Energy Fuels Inc. (UUUU): A Bull Case Theory

We came across a bullish thesis on Energy Fuels Inc. (UUUU) on wallstreetbets Subreddit Page by Antique-Wrongdoer-15. In this article, we will summarize the bulls’ thesis on UUUU. Energy Fuels Inc. (UUUU)'s share was trading at $4.95 as of April 17^th.

Energy Fuels Inc. (UUUU) is gaining momentum as macro tailwinds, strong financials, and strategic positioning align to create a compelling growth narrative. The stock has rallied from $3.50 to $4.80, driven in part by a new Executive Order signed by former President Trump to boost domestic production of critical minerals, including uranium. As the only licensed uranium mill operator in the U.S., UUUU is uniquely positioned to benefit from this policy shift. Further fueling the stock’s surge, UUUU announced its readiness to substitute Chinese mineral imports with U.S.-based production—a move that triggered a 13% premarket spike and reinforces its strategic value amid increasing geopolitical tensions. With no debt and expectations of turning profitable this year, UUUU is financially poised for expansion, a sentiment echoed by its CEO’s ambitious plans to scale mining operations. Despite recent gains, UUUU’s $1 billion market cap remains significantly below peers like Cameco ($20B) and NexGen Energy ($2.3B), suggesting room for valuation rerating. The stock had been oversold for months due to weak uranium prices, but with China curbing mineral exports and U.S. dependence on imports, uranium scarcity could drive prices higher—creating a perfect storm for UUUU to outperform. A price target of $7–10 appears well within reach.

Energy Fuels Inc. (UUUU) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 18 hedge fund portfolios held UUUU at the end of the fourth quarter which was 11 in the previous quarter. While we acknowledge the risk and potential of UUUU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than UUUU but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article was originally published at Insider Monkey.