HC Wainwright raises target for Energy Fuels stock from USD 29.00 to USD 29.25

Published on 10/07/2026 at 04:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 25.11 million in the second quarter of 2026, up 496.00 percent year over year. For Energy Fuels stock, the loss was USD 33.60 million.

EFR, CA2926717083, Illustration mit AI erstellt.

HC Wainwright raised its price target for Energy Fuels stock from USD 29.00 to USD 29.25 on September 1, 2026, while keeping a Buy rating, according to Yahoo Finance. The move contrasts with a difficult second-quarter earnings profile and leaves the target materially above the latest market context.

Revenue surged, losses widened

Energy Fuels generated USD 25.11 million in revenue in the second quarter of 2026, a 496.00 percent year-over-year increase, while reporting a net loss of USD 33.60 million. TradingView reported that the company sold 310,000 pounds of uranium at an average realized price of USD 80.48 per pound, versus 50,000 pounds at USD 77.00 per pound in the year-ago quarter.

The operating picture is therefore mixed in a precise way: sales volume and revenue expanded sharply, but the loss widened to USD 0.13 per share from USD 0.10 per share in the comparable quarter. Higher transaction and integration costs added pressure as Energy Fuels expanded beyond uranium.

Production supports the expansion case

Uranium mined in the second quarter reached 315,000 pounds, lifting first-half 2026 production to 740,000 pounds. Finished uranium production reached 1.70 million pounds in the first half, above the low end of the full-year guidance range of 1.50 million to 2.50 million pounds for processed output, according to TradingView.

Energy Fuels also completed its acquisition of Australian Strategic Materials on August 28, 2026, adding mining, separation, metallization and alloy capabilities to its rare-earth platform, according to Energy Fuels. The strategic logic is clear, but the second-quarter loss shows that expansion spending remains a near-term earnings variable.

Targets meet a loss-making profile

MarketBeat reported on October 3, 2026, that five of seven covering firms rated the company Buy, one rated it Hold and one rated it Sell, producing an average 12-month target of USD 21.85. The consensus sits below the HC Wainwright target, while the reported loss and downward earnings revisions keep execution central to the valuation debate.

Prior close sets the market marker

The Lang & Schwarz prior close was EUR 10.13 on October 5, 2026. The primary listings are NYSE American under UUUU and TSX under EFR, while the TSX quotation closed at CAD 15.97 on October 6, 2026, according to the market quote context.

The further course of trading is shown by the continuously updated real-time quote of Energy Fuels stock.