Goldman Sachs Raises Uranium Energy Target

On Feb. 4 Goldman Sachs raised its price target on Uranium Energy Corp. (NYSE:UEC) to $18 from $16 and reiterated a Buy rating, citing the February Global Reactor Tracker and a rally in spot uranium prices. UEC reported fiscal Q1 2026 inventory of 1.36 million pounds U3O8, entirely unhedged, leaving direct exposure to spot-market swings and influencing near-term earnings expectations.