Tennessee State Officials Announced a Major Expansion Involving Centrus Energy Corp. in East Tennessee

Centrus Energy Corp. (NYSE:LEU) is included among the 12 Best Nuclear Energy Stocks to Buy Now

On January 24, 2026, Tennessee authorities officials announced a large enlargement involving Centrus Energy Corp. (NYSE:LEU) successful East Tennessee, with plans to modulation the company’s Oak Ridge installation into a high-rate manufacturing plant. The enlargement is expected to make astir 430 jobs and impact much than $560 cardinal successful concern successful Anderson County implicit the coming years, supporting workforce maturation and the accumulation of thousands of precocious centrifuges.

The Tennessee announcement aligns with Centrus’ antecedently outlined plans to grow its Ohio uranium enrichment operations, which are positioned arsenic a cardinal portion of the U.S. commercialized and nationalist information substance supply. The archetypal centrifuges manufactured successful Tennessee are expected to beryllium deployed successful Ohio starting successful 2029.

On January 8, 2026, Roth Capital raised its terms people connected Centrus Energy to $125 from $117 and maintained a Neutral rating. The steadfast pointed to the $900 cardinal grant from the Department of Energy arsenic a catalyst that positions Centrus to determination guardant with capableness enlargement tied to high-assay low-enriched uranium production.

A time earlier, connected January 7, 2026, Northland raised its terms people to $325 from $300 and reiterated an Outperform standing aft Centrus received the authoritative $900 cardinal DOE grant to assistance jump-start the home atomic substance proviso chain. Northland said the higher people reflects a faster way to marketplace successful 2029, compared with its anterior 2030 expectation, on with reduced backing risk.

Centrus Energy Corp. (NYSE:LEU) is simply a U.S.-based supplier of atomic substance and related services, focused connected supporting the atomic powerfulness manufacture arsenic request for domestic, carbon-free vigor and unafraid substance proviso continues to grow.

While we admit the imaginable of LEU arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 12 Best Nuclear Energy Stocks to Buy Now and 12 Best HVAC Stocks to Buy Now

Disclosure: None.