Brokers Set Expectations for Cameco's Q1 Earnings (TSE:CCO)

Key Points

• Analysts at Raymond James Financial have raised their Q1 2026 EPS estimates for Cameco to $0.41, reflecting growing confidence in the company's performance.
• Target prices for Cameco shares have been increased by several firms, with Bank of America setting a new target of C$106.00 and Canaccord Genuity setting it at C$115.00, indicating strong demand for the stock.
• Cameco's stock has seen a 4.4% increase recently, with a market capitalization of C$45.60 billion and an average target price of C$107.08 from analysts.

Cameco Co. (TSE:CCO - Free Report) NYSE: CCJ - Analysts at Raymond James Financial upped their Q1 2026 earnings per share estimates for Cameco in a note issued to investors on Wednesday, August 20th. Raymond James Financial analyst B. Macarthur now forecasts that the company will post earnings per share of $0.41 for the quarter, up from their previous forecast of $0.39. Raymond James Financial also issued estimates for Cameco's Q2 2026 earnings at $0.50 EPS, Q3 2026 earnings at $0.64 EPS and FY2026 earnings at $2.49 EPS.

Several other analysts also recently weighed in on CCO. Bank of America lifted their target price on shares of Cameco from C$93.00 to C$106.00 in a report on Tuesday, June 10th. Canaccord Genuity Group lifted their price objective on Cameco from C$92.00 to C$115.00 and gave the company a "buy" rating in a report on Wednesday, July 30th. Berenberg Bank boosted their target price on Cameco from C$75.00 to C$96.00 in a research report on Tuesday, June 10th. Desjardins raised their price target on Cameco from C$105.00 to C$110.00 and gave the company a "buy" rating in a report on Friday, August 1st. Finally, TD Securities lifted their price target on Cameco from C$115.00 to C$117.00 and gave the company a "buy" rating in a research note on Tuesday, August 5th. Four analysts have rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of C$107.08.

Cameco Stock Up 4.4%

Shares of Cameco stock opened at C$103.61 on Monday. The company has a market cap of C$45.60 billion, a P/E ratio of 391.47, a PEG ratio of 2.22 and a beta of 0.90. The company has a debt-to-equity ratio of 20.35, a quick ratio of 3.74 and a current ratio of 2.88. Cameco has a one year low of C$48.71 and a one year high of C$110.85. The firm has a fifty day moving average of C$102.22 and a two-hundred day moving average of C$79.11.

Cameco Company Profile

Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.

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