Cameco (CCO) Stock Forecast & Price Target

C$104.43 +0.35 (+0.34%)

As of 08/14/2025 04:00 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

Buy

Based on 13 Analyst Ratings

Sell
0

Hold
0

Buy
13

Based on 13 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 13 analysts, 9 have given a buy rating, and 4 have given a strong buy rating for CCO.

Consensus Price Target

C$106.31
1.80% Upside

According to the 13 analysts' twelve-month price targets for Cameco, the average price target is C$106.31. The highest price target for CCO is C$117.00, while the lowest price target for CCO is C$78.00. The average price target represents a forecasted upside of 1.80% from the current price of C$104.43.

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CCO Analyst Ratings Over Time

Type	Current Forecast 8/15/24 to 8/15/25	1 Month Ago 7/16/24 to 7/16/25	3 Months Ago 5/17/24 to 5/17/25	1 Year Ago 8/16/23 to 8/15/24
Strong Buy	4 Strong Buy rating(s)	5 Strong Buy rating(s)	5 Strong Buy rating(s)	2 Strong Buy rating(s)
Buy	9 Buy rating(s)	9 Buy rating(s)	7 Buy rating(s)	7 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$106.31	C$97.23	C$82.75	C$77.67
Forecasted Upside	1.80% Upside	-6.73% Downside	15.38% Upside	38.62% Upside
Consensus Rating	Buy	Buy	Buy	Buy

CCO 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.

CCO 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
Consensus Rating Score	3.31	2.66
Consensus Rating	Buy	Moderate Buy
News Sentiment Rating	Negative News See Recent CCO News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/5/2025	TD Securities 4 of 5 stars		Boost Target	Buy	C$115.00 ➝ C$117.00	+13.52%
8/5/2025	BMO Capital Markets 4 of 5 stars		Boost Target		C$105.00 ➝ C$110.00	+6.72%
8/1/2025	Scotiabank 5 of 5 stars		Boost Target	Outperform	C$100.00 ➝ C$110.00	+10.55%
8/1/2025	Royal Bank Of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$100.00 ➝ C$110.00	+10.55%
8/1/2025	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	C$105.00 ➝ C$110.00	+10.55%
8/1/2025	Raymond James Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$102.00 ➝ C$115.00	+15.58%
7/30/2025	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	C$92.00 ➝ C$115.00	+7.21%
7/24/2025	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$100.00 ➝ C$110.00	+1.25%
7/22/2025	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$105.00 ➝ C$115.00	+8.79%
6/10/2025	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$75.00 ➝ C$96.00	+10.80%
Get the Latest News and Ratings for CCO and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Cameco and its competitors with MarketBeat's FREE daily newsletter.
6/10/2025	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$93.00 ➝ C$106.00	+22.35%
4/1/2025	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Brackett Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
3/12/2025	Stifel Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Profiti Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
11/8/2024	Eight Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$80.00 ➝ C$90.00	+24.09%
10/4/2024	Janney Montgomery Scott Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Meric Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
9/3/2024	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Sidibe Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
7/31/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Kozak Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
6/20/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$74.00 ➝ C$80.00	+12.74%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 06:21 AM ET.

Should I Buy Cameco Stock? CCO 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 Wednesday, August 13, 2025. 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 current stock price is around C$104, which reflects a strong upward trend, indicating positive market sentiment towards the company.
Recent analyst upgrades have set price targets as high as C$105, suggesting that there is significant potential for further price appreciation.
Cameco Co. has a solid market capitalization of approximately C$47.68 billion, indicating a strong position in the uranium market.
The company has received multiple "buy" ratings from analysts, with a consensus rating of "Buy," which can instill confidence in potential investors.
With a low debt-to-equity ratio, Cameco Co. demonstrates financial stability, making it a potentially safer investment option in the volatile energy sector.

Cameco
Bear Case

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

The stock has a high PE ratio, which may indicate that it is overvalued compared to its earnings, potentially leading to a price correction.
Market volatility in the uranium sector can pose risks, as fluctuations in demand and supply can significantly impact stock performance.
Despite recent positive trends, the stock's performance can be influenced by broader economic conditions, which may not always favor the energy sector.
Investors should consider the company's reliance on uranium prices, which can be unpredictable and subject to geopolitical factors.
While the company has a strong market position, competition in the energy sector is increasing, which could affect its market share and profitability.

CCO Forecast - Frequently Asked Questions

: According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Cameco is C$106.31, with a high forecast of C$117.00 and a low forecast of C$78.00.
: 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cameco in the last year. There are currently 9 buy ratings and 4 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CCO shares.
: According to analysts, Cameco's stock has a predicted upside of 1.80% based on their 12-month stock forecasts.
: Cameco has been rated by research analysts at Bank of America, Berenberg Bank, BMO Capital Markets, Canaccord Genuity Group, Desjardins, National Bankshares, Raymond James Financial, Royal Bank Of Canada, Scotiabank, Stifel Nicolaus, and TD Securities in the past 90 days.
: Analysts like Cameco more than other "energy" companies. The consensus rating for Cameco is Buy while the average consensus rating for "energy" companies is Moderate Buy. Learn more on how CCO compares to other companies.

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This page (TSE:CCO) was last updated on 8/15/2025 by MarketBeat.com Staff

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Cameco (CCO) Stock Forecast & Price Target