Cameco FY2026 EPS Forecast Cut by National Bank Financial

Key Points

• Cameco's FY2026 earnings per share (EPS) estimate has been reduced from $1.38 to $1.35 by National Bank Financial, indicating a slight decline in anticipated profitability.
• Despite the EPS cut, several analysts, including Bank of America and Royal Bank of Canada, have increased their price targets for Cameco's stock, reflecting continued confidence in the company's prospects.
• Cameco's stock has recently experienced a decline of 3.3%, with shares opening at C$100.63 and a market capitalization of C$44.29 billion.

Cameco Co. (TSE:CCO - Free Report) NYSE: CCJ - Equities researchers at National Bank Financial cut their FY2026 earnings per share estimates for shares of Cameco in a report issued on Thursday, July 31st. National Bank Financial analyst M. Sidibe now expects that the company will earn $1.35 per share for the year, down from their prior estimate of $1.38. National Bank Financial also issued estimates for Cameco's FY2027 earnings at $2.34 EPS.

CCO has been the topic of a number of other reports. Bank of America increased their price target on shares of Cameco from C$93.00 to C$106.00 in a report on Tuesday, June 10th. Royal Bank Of Canada upped their target price on shares of Cameco from C$100.00 to C$110.00 and gave the stock an "outperform" rating in a report on Friday. BMO Capital Markets increased their target price on shares of Cameco from C$85.00 to C$95.00 and gave the stock an "outperform" rating in a research note on Monday, June 9th. Desjardins boosted their price target on shares of Cameco from C$105.00 to C$110.00 and gave the company a "buy" rating in a research report on Friday. Finally, Stifel Nicolaus upped their price target on shares of Cameco from C$105.00 to C$115.00 in a report on Tuesday, July 22nd. Nine analysts have rated the stock with a buy rating and four have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of C$103.85.

Cameco Stock Down 3.3%

Shares of TSE CCO opened at C$100.63 on Monday. The company has a quick ratio of 3.74, a current ratio of 2.88 and a debt-to-equity ratio of 20.35. The company has a market cap of C$44.29 billion, a P/E ratio of 380.21, a P/E/G ratio of 2.22 and a beta of 0.90. Cameco has a 52 week low of C$48.71 and a 52 week high of C$110.85. The business has a 50-day simple moving average of C$96.50 and a two-hundred day simple moving average of C$75.97.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.