Q2 Earnings Forecast for Cameco Issued By Desjardins

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Research analysts at Desjardins issued their Q2 2025 earnings per share (EPS) estimates for shares of Cameco in a report released on Thursday, July 17th. Desjardins analyst B. Adams expects that the company will post earnings of $0.44 per share for the quarter. Desjardins has a “Buy” rating and a $105.00 price objective on the stock.

Several other equities research analysts have also commented on the stock. Stifel Nicolaus boosted their target price on shares of Cameco from C$90.00 to C$105.00 in a research report on Tuesday, June 10th. Sanford C. Bernstein upgraded shares of Cameco to a “strong-buy” rating in a research note on Tuesday, April 1st. Raymond James Financial boosted their price objective on shares of Cameco from C$96.00 to C$102.00 and gave the stock an “outperform” rating in a report on Tuesday, June 17th. TD Securities lifted their price target on shares of Cameco from C$77.00 to C$100.00 and gave the company a “buy” rating in a research report on Monday, June 9th. Finally, Bank of America upped their price target on Cameco from C$93.00 to C$106.00 in a report on Tuesday, June 10th. Nine investment analysts have rated the stock with a buy rating and five have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of C$97.23.

Cameco Stock Up 1.1%

Cameco stock opened at C$108.34 on Friday. The stock’s 50 day moving average price is C$89.82 and its 200 day moving average price is C$73.63. Cameco has a 1-year low of C$48.71 and a 1-year high of C$109.84. The company has a market cap of C$47.68 billion, a PE ratio of 409.34, 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 current ratio of 2.88 and a quick ratio of 3.74.

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.