12 Best Uranium Stocks to Invest in According to Analysts

5. Uranium Energy Corp. (NYSE:UEC)

Number of Hedge Fund Holders: 34

Average Upside Potential: 107.92%

Next on our list of the best uranium stocks is Uranium Energy Corp. (NYSE:UEC), a Texas-based company involved in exploring, extracting, and processing uranium and titanium, with projects across the United States, Canada, and Paraguay. On March 12, Stifel initiated coverage of UEC with a Buy rating and a price target of $10.50. The company is quickly expanding its American production and is well-positioned for near-term growth. Stifel Canada also praised UEC’s strong management, strategic acquisitions, and unhedged exposure to uranium prices.

In February 2025, Uranium Energy Corp. (NYSE:UEC) successfully processed and packaged uranium at its Irigaray plant in Wyoming after starting production at Christensen Ranch. This was a major milestone for the company, with the uranium transported to a conversion facility in Illinois. With no debt and full exposure to market prices, UEC is set to scale up as demand for US-sourced uranium rises.

According to Insider Monkey’s Q4 data, Richard Driehaus’ Driehaus Capital held the biggest stake in Uranium Energy Corp. (NYSE:UEC), with 9.5 million shares worth $63.5 million. Overall, 34 hedge funds were bullish on the stock.