enCore Energy

EU · TSX

$0.701−$0.072 (−9.31%)TodayMarket closed ·
Prev close $0.773

EU analyst rating

BuyConsensus of 2 analysts over the last 12 months. 100% rate it a buy.
  • Strong buy0
  • Buy2
  • Hold0
  • Underperform0
  • Sell0

12-month price target · 8 analysts

Average $2.87 (+309.2% upside)

Low
$2.10
Now
$0.701
High
$3.50

Upgrades and downgrades

The latest rating actions, newest first

EU analyst upgrades, downgrades and rating actions
FirmDateActionRating
JefferiesSep 3, 2026InitiatesBuy
HC Wainwright & Co.Aug 14, 2026MaintainsBuy
HC Wainwright & Co.May 15, 2026MaintainsBuy

The case for and against

Updated Feb 2, 2026

Bull case

enCore Energy Corp has demonstrated a robust improvement in its uranium production capabilities, achieving an average daily U3O8 extraction rate of 2,678 pounds in June. The significant advancements at the Alta Mesa In-Situ Recovery Project point to increased operational efficiency and potential for cost-effective uranium extraction. Given these enhancements in production and the favorable market conditions for uranium pricing, the company's outlook for generating strong cash flow appears promising.

Bear case

enCore Energy Corp reported revenues of $3.7 million but faced a significant net loss of $8.8 million, translating to a loss of $0.03 per share, indicating financial distress. The company’s forecast suggests that this deteriorating trend is likely to worsen as production levels increase. These factors collectively highlight concerns regarding the company's profitability and long-term sustainability in its operations.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.