Raymond James Issues Optimistic Estimate for Cameco Earnings

Cameco Co. (TSE:CCOFree Report) (NYSE:CCJ) – Investment analysts at Raymond James increased their Q1 2026 earnings estimates for shares of Cameco in a research report issued on Tuesday, June 10th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of $0.34 per share for the quarter, up from their prior forecast of $0.33. Raymond James has a “Outperform” rating and a $88.00 price objective on the stock. Raymond James also issued estimates for Cameco’s Q2 2026 earnings at $0.44 EPS, Q3 2026 earnings at $0.55 EPS, Q4 2026 earnings at $0.89 EPS and FY2026 earnings at $2.22 EPS.

A number of other brokerages have also commented on CCO. Stifel Nicolaus boosted their price objective on shares of Cameco from C$90.00 to C$105.00 in a report on Tuesday, June 10th. National Bankshares upped their target price on shares of Cameco from C$81.00 to C$95.00 in a research note on Monday, June 9th. Bank of America upped their target price on shares of Cameco from C$93.00 to C$106.00 in a research note on Tuesday, June 10th. TD Securities upped their target price on shares of Cameco from C$77.00 to C$100.00 and gave the company a “buy” rating in a research note on Monday, June 9th. Finally, Stifel Canada upgraded shares of Cameco to a “strong-buy” rating in a research note on Wednesday, March 12th. Eight analysts have rated the stock with a buy rating and five have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$92.92.

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Cameco Stock Performance

Shares of CCO stock opened at C$90.53 on Friday. Cameco has a 12 month low of C$48.71 and a 12 month high of C$93.22. The company has a debt-to-equity ratio of 20.35, a current ratio of 2.88 and a quick ratio of 3.74. The firm has a market capitalization of C$39.85 billion, a P/E ratio of 342.05, a P/E/G ratio of 2.22 and a beta of 0.90. The company’s fifty day moving average price is C$70.19 and its two-hundred day moving average price is C$70.03.

Cameco Company Profile

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Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.

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Earnings History and Estimates for Cameco (TSE:CCO)

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