Uranium Energy (UEC, Financial) has experienced a notable increase in call option trading, with a total of 15,068 call contracts exchanged—seven times the expected volume. The implied volatility has risen by more than five points, reaching 57.01%. The most actively traded options are the October 2023 and November 2023 calls, each with a strike price of $6, collectively accounting for approximately 9,900 contracts. The Put/Call Ratio stands at a low 0.05, highlighting the dominance of call options. Investors are also anticipating the company’s earnings announcement on September 28th.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Uranium Energy Corp (UEC, Financial) is $10.14 with a high estimate of $12.25 and a low estimate of $7.50. The average target implies an upside of 92.46% from the current price of $5.27. More detailed estimate data can be found on the Uranium Energy Corp (UEC) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Uranium Energy Corp's (UEC, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Uranium Energy Corp (UEC, Financial) in one year is $10.66, suggesting a upside of 102.28% from the current price of $5.27. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Uranium Energy Corp (UEC) Summary page.
