Paladin Energy Ltd (PDN) AI Stock Analysis

• Market Cap: AU$4.88B
• Dividend Yield: N/A
• Average Volume (3M): 2.71M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.45
• Revenue Growth: N/A
• EPS Growth: -163.65%
• Country: AU
• Employees: 307
• Sector: Energy
• Sector Strength: 52
• Industry: Uranium
• EPS (TTM): -0.02
• Shares Outstanding: 449,328,430
• 10 Day Avg. Volume: 2,108,852
• 30 Day Avg. Volume: 2,712,315
• PEG Ratio: 0.24
• Price to Book (P/B): 2.06
• Price to Sales (P/S): 10.52
• P/FCF Ratio: -35.55
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$10.00
• Price Target Upside: -7.41% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 11
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: AU$10.00 ▼(-7.41% Downside)

The score is held back primarily by weak profitability and negative free cash flow despite a major FY2025 revenue ramp, which increases execution and funding risk. Offsetting this, technicals are in a clear uptrend and the earnings call indicated improving operational performance and supportive funding, while valuation remains challenged due to losses and no stated dividend yield.

Positive Factors

Record Production

Record production levels indicate strong operational performance and capacity to meet increasing demand, enhancing long-term revenue potential.

Equity Raising

The successful equity raising strengthens the balance sheet, providing financial flexibility to fund growth initiatives and mitigate execution risks.

Sustainability Initiatives

Commitment to sustainability and compliance with global standards enhances corporate reputation and aligns with evolving regulatory expectations.

Negative Factors

Weak Profitability

Weak profitability margins indicate challenges in cost management and pricing power, potentially impacting long-term financial health.

Negative Cash Flow

Consistent negative cash flow signals ongoing funding needs and execution risk, which could constrain future growth and operational stability.

Sales Volume Challenges

Unpredictable sales volumes due to logistical issues can lead to revenue volatility, affecting financial planning and investor confidence.

Paladin Energy Ltd Business Overview & Revenue Model

Company Description

Paladin Energy Limited develops, explores for, and operates uranium mines in Australia, Canada, and Africa. The company operates through Exploration, Namibia, and Australia segments. Its flagship project is the Langer Heinrich mine located in the Namib Desert in Namibia. The company also holds 70% interest in the Michelin project that covers an area of 52,250 hectares located in Labrador, Canada; and 100% interest in the Mount Isa project that consists of six mineral development licenses located in Queensland, Australia. In addition, it holds 100% interest in the Manyingee project comprising three mining licenses and two exploration licenses covering an area of 1,307 hectares located in the north-west of Western Australia; and the Carley Bore project that consists of two contiguous exploration licenses with granted retention status in Western Australia. The company was formerly known as Paladin Resources Ltd and changed its name to Paladin Energy Limited in November 2007. Paladin Energy Limited was incorporated in 1993 and is based in Perth, Australia.

How the Company Makes Money

Paladin Energy Ltd makes money through the extraction and sale of uranium, which is primarily used as fuel for nuclear power plants. The company's revenue model revolves around mining uranium ore, processing it into uranium oxide concentrate, and selling it to utility companies and other entities involved in nuclear energy production. Key revenue streams include long-term supply contracts with energy companies, spot market sales, and strategic partnerships with other mining and energy firms. Factors contributing to its earnings include uranium market prices, production efficiency, and the operational status of its mining projects.

Paladin Energy Ltd Financial Statement Overview

Summary

Paladin Energy Ltd is facing significant financial challenges characterized by a lack of revenue generation, persistent net losses, and cash flow difficulties. While the balance sheet shows some positive aspects in terms of equity, the negative trends in cash flow and income suggest that the company needs to address its operational inefficiencies and improve its financial performance to ensure long-term sustainability.

Income Statement

Paladin Energy Ltd shows significant challenges in its income statement with no revenues in recent years and consistent negative gross profits. The company has experienced substantial net losses, although there is a notable improvement in net income for 2024. The absence of revenue hinders the calculation of key profitability metrics like gross and net profit margins.

Balance Sheet

The balance sheet reveals a reasonably strong equity position with stockholders' equity consistently exceeding total debt, reflected in a moderate debt-to-equity ratio. However, the company has experienced a decline in cash reserves over recent years and a consistent increase in debt levels, which may present liquidity concerns if not managed effectively.

Cash Flow

The cash flow statement indicates ongoing negative free cash flow, highlighting cash outflows surpassing inflows, especially due to negative operating cash flow. Although capital expenditures are relatively low, the company's cash burn rate remains concerning, with a substantial negative operating cash flow to net income ratio, indicating inefficient cash management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	177.68M	177.68M	0.00	0.00	4.70M	2.98M
Gross Profit	4.10M	4.10M	-7.54M	-6.67M	7.00K	-3.00M
EBITDA	-30.37M	-30.37M	-17.44M	-17.94M	-11.72M	-11.80M
Net Income	-44.64M	-44.64M	81.84M	-10.57M	-26.74M	-43.98M
Balance Sheet
Total Assets	1.13B	1.13B	621.78M	473.05M	699.48M	481.07M
Cash, Cash Equivalents and Short-Term Investments	89.05M	89.05M	48.86M	126.64M	258.95M	30.66M
Total Debt	197.09M	197.09M	167.35M	90.49M	115.60M	92.68M
Total Liabilities	324.32M	324.32M	223.97M	137.96M	178.26M	152.45M
Stockholders Equity	907.42M	907.42M	471.79M	407.57M	600.64M	377.25M
Cash Flow
Free Cash Flow	9.69M	-52.58M	-65.42M	-12.02M	-11.00M	-66.29M
Operating Cash Flow	30.52M	-3.80M	-48.12M	-9.38M	-9.37M	-64.79M
Investing Cash Flow	8.14M	26.60M	-94.65M	-35.79M	11.96M	-2.21M
Financing Cash Flow	30.00M	14.65M	65.92M	85.00K	157.40M	1.20M

Paladin Energy Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:PDN, the sentiment is Positive. The current price of 10.8 is above the 20-day moving average (MA) of 9.36, above the 50-day MA of 8.72, and above the 200-day MA of 7.39, indicating a bullish trend. The MACD of 0.58 indicates Negative momentum. The RSI at 68.37 is Neutral, neither overbought nor oversold. The STOCH value of 80.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:PDN.

Paladin Energy Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
DYL	57 Neutral	AU$2.00B	281.08	1.08%	―	-100.00%	―
PDN	55 Neutral	AU$4.88B	-61.50	-6.47%	―	―	-163.65%
BMN	52 Neutral	AU$776.63M	-152.44	-2.73%	―	―	60.83%
BKY	46 Neutral	AU$249.92M	-45.90	-6.30%	―	―	-67.12%
EL8	46 Neutral	AU$158.43M	-9.50	-69.11%	―	―	1.38%
ERA	37 Underperform	AU$1.22B	―	―	―	-100.00%	98.06%

Paladin Energy Ltd Corporate Events

Paladin Energy Issues 954,183 Unquoted Performance Rights Under Incentive Plan

Paladin Energy Ltd has issued 954,183 unquoted performance rights under its employee incentive scheme, effective 30 December 2025. The move underscores the company’s ongoing use of equity-based remuneration to align staff incentives with long-term shareholder value, though the new securities will not be quoted on the ASX, limiting immediate market tradability while still contributing to potential future dilution and staff retention objectives.

The most recent analyst rating on (AU:PDN) stock is a Hold with a A$9.05 price target. To see the full list of analyst forecasts on Paladin Energy Ltd stock, see the AU:PDN Stock Forecast page.

Paladin Energy to Webcast AGM Proceedings

Paladin Energy Ltd announced that it will webcast its Annual General Meeting (AGM), allowing shareholders to listen and submit questions online. However, voting will not be available through the webcast, and shareholders must follow proxy voting instructions to participate in the voting process at the physical AGM.

The most recent analyst rating on (AU:PDN) stock is a Buy with a A$10.40 price target. To see the full list of analyst forecasts on Paladin Energy Ltd stock, see the AU:PDN Stock Forecast page.

Paladin Energy Releases FY2025 Sustainability Report

Paladin Energy Ltd has released its FY2025 Sustainability Report, highlighting its performance on key sustainability topics and its progress towards meeting the Australian Sustainability Reporting Standard by FY2026. The report also covers the acquisition of Fission Uranium Corp., now Paladin Canada Inc., and includes data on sustainability-related activities across its global operations. Paladin is committed to aligning with international standards such as the Global Reporting Initiative and the Sustainability Accounting Standards Board, and is preparing for mandatory climate-related reporting in Australia.

The most recent analyst rating on (AU:PDN) stock is a Buy with a A$10.40 price target. To see the full list of analyst forecasts on Paladin Energy Ltd stock, see the AU:PDN Stock Forecast page.

Paladin Energy Advances Uranium Projects Amid Strategic Developments

Paladin Energy Ltd has released a presentation detailing its activities for the September 2025 quarter. The company is focused on advancing its PLS Project, with expectations for design improvements and enhancements, as well as securing necessary permits and community engagement. The announcement highlights the company’s strategic steps towards delivering its first uranium production and ramping up operations at the LHM. These developments are crucial for Paladin’s positioning in the uranium industry and have significant implications for stakeholders, including potential impacts on market dynamics and regulatory approvals.

The most recent analyst rating on (AU:PDN) stock is a Buy with a A$9.50 price target. To see the full list of analyst forecasts on Paladin Energy Ltd stock, see the AU:PDN Stock Forecast page.

Paladin Energy Reports Strong Q1 FY2026 with Increased Production and Successful Equity Raising

Paladin Energy Ltd reported a strong first quarter for FY2026, with a significant increase in uranium production at the Langer Heinrich Mine and a successful equity raising of A$300 million. The company is advancing the Patterson Lake South Project towards a final investment decision, supported by a robust engineering review. The appointment of Paul Hemburrow as Managing Director and CEO, along with a solid safety performance and community investments, underscores Paladin’s commitment to operational excellence and stakeholder engagement.

The most recent analyst rating on (AU:PDN) stock is a Buy with a A$9.50 price target. To see the full list of analyst forecasts on Paladin Energy Ltd stock, see the AU:PDN Stock Forecast page.

JPMorgan Chase & Co. Ceases Substantial Holding in Paladin Energy Ltd

Paladin Energy Ltd has announced that JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in the company. This change involves various transactions and securities lending agreements conducted by JPMorgan’s subsidiaries, affecting a significant number of ordinary shares. The announcement indicates a shift in the ownership structure of Paladin Energy Ltd, which could impact the company’s market dynamics and stakeholder interests.

The most recent analyst rating on (AU:PDN) stock is a Buy with a A$9.50 price target. To see the full list of analyst forecasts on Paladin Energy Ltd stock, see the AU:PDN Stock Forecast page.

Paladin Energy Director Adjusts Shareholding

Paladin Energy Ltd has announced a change in the interests of its director, Peter Watson, who has disposed of 66,000 ordinary shares, reducing his holding to 34,000 shares. This on-market trade reflects a significant adjustment in the director’s investment, potentially impacting stakeholder perceptions and the company’s stock market positioning.

The most recent analyst rating on (AU:PDN) stock is a Hold with a A$7.60 price target. To see the full list of analyst forecasts on Paladin Energy Ltd stock, see the AU:PDN Stock Forecast page.