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
valuation icon
Valuation
Overvalued
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NXE
DON'T BUY
In terms of earnings, it is extremely high multiples. They are still selling their product on contract at much lower prices than the spot price. Overpriced.
TOP PICK
Valuation looks high at 53 X PE but it does not reflect the full value. Owns uranium power plants, a uranium pellet maker, a gold mine in Kurdistan.
DON'T BUY
This stock is wildly overvalued. His model price is $25.97 which is a negative 42% differential.
HOLD
Holds the world's greatest uranium area in Saskatchewan. Has had a bit of a setback, but the stock is still strong.
BUY
Uranium is going to play a huge role in the future of energy. This is the largest producer of uranium in the world. The lowest cost producer. If you are a longer-term investor, this is a stock you want in your portfolio.
BUY
Production difficulties, because of water problems. In a very difficult geology area for mining. Latest mining development is going to take longer and cost more than expected. A lot of their uranium prices were hedged. 2008 you will see the full impact of higher spot prices. Likes their exposure to the Bruce Power plant. There will be a global demand for uranium power plants in the near future.
DON'T BUY
Uranium is still tight. It will be hard bringing on new supplies. This company doesn't benefit as much because of the way their contracts are rolling over. Valuation is high. Would look for a smaller play.
BUY
Run very efficient mines. The world's largest producer of uranium. In a pause right now but it will be going higher.
DON'T BUY
Very expensive. Trading at about 50 X this year's earnings and 35 X next year's earnings. Expenses on Cigar Lake will be a 10/20%.
DON'T BUY
Very difficult to get a pure uranium play in a high quality company. Because of the scarcity, this stock has been bid up beyond its fundamentals. Expensive.
WEAK BUY
There are a lot of junior uranium mining stocks with more upside. Would prefer International Uranium (IUC-T). This is the big one that is probably more fully valued.
DON'T BUY
At 28 X to cash flow is too expensive for him. However, if global investors recognise it as a class act, it could go much higher.
DON'T BUY
And expensive stock, but uranium continues to do well as an alternative energy source. Any company that has anything at all to do with uranium has gone up. Too expensive for him.
BUY
Nothing wrong with the company or the uranium space. May have dropped because it went up too fast too soon.
TOP PICK
It looks expensive, but on the other hand the spot price on uranium goes up every week. There aren’t many ways to play uranium. Views this as a holding that he wants to build up and hold for 5/10 years.
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