Energy Fuels (UUUU) AI Stock Analysis

• Market Cap: $3.53B
• Dividend Yield: N/A
• Average Volume (3M): 13.44M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.33
• Revenue Growth: 103.69%
• EPS Growth: -126.48%
• Country: US
• Employees: 1,260
• Sector: Energy
• Sector Strength: 52
• Industry: Uranium
• EPS (TTM): -0.07
• Shares Outstanding: 237,286,770
• 10 Day Avg. Volume: 8,750,404
• 30 Day Avg. Volume: 13,444,866
• PEG Ratio: 0.13
• Price to Book (P/B): 1.67
• Price to Sales (P/S): 11.29
• P/FCF Ratio: -10.71
• Enterprise Value/Market Cap: 0.95
• Enterprise Value/Revenue: 42.43
• Enterprise Value/Gross Profit: -822.52
• Enterprise Value/Ebitda: -36.85
• 1Y Price Target: $19.75
• Price Target Upside: 35.55% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: $16.50 ▲(13.25% Upside)

Energy Fuels' overall stock score is driven by strong strategic initiatives and increased production in the uranium and rare earth segments, as highlighted in the earnings call. However, persistent financial losses and negative cash flows weigh heavily on the score, alongside mixed technical indicators and unattractive valuation metrics.

Positive Factors

Revenue Growth

Significant revenue growth indicates strong demand for the company's products and a successful expansion strategy, enhancing long-term financial stability.

Strategic Initiatives

Progress in rare earths and increased uranium production positions Energy Fuels to capitalize on growing demand for critical minerals, supporting future growth.

Strong Financial Position

A robust financial position with significant working capital enhances the company's ability to invest in growth opportunities and weather market fluctuations.

Negative Factors

Persistent Losses

Ongoing losses highlight operational inefficiencies and challenge the company's ability to achieve profitability, impacting long-term financial health.

Negative Cash Flow

Negative cash flow indicates difficulty in converting earnings into cash, which can limit the company's ability to fund operations and growth initiatives.

Lower Uranium Grades

Lower uranium grades could increase production costs and reduce profitability, affecting the company's competitive position in the uranium market.

Energy Fuels Business Overview & Revenue Model

Company Description

Energy Fuels Inc., together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of conventional and in situ uranium recovery in the United States. The company owns and operates the Nichols Ranch project, the Jane Dough property, and the Hank project located in Wyoming; and the Alta Mesa project located in Texas, as well as White Mesa Mill in Utah. It also holds interests in uranium and uranium/vanadium properties and projects in various stages of exploration, permitting, and evaluation located in Utah, Wyoming, Arizona, New Mexico, and Colorado. The company was formerly known as Volcanic Metals Exploration Inc. and changed its name to Energy Fuels Inc. in May 2006. Energy Fuels Inc. was incorporated in 1987 and is headquartered in Lakewood, Colorado.

How the Company Makes Money

Energy Fuels generates revenue primarily through the sale of uranium and vanadium. The company operates in a cyclical market where the prices of these commodities can fluctuate based on global demand and supply dynamics, particularly in the context of the nuclear energy sector. Key revenue streams include the sale of uranium concentrate, which is processed at the company's facilities and sold to utilities and other buyers for use in nuclear reactors. Additionally, Energy Fuels benefits from its vanadium production, which caters to industries like construction and renewable energy storage. The company may also engage in strategic partnerships and contracts with utilities to secure long-term sales agreements, enhancing revenue stability. Furthermore, factors such as government support for nuclear energy and the increasing global focus on clean energy transition can positively influence the company's earnings.

Energy Fuels Financial Statement Overview

Summary

Energy Fuels has shown significant revenue growth but remains unprofitable with negative cash flows. The balance sheet is strong with low leverage, but operational inefficiencies need improvement for sustainable profitability.

Income Statement

Energy Fuels has demonstrated significant revenue growth, increasing from $12.5M in 2022 to $78.1M in 2024. However, the company remains unprofitable, with a negative net income of $47.8M in 2024. Margins are concerning, with a gross profit margin of approximately 28.4% in 2024 and negative EBIT and EBITDA margins, indicating operational inefficiencies.

Balance Sheet

The balance sheet shows a strong equity base with a stockholders' equity of $527.8M in 2024, reflecting a solid equity ratio of 86.3%. The debt-to-equity ratio is low at 0.004, indicating minimal leverage, which reduces financial risk. However, the company has yet to achieve a positive ROE due to persistent losses.

Cash Flow

Energy Fuels has faced challenges in cash flow generation, with a negative free cash flow of $74.9M in 2024. Operating cash flows have also been negative, and the operating cash flow to net income ratio indicates that cash losses are significant compared to net income. The free cash flow to net income ratio is negative, highlighting the company's struggle to convert earnings into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	78.74M	78.11M	37.93M	12.52M	3.18M	1.66M
Gross Profit	-4.06M	17.00M	15.80M	-154.00K	-3.10M	1.66M
EBITDA	-90.66M	-43.02M	103.97M	-55.12M	5.97M	-22.31M
Net Income	-97.77M	-47.77M	99.86M	-59.85M	1.54M	-27.78M
Balance Sheet
Total Assets	758.32M	611.97M	401.94M	273.95M	315.45M	183.24M
Cash, Cash Equivalents and Short-Term Investments	235.26M	119.46M	190.49M	75.01M	113.01M	22.41M
Total Debt	0.00	2.18M	1.32M	1.38M	469.00K	758.00K
Total Liabilities	50.75M	80.29M	22.73M	29.54M	19.92M	25.69M
Stockholders Equity	703.25M	527.79M	375.25M	240.43M	291.57M	153.81M
Cash Flow
Free Cash Flow	-133.02M	-82.34M	-60.65M	-51.70M	-30.66M	-32.80M
Operating Cash Flow	-109.91M	-52.96M	-15.94M	-49.70M	-29.29M	-32.18M
Investing Cash Flow	-107.38M	-13.30M	-23.77M	-6.94M	3.50M	3.71M
Financing Cash Flow	239.58M	15.59M	30.33M	7.74M	117.63M	36.45M

Energy Fuels Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 14.57
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For UUUU, the sentiment is Negative. The current price of 14.57 is below the 20-day moving average (MA) of 14.83, below the 50-day MA of 17.58, and above the 200-day MA of 9.90, indicating a neutral trend. The MACD of -0.43 indicates Negative momentum. The RSI at 44.38 is Neutral, neither overbought nor oversold. The STOCH value of 40.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for UUUU.

Energy Fuels Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LEU	73 Outperform	$4.82B	41.51	51.74%	―	15.25%	37.48%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
UUUU	60 Neutral	$3.53B	―	-18.17%	―	103.69%	-126.48%
BTU	57 Neutral	$3.43B	―	-0.87%	1.03%	-7.21%	-106.39%
UEC	54 Neutral	$6.84B	―	-7.29%	―	189.19%	-38.15%
CLNE	43 Neutral	$609.62M	-3.05	-31.94%	―	2.59%	-192.73%
URG	40 Neutral	$541.75M	-6.63	-65.17%	―	138.94%	-62.94%

Energy Fuels Corporate Events

Energy Fuels Director Ivy Estabrooke Resigns

On October 24, 2025, Ivy V. Estabrooke announced her resignation as a Director of Energy Fuels Inc., effective October 29, 2025. Her departure is not due to any disagreements with the company’s operations, policies, or practices, indicating a smooth transition without internal conflicts.

Energy Fuels Announces $600M Convertible Notes Offering

On October 1, 2025, Energy Fuels announced the pricing of an upsized $600 million offering of 0.75% Convertible Senior Notes due 2031, aimed at enhancing financial flexibility and funding development projects. The offering, increased from the initially announced $550 million, is expected to close on October 3, 2025, and will support the company’s expansion plans and operational needs, potentially impacting its market positioning and stakeholder interests.

Energy Fuels Director Robert Kirkwood Resigns

Robert Kirkwood resigned from his position as a Director of Energy Fuels Inc. on September 22, 2025, with the resignation effective as of October 15, 2025. His departure is for personal reasons and not due to any disagreements with the company’s operations, policies, or practices.