In this article, we discuss the 12 Best Uranium Stocks to Buy Right Now.
Uranium is back in the spotlight, as a surge in demand coupled with supply disruptions has made it one of the best-performing commodities in recent months. Looking ahead, the momentum is expected to continue, with nuclear power regaining favor as a clean energy alternative. Thus, the backdrop for the metal is stronger than it has been in years.
Challenges are noted on the supply side, with Cameco, one of the largest uranium producers, reporting production shortfalls at its McArthur River mine. Meanwhile, Kazakhstan’s Kazatomprom reduced its next year’s output estimates. Accordingly, analysts warn of a potential 20-million-pound gap compared to earlier forecasts. Moreover, speculative fund buying and small miners seeking long-term contracts are further tightening the market.
Prices have already begun a rising trajectory, climbing from $64/lb in March to $76.55/lb as of September 2, 2025. Looking ahead, Morgan Stanley forecasts $87/lb before Christmas, while Citi projects a potential climb to $100/lb. Citi, in a bullish scenario, projects prices as high as $125/lb, the strongest levels since 2007.
Thus, China’s nuclear expansion, small modular reactors, and enrichment “overfeeding” are a few drivers fueling uranium’s growth outlook. With this backdrop in mind, let’s move on to our list of the 12 Best Uranium Stocks to Buy Right Now.
Image by Markus Distelrath from Pixabay
Our Methodology
To curate our list of the 12 Best Uranium Stocks to Buy Right Now, we used the Finviz screener to extract a list of uranium companies. For these companies, we assessed hedge fund sentiment surrounding each stock. Finally, we ranked these companies in ascending order based on the number of hedge funds holding stakes in each stock as of Q2 2025.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
12. Uranium Royalty Corp. (NASDAQ:UROY)
Number of Hedge Fund Holders: 5
With significant hedge fund interest, Uranium Royalty Corp. (NASDAQ:UROY) secures a spot on our list of the 12 Best Uranium Stocks to Buy Right Now.
On August 20, 2025, Uranium Royalty Corp. (NASDAQ:UROY) renewed its at-the-market (ATM) equity program. With this renewal, the company enabled the sale of up to $54 million in common shares, providing itself with the flexibility to raise capital at prevailing market prices. The proceeds will be used to acquire additional royalties, streams, and physical uranium holdings, and to fulfill working capital needs.
The program, led by a syndicate of agents including BMO Capital Markets, Canaccord Genuity, and Raymond James, will become effective upon the filing of a prospectus supplement in both Canada and the U.S. With this move, Uranium Royalty Corp. (NASDAQ:UROY) aims to expand its uranium portfolio while sustaining its balance sheet strength to fuel the global clean energy transition.
Uranium Royalty Corp. (NASDAQ:UROY), the world’s only uranium-focused royalty and streaming company, offers investors exposure to uranium prices through royalties, streams, equity, and physical uranium holdings. It is one of the best uranium stocks.
11. NANO Nuclear Energy Inc. (NASDAQ:NNE)
Number of Hedge Fund Holders: 6
NANO Nuclear Energy Inc. (NASDAQ:NNE) is one of the 12 Best Uranium Stocks to Buy Right Now.
On September 4, 2025, NANO Nuclear Energy Inc. (NASDAQ:NNE) signed a landmark 10-year Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy’s Idaho National Laboratory (INL). With this agreement, the company plans to accelerate its advanced microreactor programs, including the stationary KRONOS MMR and portable LOKI MMR systems.
NANO Nuclear Energy Inc. (NASDAQ:NNE) aims to leverage INL’s world-class expertise in reactor design, materials testing, licensing, and deployment. The company perceives this move as a critical step toward commercialization, positioning NANO Nuclear to deliver resilient, modular, and clean energy solutions for defense, government, AI datacenters, and commercial markets.
NANO Nuclear Energy Inc. (NASDAQ:NNE) provides safe, modular, and clean energy for diverse global applications with its advanced nuclear technologies, which include microreactors and fuel solutions. It is one of the best uranium stocks.
10. enCore Energy Corp. (NASDAQ:EU)
Number of Hedge Fund Holders: 9
With significant hedge fund interest, enCore Energy Corp. (NASDAQ:EU) secures a spot on our list of the 12 Best Uranium Stocks to Buy Right Now.
On September 2, 2025, enCore Energy Corp. (NASDAQ:EU)’s Dewey Burdock ISR Uranium Project in South Dakota received acceptance into the U.S. Federal Permitting Improvement Steering Council’s Fast-41 Program, which is a key initiative under President Trump’s executive order to accelerate American mineral production, first licensed by the NRC in 2014. The project will advance through expedited federal review with the NRC as the lead agency.
Meanwhile, enCore Energy Corp. (NASDAQ:EU) believes that Dewey Burdock will bolster the U.S. nuclear fuel supply chain, strengthening domestic energy security and delivering economic benefits to South Dakota communities while employing environmentally responsible ISR technology.
enCore Energy Corp. (NASDAQ:EU), a U.S. uranium company, utilizes In-Situ Recovery to provide clean, reliable, and affordable fuel for nuclear energy. It is one of the best uranium stocks.
9. Ur-Energy Inc. (NYSE:URG)
Number of Hedge Fund Holders: 22
Ur-Energy Inc. (NYSE:URG) is one of the 12 Best Uranium Stocks to Buy Right Now.
On September 5, 2025, H.C. Wainwright reaffirmed its ‘Buy’ rating on Ur-Energy Inc. (NYSE:URG) with a $2.70 price target. The bullish stance is attributed to the company’s stronger financial performance and strategic positioning.
Ur-Energy Inc. (NYSE:URG) reported strong second-quarter 2025 results, thanks to lower production costs at operations like Lost Creek, which resulted in a sharp year-over-year increase in revenue and gross margins. The investment firm expressed optimism over the company’s flexibility in its contract portfolio, leaving the company with room to capitalize on future market opportunities. Moreover, there’s renewed hope for increased uranium demand, which stems from the U.S. Department of Energy’s uranium programs. Meanwhile, the company’s strong asset portfolio, along with robust cash flow, keeps investors’ confidence high.
Ur-Energy Inc. (NYSE:URG), a uranium recovery and processing company, focuses on exploration, development, and production of uranium mineral properties. It is one of the best uranium stocks.
8. Energy Fuels Inc. (NYSE:UUUU)
Number of Hedge Fund Holders: 24
With significant hedge fund interest, Energy Fuels Inc. (NYSE:UUUU) secures a spot on our list of the 12 Best Uranium Stocks to Buy Right Now.
On August 26, 2025, Energy Fuels Inc. (NYSE:UUUU) announced the signing of a Memorandum of Understanding with Vulcan Elements to build a secure U.S.-based rare earth magnet supply chain. With this move, the company aims to reduce reliance on China, delivering high-purity neodymium-praseodymium (NdPr) and dysprosium (Dy) oxides from its White Mesa Mill in Utah for validation in Q4 2025.
Under this move, Energy Fuels Inc. (NYSE:UUUU) aims to pave the way for long-term supply agreements and strengthen its supply resilience for critical technologies spanning defense, AI, semiconductor, and electric vehicles, leveraging its position as the only U.S. producer of separated rare earth oxides and Vulcan’s North Carolina magnet manufacturing facility.
Energy Fuels Inc. (NYSE:UUUU), a U.S.-based critical minerals company, produces uranium, rare earth elements, vanadium, heavy mineral sands, and medical isotopes for clean energy, defense, and healthcare applications. It is one of the best uranium stocks.
7. Centrus Energy Corp. (NYSE:LEU)
Number of Hedge Fund Holders: 27
Centrus Energy Corp. (NYSE:LEU) is one of the 12 Best Uranium Stocks to Buy Right Now.
On August 25, 2025, Centrus Energy Corp. (NYSE:LEU) finalized a Memorandum of Understanding with Korea Hydro & Nuclear Power (KHNP) and POSCO International to explore investment in expanding its uranium enrichment plant in Piketon, Ohio.
With this agreement, Centrus Energy Corp. (NYSE:LEU) increased supply volumes under its February 2025 contract with KHNP, with expansion plans hinging on federal funding from the U.S. Department of Energy. Furthermore, the company pledged to provide matching support through private capital and utility commitments. While the agreement strengthens U.S.-Korea nuclear cooperation, it positions Centrus to deliver LEU and HALEU for current and next-generation reactors.
Centrus Energy Corp. (NYSE:LEU), a nuclear fuel and services supplier, leads efforts to restore U.S. uranium enrichment capacity and advance HALEU production for clean energy and national security needs. It is one of the best uranium stocks.
6. Denison Mines Corp. (NYSE:DNN)
Number of Hedge Fund Holders: 27
With significant hedge fund interest, Denison Mines Corp. (NYSE:DNN) secures a spot on our list of the 12 Best Uranium Stocks to Buy Right Now.
On August 15, 2025, Denison Mines Corp. (NYSE:DNN) closed a $345 million upsized convertible notes offering. With this close, the company secured net proceeds of about $333 million to advance its flagship Wheeler River uranium project. The offering, which features a 4.25% coupon and a capped call strategy, saves over $100 million in interest while minimizing dilution risk.
Meanwhile, on August 18, 2025, National Bank raised its price target on Denison Mines Corp. (NYSE:DNN) to $4.57 from $4.40, keeping an ‘Outperform’ rating. With a strengthened balance sheet and renewed analyst confidence, the company looks to gain momentum as it positions for a final investment decision on its Phoenix ISR uranium mine.
Denison Mines Corp. (NYSE:DNN), a Canadian uranium mining and development company, focuses on advancing its Wheeler River Project in Saskatchewan’s Athabasca Basin. It is one of the best uranium stocks.
5. BHP Group Limited (NYSE:BHP)
Number of Hedge Fund Holders: 29
BHP Group Limited (NYSE:BHP) is one of the 12 Best Uranium Stocks to Buy Right Now.
BHP Group Limited (NYSE:BHP) priced a $1.5 billion senior unsecured bond offering in the U.S. market through its subsidiary BHP Billiton Finance (USA) Limited on September 2, 2025. The offering includes $500 million in 10-year bonds at a 5.000% fixed coupon maturing in 2036 and $1 billion in 30-year bonds at 5.750% maturing in 2055.
The bonds, guaranteed by BHP Group Limited (NYSE:BHP), were filed under its U.S. debt registration statement with the SEC on August 20. Proceeds will fund the company’s general corporate operations, with settlement expected on September 5, pending customary closing conditions.
BHP Group Limited (NYSE:BHP), one of the biggest natural resources companies in the world, focuses on the mining of copper, iron ore, coal, gold, uranium, nickel, silver, zinc, lead, cobalt, and molybdenum. It is one of the best uranium stocks.
4. Uranium Energy Corp. (NYSE:UEC)
Number of Hedge Fund Holders: 32
With significant hedge fund interest, Uranium Energy Corp. (NYSE:UEC) secures a spot on our list of the 12 Best Uranium Stocks to Buy Right Now.
On September 2, 2025, Uranium Energy Corp. (NYSE:UEC) launched United States Uranium Refining & Conversion Corp. (UR&C), which is a subsidiary established to advance plans for America’s largest uranium refining and conversion facility. The facility, which is designed with Fluor Corporation, expects to produce approximately 10,000 MtU annually as UF₆. With this move, the company expects to address a major supply bottleneck and position itself as the only fully integrated U.S. uranium company.
Meanwhile, the company’s share price reached its all-time high of $11.40 on September 3. Looking ahead, Uranium Energy Corp. (NYSE:UEC) looks to be in a strong position with a beta of 1.44 and a robust current ratio of 10.11, as it aligns with U.S. policy to expand nuclear capacity and strengthen energy security.
Uranium Energy Corp. (NYSE:UEC), the largest U.S.-based uranium supplier, aims to advance ISR mining projects domestically and high-grade conventional projects in Canada to fuel clean, reliable nuclear energy. It is one of the best uranium stocks.
3. NexGen Energy Ltd. (NYSE:NXE)
Number of Hedge Fund Holders: 40
NexGen Energy Ltd. (NYSE:NXE) is one of the 12 Best Uranium Stocks to Buy Right Now.
NexGen Energy Ltd. (NYSE:NXE) reported a major uranium discovery on August 28, 2025, at its Patterson Corridor East project, which features high-grade mineralization at just 454.5 meters, the shallowest yet. Despite the persistence of strong alteration and structural disruptions, the company describes the project as evolving into a “world-class system,” with drilling indicating further potential.
Meanwhile, on the same day, Raymond James reaffirmed its ‘Buy’ rating on NexGen Energy Ltd. (NYSE:NXE) with a $9.03 price target, as the company looks well-positioned to strengthen its role in meeting surging uranium demand.
With its Rook I Project in Saskatchewan’s Athabasca Basin, which is home to the high-grade Arrow Deposit, NexGen Energy Ltd. (NYSE:NXE) explores and develops uranium properties. It is one of the best uranium stocks.
2. BWX Technologies, Inc. (NYSE:BWXT)
Number of Hedge Fund Holders: 52
With significant hedge fund interest, BWX Technologies, Inc. (NYSE:BWXT) secures a spot on our list of the 12 Best Uranium Stocks to Buy Right Now.
BWX Technologies, Inc. (NYSE:BWXT) and Kairos Power partnered on September 3, 2025, to advance commercial-scale TRISO nuclear fuel production for Kairos Power’s reactor fleet and broader industry needs. The partnership features Kairos Power’s expertise in graphite pebble fuel and BWXT’s two decades of TRISO manufacturing experience, leveraging facilities in Albuquerque, Lynchburg, and BWXT’s production line.
With this move, BWX Technologies, Inc. (NYSE:BWXT), alongside Kairos Power, aims to optimize process automation, supporting the Hermes 2 Demonstration Plant, and establish a new TRISO fabrication facility. Both companies have set goals to achieve a cost-efficient, high-quality TRISO fuel supply, strengthening the advanced nuclear sector’s path to commercialization.
BWX Technologies, Inc. (NYSE:BWXT) delivers safe, affordable, and scalable clean energy for deep decarbonization by developing advanced nuclear technology centered on its fluoride salt-cooled, high-temperature reactor (KP-FHR). It is one of the best uranium stocks.
1. Cameco Corporation (NYSE:CCJ)
Number of Hedge Fund Holders: 77
Cameco Corporation (NYSE:CCJ) is one of the 12 Best Uranium Stocks to Buy Right Now.
On August 29, 2025, BMO Capital raised its price target on Cameco Corporation (NYSE:CCJ) from $79.49 to $86.72, maintaining an ‘Outperform’ rating. This price revision comes despite the company’s warning of a 19% production cut at McArthur River. While the impact on EBITDA is projected to be less significant, higher third-party U3O8 purchases could reduce free cash flow by 5%.
At the same time, the investment firm emphasized that the deepening uranium supply deficit, which is expected to result in stronger prices ahead of the World Nuclear Symposium, can spark fresh contracting activity, bolstering investor confidence in uranium producers, such as Cameco Corporation (NYSE:CCJ).
Cameco Corporation (NYSE:CCJ) is focused on exploration, mining, refining, conversion, and fabrication of uranium concentrate, serving global nuclear energy markets through its Uranium and Fuel Services segments. It is one of the best uranium stocks.
While we acknowledge the potential of CCJ to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CCJ and that has 100x upside potential, check out our report about this cheapest AI stock.
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