Research Analysts Issue Forecasts for Cameco Q2 Earnings

Cameco Co. (TSE:CCO - Free Report) NYSE: CCJ - Raymond James boosted their Q2 2025 earnings estimates for shares of Cameco in a report released on Monday, June 9th. Raymond James analyst B. Macarthur now expects that the company will post earnings per share of $0.54 for the quarter, up from their prior estimate of $0.33. Raymond James has a "Outperform" rating and a $88.00 price target on the stock. Raymond James also issued estimates for Cameco's FY2025 earnings at $1.64 EPS.

A number of other research analysts also recently weighed in on CCO. Desjardins upgraded shares of Cameco to a "moderate buy" rating in a report on Thursday, April 3rd. Canaccord Genuity Group raised their target price on shares of Cameco from C$83.50 to C$92.00 and gave the company a "buy" rating in a research note on Monday, June 9th. BMO Capital Markets raised their target price on shares of Cameco from C$85.00 to C$95.00 and gave the company an "outperform" rating in a research note on Monday, June 9th. Stifel Nicolaus raised their price target on shares of Cameco from C$90.00 to C$105.00 in a research report on Tuesday. Finally, Berenberg Bank raised their price target on shares of Cameco from C$75.00 to C$96.00 in a research report on Tuesday. Eight research analysts have rated the stock with a buy rating and five have issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of C$92.92.

Cameco Stock Up 0.6%

CCO stock traded up C$0.54 during midday trading on Wednesday, reaching C$90.53. The company had a trading volume of 1,133,241 shares, compared to its average volume of 1,220,552. Cameco has a 1 year low of C$48.71 and a 1 year high of C$93.22. The company has a current ratio of 2.88, a quick ratio of 3.74 and a debt-to-equity ratio of 20.35. The company has a market capitalization of C$39.85 billion, a P/E ratio of 342.05, a PEG ratio of 2.22 and a beta of 0.90. The company has a 50 day moving average of C$70.19 and a two-hundred day moving average of C$70.03.

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.