Raymond James Financial Predicts Reduced Earnings for Cameco

Key Points

• Raymond James Financial has reduced its Q4 2025 earnings per share (EPS) estimate for Cameco from $0.33 to $0.32, while still maintaining an "Outperform" rating for the stock.
• The current consensus estimate for Cameco's full-year earnings stands at $1.27 per share, with a strong overall rating of "Buy" from analysts.
• Cameco's stock performance shows a market capitalization of $37.71 billion and a recent share price opening at $86.61.

Cameco Corporation (NYSE:CCJ - Free Report) TSE: CCO - Raymond James Financial decreased their Q4 2025 EPS estimates for shares of Cameco in a research note issued to investors on Thursday, October 9th. Raymond James Financial analyst B. Macarthur now expects that the basic materials company will post earnings per share of $0.32 for the quarter, down from their previous estimate of $0.33. Raymond James Financial currently has a "Outperform" rating on the stock. The consensus estimate for Cameco's current full-year earnings is $1.27 per share.

Other analysts have also issued research reports about the stock. Royal Bank Of Canada increased their price target on shares of Cameco from $100.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Weiss Ratings restated a "hold (c+)" rating on shares of Cameco in a research report on Wednesday, October 8th. Scotiabank restated an "outperform" rating on shares of Cameco in a research report on Tuesday, July 8th. President Capital upgraded shares of Cameco from a "neutral" rating to a "buy" rating in a research report on Monday, September 22nd. Finally, TD Securities restated a "buy" rating on shares of Cameco in a research report on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $89.55.

Cameco Stock Performance

NYSE CCJ opened at $86.61 on Monday. The company has a current ratio of 2.96, a quick ratio of 2.00 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $37.71 billion, a price-to-earnings ratio of 99.55 and a beta of 0.99. The firm's 50 day simple moving average is $79.67 and its 200 day simple moving average is $65.97. Cameco has a 1 year low of $35.00 and a 1 year high of $91.58.

Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last posted its quarterly earnings results on Thursday, July 31st. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.22. The business had revenue of $467.72 million for the quarter, compared to analyst estimates of $819.79 million. Cameco had a net margin of 14.97% and a return on equity of 8.21%. The firm's revenue for the quarter was up 46.7% on a year-over-year basis. During the same quarter last year, the business posted $0.14 EPS. Cameco has set its FY 2025 guidance at EPS.

Hedge Funds Weigh In On Cameco

Several large investors have recently modified their holdings of the business. Sound Income Strategies LLC raised its stake in shares of Cameco by 146.9% during the third quarter. Sound Income Strategies LLC now owns 1,037 shares of the basic materials company's stock valued at $90,000 after acquiring an additional 617 shares during the last quarter. Congress Asset Management Co. raised its stake in shares of Cameco by 11.3% during the third quarter. Congress Asset Management Co. now owns 77,328 shares of the basic materials company's stock valued at $6,485,000 after acquiring an additional 7,837 shares during the last quarter. Dynamic Advisor Solutions LLC raised its stake in shares of Cameco by 3.7% during the third quarter. Dynamic Advisor Solutions LLC now owns 4,967 shares of the basic materials company's stock valued at $417,000 after acquiring an additional 177 shares during the last quarter. Ausbil Investment Management Ltd raised its stake in shares of Cameco by 18.2% during the third quarter. Ausbil Investment Management Ltd now owns 13,000 shares of the basic materials company's stock valued at $1,085,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Sheets Smith Investment Management raised its stake in shares of Cameco by 2.5% during the third quarter. Sheets Smith Investment Management now owns 23,229 shares of the basic materials company's stock valued at $1,948,000 after acquiring an additional 575 shares during the last quarter. Institutional investors own 70.21% of the company's stock.

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.

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