Uranium Energy Corp. (UEC) Stock Price & Analysis
Uranium Energy Corp. (UEC) closed at USD 7.48 on Thursday, October 22, 2026, down 5.32% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 7.9; the Oct 22, 2026 session ranged USD 7.4–7.77 on volume of 8,552,301 shares. Market capitalization is $3.71B, with a 52-week range of USD 7.27–20.34 (ASE). Source: Nexqual, retrieved October 23, 2026 at 09:59 UTC.
Also available as compact Markdown for AI agents: nexqual.com/UEC.md
Key facts (UEC)
- Last four reported quarters (through Jul 31, 2026): revenue $37.3M, net income -$137M (-368.6% margin), free cash flow -$107M (SEC filings).
- Analysts: Buy (mean 2.09 on a 1–5 scale) (11 analysts), mean target USD 16.03 (range 10–26.75).
- Total return with dividends: 1Y -43.8% vs S&P 500 +14.9%; 5Y +90.8% vs S&P 500 +80.3%.
- Next earnings: 2026-12-08, EPS estimate USD -0.01, revenue estimate $9.5M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (UEC)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $23.2M | $164M | $224K | $66.8M | $37.3M | $37.3M |
| Gross profit | $7.3M | $49.7M | $37K | $24.5M | $16.9M | — |
| Operating income | -$22.7M | $8.9M | -$56.4M | -$73.3M | -$133M | -$133M |
| Net income | $5.3M | -$3.3M | -$29.2M | -$87.7M | -$137M | -$137M |
| EPS (diluted) | $0.02 | -$0.01 | -$0.07 | -$0.20 | -$0.28 | — |
| Free cash flow | -$53.6M | $72.0M | -$108M | -$69.9M | -$107M | -$107M |
| Gross margin | 31.5% | 30.2% | 16.5% | 36.6% | 45.4% | — |
| Operating margin | -98.1% | 5.4% | -25179.5% | -109.7% | -357.4% | -357.4% |
| Net margin | 22.7% | -2.0% | -13045.1% | -131.1% | -368.6% | -368.6% |
| Revenue growth | — | +609.8% | -99.9% | +29737.9% | -44.3% | — |
| Cash + short-term investments | — | $45.6M | $87.5M | $149M | $495M | — |
| Total debt | $0K | — | — | — | — | — |
Fiscal years end Jul. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jul 31, 2026) (UEC)
P/S 99.5x · P/B 2.7x · FCF yield -2.90% · Earnings yield -3.70%
Analysts (UEC)
Consensus Buy (mean 2.09 on a 1–5 scale), 11 analysts; mean target USD 16.03 (low 10, high 26.75).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-02 | RBC Capital | Initiated | Sector Perform | $10 |
| 2026-09-30 | HC Wainwright & Co. | Reiterated | Buy | $26.75 |
| 2026-09-03 | Jefferies | Initiated | Hold | $11.5 |
Total return (dividends reinvested) (UEC)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -43.8% | +90.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -44.0% | +13.8% |
| Volatility (annualized) | 77.9% | 68.9% |
| Max drawdown | -62.9% (Jan 2026→Oct 2026) | -60.5% (Apr 2022→May 2023) |
UEC revenue by business segment (quarter ended Jul 31, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Total revenue | $17.1M | 100% | — |
UEC revenue by product line (fiscal year ended Jul 31, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Sale Of Inventory | $37.3M | 100.0% | -44.3% |
| Total revenue | $37.3M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
UEC suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Solstice Advanced Materials Inc. (SOLS) | “Currently, the uranium we purchase is or will be stored at the licensed uranium conversion facilities at ConverDyn, located in Metropolis, Illinois, a joint partnership between Solstice Advanced Materials Inc. and General Atomics, and at the facilities owned by Cameco Corporation ("Cameco"), located in Ontario, Canada.” |
| Partner | CAMECO CORP (CCJ) | “In 1983, the Saskatchewan Mining and Development Corporation ("SMDC"), predecessor to Cameco, became the operator of the Dawn Lake Joint Venture.” |
| Partner | Saskatchewan Power | “In August 2026, we entered into a Definition Study Agreement with Saskatchewan Power Corporation to advance engineering, environmental assessment and community engagement work specifically for the connection of a high-voltage transmission line to the Roughrider Project.” |
| Partner | Adnani | “On July 24, 2013, we entered into a services agreement with Adnani Corp., as supplemented by letter agreements dated August 1, 2015 and September 24, 2024 (collectively the "Adnani Agreement").” |
Quoted from the company's 10-K filed Sep 29, 2026.
Companies that name UEC in their SEC reports
| Relationship to UEC | Company | Filing | Sentence |
|---|---|---|---|
| related | Uranium Royalty Corp. (UROY) | 10-K Jul 28, 2026 | “During the year ended April 30, 2024, Uranium Energy Corp. ("UEC"), a shareholder and related party of the Company, purchased 2,978,364 common shares in public offerings.” |
UEC customer concentration
In the period ended Jul 31, 2026, 6 direct customers each accounted for at least 10% (54%, 46%, 0%, 0%, 0%, 0%) of revenue, per the company's 10-K filed Sep 29, 2026. The company does not name them.
UEC company outlook (results filed Sep 29, 2026)
- “(" Fluor "), UR&C completed core execution plans, built a combined dedicated 63-member project team, began preparing its U.S.”
- “The Class IV cost estimate is expected to be completed by mid-2027. ● Wellfield Construction Underway at Ludeman, UEC ' s Next In-Situ Recovery ( " ISR " ) Mine: Installation of the monitoring, injection and recovery wells in the initial wellfield is underway.”
- “The Army anticipated more than 20 microreactors to be deployed through the Janus Program with all requiring unobligated U.S.-origin uranium and conversion services.”
- “United States Uranium Refining & Conversion Corp (UR&C) During fiscal 2026, UR&C advanced its planned uranium conversion facility across technology development, licensing and project execution, working with its engineering partner Fluor.”
Quoted word-for-word from the SEC 8-K results press release.
UEC analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Oct 2026) | $-0.01 | $0.00 | — | $9.5M | 2 |
| Next quarter (ends Jan 2027) | $-0.04 | $0.01 | -500.0% | $10.9M | 1 |
| Current fiscal year (ends Jul 2027) | $-0.23 | $-0.11 | +119.4% | $63.6M | 5 |
| Next fiscal year (ends Jul 2028) | $-0.07 | $0.01 | -840.0% | $177.2M | 5 |
UEC options: expected move
Options price a move of about ±21.3% (±$1.59) by Dec 18, 2026, which includes earnings on Dec 8, 2026; the earnings reaction alone is priced at about ±7.2%. Over the last 3 reports the stock moved ±10.8% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 66.2% | ±7.9% |
| Nov 6, 2026 | 14 | 64.8% | ±10.6% |
| Nov 13, 2026 | 21 | 67.3% | ±13.2% |
| Nov 20, 2026 | 28 | 68.2% | ±15.4% |
| Nov 27, 2026 | 35 | 64.5% | ±16.2% |
| Dec 18, 2026 | 56 | 67.8% | ±21.3% |
| Jan 15, 2027 | 84 | 63.8% | ±24.4% |
| Feb 19, 2027 | 119 | 65.9% | ±29.7% |
30-day implied volatility 63% vs 55.8% realized over the last 30 trading days. Put/call ratio (volume) 0.59. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:59 UTC)
| Price | USD 7.48 |
|---|---|
| Change | ▼ 5.32% (down) |
| Previous Close | USD 7.9 |
| Open | USD 7.75 |
| Day Range | USD 7.4 – 7.77 |
| 52-Week Range | USD 7.27 – 20.34 |
| Volume | 8,552,301 shares |
| Market Cap | $3.71B |
| Exchange | ASE |
Technical Analysis (UEC)
Nexqual's technical model rates UEC "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:59 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 26.65 (oversold) |
| vs SMA50 | Below (USD 10.28) |
| MACD | -0.71 (negative) |
Analyst Ratings (UEC)
Wall Street analysts rate UEC "Buy" based on 11 analysts, with a mean price target of USD 16.03 (range USD 10–26.75), per Nexqual as of October 23, 2026 at 09:59 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 11 |
| Mean Target | USD 16.03 |
| High Target | USD 26.75 |
| Low Target | USD 10 |
| Buy / Hold / Sell | 8 / 3 / 0 |
Earnings (UEC)
| Next Earnings Date | 2026-12-08 |
|---|---|
| EPS Estimate | USD -0.01 |
| Revenue Estimate | $9.50M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-07-31 | USD -0.12 vs est -0.05 ▼ miss |
| 2026-04-30 | USD -0.07 vs est -0.01 ▼ miss |
| 2026-01-31 | USD -0.04 vs est -0.01 ▼ miss |
| 2025-10-31 | USD -0.05 vs est -0.02 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:59 UTC.
Financials & Fundamentals (UEC)
| Total Revenue | $37.25M |
|---|---|
| Gross Margin | -183.96% |
| Operating Margin | -228.60% |
| Profit Margin | +0.00% |
| ROE | -11.64% |
| Debt / Equity | 0 |
| Current Ratio | 17.26 |
| Total Cash | $495.46M |
| Total Debt | $2.95M |
| Free Cash Flow (last four quarters to Jul 2026, SEC 10-Q / 10-K) | -$107.34M (-288.2% of revenue) |
Source: Nexqual, October 23, 2026 at 09:59 UTC.
Financial Health Score (UEC)
Nexqual rates Uranium Energy Corp.'s overall financial health "Weak" across five dimensions, as of October 23, 2026 at 09:59 UTC.
| Growth | Critical — Revenue -44% YoY (annual), sharp decline |
|---|---|
| Profitability | Critical — Heavily loss-making — early-stage company |
| Balance Sheet | Strong — $495M cash vs $3M debt, net cash position |
| Cash Flow | Weak — FCF negative: -$107M (last 4 quarters to Jul 2026, SEC), burning cash |
| Efficiency | Critical — ROE -12%, ROA -6.4% |
Ownership (UEC)
| Insider Ownership | +1.82% |
|---|---|
| Institutional Ownership | +90.39% |
| Shares Outstanding | 495.58M |
| Float | 486.45M |
| Short % of Float | +14.79% |
Source: Nexqual, October 23, 2026 at 09:59 UTC.
Leadership (UEC)
Uranium Energy Corp. is led by Amir Adnani, President, CEO & Director, per Nexqual as of October 23, 2026 at 09:59 UTC.
| President, CEO & Director | Amir Adnani |
|---|---|
| Secretary, Treasurer, CFO & Principal Accounting Officer | Josephine Man |
| Executive Vice President | Scott Eric Melbye |
| Senior Vice President of U.S. Operations | Brent D. Berg |
| Senior Vice President of Production Growth | Donna Lynn Wichers |
Major Backers & Investors (UEC)
Notable institutional backers of Uranium Energy Corp. include Price (T.Rowe) Associates Inc, Mirae Asset Global ETFs Holdings Ltd., Van Eck Associates Corporation, according to Nexqual as of October 23, 2026 at 09:59 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Price (T.Rowe) Associates Inc | 15.16% |
| Mirae Asset Global ETFs Holdings Ltd. | 7% |
| Van Eck Associates Corporation | 5.86% |
| GLOBAL X FUNDS-Global X Uranium ETF | 5.57% |
| T. Rowe Price | 3.79% |
| NORGES BANK | 3.53% |
| VanEck ETF Trust-VanEck Uranium and Nuclear ETF | 3.28% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 9.29% |
| BlackRock | 8.19% |
| State Street | 6.36% |
Source: Nexqual, October 23, 2026 at 09:59 UTC.
From Uranium Energy Corp.'s Latest SEC 10-K Filing (filed 2026-09-29)
Partnerships
- In August 2026, we entered into a Definition Study Agreement with Saskatchewan Power Corporation to advance engineering, environmental assessment and community engagement work specifically for the connection of a high-voltage transmission line to the Roughrider Project.
- In partnership with the DOE, four private advanced reactor developers demonstrated criticality by July 4, 2026, exceeding the goal of three criticalities established in Executive Order 14301, Reforming Nuclear Reactor Testing, at the DOE.
Legal & Regulatory Risks (Item 1A, quoted)
- We may be subject to litigation and regulatory and judicial proceedings, including third-party challenges to our permits and licenses, which could be costly, divert management attention and adversely affect our operations.
- Our business is subject to the U.S. Foreign Corrupt Practices Act and other extraterritorial and national anti-bribery laws and regulations, a breach or violation of which could lead to substantial sanctions and civil and criminal prosecution, as well as fines and penalties, litigation, loss of licenses or permits and other collateral consequences and reputational harm.
- The uranium industry is subject to numerous stringent laws, regulations and standards, including environmental protection laws and regulations. If any changes occur that would make these laws, regulations and standards more stringent, it may require capital outlays in excess of those anticipated or cause substantial delays in any of our projects, which would have a material adverse effect on our operations.
- Changes in government policies and regulations could have a material adverse effect on our business, financial condition and results of operations.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| NXE | Nexgen Energy Ltd. | USD 8.1 | ▼ 5.04% |
| LEU | Centrus Energy Corp. | USD 104.15 | ▼ 4.37% |
| UUUU | Energy Fuels Inc | USD 7.69 | ▼ 6.22% |
| DNN | Denison Mines Corp | USD 2.16 | ▼ 7.3% |
| UROY | Uranium Royalty Corp. | USD 3.38 | ▼ 1.17% |
| ISOU | IsoEnergy Ltd. | USD 8.02 | ▼ 5.87% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:59 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt