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.

consensus icon
Consensus
Bullish
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Valuation
Overvalued
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Similar
NXE
DON'T BUY
Too much risk because of Cigar Lake and that the company has failed to address this risk in the past. Also, the price of uranium isn't doing much for anyone.
COMMENT
Likes uranium longer-term. Prefers Paladin (PDN-T) because it does not have the Cigar Lake problems and a bit better growth profile. Possibly a takeover target. You will have to have some patience with any uranium play.
COMMENT
Chart shows it is in a downward trend in the short term. New highs are not being made and it is now coming down to the $27 support level. If you buy it for a short term, 2 weeks, it may be good for a dollar but use a stop at around $27.
DON'T BUY
Not a fan. Technical problems are not resolved yet. Doesn't have confidence in the management to get the stuff out of the ground.
BUY
Earnings came out today, strong. Don’t be deceived by the numbers because they were boosted by the sale of their gold interests. Making good progress. He is a long-term believer and it is a core holding.
HOLD
This is clearly your proxy for uranium. Cigar Lake has continually had delays and I'm now looking at 2014 but he is less optimistic. Also in Kazakhstan, which has political risks.
BUY
(Market Call Minute.) China is going to build somewhere between 80 and 100 reactors in the next 15 or 20 years. The world does not have that much uranium.
WAIT
Starting to come up on his radar but not ready to buy yet. Pumping water out of cigar Lake is almost finished. Outlook for uranium is improving.
TOP PICK
China, a laggard environmentally because of coal usage, will be building between 20 and 40 nuclear plants in the next 25 years and doesn't have enough uranium. Cigar Lake is now being successfully de-watered, making it the biggest global producer. A story for the next 2 decades.
TOP PICK
If recovery and move towards clean power continues as well as India and China's move towards nuclear facilities, this one looks interesting. No rush to buy. Looks like Cigar Lake is being fixed. Biggest producer globally.
HOLD
Uranium. This is the “go to” company for institutions. Have wonderful properties. Had some operating problems with Cigar Lake but these can be fixed.
TOP PICK
Has assets supply of many, many years of uranium. Will have a clean balance sheet. On the hunt for acquisitions. Thinks uranium prices are going to go higher. This is a China story and will increase its uranium demands as it builds nuclear reactors.
PAST TOP PICK
(A Top Pick Jan 8/08. Up 28.47%.)
BUY
If you have a good view on uranium, this is the proxy. Has a history of missing numbers and operational problems. Going into a new zone that is riskier in terms of water encroachment. If you want uranium, this should be one you own.
DON'T BUY
Loves uranium as a commodity. Nuclear energy is the future, although it will take a long time to put into effect. Had a number of accidents lately, which seems to be an ongoing theme. If he were to buy anything it would be Uranium Participation (U-T).
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