Energy Fuels Inc. (UUUU) reported first-quarter revenues of $35.8 million for 2026, a 112% year-over-year increase, attributed primarily to higher uranium sales. The company expects to produce between 2-2.5 million pounds of uranium and process 1.5-2.5 million pounds in 2026. Energy Fuels currently holds contracts for 3.36 million pounds of uranium deliveries to U.S. nuclear utilities from 2026 to 2032.
Cameco Corporation (CCJ) generated total revenues of CAD 845 million ($616 million) in Q1 2026, a 7% increase, with uranium deliveries expected to be between 29-32 million pounds for the year. The company accounts for 15% of global uranium production and anticipates total 2026 revenues of CAD 3.13-3.37 billion, reflecting a potential 7% decline year-over-year.
Both companies are poised to benefit from a strengthening nuclear energy market, with Energy Fuels focusing on expanding its uranium and rare earth element production, while Cameco leverages its scale and diversified operational capabilities in the nuclear fuel cycle.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
