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 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
103% more first-time investments, than exits
New positions opened: 148 | 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] → 737 (+66) [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
84%
upside
Avg. target
$83
101%
upside
High target
$90
119%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
GLJ Research Gordon Johnson 67% 1-year accuracy 16 / 24 met price target | 84%upside $76 | Buy Maintained | 12 Mar 2025 |
RBC Capital Andrew Wong 38% 1-year accuracy 5 / 13 met price target | 119%upside $90 | Outperform Reiterated | 4 Mar 2025 |
Financial journalist opinion
Based on 10 articles about CCJ published over the past 30 days
Negative
Proactive Investors
2 days 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
4 days 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
5 days 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
2 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
2 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
2 weeks 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.
Negative
Zacks Investment Research
3 weeks ago
Here's Why Cameco (CCJ) Fell More Than Broader Market
The latest trading day saw Cameco (CCJ) settling at $42.63, representing a -1.43% change from its previous close.
Neutral
Business Wire
4 weeks ago
Cameco Reports Document Filings
SASKATOON, Saskatchewan--(BUSINESS WIRE)---- $CCJ #cameco--Cameco (TSX: CCO; NYSE: CCJ) reported today that it filed its annual report on Form 40-F with the US Securities and Exchange Commission. The document includes Cameco's audited annual financial statements for the year ended December 31, 2024, its management's discussion and analysis (MD&A), and its Canadian annual information form (AIF). In addition, Cameco filed with Canadian securities regulatory authorities its AIF. Its audited annual financial st.
Positive
Zacks Investment Research
4 weeks ago
Why the Market Dipped But Cameco (CCJ) Gained Today
In the latest trading session, Cameco (CCJ) closed at $44.85, marking a +1.49% move from the previous day.
Positive
The Motley Fool
4 weeks ago
Could Westinghouse Be the Game Changer in Cameco's Growth Story?
Cameco (CCJ 2.48%) is a supplier to the nuclear power industry. There appears to be something of a nuclear renaissance taking shape, which positions the company for near-term success.
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