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Uranium Energy Corp. (UEC) Fundamental Analysis & AI Grade 2026

UEC NYSE Miscellaneous Metal Ores NV CIK: 0001334933
Recently Updated • Analysis: Jun 10, 2026 • SEC Data: 2026-04-30
Combined AI Grade
C
72% Confidence
N/A
C
72% Conf
Pending
Analysis scheduled

📊 UEC Key Takeaways

Revenue: $20.2M
Net Margin: -379.3%
Free Cash Flow: $-95.8M
Current Ratio: 32.67x
Debt/Equity: 0.00x
EPS: $-0.16
AI Grade: C with 72% confidence
Uranium Energy Corp. (UEC) receives a C fundamental grade with 72% confidence from our AI analysis based on SEC 10-K filings. With revenue of $20.2M, net profit margin of -379.3%, and return on equity (ROE) of -5.4%, Uranium Energy Corp. demonstrates mixed fundamentals in the Materials sector. Below is our complete UEC stock analysis for 2026.

Is Uranium Energy Corp. (UEC) a Good Investment?

Claude

UEC is a development-stage uranium miner with a fortress balance sheet ($488M cash, zero debt) but severe operational deterioration: net losses of $76.6M and negative free cash flow of $95.8M despite 29,738% revenue growth from a minimal base. While the company has financial runway, the massive operating losses (-466% margin) and failure to convert revenue growth into positive cash flow signal critical execution risk and unsustainable burn rate.

Uranium Energy Corp. Key Strengths (UEC)

Claude
  • + Exceptional balance sheet strength with $488M cash reserves and zero long-term debt
  • + Exceptional liquidity with 32.67x current ratio providing multi-year operational runway
  • + Revenue growth of 29,738% demonstrates operational ramp-up and active production scaling
  • + Respectable 49.6% gross margin indicates underlying unit economics may be viable

UEC Stock Risks: Uranium Energy Corp. Investment Risks

Claude
  • ! Deeply unprofitable with -$76.6M net income and -466% operating margin despite revenue increase
  • ! Severely negative free cash flow of -$95.8M annually with no near-term path to cash generation
  • ! Operating losses dwarf revenue scale, suggesting massive embedded costs with minimal contribution margin at company level
  • ! High execution risk: company must achieve profitability within 5-7 years before cash depletion
  • ! Typical of development-stage mining companies: no guarantee of successful transition from exploration/development to production profitability

Key Metrics to Watch

Claude
  • * Operating cash flow inflection point - must move toward breakeven within 12-24 months
  • * Operating margin trajectory and progress toward 20%+ operating margin
  • * Monthly cash burn rate and cash runway remaining at current burn levels
  • * Production volume growth and unit margin improvement as operational scale increases
  • * Capital expenditure requirements for continued development and whether funded from operations vs. cash reserves

Uranium Energy Corp. (UEC) Financial Metrics & Key Ratios

Revenue
$20.2M
Net Income
$-76.6M
EPS (Diluted)
$-0.16
Free Cash Flow
$-95.8M
Total Assets
$1.5B
Cash Position
$488.1M

💡 AI Analyst Insight

Strong liquidity with a 32.67x current ratio provides a solid financial cushion.

UEC Profit Margin, ROE & Profitability Analysis

Gross Margin 49.6%
Operating Margin -466.2%
Net Margin -379.3%
ROE -5.4%
ROA -5.0%
FCF Margin -474.0%

UEC vs Materials Sector: How Uranium Energy Corp. Compares

How Uranium Energy Corp. compares to Materials sector averages

Net Margin
UEC -379.3%
vs
Sector Avg 10.0%
UEC Sector
ROE
UEC -5.4%
vs
Sector Avg 14.0%
UEC Sector
Current Ratio
UEC 32.7x
vs
Sector Avg 1.6x
UEC Sector
Debt/Equity
UEC 0.0x
vs
Sector Avg 0.6x
UEC Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Uranium Energy Corp. Stock Overvalued? UEC Valuation Analysis 2026

Based on fundamental analysis, Uranium Energy Corp. has mixed fundamental signals relative to the Materials sector in 2026.

Return on Equity
-5.4%
Sector avg: 14%
Net Profit Margin
-379.3%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Uranium Energy Corp. Balance Sheet: UEC Debt, Cash & Liquidity

Current Ratio
32.67x
Quick Ratio
27.81x
Debt/Equity
0.00x
Debt/Assets
7.6%
Interest Coverage
-57.95x
Long-term Debt
$0.0

UEC Revenue & Earnings Growth: 5-Year Financial Trend

UEC 5-year financial data: Year 2019: Revenue $0, Net Income N/A, EPS N/A. Year 2022: Revenue $23.2M, Net Income -$14.6M, EPS $-0.08. Year 2023: Revenue $164.4M, Net Income -$14.8M, EPS $-0.07. Year 2024: Revenue $164.4M, Net Income $5.3M, EPS $0.02. Year 2025: Revenue $164.4M, Net Income -$3.3M, EPS $-0.01.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Uranium Energy Corp.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-0.01 indicates the company is currently unprofitable.

UEC Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-474.0%
Free cash flow / Revenue

UEC Quarterly Earnings & Performance

Quarterly financial performance data for Uranium Energy Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 N/A -$10.2M $-0.07
Q2 2026 $20.2M -$10.2M $-0.02
Q1 2026 N/A -$10.3M $-0.02
Q3 2025 N/A $2.3M $-0.04
Q2 2025 $116.0K $2.3M $0.01
Q1 2025 $108.0K $3.3M $0.01
Q3 2024 N/A $2.3M $-0.01
Q2 2024 $116.0K $2.3M $0.01

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Uranium Energy Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$90.1M
Cash generated from operations
Capital Expenditures
$5.7M
Investment in assets
Dividends
None
No dividend program

UEC SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Uranium Energy Corp. (CIK: 0001334933)

📋 Recent SEC Filings

Date Form Document Action
Jun 10, 2026 DEF 14A uec20260605_def14a.htm View →
Jun 9, 2026 8-K uec20260609_8k.htm View →
Jun 9, 2026 10-Q uec20260430_10q.htm View →
May 28, 2026 8-K uec20260528_8k.htm View →
Apr 8, 2026 8-K uec20260408_8k.htm View →

Frequently Asked Questions about UEC

What is the AI rating for UEC?

Uranium Energy Corp. (UEC) has an AI grade of C with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are UEC's key strengths?

Claude: Exceptional balance sheet strength with $488M cash reserves and zero long-term debt. Exceptional liquidity with 32.67x current ratio providing multi-year operational runway.

What are the risks of investing in UEC?

Claude: Deeply unprofitable with -$76.6M net income and -466% operating margin despite revenue increase. Severely negative free cash flow of -$95.8M annually with no near-term path to cash generation.

What is UEC's revenue and growth?

Uranium Energy Corp. reported revenue of $20.2M.

Does UEC pay dividends?

Uranium Energy Corp. does not currently pay dividends.

Where can I find UEC SEC filings?

Official SEC filings for Uranium Energy Corp. (CIK: 0001334933) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is UEC's EPS?

Uranium Energy Corp. has a diluted EPS of $-0.16.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is UEC's fundamental grade?

Based on our AI fundamental analysis in June 2026, Uranium Energy Corp. has a C grade with 72% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is UEC stock overvalued or undervalued?

Valuation metrics for UEC: ROE of -5.4% (sector avg: 14%), net margin of -379.3% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is UEC's AI grade for 2026?

Our dual AI analysis gives Uranium Energy Corp. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is UEC's free cash flow?

Uranium Energy Corp.'s operating cash flow is $-90.1M, with capital expenditures of $5.7M. FCF margin is -474.0%.

How does UEC compare to other Materials stocks?

Vs Materials sector averages: Net margin -379.3% (avg: 10%), ROE -5.4% (avg: 14%), current ratio 32.67 (avg: 1.6).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Jun 10, 2026 | Data as of: 2026-04-30 | Powered by Claude AI