Stifel Canada Issues Optimistic Estimate for Cameco Earnings

Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO - Research analysts at Stifel Canada increased their Q3 2025 earnings per share estimates for shares of Cameco in a report released on Monday, June 9th. Stifel Canada analyst R. Profiti now anticipates that the basic materials company will post earnings per share of $0.16 for the quarter, up from their prior forecast of $0.14. Stifel Canada currently has a "Strong-Buy" rating on the stock. The consensus estimate for Cameco's current full-year earnings is $1.27 per share. Stifel Canada also issued estimates for Cameco's Q4 2025 earnings at $0.18 EPS, Q2 2026 earnings at $0.29 EPS, FY2026 earnings at $1.15 EPS, FY2027 earnings at $2.07 EPS, FY2028 earnings at $2.37 EPS and FY2029 earnings at $2.28 EPS.

Several other equities analysts have also recently weighed in on the stock. Glj Research raised 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. Stifel Nicolaus initiated coverage on Cameco in a report on Wednesday, March 12th. They issued a "buy" rating on the stock. Scotiabank reiterated an "outperform" rating on shares of Cameco in a research report on Wednesday, May 14th. Desjardins assumed coverage on Cameco in a report on Friday, April 4th. They set a "buy" rating for the company. Finally, Wall Street Zen raised Cameco from a "sell" rating to a "hold" rating in a report on Tuesday, May 13th. One analyst has rated the stock with a hold rating, nine have assigned a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Cameco has a consensus rating of "Buy" and an average price target of $70.53.

Cameco Price Performance

NYSE CCJ traded down $3.11 during trading hours on Tuesday, reaching $63.80. The company's stock had a trading volume of 10,646,133 shares, compared to its average volume of 4,314,894. The company has a market capitalization of $27.77 billion, a price-to-earnings ratio of 227.86 and a beta of 0.97. The company has a quick ratio of 1.26, a current ratio of 2.88 and a debt-to-equity ratio of 0.20. Cameco has a 1 year low of $35.00 and a 1 year high of $68.12. The firm's 50-day moving average price is $48.51 and its 200-day moving average price is $49.23.

Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last released its earnings results on Thursday, May 1st. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.07). The firm had revenue of $549.58 million during the quarter, compared to analysts' expectations 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 period in the prior year, the company posted $0.13 earnings per share.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Alliancebernstein L.P. grew its holdings in Cameco by 39.3% during the 1st quarter. Alliancebernstein L.P. now owns 14,048,244 shares of the basic materials company's stock valued at $578,226,000 after purchasing an additional 3,959,837 shares during the last quarter. Norges Bank purchased a new stake in shares of Cameco in the fourth quarter worth approximately $188,595,000. FMR LLC lifted its stake in shares of Cameco by 8.7% during the 4th quarter. FMR LLC now owns 22,639,647 shares of the basic materials company's stock worth $1,163,942,000 after acquiring an additional 1,811,876 shares during the last quarter. Canada Pension Plan Investment Board boosted its holdings in Cameco by 215.7% during the 1st quarter. Canada Pension Plan Investment Board now owns 2,031,332 shares of the basic materials company's stock valued at $83,636,000 after acquiring an additional 1,387,797 shares during the period. Finally, Temasek Holdings Private Ltd bought a new position in Cameco in the 1st quarter valued at $55,513,000. Institutional investors own 70.21% of the company's stock.

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.