Maxim Group analyst Tate Sullivan has maintained their bullish stance on URG stock, giving a Buy rating today.
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Tate Sullivan’s rating is based on several key factors that highlight both the challenges and potential opportunities for UR-Energy. Despite a reduction in revenue estimates and a lower price target, the demand for uranium, particularly from U.S. customers, is on the rise, which is a positive indicator for UR-Energy. The company has secured significant off-take sales agreements with U.S. commercial nuclear power plants for 2026, which shows a promising increase in future sales.
Additionally, UR-Energy has maintained its 2025 revenue guidance and is on track to start production from its second uranium mining project in Wyoming in early 2026. Although recent production and financial metrics were below expectations, the company’s strategic plans and existing agreements provide a foundation for future growth. The anticipated capital raise in the first half of 2026 and the company’s current cash position further support the Buy rating, as these factors suggest potential for long-term value creation.
In another report released today, Roth MKM also maintained a Buy rating on the stock with a $1.70 price target.
URG’s price has also changed dramatically for the past six months – from $0.724 to $1.370, which is a 89.23% increase.