UCAR stock is currently trading at $6.00, down 25.5% recently due to a $5 million direct offering announcement, which diluted shareholder value. Bulls argue that the company's joint venture in Portugal for EV battery-swapping solutions positions it well for long-term growth in the European market. If the JV succeeds, UCAR could see a rebound to $8.00 by 2025, driven by increased adoption of its technology.