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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Similar
NXE
BUY
If you want a uranium play, he would stay with a senior.
DON'T BUY
Can see uranium prices going higher, but this company has not benefited from this. Have been constrained in their production recently. Cigar Lake is going to be delayed coming back on. Have had some cost problems. A lot of their contracts are still at the old price of uranium.
DON'T BUY
The alternative energy sources theme is not going away anytime soon. Question is, how far in the future earnings are being discounted. The chart gives him a bit of concern. Would buy at the lower end of the trading range.
SELL
A very expensive stock. Trades at 52 X this year's earnings and 35 X next years. There is a lot of risk in the price. Would take profits here.
SELL
The uptrend has been violated and he thinks we are just playing with tops. Maybe uranium is going to go higher and this is probably a great long-term investment, but he would trade out of this and into a dog such as Denison Mines (DEN-T).
COMMENT
Uranium will be a very strong commodity over the long-term. As the economy starts to roll over, commodity prices do fall, so the question is, how far do you think the economy is going.
BUY
The “Gold Standard” in the uranium market.
PAST TOP PICK
(A Top Pick May 3/06. Down 5.5%.) The value of Centerra Gold is not included in the price. Also, there will be increased need for uranium in Ontario. Still likes.
HOLD
A good resource. Ahead of the price of uranium. Expect it will continue to do well.
TOP PICK
Feels that US money managers will be looking for a blue chip way of playing uranium.
BUY
Has had a spectacular performance in the face of uranium price increases. Have had very good earnings and cash flow results. A slight negative is that it’s pricey, but the outlook for uranium is higher prices.
DON'T BUY
Bullish on the uranium market in general. The annual supply is about half of the annual demand. However, this company has other areas besides uranium and they are struggling a little bit. There are a better plays.
BUY
The safest uranium play. If you want to go into a smaller company, it is better to have a basket of juniors such as Energy Metals (EMC-X), Tournigan Gold (TVC-X) and Palladon Ventures (PLL-X).
DON'T BUY
Very expensive on a fair market value basis. Equally expensive on a price to book value.
DON'T BUY
Ahead of itself. It is really representing a much higher price for uranium.
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