Cameco
About: Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. It has three reportable segments, Uranium, Fuel Services, and Westinghouse. It derives maximum revenue from the Westinghouse Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre, and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia, and the United States.
Employees: 2,884
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
101% more first-time investments, than exits
New positions opened: 147 | Existing positions closed: 73
19% more capital invested
Capital invested by funds: $13.9B [Q3] → $16.5B (+$2.59B) [Q4]
16% more call options, than puts
Call options by funds: $816M | Put options by funds: $704M
12% more repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 230
10% more funds holding
Funds holding: 671 [Q3] → 736 (+65) [Q4]
9% more funds holding in top 10
Funds holding in top 10: 32 [Q3] → 35 (+3) [Q4]
0.5% more ownership
Funds ownership: 66.83% [Q3] → 67.33% (+0.5%) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$76
68%
upside
Avg. target
$83
83%
upside
High target
$90
99%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
GLJ Research Gordon Johnson 57% 1-year accuracy 17 / 30 met price target | 68%upside $76 | Buy Maintained | 12 Mar 2025 |
RBC Capital Andrew Wong 62% 1-year accuracy 8 / 13 met price target | 99%upside $90 | Outperform Reiterated | 4 Mar 2025 |
Financial journalist opinion
Based on 9 articles about CCJ published over the past 30 days
Positive
The Motley Fool
1 day ago
Where Will Cameco Stock Be in 1 Year?
The spot price for uranium, the crucial element for producing nuclear power, has roughly doubled over the past five years. That growth was fueled by the world's renewed interest in nuclear power as a clean energy source, geopolitical conflicts driving more markets away from fossil fuels, and rapid expansion of the power-hungry artificial intelligence, cloud, and data center markets.
Positive
The Motley Fool
3 days ago
3 No-Brainer Energy Stocks to Buy With $500 Right Now
With the rise of artificial intelligence (AI) algorithms and a push for investment in domestic production and manufacturing, the United States could see a surge in energy demand. As the appetite for energy grows, there are excellent investment opportunities for some of the energy sector's largest players.
Positive
Zacks Investment Research
6 days ago
Cameco Gears Up to Report Q1 Earnings: What's in Store for the Stock?
CCJ's Q1 results are likely to reflect the impacts of higher uranium sales volumes, offset by lower prices.
Positive
Zacks Investment Research
1 week ago
Here's Why Cameco (CCJ) Gained But Lagged the Market Today
Cameco (CCJ) closed at $40.18 in the latest trading session, marking a +1.44% move from the prior day.
Negative
Proactive Investors
2 weeks ago
Tariffs loom large as North American mining companies prepare for Q1 results
North American metals and mining companies are set to begin reporting first-quarter 2025 earnings this week, with investor focus turning sharply to the demand outlook in light of accelerating global tariffs, according to a new note from Bank of America. “Key issues to watch are updated tariff-informed demand outlooks, cost pressures vs.
Positive
Seeking Alpha
2 weeks ago
Cameco Corp: Unrivaled Western Uranium Hegemony From Mines To Micro Reactors Edge
I am bullish on Cameco due to its strong uranium production capacity and market dominance in the Western region, despite reduced production guidance. Cameco's strategic contracts to sell 220 million pounds of uranium to 41 global customers, with a significant focus on Western markets, bolster its bullish potential. The company's strong financials, including a significant increase in adjusted EBITDA and a robust balance sheet, highlight its solid financial health and growth prospects.
Positive
Seeking Alpha
2 weeks ago
Cameco's Term Market Growth May Help Power Stock
Cameco Corporation is well-positioned for long-term growth due to its dominant position and focus on long-term contracts in the uranium market. Despite mixed FY2024 results, Cameco's strong revenue growth and constantly expanding contract portfolio highlight its strategic advantages. Cameco's lower production costs and extensive industry experience make it a strong choice for risk-averse utilities, helping keep its market leadership.
Neutral
The Motley Fool
3 weeks ago
Is Cameco Stock a Buy Now?
With artificial intelligence (AI) increasing demand for electricity, nuclear energy is becoming a more viable option. In fact, all three big cloud computing companies have announced major investments in nuclear power.
Negative
Zacks Investment Research
3 weeks ago
UUUU Vs CCJ: Which Uranium Stock is a Better Bet Amid a Market Slump?
Lower uranium prices create difficulties for Energy Fuels and Cameco. Find out which stock is better placed to endure the downturn and is a better pick now.
Positive
The Motley Fool
1 month ago
Is Cameco a Stock to Buy and Hold Forever? Here's Why It Could Be.
If you want to invest in the potential growth of the nuclear power industry but don't want to take on the risk of a reactor start-up like NuScale Power or own a "boring" regulated utility, you'll want to get to know Cameco (CCJ -1.85%). Without the nuclear fuel that Cameco produces, nuclear power plants can't run.
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