Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

TSE:CCO

Cameco Corporation (CCO.TO)

148.73
+7.13 (5.03%)
as of Aug 25, 2026, 5:37:30 pm Market Open.
547 watching
0
Investor Insights
star iconAug 25, 2026, 12:00 am

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

Cameco Corporation (CCO-T) has garnered mixed to positive reviews from a range of analysts, highlighting its potential as a key player in the uranium market amidst increasing global demand for nuclear energy. Experts noted that the stock has recently tested important support levels and is experiencing some consolidation, attributed to profit-taking and broader market volatility. Despite a backdrop of strong fundamentals, including its advantageous position resulting from its stake in Westinghouse, concerns about high valuations persist, with many indicating that it trades at a premium compared to its earnings potential. Analysts emphasize the importance of patience in this investment, pointing out that while there is a long-term bullish sentiment on uranium, technical levels should be monitored closely for potential buying opportunities or adjustments to holding positions.

consensus icon
Consensus
Bullish
valuation icon
Valuation
Overvalued
review icon
Similar
NUE
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.
BUY
Depends on time horizon whether you get rid of it. 3-6 months, nothing will happen, but after that it should recover. Thinks it is undervalued. Similar to BP situation where stock got hammered. There will be demand for uranium. Good 6-12 month trade.
Showing 556 to 570 of 1,109 entries