Uranium Energy Corp. (NYSE:UEC) reported a significant year-on-year decline in revenues for the second quarter of fiscal 2026. Still, the company is “well-funded to support its ongoing production ramp-up,” according to HC Wainwright analyst Heiko Ihle.
The Uranium Energy Analyst: Ihle reiterated a Buy rating and raised the price target from $26.50 to $26.75.
The Uranium Energy Thesis: The company reported revenues of $20.2 million and a net loss of $13.9 million. The year-ago quarter saw revenue of $49.8 million and net loss of $10.2 million.
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Uranium Energy’s operations are poised …