FY2026 Earnings Forecast for Cameco Issued By Scotiabank

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Research analysts at Scotiabank dropped their FY2026 EPS estimates for Cameco in a research report issued on Tuesday, August 4th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings per share of $1.17 for the year, down from their prior forecast of $1.48.

Cameco (TSE:CCO) (NYSE:CCJ) last announced its quarterly earnings data on Tuesday, May 5th. The company reported C$0.47 EPS for the quarter. The business had revenue of C$845.37 million for the quarter. Cameco had a net margin of 10.21% and a return on equity of 5.09%.

A number of other research firms also recently commented on CCO. National Bank Financial increased their price objective on shares of Cameco from C$175.00 to C$180.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Scotia lifted their target price on Cameco from C$150.00 to C$175.00 and gave the company a “sector outperform” rating in a research report on Wednesday, May 6th. Canaccord Genuity Group upped their target price on Cameco from C$185.00 to C$195.00 in a report on Wednesday, May 6th. Desjardins increased their price target on Cameco from C$185.00 to C$190.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Royal Bank Of Canada increased their price target on Cameco from C$160.00 to C$175.00 and gave the company an “outperform” rating in a research report on Monday, June 29th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$175.61.

Cameco Stock Down 0.6%

Shares of CCO stock opened at C$131.36 on Friday. The company has a current ratio of 3.06, a quick ratio of 3.74 and a debt-to-equity ratio of 14.14. Cameco has a 1 year low of C$95.60 and a 1 year high of C$182.72. The firm’s fifty day moving average price is C$138.25 and its two-hundred day moving average price is C$151.29. The firm has a market capitalization of C$57.21 billion, a P/E ratio of 162.17, a PEG ratio of 2.22 and a beta of 0.78.

Insider Transactions at Cameco

In related news, insider Alexandre Aubin sold 300 shares of Cameco stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of C$148.53, for a total transaction of C$44,559.00. Following the completion of the transaction, the insider owned 20 shares in the company, valued at approximately C$2,970.60. This trade represents a 93.75% decrease in their ownership of the stock. Company insiders own 0.15% of the company’s stock.

About Cameco

Cameco is one of the largest global providers of the uranium fuel needed to power a secure energy future. Our competitive position is based on our controlling ownership of the world’s largest high-grade reserves and low-cost operations, as well as significant investments across the nuclear fuel cycle, including ownership interests in Westinghouse Electric Company and Global Laser Enrichment. Utilities around the world rely on Cameco to provide global nuclear fuel solutions for the generation of safe, reliable, carbon-free nuclear power.