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Wall Street Analysts Think Energy Fuels (UUUU) Could Surge 41.53%: Read This Before Placing a Bet
Energy FuelsEnergy Fuels(US:UUUU) ZACKSยท2024-05-30 14:55

Core Viewpoint - Energy Fuels (UUUU) has seen a significant stock price increase of 25.1% over the past four weeks, closing at $6.79, with analysts suggesting a potential upside of 41.5% based on a mean price target of $9.61 [1]. Price Targets and Analyst Consensus - The average price target for UUUU ranges from a low of $6.50 to a high of $12.95, with a standard deviation of $2.67, indicating variability in analyst estimates [2]. - The lowest estimate suggests a decline of 4.3% from the current price, while the highest estimate indicates a potential upside of 90.7% [2]. - A low standard deviation among price targets suggests a strong agreement among analysts regarding the stock's price direction and magnitude [7]. Earnings Estimates and Market Sentiment - Analysts have shown increasing optimism about UUUU's earnings prospects, as evidenced by a strong consensus in revising EPS estimates higher, which correlates with potential stock price increases [9]. - Over the last 30 days, the Zacks Consensus Estimate for the current year has risen by 29.8%, with no negative revisions reported [10]. - UUUU holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for near-term upside [11].