Cameco Corporation (CCO.TO) Buy, Sell or Hold

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Cameco Corporation (CCO.TO)

130.11

-3.90 (2.91%)

as of Sep 14, 2026, 6:49:55 pm Market Open.

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Investor Insights

Sep 14, 2026, 12:00 am

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

Cameco Corporation (CCO) has garnered a mix of reviews from experts, primarily centered on its long-term growth potential in the uranium sector amidst increasing global energy demands. Analysts point to the company's strong position as a low-cost uranium producer, especially as the world shifts towards nuclear energy for clean and reliable power. Current market volatility and a series of mixed results have prompted some analysts to recommend cautious trading strategies, looking for optimal entry points based on technical support levels. While many see potential in CCO, opinions diverge on its valuation, with some considering it overvalued in the current market environment. The consensus emphasizes a bullish outlook for uranium's role in future energy demands, particularly influenced by technological advancements and geopolitical factors affecting supply.

Consensus

Bullish

Valuation

Overvalued

Similar

Uranium-1

SELL ON STRENGTH

Down trend channel. Too soon to buy. Sell into any kind of a rally. Want to see it build a base before buying.

WEAK BUY

Made progress at cigar lake where they were having trouble. Sales were a bit sluggish. Uranium market is one he has always had trouble predicting. 10 year cycle to get a power plant into production. Demand will ultimately go up. Not sure how fast that is going to happen.

WAIT

This is a good longer-term bet but in the short term it has been quite disappointing. There are only a few places where we can get base rates in electricity and nuclear is going to make a comeback. It may be a year down the road before you start seeing things turn around. Also, uranium does better in the fall than in the summer.

PARTIAL BUY

There was a breakdown where it had gapped down to about $32. Chart now shows a clear downtrend but there is support at its current level. He thinks the risk/reward on this is pretty good. Long-term, the stock should take out the $44 high.

TOP PICK

Oversold in that there was too much deviation from the mean. The deviation was over 20%.

TOP PICK

All uranium stocks have been beaten down after the Japanese disaster. Countries like India and China will continue with their programs. Good time to acquire uranium stocks.

DON'T BUY

Large political element to the nuclear industry. Sold off a lot because of Japan’s earth quake. CCO also had problems at cigar lake. He is steering clear of uranium stocks.

COMMENT

There are other uranium players that he finds more attractive. Feels the uranium market is going to surprise to the upside a little. There are fewer options available for power generation. (See Top Picks.)

DON'T BUY

His model price is $29.81, a 17% upside but he thinks it is going to consolidate here. If it broke below the $23-$24 level, he thinks it will go down to $18.50. At best it will trade sideways.

DON'T BUY

Seasonally this usually bottoms around the end of February through until May. Technical trend does not look good. Strong downward move and he can’t see it bottoming.

TOP PICK

Nuclear disaster in Japan has had a negative impact on uranium stocks but China and India are not going to stop building nuclear reactors. Long term buying opportunity.

DON'T BUY

There are a lot of dynamics going on with this company. Uranium is the one base metal that he has always had the most trouble judging the supply/demand because of the political element that gets involved. The event in Japan has probably postponed many projects for some time. In the long run, nuclear is going to be part of the solution.

HOLD

Got hurt badly with the Japanese nuclear problem. This has been deeply oversold, so far beneath the 200 day that it is mathematically impossible to go any lower. Support on a point and figure is around $23.

COMMENT

Suffered tremendously from the problems in Japan with the nuclear reactor and from Germany threatening to mothball nuclear reactors. Most of the nuclear plants will have to be refueled and will need uranium. He believes in nuclear power, but this could be a long time.

RISKY

Thinks a lot of speculators got into this name after Japan. Thinks there are a lot of speculators holding this stock now. There’s a lot of stock held in weak hands. He would buy it here if he was going to buy it. If it breaks $25, then it would go way down.

Showing 556 to 570 of 1,110 entries

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Cameco Corporation (CCO.TO)