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Cameco Corporation (CCJ)

76.91 -6.58 (-7.88%)
At close: October 30 at 4:00:02 PM EDT
76.94 +0.03 (+0.04%)
After hours: October 30 at 6:55:27 PM EDT
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CCJ Q3 2026 earnings call
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51m ago
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Cameco’s third-quarter results exposed near-term production and cost pressure from an extended Key Lake outage. Management narrowed 2026 operating guidance while maintaining its long-term nuclear-demand outlook, supported by contracted deliveries and Westinghouse contributions.

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  • Previous Close 83.49
  • Open 75.72
  • Bid 76.83 x 50000
  • Ask 76.47 x 130000
  • Day's Range 73.89 - 77.26
  • 52 Week Range 73.89 - 135.24
  • Volume 9,546,307
  • Avg. Volume 3,111,001
  • Market Cap (intraday) 33.497B
  • Beta (5Y Monthly) 1.14
  • PE Ratio (TTM) 116.53
  • EPS (TTM) 0.66
  • Earnings Date Oct 30, 2026
  • Forward Dividend & Yield 0.17 (0.22%)
  • 1y Target Est 125.88
  • Zacks Rating Neutral

Cameco Corporation provides uranium for the generation of electricity in the Americas, Europe, and Asia. It operates in three segments: Uranium, Fuel Services, and Westinghouse. The Uranium segment engages in the exploration for, mining, milling, purchase, and sale of uranium concentrate. Its Fuel Services segment is involved in the refining, conversion, and fabrication of uranium concentrate, as well as purchase and sale of conversion services. The Westinghouse segment operates as a nuclear reactor technology original equipment manufacturer and a provider of products and services to commercial utilities and government agencies. It also provides outage and maintenance, engineering support, instrumentation and controls equipment, and plant modification services, as well as components and parts to nuclear reactors. The company sells its uranium and fuel products and services to nuclear utilities. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada.

www.cameco.com

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Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Uranium

Industry

Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index (^GSPTSE) .

YTD Return

CCJ
15.83%
S&P/TSX Composite index (^GSPTSE)
11.78%

1-Year Return

CCJ
26.41%
S&P/TSX Composite index (^GSPTSE)
18.03%

3-Year Return

CCJ
104.33%
S&P/TSX Composite index (^GSPTSE)
88.90%

5-Year Return

CCJ
220.43%
S&P/TSX Composite index (^GSPTSE)
69.32%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 619.06M
Earnings 42.72M
Profit Margin 6.90%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
200M
400M
600M
800M
1B
1B
5.0%
10.0%
15.0%

Analyst Insights

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Top Analyst

GLJ Research
83/100
Latest Rating
Buy

Analyst Price Targets

84.77
125.88 Average
76.91 Current
172.45 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/22/2026
Analyst Truist Securities
Rating Action Maintains
Rating Buy
Price Action Lowers
Price Target 130 -> 125

Statistics

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Valuation Measures

Annual
As of 10/29/2026
  • Market Cap

    36.31B

  • Enterprise Value

    36.23B

  • Trailing P/E

    142.53

  • Forward P/E

    48.89

  • PEG Ratio (current)

    2.40

  • Price/Sales (ttm)

    14.47

  • Price/Book (mrq)

    7.24

  • Enterprise Value/Revenue

    14.41

  • Enterprise Value/EBITDA

    61.33

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    10.21%

  • Return on Assets (ttm)

    2.98%

  • Return on Equity (ttm)

    5.11%

  • Revenue (ttm)

    3.47B

  • Net Income Avi to Common (ttm)

    354.89M

  • Diluted EPS (ttm)

    0.66

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.11B

  • Total Debt/Equity (mrq)

    17.13%

  • Levered Free Cash Flow (ttm)

    49.99M

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Company Insights

Fair Value

76.91 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

Research Reports

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  • Raising target price to $92.00

    CAMECO CORP has an Investment Rating of BUY; a target price of $92.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.

  • Lowering target price to $90.00

    CAMECO CORP has an Investment Rating of BUY; a target price of $90.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.

  • Lowering target price to $96.00

    CAMECO CORP has an Investment Rating of BUY; a target price of $96.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.

  • Raising target price to $104.00

    CAMECO CORP has an Investment Rating of BUY; a target price of $104.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.

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