shed some light on the development.

Centrus Energy Corp. (NYSEAMERICAN:LEU) is a trusted supplier of nuclear fuel and services for the nuclear power industry.

Centrus Energy Corp. (NYSEAMERICAN:LEU) received a boost on Friday after President Donald Trump signed executive orders to jumpstart the country’s nuclear power industry by overhauling the Nuclear Regulatory Commission and speeding up the deployment of new reactors. The strategic move also aims to strengthen supply chains by jump-starting the mining and enrichment of uranium on American soil. Given the tense geopolitical landscape and the ongoing tariff war, the White House wants to reduce reliance on Russia and China for enriched uranium, nuclear fuel processing, and advanced reactor inputs. The development is extremely bullish for a company like Centrus Energy, since it spearheads the domestic production of High Assay Low-Enriched Uranium (HALEU), a critical component for powering next-generation nuclear reactors.

It is worth mentioning that earlier this month, Centrus Energy Corp. (NYSEAMERICAN:LEU) posted stellar results for the second consecutive quarter in its Q1 2025. The company’s EPS of $1.6 beat expectations by a significant $1.65, while its revenue also surged by 67.3% YoY to $73.1 million, and topped estimates by almost $5 million.

While we acknowledge the potential of LEU to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk.  If you are looking for an AI stock that is more promising than LEU and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.