Raymond James Financial Raises Earnings Estimates for Cameco

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Equities researchers at Raymond James Financial boosted their Q2 2025 earnings per share (EPS) estimates for Cameco in a research note issued on Tuesday, June 17th. Raymond James Financial analyst B. Macarthur now anticipates that the company will post earnings of $0.55 per share for the quarter, up from their prior estimate of $0.54. Raymond James Financial has a “Outperform” rating and a $102.00 price objective on the stock. Raymond James Financial also issued estimates for Cameco’s Q3 2025 earnings at $0.35 EPS, FY2025 earnings at $1.65 EPS, Q1 2026 earnings at $0.35 EPS, Q2 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.58 EPS, Q4 2026 earnings at $0.93 EPS and FY2026 earnings at $2.33 EPS.

CCO has been the topic of a number of other research reports. Bank of America increased their price objective on shares of Cameco from C$93.00 to C$106.00 in a report on Tuesday, June 10th. BMO Capital Markets increased their price target on shares of Cameco from C$85.00 to C$95.00 and gave the company an “outperform” rating in a research note on Monday, June 9th. TD Securities boosted their price objective on shares of Cameco from C$77.00 to C$100.00 and gave the stock a “buy” rating in a research report on Monday, June 9th. Stifel Canada upgraded Cameco to a “strong-buy” rating in a research report on Wednesday, March 12th. Finally, Canaccord Genuity Group lifted their target price on Cameco from C$83.50 to C$92.00 and gave the company a “buy” rating in a research note on Monday, June 9th. Nine research analysts have rated the stock with a buy rating and five have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of C$94.93.

Cameco Stock Performance

Cameco stock opened at C$94.33 on Wednesday. The stock has a 50-day simple moving average of C$73.37 and a 200 day simple moving average of C$70.44. The stock has a market capitalization of C$41.52 billion, a price-to-earnings ratio of 356.41, a P/E/G ratio of 2.22 and a beta of 0.90. The company has a quick ratio of 3.74, a current ratio of 2.88 and a debt-to-equity ratio of 20.35. Cameco has a 12-month low of C$48.71 and a 12-month high of C$96.64.

Cameco Company Profile

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.