TSE:CCO

Cameco Corporation (CCO.TO)

146.84
-4.89 (3.22%)
as of Jun 25, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 25, 2026, 12:00 am

This summary was created by AI, based on 42 opinions in the last 12 months.

Cameco Corporation (CCO-T) is positioned as a prominent player in the uranium sector, benefiting from renewed interest in nuclear power as energy prices rise. Many experts highlight the strong demand for uranium driven by a broader shift towards clean energy and an increasing need for reliable power sources in data centers. While the stock has experienced significant appreciation over recent months, experts express concerns about its high valuation relative to earnings projections, with several suggesting a wait for a pullback before adding new positions. A consensus emerges that although the long-term outlook remains positive and CCO represents a strong player in the market, recent price gains may warrant caution for short-term investors. Overall, the combination of supply constraints and geopolitical factors supports a bullish sentiment for CCO's future performance, albeit tempered by valuation concerns.

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Consensus
Bullish
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Valuation
Overvalued
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NXE
WAIT
Uranium: Doesn’t own any Uranium except one junior. He exited seniors a couple of years ago and has not come back. Wait and see if you get any price movement.
BUY ON WEAKNESS
Stick with it. A premier uranium company and largest manufacturer of uranium in the world. Deposits are second to none. They are vertically integrated. China is committed to build 60 nuclear plants. An attractive entry point.
TOP PICK
One of the top uranium companies globally. With the Chinese, Indian and emerging market nuclear program there is going to be at risk that we don't have enough, not too much. Positioned for some real long-term gains.
HOLD
Japanese are desperately trying to get 2 nuclear power plants on stream as they don't want to see energy shortages this summer. Chinese are commissioning a few new plants and planning for quite a few more. Uranium at around $50 is probably bottoming out.
COMMENT
This is the bellwether in the uranium industry. Uranium prices have bottomed and seemed to be percolating up. This company probably won't get the full benefit as they still have to sell stuff that they hadn't sold previously. There is starting to be a building trend with regards to earnings. With natural gas at $2, it is dislocating a lot of things. Nuclear power may be displaced if natural gas prices stay low.
BUY
Fundamentally and technically it looks good. Chart shows a very long decline during 2011 followed by a nice upward move up to the mid-$20. Has pulled back and is starting to show some support. Today's action is very encouraging. As a trader in looks very good as you can Buy it now. Put a Stop on it but he is looking for $25.
PAST TOP PICK
(A Top Pick March 17/11. Down 22.1%.) Got stopped out at $25.30. Longer-term, the need for uranium will be continuing.
TOP PICK
Uranium story doesn't look so good now but he thinks it is going to improve. The chart shows a higher low. This is a leader.
WEAK BUY
He has been a long time believer in CCO and the Nuclear industry. Greenest way of producing a LOT of power. There is talk that new regulations for building reactors will make them uneconomic to run and this is giving him pause to think. The cost of the fuel is about 2% of the reactor cost. He is not as bullish as he used to be.
DON'T BUY
The problem with investing in Uranium is the cloud under which they operate under Japan. There is nothing driving Uranium. He would stand aside. Long Term we have to go to Uranium for power but short term there is a pull back,.
BUY
China announced importing more uranium. He doesn’t follow speculative miners that China might buy out. Sees positive things for Uranium. The world has no other choice but to use Uranium. These are smart operators with huge reserves. It will not get taken over. When Uranium goes higher, which he things it will, CCO will go higher too.
WAIT
Near term Uranium wont do much but if you have a good long-term view you could get this one. She is positive longer term on the commodity. Wait 6-12 months.
BUY
Canada had a good trade mission with China and it looks like they are more open to uranium exports. This has to be positive for this company. Earnings are steadily improving. Uranium price has nowhere to go but higher. The wildcard is Russia running out of nuclear material from their weapons.
HOLD
Uranium prices are sort of stuck in the $52 range and can see them being range bound for some time. This is a good name but is basically a Hold.
BUY
(Market Call Minute.) Likes this one. Great entry point.
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