- ASP Isotopes (ASPI, Financial) shares jumped 13% after strategic moves with TerraPower.
- Analysts provide a one-year price target of $6.50, with potential for fluctuations between $4.50 and $8.50.
- The stock holds an "Outperform" consensus from Wall Street analysts.
ASP Isotopes (ASPI) experienced a notable 13% increase in its stock price after unveiling key strategic partnerships with TerraPower. This collaboration encompasses a loan dedicated to uranium enrichment facilities located in South Africa, along with long-term supply contracts for high-assay low-enriched uranium (HALEU). Moreover, the company is exploring the feasibility of expanding its operations into additional facilities across the United States.
Wall Street Analysts Forecast
Analysts have weighed in on ASP Isotopes Inc (ASPI, Financial) with one-year price targets, delivering an average estimate of $6.50. Forecasts vary, with the most optimistic projection reaching $8.50, while the more conservative estimate stands at $4.50. These numbers suggest a potential downside of 13.56% from the current stock price of $7.52. For more detailed forecasting data, investors can explore the ASP Isotopes Inc (ASPI) Forecast page.
The consensus among 2 brokerage firms positions ASP Isotopes Inc (ASPI, Financial) with an average recommendation of 2.0, indicating an "Outperform" stance. The rating framework spans from 1, representing a Strong Buy, to 5, indicating a Sell. This recommendation underscores a generally positive outlook for the company's stock in the market.
