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Cameco (CCJ) Stock Forecast & Price Target

Cameco logo
$52.40 +1.22 (+2.38%)
As of 03:58 PM Eastern

Cameco - Analysts' Recommendations and Stock Price Forecast (2025)

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.

Consensus Rating

Sell
0
Hold
0
Buy
12

Based on 12 Wall Street analysts who have issued ratings for Cameco in the last 12 months, the stock has a consensus rating of "Buy." Out of the 12 analysts, 9 have given a buy rating, and 3 have given a strong buy rating for CCJ.

Consensus Price Target

$70.53
34.60% Upside
According to the 12 analysts' twelve-month price targets for Cameco, the average price target is $70.53. The highest price target for CCJ is $90.00, while the lowest price target for CCJ is $52.00. The average price target represents a forecasted upside of 34.60% from the current price of $52.40.
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CCJ Analyst Ratings Over Time

TypeCurrent Forecast
5/20/24 to 5/20/25
1 Month Ago
4/20/24 to 4/20/25
3 Months Ago
2/20/24 to 2/19/25
1 Year Ago
5/21/23 to 5/20/24
Strong Buy
3 Strong Buy rating(s)
3 Strong Buy rating(s)
2 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
9 Buy rating(s)
9 Buy rating(s)
5 Buy rating(s)
2 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$70.53$70.03$66.56$55.50
Forecasted Upside34.60% Upside70.32% Upside43.05% Upside2.82% Upside
Consensus Rating
Buy
Buy
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.
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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.
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Cameco Stock vs. The Competition

TypeCamecoBasic Materials CompaniesS&P 500
Consensus Rating Score
3.25
2.78
2.54
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside36.88% Upside146.39% Upside12.69% Upside
News Sentiment Rating
Positive News

See Recent CCJ News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/20/2025The Goldman Sachs Group
3 of 5 stars
Brian Lee
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Initiated CoverageBuy$65.00+27.05%
5/14/2025Scotiabank
5 of 5 stars
 Reiterated RatingOutperform ➝ Outperform
4/4/2025Desjardins
2 of 5 stars
B. Adams
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Initiated CoverageBuy
4/1/2025Sanford C. Bernstein
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B. Brackett
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Initiated CoverageOutperform$52.00+26.26%
3/12/2025Stifel Canada
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R. Profiti
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UpgradeStrong-Buy
3/12/2025Glj Research
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Gordon Johnson
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Boost TargetBuy ➝ Buy$62.76 ➝ $75.68+81.51%
3/12/2025Stifel Nicolaus
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 Initiated CoverageBuy
3/4/2025Royal Bank of Canada
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Andrew Wong
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Reiterated RatingOutperform ➝ Outperform$90.00 ➝ $90.00+126.75%
10/4/2024Janney Montgomery Scott
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T. Meric
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UpgradeStrong-Buy
9/3/2024National Bank Financial
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M. Sidibe
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UpgradeStrong-Buy
7/31/2024Cantor Fitzgerald
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M. Kozak
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UpgradeNeutral ➝ Overweight
6/26/2024Bank of America
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 Boost TargetBuy ➝ Buy$59.00 ➝ $60.50+19.64%
10/3/2023TD Securities
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 Boost TargetAction List Buy ➝ Action List BuyC$55.00 ➝ C$70.00
9/5/2023Canaccord Genuity Group
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 Boost TargetBuy ➝ Buy$49.50 ➝ $56.00+50.58%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 08:53 PM 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 Friday, May 16, 2025. Please send any questions or comments about these Cameco pros and cons to contact@marketbeat.com.

Cameco
Bull Case

green Wall Street bull icon

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

  • The current stock price is around $51.58, which may present a buying opportunity for investors looking to enter at a lower price point.
  • Recent analyst upgrades have improved the consensus rating to "Buy," indicating positive sentiment and potential for price appreciation.
  • Institutional ownership is strong, with over 70% of shares held by institutional investors, suggesting confidence in the company's future performance.
  • Cameco Co. has a solid financial position, with a low debt-to-equity ratio, indicating less financial risk compared to companies with higher debt levels.
  • Analysts have set ambitious price targets, with some estimates reaching as high as $90.00, which could signal significant upside potential for investors.

Cameco
Bear Case

red Wall Street bear icon

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

  • The stock has experienced volatility, with a one-year high of $62.55 and a low of $35.00, indicating potential risks associated with price fluctuations.
  • Despite recent upgrades, there remains a mix of ratings, with some analysts still cautious, which could lead to uncertainty in stock performance.
  • The company's high P/E ratio suggests that it may be overvalued compared to its earnings, which could deter value-focused investors.
  • Recent selling by some institutional investors, such as Focus Partners Wealth, may raise concerns about insider confidence in the stock's future.
  • Market conditions can impact the basic materials sector, and any downturn could adversely affect Cameco Co.'s stock performance.

CCJ Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Cameco is $70.53, with a high forecast of $90.00 and a low forecast of $52.00.

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cameco in the last twelve months. There are currently 9 buy ratings and 3 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CCJ shares.

According to analysts, Cameco's stock has a predicted upside of 34.60% based on their 12-month stock forecasts.

Over the previous 90 days, Cameco's stock had 1 upgrade by analysts.

Cameco has been rated by research analysts at Desjardins, Glj Research, Royal Bank of Canada, Sanford C. Bernstein, Scotiabank, Stifel Canada, Stifel Nicolaus, and The Goldman Sachs Group in the past 90 days.

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


This page (NYSE:CCJ) was last updated on 5/20/2025 by MarketBeat.com Staff
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