The share price of Energy Fuels Inc. (NYSEAMERICAN:UUUU) fell by 12% between January 23 and January 30, 2026, putting it among the Energy Stocks that Lost the Most This Week.
Energy Fuels Inc. (NYSEAMERICAN:UUUU) is a leading US-based critical minerals company, focused on uranium, rare earth elements, heavy mineral sands, vanadium, and medical isotopes.
Energy Fuels Inc. (NYSEAMERICAN:UUUU) jumped by over 14% on January 28 after the U.S. Department of Energy announced an initiative to build out the country’s domestic nuclear fuel supply chain. The department is asking states to express interest in hosting sites for developing the nuclear fuel lifecycle, including the storage of nuclear waste and the reprocessing of spent fuel. These ‘Nuclear Lifecycle Innovation Campuses’ would also include uranium enrichment and reduce the country’s reliance on imports from Russia.
Energy Fuels Inc. (NYSEAMERICAN:UUUU) also received a boost when, on the same day, Roth Capital analyst Joe Reagor upgraded the stock from ‘Sell’ to ‘Neutral’, while also raising its price target from $13 to $15.50. While the analyst acknowledges that the company’s valuation is stretched, it believes that strong market sentiment and rising uranium prices are likely to offset any near-term value correction.
The recent decline in share price may be due to investors booking profits after the strong rally. Despite the recent downturn, the share price of Energy Fuels Inc. (NYSEAMERICAN:UUUU) has risen by over 34% since the beginning of 2026.
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