Roth/MKM Upgrades Energy Fuels (UUUU) to Buy

Roth/MKM analyst Joe Reagor upgraded Energy Fuels (NYSE: UUUU) from Neutral to Buy with a price target of $16.00.

The analyst comments: “On August 5, 2026, UUUU released its operating and financial results for Q2 2026. Results were below our expectations, but this did not materially impact our valuation. As such, we are maintaining our $16.00 price target, while also upgrading to Buy on valuation and long-term potential.

We are upgrading Energy Fuels from Neutral to Buy as its valuation has returned to more normalized mining industry metrics and multiples, while the company has also strengthened its long-term outlook, in our opinion. We note that Energy Fuels is on the cusp of completing multiple acquisitions that would allow it to control a full mine to magnet supply chain. We believe that this makes Energy Fuels a unique and critical aspect of the U.S. movement to reshore supply chains for key technologies. We also note that the company has arranged strong government funding support for its long-term goals and that there remains potential for additional government funding.”

For an analyst ratings summary and ratings history on Energy Fuels click here. For more ratings news on Energy Fuels click here.

Shares of Energy Fuels closed at $12.90 yesterday.

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