On Thursday, Palantir Technologies Inc. (NASDAQ:PLTR) and Centrus Energy Corp. (NYSE:LEU) announced a partnership to deploy artificial intelligence software to support Centrus’ multi-billion-dollar expansion of uranium enrichment capacity in the United States.
The collaboration will apply Palantir’s Foundry and Artificial Intelligence Platform (AIP) to integrate data systems and improve operational efficiency across Centrus’ uranium enrichment plant expansion in Piketon, Ohio. Early work since the partnership began in late January has already identified nearly $300 million in potential cost savings and efficiency gains.
Centrus said the AI-driven platform will help optimize project controls, engineering, manufacturing execution, supply chains, and regulatory compliance while connecting classified and unclassified operational environments.
Centrus is currently the only U.S.-owned company enriching uranium and aims to expand domestic capacity as the U.S. seeks to reduce reliance on foreign, state-owned enrichment providers that dominate the global market.
Executives Highlight Strategic Impact
“Centrus has developed and proven America’s most advanced uranium enrichment technology, and this expansion marks the moment when we scale it for commercial deployment,” said Centrus President and CEO Amir Vexler. “The nearly $300 million in savings we have identified to date are only the beginning.”
Palantir executives Joanna Peller and Tom McArdle said the partnership will connect Centrus’ manufacturing ecosystem through a unified data framework to accelerate production timelines and improve decision-making.
The companies plan to showcase the collaboration at Palantir’s AIPCon 9 event.
Technical Analysis
Centrus Energy shares have increased 169.87% over the past 12 months, demonstrating strong long-term momentum. Currently, the stock is trading 0.3% above its 20-day simple moving average (SMA) but is 25.6% below its 100-day SMA, indicating a potential struggle in the medium term.
The RSI is at 42.60, which is considered neutral territory, suggesting that the stock is neither overbought nor oversold. Meanwhile, MACD is at -15.6511, with the signal line at -17.8432, indicating a bullish crossover as the MACD is above the signal line.
The combination of neutral RSI and bullish MACD suggests mixed momentum, indicating that traders should watch for potential shifts in direction.
- Key Resistance: $217.00
- Key Support: $183.50
Earnings & Analyst Outlook
Centrus Energy is slated to provide its next financial update on May 6, 2026 (estimated).
- EPS Estimate: 57 cents (Down from $1.07)
- Revenue Estimate: $81.38 million (Up from $73.10 million)
- Valuation: Forward P/E of 356.4x
Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $205.63. Recent analyst moves include:
- UBS: Neutral (Lowers Target to $195.00) (Mar. 5)
- Citigroup: Neutral (Lowers Target to $225.00) (Feb. 18)
- JP Morgan: Neutral (Lowers Target to $242.00) (Feb. 5)
Top ETF Exposure
- Global X Uranium ETF (NYSE:URA): 4.83% Weight
- VanEck Uranium & Nuclear ETF (NYSE:NLR): 4.32% Weight
- SPDR S&P Metals & Mining ETF (NYSE:XME): 6.35% Weight
Significance: Because LEU carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.
LEU Price Action: Centrus Energy shares were down 0.82% at $198.70 during premarket trading on Thursday, according to Benzinga Pro data.
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