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UEC
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UECUranium Energy Corp.
$6.92$3.4B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
UEC logo

Uranium Energy Corp.

UEC
AMEX · Uranium
$6.92
At close - Nov 6, 4:00 PM EST - USD
Market Cap$3.42B
P/E-25.0x
52W High$20.34
Volume10.78M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q4

Externally Funded ISR Ramp Masks Negative Margins

UEC's investment case rests on an ISR production restart and a rare debt-free capital structure, evidenced by $495.5M in cash against zero total debt at 2026Q4 and total equity of $1.4B, which appears to give the company meaningful strategic optionality.

GrowthMixed
ProfitabilityNegative
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

UEC price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

2/12 Beats

EPS beat 2 of last 12 quarters

02

Valuation risk

-198% Peers

P/E is 198% below peer median

03

Market leadership

RS 14 · Lag

Laggard (Underperforming 86% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Dec 9
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Episodic revenue (four zero-revenue quarters within a ten-quarter window, peaking at $49.8M in 2025Q2) and gross margin deterioration from 36.6% to -173.4% suggest inventory monetization rather than a sustained production-driven trajectory.

Analyst Consensus+132.1% target
Buy(8 analysts)
7 Buy1 Hold0 Sell

The Bull Case

Upside Catalysts

Strong earnings performance

UEC's Q2 FY2026 earnings report reaffirmed a robust outlook, leading to a resumed uptrend in stock price.

Low production costs

Production costs are in the low $40s per pound, significantly below the average selling price above $100, ensuring profitability.

Government-supported industry

UEC operates in a sector where rare-earth metals are in high demand and development is government-supported.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
UEC-47.22%
S&P 500 (^GSPC)+7.63%
1-Year Return
UEC-43.37%
S&P 500 (^GSPC)+9.69%
3-Year Return
UEC+25.36%
S&P 500 (^GSPC)+78.89%
5-Year Return
UEC+36.22%
S&P 500 (^GSPC)+67.01%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-25.0x
Forward P/E
N/A
EV/EBITDA
N/A
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-25.0x
216.5x
0th· Low
EV/EBITDA
N/A
116.7x
N/A
Price/FCF
N/A
18.3x
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$0.30-95.7%
Base (Fair)$6.43-7.1%
Bull$0.30-95.7%
$0.30 Bear$6.43 Base$0.30 Bull
Current Market Price: $6.92
Trades at a 7.6% premium to Base DCF ($6.43)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY26
$37M-44.3% YoY
Net income FY26
-$137M-56.6% YoY
Free cash flow FY26
-$107M-53.0% YoY
Operating margin FY26
-357.4%-247.7 pts YoY
ROIC (FY26)-11.6%
Avg ROIC 5Y-6.2%
ROE (TTM)-9.9%
Piotroski Score2 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate2/12 (17%)
Revenue Beat Rate3/12 (50%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Sep 29, 2026
-$0.07-81.3%
vs -$0.04
$17M+90.0%
vs $9M
Q3 2026
Jun 9, 2026
-$0.07-137.3%
vs -$0.03
—
vs $9M
Q2 2026
Mar 10, 2026
-$0.03+50.0%
vs -$0.06
$20M+67.0%
vs $12M
Q4 2025
Dec 10, 2025
-$0.02-53.3%
vs -$0.01
—
vs $6M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
PRNewsWire·3d ago
Uranium Energy Corp Signs Unhedged Long-Term Sales Contracts with Two Prominent U.S. Utilities

NYSE American: UEC 1.1 million pounds delivered over six years, with no floors, ceilings, discounts or fixed pricing Every pound delivered at market prices, extending UEC's unhedged strategy that delivered a peer-leading average price of $93.13 per pound in fiscal year 2026 CORPUS CHRISTI, Texas, Nov. 5, 2026 /PRNewswire/ -- Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC") is pleased to announce that the Company's subsidiary UEC US Uranium LLC has entered into definitive long-term sales agreements with two prominent U.S. nuclear utilities. The supply contracts cover a total of 1,100,000 pounds of uranium concentrates (U3O8) to be delivered over six years.

Zacks Investment Research·Oct 29, 2026
Why Is Uranium Energy (UEC) Down 11.8% Since Last Earnings Report?

Uranium Energy (UEC) reported earnings 30 days ago. What's next for the stock?

TheNewswire·Oct 28, 2026
Uranium One Mining Corp. Announces Amendment to Share Exchange Agreement in Connection with Acquisition of the Foghorn and Pasfield Lake Properties

Vancouver, BC – October 28, 2026 – TheNewswire - Uranium One Mining Corp. (“Uranium One” or the “Company”) ( UUU: CSE | UUUFF: OTCID | SL51: Frankfurt ) is pleased to announce that it has entered into an amending agreement (the “Amending Agreement” ) dated effective October 27, 2026, with 1583644 B.C. Ltd. (“ NumberCo ”), a private corporation incorporated under the laws of British Columbia, and the shareholders of NumberCo (the “ NumberCo Shareholders ”), amending the share exchange agreement dated effective June 26, 2026 (the “ Share Exchange Agreement ”) among the Company, NumberCo and the NumberCo Shareholders, pursuant to which Uranium One will acquire all of the issued and outstanding common shares of NumberCo (the “ Transaction ”) in exchange for an aggregate of 27,060,000 common shares of Uranium One (the “ Consideration Shares ”).

Fool - Investing News·Oct 22, 2026
Uranium Is Near $90 a Pound. Here's My Prediction for What's Ahead for the Fuel.

Nuclear energy is enjoying a resurgence, and uranium prices have risen as a result.

Filtered for Uranium Energy Corp.More Headlines
04

Compare before deciding

Benchmark UEC against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Uranium Energy Corp. (UEC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
UEC logoUECUranium Energy Corp.Current
$6.92$3.42B-24.97-44.27%-368.62%-9.95%—
URG logoURGUr-Energy Inc.
$0.74$295.26M-3.34-19.28%-252.34%-110.66%—
EU logoEUenCore Energy Corp.
$0.63$122.38M-1.961.51%-112.82%-23.47%—
UUUU logoUUUUEnergy Fuels Inc.
$6.66$1.66B-14.52-15.61%-99.99%-14.77%—
DNN logoDNNDenison Mines Corp.
$2.19$1.98B-48.0822.25%-1436.72%-18.22%—
LTBR logoLTBRLightbridge Corporation
$4.20$147.62M-5.39——-12.33%—

Compare UEC vs Peers

Uranium Energy Corp. (UEC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs URG

Most directly comparable listed peer for UEC.

Scale Benchmark

vs CEG

Larger-name benchmark to compare UEC against a more recognizable public peer.

Peer Set

Compare Top 5

vs URG, EU, UUUU, DNN

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

UEC SEC Filings & Documents

Uranium Energy Corp. (UEC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Sep 29, 2026·SEC

Material company update

Jun 9, 2026·SEC

Material company update

May 28, 2026·SEC

10-K Annual Reports

3
FY 2026

Sep 29, 2026·SEC

FY 2025

Sep 24, 2025·SEC

FY 2024

Sep 27, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jun 9, 2026·SEC

FY 2026

Mar 10, 2026·SEC

FY 2025

Dec 10, 2025·SEC

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UEC Frequently Asked Questions

Uranium Energy Corp. (UEC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Uranium Energy Corp.'s revenue?

Uranium Energy Corp. (UEC) reported $37.3M in revenue in fiscal year 2026, which is also its trailing twelve months. That is 22439659% more than the $0.0M of fiscal year 2004.

How fast is Uranium Energy Corp. growing?

Uranium Energy Corp. (UEC) revenue fell by 44.3% over the trailing twelve months, compared with the twelve months before.

Is UEC profitable?

No. Uranium Energy Corp. (UEC) reported a net loss of $137.3M over the trailing twelve months.

Dividend & Returns
What is UEC's return on equity?

Uranium Energy Corp. (UEC) had a return on equity (ROE) of -9.9% over the trailing twelve months. A negative ROE means the company lost money over the period.

What is Uranium Energy Corp.'s free cash flow?

Uranium Energy Corp. (UEC) had negative free cash flow of $8.8M over the trailing twelve months.

What if you invested $1,000 in UEC back in 2004?

Total return calculator · dividends reinvested · 22+ years of data

See returns →