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Bank of America (BofA) raised its 2027 uranium price forecast to $130/lb, implying ~52% upside from current spot prices, citing tight supply and growing nuclear investment.
BofA's bullish outlook is driven by tight supply, lower utility contract coverage (48% vs. 56% last year), and increasing global nuclear investment. Notably, U.S. plans include 400GW nuclear capacity
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Bank of America (BofA) raised its 2027 uranium price forecast to $130/lb, implying ~52% upside from current spot prices, citing tight supply and growing nuclear investment.
BofA's bullish outlook is driven by tight supply, lower utility contract coverage (48% vs. 56% last year), and increasing global nuclear investment. Notably, U.S. plans include 400GW nuclear capacity
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