The Cameco Corp (CCJ) share price is expected to decrease by 22.61% over the next year. This is based on calculating the average 12-month share price estimate provided by 8 stock analysts who have covered CCJ. Price targets range from $29.82392 at the low end to $46.13169 at the high end. The current analyst consensus for CCJ is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Cameco Corp has a total of 8 Wall St Analyst ratings. There are 6 buy ratings, 1 ratings, and 1 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Cameco Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of CCJ.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Orest Wowkodaw Scotiabank | Outperform | $80 | Maintains | Aug 19, 2024 |
Gordon Johnson GLJ Research | Buy | $63.73 | Reiterates | Aug 14, 2024 |
Lawson Winder B of A Securities | Buy | $60.5 | Maintains | Jun 26, 2024 |
Neil Mehta Goldman Sachs | Buy | $62 | Maintains | Jun 7, 2024 |
Neil Mehta Goldman Sachs | Buy | $55 | Initiates | Apr 1, 2024 |
Greg Barnes TD Securities | Action List Buy | $70 | Maintains | Oct 3, 2023 |
Gordon Johnson GLJ Research | Buy | $66.45 | Maintains | Sep 12, 2023 |
Katie Lachapelle Canaccord Genuity | Buy | $56 | Maintains | Sep 5, 2023 |
Lawson Winder B of A Securities | Buy | $59 | Maintains | Sep 5, 2023 |
Greg Barnes TD Securities | Action List Buy | $55 | Maintains | Aug 3, 2023 |
Brian MacArthur Raymond James | Outperform | $52 | Maintains | Aug 3, 2023 |
Scotiabank | Outperform | $49 | Maintains | Jun 28, 2023 |
Scotiabank | Outperform | Maintains | Feb 10, 2023 | |
Scotiabank | Outperform | Maintains | Oct 17, 2022 | |
Alexander Pearce BMO Capital | Outperform | $42 | Upgrade | Mar 31, 2022 |
B of A Securities | Buy | Upgrade | Nov 3, 2021 | |
RBC Capital | Underperform | Downgrade | Dec 17, 2020 | |
TD Securities | Hold | Downgrade | May 2, 2019 | |
Andrew Wong RBC Capital | Sector Perform | $16 | Maintains | Nov 5, 2018 |
BMO Capital | Outperform | Upgrade | Sep 27, 2018 |
When did it IPO
1996
Staff Count
0
Country
Canada
Sector/Industry
Energy/Uranium
CEO
Mr. Timothy S. Gitzel
Market Cap
$22.59B
In 2023, CCJ generated $2.59B in revenue, which was a increase of 38.53% from the previous year. This can be seen as a signal that CCJ's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Nuclear power is gaining renewed support, suggesting a potential long-term trend in its favor that investors may want to consider.
Why It Matters - Renewed interest in nuclear power may drive investments in energy sectors, impacting stock prices, regulatory policies, and long-term energy strategies.
Summary - Nuclear power plant restarts indicate a resurgence in clean energy. Investors may consider three strategies to capitalize on this trend.
Why It Matters - Nuclear plant restarts signal renewed investment potential in clean energy, affecting energy stocks, ETFs, and related technologies, which can lead to growth and diversification opportunities.
Summary - A uranium producer is potentially poised for significant growth, suggesting a positive shift in the market for uranium investments.
Why It Matters - A potential resurgence in uranium production may indicate rising demand and prices, signaling investment opportunities in a sector poised for growth.
Summary - Cameco (CCJ) closed at $47.76, reflecting a decline of 0.46% from the previous trading session.
Why It Matters - Cameco's slight decline in stock price may signal investor sentiment or market conditions affecting uranium stocks, impacting future investment decisions.
Summary - Cameco CEO Tim Gitzel discusses rising nuclear demand and global uranium needs on 'Closing Bell Overtime,' highlighting potential opportunities in the uranium market.
Why It Matters - Rising nuclear demand and uranium interest signal potential growth in Cameco's market position, influencing stock performance and investment opportunities in energy sectors.
Summary - Nuclear energy stocks have risen significantly this week due to increased demand from big tech for power in AI data centers, although new plant deals are long-term projects.
Why It Matters - Rising nuclear energy stocks indicate heightened demand from tech for sustainable power, signaling potential long-term growth in the sector despite delayed project timelines.