Q1 Earnings Forecast for Cameco Issued By Raymond James

Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO - Equities research analysts at Raymond James issued their Q1 2026 earnings per share estimates for Cameco in a research note issued to investors on Thursday, May 1st. Raymond James analyst B. Macarthur anticipates that the basic materials company will earn $0.25 per share for the quarter. The consensus estimate for Cameco's current full-year earnings is $1.27 per share. Raymond James also issued estimates for Cameco's Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.40 EPS, Q4 2026 earnings at $0.64 EPS and FY2026 earnings at $1.61 EPS.

Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last announced its quarterly earnings data on Thursday, May 1st. The basic materials company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.18 by ($0.07). The business had revenue of $549.58 million for the quarter, compared to analyst estimates of $890.07 million. Cameco had a return on equity of 4.34% and a net margin of 5.39%. The company's revenue was up 24.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.13 earnings per share.

Other analysts have also issued reports about the company. Royal Bank of Canada reiterated an "outperform" rating and set a $90.00 price objective on shares of Cameco in a report on Tuesday, March 4th. Desjardins initiated coverage on Cameco in a report on Friday, April 4th. They set a "buy" rating for the company. Stifel Canada upgraded Cameco to a "strong-buy" rating in a report on Wednesday, March 12th. Glj Research lifted their target price on shares of Cameco from $62.76 to $75.68 and gave the company a "buy" rating in a research note on Wednesday, March 12th. Finally, Sanford C. Bernstein assumed coverage on shares of Cameco in a research report on Tuesday, April 1st. They issued an "outperform" rating and a $52.00 target price for the company. One investment analyst has rated the stock with a sell rating, nine have given a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, Cameco has a consensus rating of "Buy" and a consensus price target of $70.03.

Cameco Stock Up 3.5 %

CCJ stock traded up $1.69 during midday trading on Monday, reaching $49.84. The company had a trading volume of 5,395,128 shares, compared to its average volume of 4,074,351. The company has a 50 day moving average of $42.28 and a two-hundred day moving average of $49.06. The company has a market capitalization of $21.70 billion, a P/E ratio of 178.01 and a beta of 0.89. Cameco has a 1 year low of $35.00 and a 1 year high of $62.55. The company has a current ratio of 2.88, a quick ratio of 1.26 and a debt-to-equity ratio of 0.20.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Roberts Wealth Advisors LLC acquired a new stake in shares of Cameco in the fourth quarter valued at about $895,000. Whalen Wealth Management Inc. acquired a new stake in Cameco in the 4th quarter valued at approximately $445,000. Sprott Inc. increased its position in Cameco by 44.5% in the 4th quarter. Sprott Inc. now owns 111,896 shares of the basic materials company's stock worth $5,750,000 after buying an additional 34,483 shares during the period. Aigen Investment Management LP acquired a new position in shares of Cameco during the fourth quarter worth approximately $930,000. Finally, Principal Financial Group Inc. boosted its position in shares of Cameco by 1,138.1% in the third quarter. Principal Financial Group Inc. now owns 267,431 shares of the basic materials company's stock valued at $12,774,000 after acquiring an additional 245,831 shares during the period. 70.21% of the stock is currently owned by institutional investors and hedge funds.

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.