12 Best Nuclear Energy Stocks to Buy Now

6. Uranium Energy Corp. (NYSE:UEC)

Number of Hedge Fund Holders: 41

On February 4, Goldman Sachs lifted its price target on Uranium Energy Corp. (NYSE:UEC) to $18 from $16 and reiterated its Buy rating. In its latest research note, the firm pointed to updates from the February Global Reactor Tracker, which outlines recent activity across North America, Europe, and Asia. The analysts also highlighted the strong rally in uranium spot prices at the start of the year and shared updated mark-to-market pricing expectations heading into the company’s Q4 earnings report.

Uranium Energy Corp. (NYSE:UEC)’s fiscal first-quarter 2026 results showed 1.36 million pounds of U3O8 in inventory, all of it unhedged. That structure gives the company direct exposure to spot uranium prices, with little insulation from short-term swings. As uranium markets have tightened, that lack of hedging has increasingly stood out as a potential lever to upside if prices remain firm or move higher.

Uranium Energy Corp. (NYSE:UEC) is a U.S.-focused uranium producer with operations centered on in-situ recovery projects in Wyoming and Texas. The company is viewed as one of the few newer uranium suppliers globally.