Energy Fuels Shares Rise 8% on Analyst Upgrade

HC Wainwright raises price target on the uranium mining company's stock

Published on Mar. 2, 2026

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Shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU) jumped 8% during mid-day trading on Monday after investment firm HC Wainwright raised its price target on the stock from $26.75 to $27.25. HC Wainwright maintained its buy rating on the uranium mining company.

Why it matters

Energy Fuels is one of the leading uranium producers in the United States, operating the only conventional uranium mill currently permitted and running in the country. Analyst upgrades and price target increases can signal growing investor confidence in the company's prospects, which could boost its stock price and access to capital.

The details

The stock traded as high as $23.14 and closed at $23.03, up from its previous close of $21.32. Trading volume was down 64% from the stock's average daily volume. In addition to the HC Wainwright upgrade, other analysts have also issued positive ratings and price targets on Energy Fuels in recent months, including a buy rating and $30 target from The Goldman Sachs Group and a neutral rating and $15.50 target from Roth Mkm.

  • Energy Fuels stock rose 8% during mid-day trading on Monday, March 2, 2026.

The players

Energy Fuels Inc.

A U.S.-based mineral resources company focused on the production and processing of uranium, rare earth elements and other strategic minerals. The company operates the only conventional uranium mill currently permitted and running in the United States.

HC Wainwright

An investment firm that raised its price target on Energy Fuels' stock from $26.75 to $27.25 while maintaining a buy rating.

The Goldman Sachs Group

An investment bank that initiated coverage on Energy Fuels with a buy rating and $30 price target.

Roth Mkm

An investment firm that upgraded its rating on Energy Fuels from sell to neutral and raised its price target to $15.50.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

The analyst upgrades and price target increases on Energy Fuels' stock reflect growing investor confidence in the company's position as a leading domestic uranium producer. This could signal potential upside for the stock as the company continues to navigate the evolving uranium market.