Goldman Sachs Reiterates Buy Rating on Uranium Energy Corp (UEC)
Goldman Sachs analyst Brian Lee reiterated a Buy rating and $17.00 price target on Uranium Energy Corp (NYSE: UEC).
The analyst comments "UEC reported F4Q25 results that were relatively in-line with expectations, with the company deciding to continue withholding inventory sales, as expected, and production including precipitated uranium in-line with our forecast. Importantly, the company recorded total costs of ~$36/lb, which is relatively comparable to some of the largest producers in the world and was well below our more conservative ~$50/lb view. Additionally, as the company continues to increase its domestic uranium inventories, there continues to be discussion of the US Government getting more involved in supporting the domestic uranium industry, especially as the ongoing Section 232 investigation is set to conclude in the next month, which we view as a potential near-term catalyst for UEC."
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Shares of Uranium Energy Corp closed at $13.68 yesterday.