H.C. Wainwright Reiterates Buy Rating on Energy Fuels (UUUU)

H.C. Wainwright analyst Heiko Ihie reiterated a Buy rating and $29.00 price target on Energy Fuels (NYSE: UUUU).

The analyst commented: "On June 23, 2026, Energy Fuels announced an agreement to acquire 100% of Vacuumschmelze (VAC) from private equity firm Ara Partners for roughly $1.9B. Consideration for the deal consists of $718.0M in cash and 65.9M newly issued Energy Fuels shares, valued at their $16.12 closing price as of June 22, 2026. As part of the deal, UUUU is also expected to assume $140.0M of VAC’s net debt. We note that Ara is protected if Energy Fuels’ share price falls below $20.93 per share at closing, receiving up to $135.0M in preferred shares (~$103.0M at the current share price). If the acquisition closes in 2027 as expected, Ara would own 19.9% of Energy Fuels when accounting for the pending acquisition of Australian Strategic Materials that we have discussed in past research notes. We reiterate our Buy rating on UUUU and our PT of $29.00."

For an analyst ratings summary and ratings history on Energy Fuels click here. For more ratings news on Energy Fuels click here.

Shares of Energy Fuels closed at $15.47 yesterday.

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