Cameco (CCO) Stock Forecast & Price Target

Q: What analysts cover Cameco?

Cameco has been rated by research analysts at Barclays , Canaccord Genuity Group , Desjardins , National Bank Financial , Royal Bank Of Canada , Scotia , TD , and Truist Financial in the past 90 days.

C$119.23 -0.70 (-0.58%)

As of 04:18 PM Eastern

Compare

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

Consensus Rating

Moderate Buy

Based on 17 Analyst Ratings

Sell
0

Hold
3

Buy
14

Based on 17 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 17 analysts, 3 have given a hold rating, 12 have given a buy rating, and 2 have given a strong buy rating for CCO.

Consensus Price Target

C$176.17
47.76% Upside

According to the 17 analysts' twelve-month price targets for Cameco, the average price target is C$176.17. The highest price target for CCO is C$202.00, while the lowest price target for CCO is C$126.92. The average price target represents a forecasted upside of 47.76% from the current price of C$119.23.

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.

Get the Latest News and Ratings for CCO and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Cameco and its competitors.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

CCO Analyst Ratings Over Time

Type	Current Forecast 7/20/25 to 7/20/26	1 Month Ago 6/20/25 to 6/20/26	3 Months Ago 4/21/25 to 4/21/26	1 Year Ago 7/20/24 to 7/20/25
Strong Buy	2 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	4 Strong Buy rating(s)
Buy	12 Buy rating(s)	11 Buy rating(s)	11 Buy rating(s)	8 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	2 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$176.17	C$174.50	C$174.85	C$98.83
Forecasted Upside	47.76% Upside	15.51% Upside	9.67% Upside	-8.77% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate 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	2.94	2.40
Consensus Rating	Moderate Buy	Hold
News Sentiment Rating	Neutral 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

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
7/16/2026	Barclays 3 of 5 stars		Lower Target		C$149.00 ➝ C$147.00	+20.27%
7/14/2026	TD Not Rated		Boost Target	Buy	C$185.00 ➝ C$190.00	+47.63%
7/13/2026	Truist Financial 3 of 5 stars		Upgrade	Strong-Buy
6/29/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Outperform	C$160.00 ➝ C$175.00	+18.83%
5/6/2026	Scotia Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Sector Outperform	C$150.00 ➝ C$175.00	+4.50%
5/6/2026	Desjardins Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	C$185.00 ➝ C$190.00	+13.46%
5/6/2026	National Bank Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Outperform	C$175.00 ➝ C$180.00	+7.49%
5/6/2026	Canaccord Genuity Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target		C$185.00 ➝ C$195.00	+16.45%
4/20/2026	William Blair Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong-Buy
3/26/2026	TD Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Strong-Buy ➝ Hold
NVIDIA offered $40B. The answer was no. (Ad) Apple, NVIDIA, Google, Amazon, and Samsung all pay one company billions in royalties every year. NVIDIA tried to acquire it outright for $40 billion - the White House blocked the deal on national security grounds. So NVIDIA settled for a 20-year supply deal instead. Its architecture delivers '2-3x performance per watt' by NVIDIA's own admission, and its data-center royalties more than doubled last quarter. Analyst Dylan Jovine - who called Palantir at $7.38 and Rocket Lab at $3.80 - has named it his number-one pick ahead of its July 29th earnings report. See the pick and get in before the July 29th earnings call
3/9/2026	Canadian Imperial Bank of Commerce Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target		C$115.00 ➝ C$202.00	+30.74%
3/3/2026	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Outperform	C$175.00 ➝ C$180.00	+11.88%
2/19/2026	Berenberg Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target		C$201.00 ➝ C$183.00	+13.12%
2/17/2026	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Outperform	C$155.00 ➝ C$150.00	-3.16%
2/11/2026	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	C$165.00 ➝ C$180.00	+11.29%
2/5/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target		C$139.00 ➝ C$201.00	+33.63%
11/10/2025	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold
11/4/2025	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target		C$130.00 ➝ C$160.00	+16.28%
10/29/2025	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Buy	C$130.00 ➝ C$175.00	+16.60%
9/22/2025	President Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Neutral ➝ Buy	C$126.92	+6.26%
9/9/2025	CLSA Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Moderate Buy
11/8/2024	Eight Capital Subscribe to MarketBeat All Access for the firm's 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 firm's recommendation accuracy rating	T. Meric Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Strong-Buy
7/31/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Mike Kozak Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 07:47 PM 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, July 15, 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 current stock price is around C$133, which reflects a significant increase from its one-year low, indicating potential for growth.
Cameco Co. has a strong market capitalization of approximately C$72 billion, suggesting a solid position in the uranium market.
The company has a high current ratio, indicating good short-term financial health and the ability to cover its liabilities with its assets.
With a beta of 1.19, Cameco Co. shows a tendency to be more volatile than the market, which could lead to higher returns during market upswings.
Cameco Co. is one of the largest uranium producers globally, with the potential to increase production by restarting shut mines, which could enhance revenue in the long term.

Cameco
Bear Case

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

The company has a high price-to-earnings (P/E) ratio, which may indicate that the stock is overvalued compared to its earnings, posing a risk for investors.
Cameco Co. has a relatively low return on equity, suggesting that it may not be generating sufficient profit from its equity investments.
The company has a significant debt-to-equity ratio, which could indicate higher financial risk if market conditions worsen.
Recent trading volumes have been lower than average, which may suggest reduced investor interest or confidence in the stock.
Market conditions for uranium have been volatile, and any downturn could negatively impact Cameco Co.'s revenue and stock performance.

CCO Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Cameco is C$176.17, with a high forecast of C$202.00 and a low forecast of C$126.92.

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cameco in the last year. There are currently 3 hold ratings, 12 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CCO shares.

According to analysts, Cameco's stock has a predicted upside of 47.76% based on their 12-month stock forecasts.

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

Cameco has been rated by research analysts at Barclays, Canaccord Genuity Group, Desjardins, National Bank Financial, Royal Bank Of Canada, Scotia, TD, and Truist Financial 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 CCO compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Cameco Recommendations

This page (TSE:CCO) was last updated on 7/20/2026 by MarketBeat.com Staff.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Cameco (CCO) Stock Forecast & Price Target