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Investing.com - H.C. Wainwright raised its price target on Uranium Energy Corp (NYSE:UEC) to $19.75 from $12.75 on Thursday, while maintaining a Buy rating on the stock. The upgrade comes as UEC shares have surged over 157% in the past six months, with the stock currently trading near its 52-week high of $15.05.
The firm cited Uranium Energy’s strong project development progress, including the scheduled start-up at Burke Hollow in December 2025 and ongoing pre-feasibility study work at the Roughrider Project. The company’s Sweetwater Plant has also been designated for fast-track permitting. According to InvestingPro data, UEC maintains a strong financial position with a current ratio of 8.85, indicating robust liquidity to fund these developments.
During the most recent quarter, Uranium Energy recorded $66.8 million in revenue, resulting from the sale of 810,000 pounds of U3O8 from its physical portfolio at an average price of $82.52 per pound. The company reported a net loss of $87.7 million, or $0.20 per share.
This performance compares to fiscal year 2024 revenue of $0.2 million and a net loss of $29.2 million, or $0.07 per share, representing a significant increase in revenue year-over-year.
H.C. Wainwright highlighted Uranium Energy’s strong balance sheet, noting the company holds $321.0 million in cash, inventories, and equities at market prices, with no debt, positioning it as "a prominent benefactor from geopolitical changes in the uranium space." InvestingPro analysis indicates the stock is currently trading above its Fair Value, with a "FAIR" overall financial health score. Discover 12 additional exclusive ProTips and comprehensive valuation metrics with an InvestingPro subscription.
In other recent news, Uranium Energy Corp reported its fourth-quarter earnings for 2025, which fell short of analyst expectations. The company posted an earnings per share (EPS) of -$0.20, missing the forecasted -$0.18. Revenue also came in below expectations at $66.84 million, compared to the anticipated $77.2 million. These financial results are crucial for investors as they assess the company’s performance. Additionally, BMO Capital downgraded Uranium Energy’s stock rating from Outperform to Market Perform. Despite this downgrade, BMO Capital raised its price target for the stock from $7.75 to $14.00. The firm cited Uranium Energy’s exceptional recent performance as a factor in the decision, noting the stock’s significant surge since early June. These developments provide a comprehensive view of the company’s recent activities and market perception.
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