Cameco (CCJ) Stock Forecast & Price Target

Q: What analysts cover Cameco?

Cameco has been rated by research analysts at Barclays , Jefferies Financial Group , Truist Financial , Weiss Ratings , and Zacks Research in the past 90 days.

$71.34 +3.01 (+4.41%)

Closing price 11/6/2026 03:59 PM Eastern

Extended Trading

$71.83 +0.49 (+0.68%)

As of 11/6/2026 07:59 PM Eastern

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Cameco - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 16 Analyst Ratings

Sell
0

Hold
5

Buy
11

Based on 16 Wall Street analysts who have issued ratings for Cameco in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 5 have given a hold rating, and 11 have given a buy rating for CCJ.

Consensus Price Target

$147.38
106.59% Upside

According to the 16 analysts' twelve-month price targets for Cameco, the average price target is $147.38. The highest price target for CCJ is $202.00, while the lowest price target for CCJ is $89.00. The average price target represents a forecasted upside of 106.59% from the current price of $71.34.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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CCJ Analyst Ratings Over Time

Type	Current Forecast 11/8/25 to 11/8/26	1 Month Ago 10/9/25 to 10/9/26	3 Months Ago 8/10/25 to 8/10/26	1 Year Ago 11/8/24 to 11/8/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	11 Buy rating(s)	12 Buy rating(s)	13 Buy rating(s)	13 Buy rating(s)
Hold	5 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$147.38	$148.68	$145.60	$102.61
Forecasted Upside	106.59% Upside	68.74% Upside	49.41% Upside	11.17% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy

CCJ Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CCJ Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Cameco Stock vs. The Competition

Type	Cameco	Energy Companies	Broader Market
Consensus Rating Score	2.69	2.47	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	106.59% Upside	52.69% Upside	17.16% Upside
News Sentiment Rating	Neutral News See Recent CCJ News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

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Upside/Downside

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Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
11/3/2026	Zacks Research 4 of 5 stars		Upgrade	Strong Sell ➝ Hold
11/2/2026	Barclays 3 of 5 stars	Richard Garchitorena Not Rated	Lower Target	Equal Weight	$95.00 ➝ $89.00	+20.22%
10/22/2026	Truist Financial 2 of 5 stars	Christopher Souther Not Rated	Lower Target	Buy	$130.00 ➝ $125.00	+52.45%
10/8/2026	Weiss Ratings Subscribe to MarketBeat All Access to unlock brokerage rankings		Upgrade	Hold (C-) ➝ Hold (C)
9/3/2026	Jefferies Financial Group Subscribe to MarketBeat All Access to unlock brokerage rankings		Initiated Coverage	Buy	$138.00	+43.04%
7/15/2026	Citigroup Subscribe to MarketBeat All Access to unlock brokerage rankings		Reiterated Rating	Positive
7/9/2026	Bank of America Subscribe to MarketBeat All Access to unlock brokerage rankings	Lawson Winder Subscribe to MarketBeat All Access to unlock analyst rankings	Lower Target	Buy	$143.00 ➝ $140.00	+47.58%
6/29/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access to unlock brokerage rankings	Andrew Wong Subscribe to MarketBeat All Access to unlock analyst rankings	Boost Target	Outperform	$160.00 ➝ $175.00	+67.40%
6/15/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access to unlock brokerage rankings		Reiterated Rating	Outperform	$135.00	+26.42%
5/6/2026	Scotiabank Subscribe to MarketBeat All Access to unlock brokerage rankings		Reiterated Rating	Outperform	$175.00	+52.92%
Financial legend: “This is bad, really bad...” (Ad) Dr. Martin D. Weiss has publicly predicted six major American financial crashes over his 55-year career leading Weiss Ratings, the only conflict-free rating agency in the US. Now he says a $3 trillion problem could trigger a chain reaction of crashes and failures, causing a global freeze in financial markets. See Dr. Weiss's full warning before the next crisis hits.
4/20/2026	William Blair Subscribe to MarketBeat All Access to unlock brokerage rankings	Jed Dorsheimer Subscribe to MarketBeat All Access to unlock analyst rankings	Initiated Coverage	Outperform
3/26/2026	TD Securities Subscribe to MarketBeat All Access to unlock brokerage rankings		Downgrade	Strong-Buy ➝ Hold
3/9/2026	Canadian Imperial Bank of Commerce Subscribe to MarketBeat All Access to unlock brokerage rankings		Boost Target		$202.00	+89.85%
2/18/2026	Glj Research Subscribe to MarketBeat All Access to unlock brokerage rankings	Gordon L. Johnson Subscribe to MarketBeat All Access to unlock analyst rankings	Reiterated Rating	Buy	$100.00 ➝ $171.20	+51.67%
2/4/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access to unlock brokerage rankings	Brian Lee Subscribe to MarketBeat All Access to unlock analyst rankings	Reiterated Rating	Buy	$131.00	+4.01%
1/14/2026	Raymond James Financial Subscribe to MarketBeat All Access to unlock brokerage rankings		Reiterated Rating	Outperform
11/10/2025	UBS Group Subscribe to MarketBeat All Access to unlock brokerage rankings	George Eadie Subscribe to MarketBeat All Access to unlock analyst rankings	Initiated Coverage	Neutral	$140.00	+51.68%
11/6/2025	National Bank Financial Subscribe to MarketBeat All Access to unlock brokerage rankings		Reiterated Rating	Outperform
9/22/2025	President Capital Subscribe to MarketBeat All Access to unlock brokerage rankings		Upgrade	Neutral ➝ Buy
9/9/2025	CLSA Subscribe to MarketBeat All Access to unlock brokerage rankings	Max Hopkins Subscribe to MarketBeat All Access to unlock analyst rankings	Initiated Coverage	Outperform	$102.00	+32.16%
8/29/2025	BMO Capital Markets Subscribe to MarketBeat All Access to unlock brokerage rankings		Reiterated Rating	Outperform
4/4/2025	Desjardins Subscribe to MarketBeat All Access to unlock brokerage rankings	B. Adams Subscribe to MarketBeat All Access to unlock analyst rankings	Initiated Coverage	Buy
3/12/2025	Stifel Nicolaus Subscribe to MarketBeat All Access to unlock brokerage rankings	Ralph Profiti Subscribe to MarketBeat All Access to unlock analyst rankings	Upgrade	Strong-Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:06 AM ET.

Should I Buy Cameco Stock? CCJ Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, November 3, 2026. Please send any questions or comments about these Cameco pros and cons to contact@marketbeat.com.

Cameco
Bull Case

Here are some ways that investors could benefit from investing in Cameco Co.:

The stock is currently trading at $72.63, which is near its 52-week low of $71.86, potentially offering a significant entry point for long-term investors given that the consensus price target from analysts is $148.68, suggesting substantial upside potential.
Institutional interest remains strong, with major firms like Mirae Asset Global Investments Co. Ltd. and D.A. Davidson & CO. establishing new positions in the third quarter, indicating confidence in the company's long-term nuclear fuel strategy despite recent operational challenges.
The company maintains a strong balance sheet with a debt-to-equity ratio of 0.14 and a current ratio of 3.06, providing financial stability and the ability to weather industry volatility while continuing to invest in its uranium and fuel services segments.
Cameco Co. benefits from the growing demand for nuclear energy as a reliable source of low-carbon electricity, supported by its integrated business model that includes uranium mining, fuel services, and Westinghouse technology, which diversifies its revenue streams.
The company declared an annual dividend of C$0.24 per share, with a payout ratio of 25.76%, providing a steady income stream for investors while retaining earnings for future growth and operational needs.

Cameco
Bear Case

Investors should be bearish about investing in Cameco Co. for these reasons:

The company recently missed its third-quarter earnings expectations, reporting $0.10 in earnings per share compared to the consensus estimate of $0.23, and revenue of $434.72 million fell short of the expected $531.67 million, leading to a significant drop in stock price.
Operational disruptions, including a planned maintenance outage at the Key Lake mill, caused a 20% decline in production volumes and higher costs, which negatively impacted profitability and contributed to the recent earnings miss.
Analyst sentiment has turned cautious, with Barclays cutting its price target from $95.00 to $89.00 and assigning an "equal weight" rating, while other firms like Wall Street Zen and Zacks Research have downgraded the stock to "sell" or "strong sell" ratings.
The stock has experienced a significant decline from its 52-week high of $135.24 to its current level of $72.63, reflecting investor concerns about the company's ability to capture soaring uranium spot prices due to contract ceilings and buy-in provisions.
Short interest has increased, with shares shorted rising to 9,109,439 in the most recent period, indicating that a growing number of investors are betting against the stock's future performance.

CCJ Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Cameco is $147.38, with a high forecast of $202.00 and a low forecast of $89.00.

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cameco in the last year. There are currently 5 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CCJ shares.

According to analysts, Cameco's stock has a predicted upside of 106.59% based on their 12-month stock forecasts.

Over the previous 90 days, Cameco's stock had 2 upgrades and 2 downgrades by analysts.

Cameco has been rated by research analysts at Barclays, Jefferies Financial Group, Truist Financial, Weiss Ratings, and Zacks Research in the past 90 days.

Analysts like Cameco more than other "energy" companies. The consensus rating for Cameco is Moderate Buy while the average consensus rating for "energy" companies is Hold. Learn more on how CCJ compares to other companies.

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MarketBeat monitors more than a dozen sources for Cameco analyst ratings, with the most recent rating issued on 11/3/2026.

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Cameco (CCJ) Stock Forecast & Price Target