HC Wainwright Forecasts Higher Earnings for Uranium Energy

Uranium Energy Corp. (NYSEAMERICAN:UEC) – Equities researchers at HC Wainwright increased their FY2026 EPS estimates for Uranium Energy in a research report issued on Wednesday, March 11th. HC Wainwright analyst H. Ihle now forecasts that the basic materials company will earn ($0.09) per share for the year, up from their previous forecast of ($0.11). HC Wainwright has a “Buy” rating and a $26.75 price target on the stock. The consensus estimate for Uranium Energy’s current full-year earnings is $0.01 per share.

A number of other brokerages have also recently issued reports on UEC. The Goldman Sachs Group restated a “buy” rating and issued a $18.00 target price on shares of Uranium Energy in a report on Wednesday, February 4th. Zacks Research raised Uranium Energy from a “strong sell” rating to a “hold” rating in a report on Monday, December 1st. TD Securities dropped their price target on Uranium Energy from $22.00 to $21.00 and set a “buy” rating on the stock in a research note on Wednesday. National Bank Financial boosted their price objective on Uranium Energy from $15.50 to $16.50 and gave the stock an “outperform” rating in a report on Friday, December 19th. Finally, Roth Mkm reaffirmed a “buy” rating and set a $16.00 price objective on shares of Uranium Energy in a research note on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $17.53.

Uranium Energy Stock Performance

Shares of NYSEAMERICAN:UEC opened at $13.41 on Friday. The company has a market capitalization of $6.48 billion, a PE ratio of -111.75 and a beta of 1.21. The stock has a fifty day moving average of $16.07 and a 200-day moving average of $13.95. Uranium Energy has a one year low of $3.85 and a one year high of $20.34.

Uranium Energy (NYSEAMERICAN:UEC) last posted its quarterly earnings results on Tuesday, March 10th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.03). The business had revenue of $20.20 million during the quarter, compared to analyst estimates of $12.85 million.

Institutional Trading of Uranium Energy

Several hedge funds and other institutional investors have recently modified their holdings of the business. Norges Bank purchased a new position in shares of Uranium Energy during the second quarter valued at $105,058,000. Vanguard Group Inc. lifted its stake in Uranium Energy by 32.2% in the 4th quarter. Vanguard Group Inc. now owns 47,247,813 shares of the basic materials company’s stock worth $551,854,000 after acquiring an additional 11,521,597 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in Uranium Energy by 11.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 66,352,123 shares of the basic materials company’s stock worth $774,995,000 after acquiring an additional 7,013,279 shares during the period. Caxton Associates LLP boosted its position in Uranium Energy by 11,233.4% during the 2nd quarter. Caxton Associates LLP now owns 4,093,058 shares of the basic materials company’s stock worth $27,833,000 after acquiring an additional 4,056,943 shares during the period. Finally, Van ECK Associates Corp grew its stake in Uranium Energy by 25.3% during the 4th quarter. Van ECK Associates Corp now owns 19,665,665 shares of the basic materials company’s stock valued at $229,695,000 after acquiring an additional 3,969,046 shares in the last quarter. Institutional investors and hedge funds own 62.28% of the company’s stock.

About Uranium Energy

Uranium Energy Corp. is a uranium mining and exploration company focused on the development and production of uranium through in-situ recovery (ISR) methods. The company’s core activities include operating ISR projects, advancing exploration properties, and engaging in joint ventures to secure uranium supply for nuclear power generation. Uranium Energy’s approach emphasizes environmentally conscious extraction techniques that minimize land disturbance and water usage compared with conventional mining.

The company’s primary producing asset is the Hobson ISR facility in South Texas, which commenced production to supply uranium concentrate to nuclear utilities.