Cameco Corp

Cameco Corp Stock Forecast & Price Prediction

Live Cameco Corp Stock (CCJ) Price
$51.84

8

Ratings

  • Buy 6
  • Hold 1
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$51.84

P/E Ratio

117.82

Volume Traded Today

$6.9M

Dividend

$0.088

52 Week High/low

56.24/35.43

Cameco Corp Market Cap

$22.59B

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CCJ Summary

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.

CCJ Analyst Ratings

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.

CCJ stock forecast by analyst

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

CCJ Company Information

What They Do: Provides uranium for electricity generation.

Business Model: The company operates through three main segments: Uranium, Fuel Services, and Westinghouse. It generates revenue by exploring, mining, and selling uranium concentrate, offering fuel processing services, and manufacturing nuclear reactor technology. Additionally, it provides engineering support and maintenance services to commercial utilities and government agencies.

Other Information: Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada. It serves nuclear utilities across the Americas, Europe, and Asia, positioning itself as a key player in the nuclear energy sector.
CCJ
Cameco Corp (CCJ)

When did it IPO

1996

Staff Count

0

Country

Canada

Sector/Industry

Energy/Uranium

CEO

Mr. Timothy S. Gitzel

Market Cap

$22.59B

Cameco Corp (CCJ) Financial Data

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

$1.80B

Revenue From 2021

$1.47B

-18.06 %
From Previous Year

Revenue From 2022

$1.87B

26.65 %
From Previous Year

Revenue From 2023

$2.59B

38.53 %
From Previous Year
  • Revenue TTM $1.95B
  • Operating Margin TTM 15.4%
  • Gross profit TTM $561.7M
  • Return on assets TTM 2.4%
  • Return on equity TTM 4.2%
  • Profit Margin 9.7%
  • Book Value Per Share 14.23%
  • Market capitalisation $22.59B
  • Revenue for 2021 $1.47B
  • Revenue for 2022 $1.87B
  • Revenue for 2023 $2.59B
  • EPS this year (TTM) $0.44

Cameco Corp (CCJ) Latest News

News Image

Sat, 05 Oct 2024

Sentiment - NEUTRAL

Source - The Motley Fool

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.

News Image

Sun, 06 Oct 2024

Sentiment - POSITIVE

Source - The Motley Fool

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.

News Image

Sat, 28 Sep 2024

Sentiment - POSITIVE

Source - The Motley Fool

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.

News Image

Mon, 30 Sep 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

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.

News Image

Wed, 25 Sep 2024

Sentiment - POSITIVE

Source - CNBC Television

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.

News Image

Fri, 27 Sep 2024

Sentiment - NEUTRAL

Source - The Motley Fool

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.

...

CCJ Frequently asked questions

The highest forecasted price for CCJ is $46.13169 from at .

The lowest forecasted price for CCJ is $29.82392 from from

The CCJ analyst ratings consensus are 6 buy ratings, 1 hold ratings, and 1 sell ratings.