Raymond James Financial Predicts Higher Earnings for Cameco

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Analysts at Raymond James Financial upped their Q2 2025 earnings estimates for Cameco in a report released on Tuesday, June 17th. Raymond James Financial analyst B. Macarthur now anticipates that the company will post earnings of $0.55 per share for the quarter, up from their previous forecast of $0.54. Raymond James Financial currently has a “Outperform” rating and a $102.00 price target on the stock. Raymond James Financial also issued estimates for Cameco’s Q3 2025 earnings at $0.35 EPS, FY2025 earnings at $1.65 EPS, Q1 2026 earnings at $0.35 EPS, Q2 2026 earnings at $0.46 EPS, Q3 2026 earnings at $0.58 EPS, Q4 2026 earnings at $0.93 EPS and FY2026 earnings at $2.33 EPS.

Several other equities analysts have also recently issued reports on the stock. Stifel Nicolaus boosted their price target on shares of Cameco from C$90.00 to C$105.00 in a research report on Tuesday, June 10th. Desjardins upped their price objective on shares of Cameco from C$85.00 to C$105.00 and gave the stock a “buy” rating in a report on Tuesday. Scotiabank upped their price objective on shares of Cameco from C$93.00 to C$95.00 in a report on Monday. Canaccord Genuity Group upped their price objective on shares of Cameco from C$83.50 to C$92.00 and gave the stock a “buy” rating in a report on Monday, June 9th. Finally, Sanford C. Bernstein upgraded shares of Cameco to a “strong-buy” rating in a report on Tuesday, April 1st. Nine investment analysts have rated the stock with a buy rating and five have given a strong buy rating to the stock. According to data from MarketBeat.com, Cameco has an average rating of “Buy” and a consensus target price of C$94.93.

Cameco Price Performance

Shares of TSE CCO opened at C$95.43 on Wednesday. Cameco has a 1 year low of C$48.71 and a 1 year high of C$96.64. The company has a debt-to-equity ratio of 20.35, a current ratio of 2.88 and a quick ratio of 3.74. The company’s 50-day moving average is C$72.57 and its 200 day moving average is C$70.36. The stock has a market capitalization of C$42.00 billion, a P/E ratio of 360.56, a P/E/G ratio of 2.22 and a beta of 0.90.

About Cameco

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.