Uec stock forecast 2030 models incorporate bullish scenarios

UEC stock forecast 2030 models incorporate bullish scenarios where nuclear energy gains over 15% market share of global electricity generation, translating to significantly higher equity multiples. For the first time since March 2023, DNN broke below its 50-day and 100-day moving averages to the downside. However, I strongly believe it’ll bounce back shortly with the uranium supply and demand issue still tight. It’s also technically oversold on RSI, MACD and Williams’ %R. And from its last traded price of $1.88, I’d like to see it initially retest $2.50. The company is preparing two additional mines in Colorado and Wyoming (Whirlwind and Nichols Ranch), which could increase uranium production to a run rate of more than two million pounds per year as early as 2026. UUUU is advancing several other large-scale U.S. mine projects to raise the capacity to 5 million pounds annually to bet on the robust uranium market conditions. Higher utilization rates in nuclear reactors worldwide remain the strongest catalyst.