In this article, we will list the 5 Best Uranium Stocks to Buy According to Wall Street Analysts. Please visit 12 Best Uranium Stocks to Buy According to Wall Street Analysts if you would like to see the extended list and the methodology behind it.
5. Energy Fuels Inc. (NYSEAMERICAN:UUUU)
Stock Upside: 40.50%
Number of Hedge Fund Holders: 32
Energy Fuels Inc. (NYSEAMERICAN:UUUU) is one of the best uranium stocks to buy according to Wall Street analysts. On May 6, Energy Fuels Inc. (NYSEAMERICAN:UUUU) shared its Q1 FY2026 earnings where it reported $35.7 million in quarterly revenue. This income was a 112% year over year rise and also exceeded the $31.3 million analyst consensus estimate.
Management explained that the revenue surge came on the back of a shift in what the company sold, that is, in Q1 2025, Energy Fuels had no uranium revenue at all, its income came from heavy mineral sands operations, but in Q1 2026, uranium concentrate sales dominated. The company delivered 510,000 pounds of triuranium octoxide, or U3O8, to customers at a weighted average price of $70.04 per pound. Of those deliveries, 410,000 pounds went to long-term contract customers at $63.74 per pound, while 100,000 pounds were sold on the spot market at a higher $95.88 per pound.
Energy Fuels’ quarterly EPS was a net loss of $0.04. This performance undershot the $0.02-$0.03 per share range, in which analysts expected the EPS to fall. Be that as it may, the loss was a significant improvement from the $0.13 per share loss in Q1 2025. This year over year improvement reflects higher uranium revenues and a turnaround in operating cash flows, management noted.
Management reaffirmed its full-year 2026 guidance, which means they expect to mine a low of 2 million pounds and a high of 2.5 million pounds of U3O8. They also expected to produce between 1.5 to 2.5 million pounds and sell between 1.5 to 2.0 million pounds depending on spot market conditions.
Energy Fuels Inc. (NYSEAMERICAN:UUUU) is a uranium mining company engaged in the extraction, recovery, and processing of uranium for use in nuclear power generation. The company operates key uranium production assets in the United States, including the White Mesa Mill in Utah, which is the only conventional uranium mill operating in the country and also processes uranium-bearing materials from both domestic and international sources.
4. Centrus Energy Corp. (NYSE:LEU)
Stock Upside: 42.07%
Number of Hedge Fund Holders: 35
Centrus Energy Corp. (NYSE:LEU) is one of the best uranium stocks to buy according to Wall Street analysts. On May 5, Centrus Energy Corp. (NYSE:LEU) released its Q1 FY2026 financial results where it said it recorded $76.7 million in revenue for the quarter. This figure meant the company missed the analyst estimate of $78.4 million, though it was a 5% year over year increase.
The company detailed that income from the Low-Enriched Uranium (LEU) segment, which is its core division, declined 13% year over year to $44.6 million. Management explained that the sales decline was because the volume of separative work units (SWU), which is the key measure of enrichment services, sold dropped 47%, even though average SWU prices rose 52%. SWU volume is largely contract-driven and lumpy quarter to quarter, so this decline reflects timing rather than lost business, noted management.
What offset the LEU decline was a 47% surge in the Technical Solutions segment, Centrus said. This segment’s income grew to $32.1 million from $21.8 million in Q1 2025, which was driven by increasing activity under Centrus’s high-assay, low-enriched uranium, or HALEU, production contract with the US Department of Energy.
On EPS, the non-GAAP adjusted diluted figure came in at $1.05, which was a massive beat versus the consensus estimate of $0.33 to $0.53. However, GAAP diluted EPS fell to $0.45 from $1.60 in Q1 2025, because the company is now spending heavily on its plant expansion, noted management.
Centrus Energy Corp. (NYSE:LEU) is a nuclear fuel services company that supplies enriched uranium and related fuel cycle products to the commercial nuclear power industry. The company operates through its Low-Enriched Uranium and Technical Solutions segments, with its key activities centered on uranium enrichment and the production of high-assay low-enriched uranium.
3. NuScale Power Corporation (NYSE:SMR)
Stock Upside: 61.09%
Number of Hedge Fund Holders: 32
NuScale Power Corporation (NYSE:SMR) is one of the best uranium stocks to buy according to Wall Street analysts. On May 7, NuScale Power Corporation (NYSE:SMR) reported its Q1 FY2026 financial results, posting revenue of just $565,000. This was a massive decline from the $13.4 million recorded in Q1 2025.
According to management, the revenue collapse was a timing issue. That is, in Q1 FY2025, the company recognized a one-time $7.3 million payment from its Romanian partner RoPower under a technology license agreement. There were also substantial engineering fees from Fluor’s Front-End Engineering and Design, or FEED, Phase 2 work supporting the Romania project. Neither of these had a comparable equivalent in Q1 FY2026 as both programs concluded in late 2025.
The results also showed that the company posted a net loss of $0.14 per share against the $0.11 loss per share in Q1 FY2025. Management explained that this wider loss emanated from higher operating costs as the company ramps up commercial activities. Also, total operating losses deepened to $57.5 million from $35.3 million a year ago, and these were driven by R&D expenses, which rose $3.7 million, G&A costs, which crept up $1.6 million due to higher headcount and organizational expenses, and a catch-all “other expenses” line, which jumped $10 million because more engineering staff were deployed on internal project readiness work rather than billable commercial projects.
One positive offset was investment income, which nearly doubled to $10.8 million from $5.2 million a year ago. NuScale’s $1 billion cash reserve, which the company said was built through prior equity raises, generated meaningful returns in a higher-rate environment.
NuScale Power Corporation (NYSE:SMR) is a nuclear technology company. It develops small modular reactor technology designed to provide scalable, carbon-free baseload electricity generation. The company’s flagship product is the NuScale Power Module, a compact light-water reactor designed to generate electricity for utility-scale and industrial applications.
2. NANO Nuclear Energy Inc. (NASDAQ:NNE)
Stock Upside: 72.17%
Number of Hedge Fund Holders: 16
NANO Nuclear Energy Inc. (NASDAQ:NNE) is one of the best uranium stocks to buy according to Wall Street analysts. On May 6, NANO Nuclear Energy Inc. (NASDAQ:NNE) signed a non-binding Memorandum of Understanding (MoU) with Super Micro Computer, Inc. (NASDAQ:SMCI) to explore powering next-generation AI data centers with on-site nuclear energy. Super Micro is a global leader in high-performance AI server and data center infrastructure.
The basis for the MoU is that the AI boom is creating an electricity demand crisis for data centers. These installations require constant, high-density power around the clock, which solar, wind, or grid connections alone struggle to provide at scale. As such, the MoU allows the two companies to explore deploying NANO Nuclear’s microreactors directly on data center campuses to provide dedicated, grid-independent nuclear power. These microreactors will integrate Super Micro’s AI server racks. The companies will also jointly develop go-to-market strategies targeting hyperscale cloud operators, enterprise customers, and edge data center operators. The MoU’s ultimate goal is a vertically integrated, self-powered AI infrastructure model where a customer buys compute power and the energy to run it as a single, bundled solution.
NANO Nuclear’s lead product in this partnership is the KRONOS MMR Energy System. This system is a stationary high-temperature gas-cooled microreactor designed to produce 15 megawatts of electricity. The system is currently in construction permit pre-application engagement with the US Nuclear Regulatory Commission, and the development is a collaboration with the University of Illinois Urbana-Champaign.
NANO Nuclear Energy Inc. (NASDAQ:NNE) is an advanced nuclear technology company. It focuses on developing portable and micro nuclear reactor systems for commercial, industrial, and remote energy applications.
1. enCore Energy Corp. (NASDAQ:EU)
Stock Upside: 147.68%
Number of Hedge Fund Holders: 18
enCore Energy Corp. (NASDAQ:EU) is one of the best uranium stocks to buy according to Wall Street analysts. On April 20, enCore Energy Corp. (NASDAQ:EU) announced a leadership reset, where Richard H. Little took over as the new Chief Executive Officer and director. He replaced Robert Willette. At the same time, the company recalled its founder, William M. Sheriff, to steer the Board of Directors as the Executive Chair.
enCore’s Board framed the major reset as a “corporate renewal” effort, and that it was a response to the company losing momentum. The Board hopes that the reset will help the company to rebuild its operational and strategic footing, particularly around permitting delays that have been slowing the development of its key projects.
Richard Little brings over 30 years of experience in the resource industry, most of it in operational turnarounds and asset monetization. He previously steered Ajax Resources as its CEO, where he engineered a $1.24 billion sale of assets in the Northern Midland Basin to Diamondback Energy. Little also led the restructuring of Halcon Resources through a pre-packaged bankruptcy, where they eliminated over $750 million in debt before relisting the company on the NYSE as Battalion Oil.
According to the Board, Little’s immediate priorities are cost reduction and operational efficiency. He will also do a lot of hands-on engagement with regulators to accelerate permitting. On his part, William Sheriff returns to provide strategic direction alongside Little’s operational focus.
enCore Energy Corp. (NASDAQ:EU) is a uranium exploration and production company focused on advancing in situ recovery uranium operations in the United States. The company operates uranium projects in Texas and is developing additional uranium assets across several US states through its licensed production pipeline.
While we acknowledge the potential of EU 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 EU and that has 100x upside potential, check out our report about the cheapest AI stock.
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