Raymond James Financial Expects Stronger Earnings for Cameco

Cameco Co. (TSE:CCO - Free Report) NYSE: CCJ - Equities researchers at Raymond James Financial raised their Q2 2025 earnings per share (EPS) estimates for Cameco in a report issued on Tuesday, June 17th. Raymond James Financial analyst B. Macarthur now forecasts that the company will post earnings of $0.55 per share for the quarter, up from their prior forecast of $0.54. Raymond James Financial currently has a "Outperform" rating and a $102.00 target price on the stock. Raymond James Financial also issued estimates for Cameco's Q3 2025 earnings at $0.35 EPS, FY2025 earnings at $1.65 EPS, Q1 2026 earnings at $0.35 EPS, Q2 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.58 EPS, Q4 2026 earnings at $0.93 EPS and FY2026 earnings at $2.33 EPS.

A number of other research firms also recently commented on CCO. Scotiabank raised their target price on Cameco from C$93.00 to C$95.00 in a report on Monday. Stifel Canada raised shares of Cameco to a "strong-buy" rating in a research report on Wednesday, March 12th. Berenberg Bank raised their price objective on Cameco from C$75.00 to C$96.00 in a report on Tuesday, June 10th. Desjardins increased their target price on Cameco from C$85.00 to C$105.00 and gave the stock a "buy" rating in a research report on Tuesday. Finally, National Bankshares raised their price target on Cameco from C$81.00 to C$95.00 in a research note on Monday, June 9th. Nine analysts have rated the stock with a buy rating and five have given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of C$94.93.

Cameco Stock Performance

CCO traded down C$1.10 during trading on Wednesday, hitting C$94.33. The stock had a trading volume of 316,321 shares, compared to its average volume of 1,215,560. Cameco has a twelve month low of C$48.71 and a twelve month high of C$96.64. The firm has a market capitalization of C$41.52 billion, a P/E ratio of 356.41, 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. The company's 50-day moving average price is C$72.57 and its 200 day moving average price is C$70.36.

About Cameco

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.