TSE:CCO

Cameco Corporation (CCO.TO)

134.01
-0.81 (0.60%)
as of Sep 11, 2026, 8:00:01 pm Market Open.
548 watching
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Investor Insights
star iconSep 13, 2026, 12:00 am

This summary was created by AI, based on 38 opinions in the last 12 months.

Cameco Corporation (CCO-T) continues to attract attention as a leading player in the uranium sector, benefiting from increasing demand for nuclear energy amid global transitions toward cleaner energy sources. Experts mention the mixed recent results but highlight substantial growth potential, particularly driven by factors such as AI requirements for electricity and the ongoing nuclear renaissance. Many analysts observe short-term volatility and price corrections; however, the long-term outlook remains bullish given the expected uranium supply-demand tightness and Cameco's strategic investments, like its stake in Westinghouse. Despite analysts pointing to high valuations currently, with price earnings multiples generally above 70, CCO-T is still viewed as a solid option for growth in an evolving energy landscape.

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Consensus
Bullish
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Valuation
Overvalued
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Similar
Uranium, U.UN
BUY ON WEAKNESS
She's been looking at uranium long term as a viable, even green, energy source. She's watching Cameco--lots of capacity. These stocks have done very well this year, so she's waiting for a pullback.
BUY
CCO vs. NXE He'd prefer CCO, as it's more mature. Outlook for uranium is quite positive, given war in Ukraine and energy bottlenecks. High quality. Well run, efficient. Pays a dividend.
BUY
CCO vs. NXE Uranium looks good, one of the sectors that's up on the year. Demand is strong, supply is getting tighter. Institutional quality, anyone can invest in it. Good cycle in front of us. Whereas NXE is a much-earlier-stage company, so risks are higher. He owns both.
WEAK BUY
CCO vs. NXE He'd lean towards CCO, go-to name, largest producer in the world. The large players attract more international interest. NXE is a small cap, it may not get as much interest, and so the valuation may not get as high. CCO valuation is a bit extended. Outlook for uranium is positive. He'd look at the Sprott U.UN, which is a direct play on uranium prices, rather than the producers.
BUY
Shown good discipline managing supply into the market. Good proxy for uranium, which looks good going forward. Future will be more modular, smaller scale and capex. Yield around only 0.5%, which he could see growing over time.
BUY
Allan Tong’s Discover Picks Despite these realities, nuclear is coming back and so is uranium, its essential ingredient. Cameco is the go-to stock here. U.S. President Biden announced in early June that he’s pushing for $4.3 billion plan to buy enriched uranium from domestic producers to wean the country off Vladimir Putin’s supply. On June 7, shares of Cameco soared from roughly $31.40 to $34.40. Shares peeled back over the rest of the week, but remained well above $32.50. Even prior to that, Cameco was making 52-week highs, touching $40 in mid-April, nearly double its late-January price. Cameco has momentum. Read 3 rock stars of the mineral stocks for our full analysis.
HOLD
Lots of volatility in the space, but sees the 2-5 year trend going up. Uranium price has to clear 75 USD to incentivize production necessary for the world to continue to increase its standard of living in carbon-free electrical generation. Second-best in the world. Nice free cash. Reasonable dividend.
BUY ON WEAKNESS
uranium stocks outlook Nuclear power is one of the few ways of solving the need for non-fossil fuel energy, but these plants need 10-15 years to build. Plants in China and the Middle East are in progress. Buy this below $30 and hold 10 years. It moves over a long period of time. He targets $50-60 in 3-5 years. Could be volatile short term.
PAST TOP PICK
(A Top Pick Feb 08/21, Up 42%) Uranium facing a supply shortage, which creates a large opportunity. Shift back to nuclear power is raising demand. Has recently sold position as stock price was too high. If share price falls to ~$20, will buy again.
SELL
Overshot on valuation. Sold recently. Uranium price went up, but the next move needs demand in the market to move the price higher. Commodity prices will stall for the time being. If the valuation and commodity price were favourable, he'd revisit.
PAST TOP PICK
(A Top Pick Dec 15/20, Up 61%) Stock got way ahead of the commodity price, and the commodity price might stall out. It could be really volatile. Hopefully, the supply and demand will line up at a point in the future.
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock moved up 10% on good revenues and earnings. The latest quarter beat estimates. Dividends were increased by 50%. EPS beat significantly. Can buy it today. Unlock Premium - Try 5i Free

BUY ON WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock is down roughly 30% since highs. However, no real news has been reported. It broke their 200-day moving average, that could have brought out more sellers. Comfortable buying here. Unlock Premium - Try 5i Free

COMMENT
A uranium producer. Shares have done quite well. Nuclear is a viable, non-carbon energy producer, but can nuclear overcome negative impacts when things go terribly wrong (a nuclear accident). She doesn't know. To buy Cameco, you must have a positive, long-term outlook for uranium.
COMMENT
The biggest problem with nuclear power is no one wants it in their back yard. Germany, Japan and others are backing out of expansion, despite the benefit from a climate change perspective
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