12 Best Nuclear Energy Stocks to Buy Now

9. Energy Fuels Inc. (NYSE:UUUU)

Number of Hedge Fund Holders: 38

On January 28, 2026, Roth Capital analyst Joe Reagor upgraded Energy Fuels Inc. (NYSE: UUUU) to Neutral from Sell and raised the firm’s price target to $15.50 from $13. The analyst acknowledged that valuation looks stretched, but said strong market sentiment and a rising uranium spot price could offset any near-term pullback. Roth Capital added that upcoming catalysts and sentiment trends appear skewed to the upside in the near term.

On January 23, 2026, Canaccord raised its price target on Energy Fuels to C$37 from C$26 and reiterated a Buy rating. A few days earlier, on January 20, 2026, B. Riley lifted its price target to $27 from $22 while maintaining a Buy rating. The firm noted that the stock has outperformed peers so far in 2026, driven by confidence in White Mesa’s rare earth refining capabilities and supportive U.S. policy aimed at securing critical minerals. B. Riley said full-year performance will hinge on execution, downstream M&A, offtake progress, terbium oxide validation, and a final investment decision on the Donald project.

Operational updates late last year also helped reinforce the bull case. In fourth-quarter 2025, Energy Fuels reported that it exceeded previously disclosed guidance for finished uranium production, mined uranium ore output, and uranium concentrate sales for the full year. The company’s Pinyon Plain Mine in Arizona and La Sal Complex in Utah mined more than 1.6 million pounds of uranium in 2025, topping the high end of prior guidance by 11%. The White Mesa Mill in Utah also produced over one million pounds of finished U3O8 during the year.

Energy Fuels Inc. (NYSE: UUUU) is a U.S.-focused uranium producer engaged in the extraction and recovery of uranium, operating across in-situ recovery and conventional uranium segments.