Stifel Canada Issues Optimistic Forecast for Cameco Earnings

Cameco Co. (NYSE:CCJ) (TSE:CCO) – Equities researchers at Stifel Canada increased their Q3 2025 earnings per share (EPS) estimates for Cameco in a report released on Monday, June 9th. Stifel Canada analyst R. Profiti now anticipates that the basic materials company will earn $0.16 per share for the quarter, up from their previous estimate of $0.14. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for Cameco’s current full-year earnings is $1.27 per share. Stifel Canada also issued estimates for Cameco’s Q4 2025 earnings at $0.18 EPS, Q2 2026 earnings at $0.29 EPS, FY2026 earnings at $1.15 EPS, FY2027 earnings at $2.07 EPS, FY2028 earnings at $2.37 EPS and FY2029 earnings at $2.28 EPS.

Several other brokerages also recently weighed in on CCJ. Royal Bank of Canada reaffirmed an “outperform” rating and set a $90.00 price target on shares of Cameco in a report on Tuesday, March 4th. The Goldman Sachs Group initiated coverage on Cameco in a report on Tuesday, May 20th. They set a “buy” rating and a $65.00 price target for the company. Stifel Nicolaus initiated coverage on Cameco in a report on Wednesday, March 12th. They set a “buy” rating for the company. Sanford C. Bernstein set a $70.00 price target on Cameco and gave the stock an “outperform” rating in a report on Tuesday. Finally, Desjardins initiated coverage on Cameco in a report on Friday, April 4th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a hold rating, ten have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, Cameco has an average rating of “Buy” and an average price target of $73.53.

Cameco Price Performance

Shares of NYSE CCJ opened at $63.80 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.88 and a quick ratio of 1.26. The stock has a fifty day moving average price of $48.97 and a 200 day moving average price of $49.34. Cameco has a 1-year low of $35.00 and a 1-year high of $68.12. The company has a market cap of $27.77 billion, a PE ratio of 227.86 and a beta of 0.97.

Cameco (NYSE:CCJ) (TSE:CCO) last posted its quarterly earnings data on Thursday, May 1st. The basic materials company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.07). The firm had revenue of $549.58 million during the quarter, compared to analyst estimates of $890.07 million. Cameco had a net margin of 5.39% and a return on equity of 4.34%. Cameco’s revenue was up 24.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.13 earnings per share.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Sierra Ocean LLC purchased a new position in Cameco in the fourth quarter worth $25,000. Hurley Capital LLC purchased a new position in shares of Cameco in the fourth quarter valued at $27,000. Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of Cameco in the fourth quarter valued at $28,000. Manchester Capital Management LLC increased its position in shares of Cameco by 100.0% in the first quarter. Manchester Capital Management LLC now owns 600 shares of the basic materials company’s stock valued at $25,000 after buying an additional 300 shares in the last quarter. Finally, Whipplewood Advisors LLC purchased a new position in shares of Cameco in the fourth quarter valued at $33,000. Hedge funds and other institutional investors own 70.21% of the company’s stock.

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.