Major Surge in Uranium Stocks as Demand Soars
Chicago, IL – February 2, 2026 – Uranium stocks, including Centrus Energy Corp. (LEU) and Uranium Energy Corp. (UEC), have surged at least 150% in the past year, driven by a projected 25% increase in U.S. electricity demand by the end of the decade, fueled partly by the AI sector. The U.S. government has identified uranium as a Critical Mineral, emphasizing the need for domestic production to decrease reliance on foreign imports.
The World Nuclear Association has reported that a quadruple increase in annual uranium production is essential to support expected growth in global nuclear capacity. Uranium prices have risen approximately 170% since 2021, with recent high levels recorded in 2024. Centrus Energy recently secured $900 million in funding from the U.S. government to enhance domestic enrichment capabilities, while Uranium Energy’s shares have climbed 2,000% over the past decade.
