Raymond James Has Pessimistic View of Cameco Q4 Earnings

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Equities researchers at Raymond James lowered their Q4 2025 earnings estimates for shares of Cameco in a report issued on Monday, June 9th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings per share of $0.59 for the quarter, down from their previous estimate of $0.60. Raymond James has a “Outperform” rating and a $88.00 price target on the stock. Raymond James also issued estimates for Cameco’s Q1 2026 earnings at $0.33 EPS, Q2 2026 earnings at $0.43 EPS, Q3 2026 earnings at $0.53 EPS, Q4 2026 earnings at $0.87 EPS and FY2026 earnings at $2.16 EPS.

A number of other brokerages also recently weighed in on CCO. National Bankshares raised their target price on shares of Cameco from C$81.00 to C$95.00 in a research note on Monday. Berenberg Bank raised their target price on shares of Cameco from C$75.00 to C$96.00 in a report on Tuesday. Canaccord Genuity Group raised their price target on Cameco from C$83.50 to C$92.00 and gave the stock a “buy” rating in a research note on Monday. TD Securities raised their price target on Cameco from C$77.00 to C$100.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Sanford C. Bernstein raised Cameco to a “strong-buy” rating in a research note on Tuesday, April 1st. Eight equities research analysts have rated the stock with a buy rating and five have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$92.92.

Cameco Price Performance

Shares of TSE:CCO opened at C$87.32 on Tuesday. Cameco has a fifty-two week low of C$48.71 and a fifty-two week high of C$93.22. The company’s 50-day moving average is C$67.95 and its 200 day moving average is C$69.85. The company has a market capitalization of C$38.43 billion, a P/E ratio of 329.92, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90. The company has a debt-to-equity ratio of 20.35, a quick ratio of 3.74 and a current ratio of 2.88.

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.