Uranium Energy Corp. (UEC, Financial) has experienced a significant uptick in bullish options activity, as evidenced by the trading of 4,551 call options, nearly doubling the anticipated volume. This heightened interest has driven the implied volatility up by more than two points, reaching 67.70%.
The most notable activity is concentrated in the Aug-25 7 calls and the 4/25 weekly 5 calls, which together account for approximately 3,200 contracts. The Put/Call Ratio stands at a low 0.11, indicating a strong market preference for call options over puts, suggesting bullish sentiment among traders.
Investors are likely positioning themselves ahead of the company's upcoming earnings announcement, which is scheduled for June 9th. This pre-earnings activity could signal expectations of significant movement in Uranium Energy's stock price (UEC, Financial).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Uranium Energy Corp (UEC, Financial) is $10.14 with a high estimate of $12.25 and a low estimate of $7.50. The average target implies an upside of 96.38% from the current price of $5.17. More detailed estimate data can be found on the Uranium Energy Corp (UEC) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Uranium Energy Corp's (UEC, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Uranium Energy Corp (UEC, Financial) in one year is $10.47, suggesting a upside of 102.71% from the current price of $5.165. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Uranium Energy Corp (UEC) Summary page.
