Goldman Sachs Lifts its Price Target on Uranium Energy Corp. (UEC) to $18 and Reiterates its Buy Rating

Group 1 - Goldman Sachs raised its price target on Uranium Energy Corp. (UEC) to $18 from $16 and maintained a Buy rating, citing updates from the February Global Reactor Tracker and a strong rally in uranium spot prices [1] - UEC's fiscal first-quarter 2026 results indicated an inventory of 1.36 million pounds of U3O8, all unhedged, providing direct exposure to spot uranium prices and potential upside if prices remain firm [2] - UEC is recognized as a U.S.-focused uranium producer with operations primarily in in-situ recovery projects located in Wyoming and Texas, positioning it as one of the newer uranium suppliers globally [3]