Cameco vs. Uranium Energy: Which Uranium Stock Wins the Nuclear Restart?

The nuclear energy market is experiencing a revival driven by decarbonization initiatives, safer technologies, and AI power demands. Cameco, the world's second-largest uranium miner with a $42B market cap, offers steady 7% revenue and 14% EBITDA growth through 2028 with diversified operations and Westinghouse Electric ownership. Uranium Energy, a smaller $5.6B pure-play uranium miner using cleaner extraction methods, projects 57% revenue CAGR but trades at a premium valuation. Analysts favor Cameco for its scale and lower valuation, though Uranium Energy offers higher growth potential with greater volatility.