TSE:CCO

Cameco Corporation (CCO.TO)

158.44
-1.08 (0.68%)
as of Jun 4, 2026, 8:00:01 pm Market Open.
546 watching
0
Investor Insights
star iconJun 4, 2026, 12:00 am

This summary was created by AI, based on 45 opinions in the last 12 months.

Cameco Corporation (CCO) has emerged as a significant player in the uranium sector, driven by a global resurgence in nuclear power demand. Most experts appear optimistic about its long-term prospects, noting that the combination of geopolitical tensions, especially the Ukraine-Russia war, and the growing shift towards clean energy sources favors the uranium market. The company has strong fundamentals with increasing earnings and a notable strategic acquisition of Westinghouse, enhancing its operational capabilities. However, many analysts express concerns over its high valuation, with a considerable number recommending to wait for a price pullback before initiating positions. Despite the positive sentiment around nuclear energy as part of the future energy mix, opinions vary on the appropriate entry points for investment, with current price levels prompting caution among some investors.

consensus icon
Consensus
Cautious
valuation icon
Valuation
Overvalued
review icon
Similar
NTR,NTG
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.
DON'T BUY
Energy stocks have corrected anywhere from 20 to 30%. Now there is some bouncing back. There has not been enough time or price correction to say that the correction is over. Would prefer the oil sands companies instead.
DON'T BUY
A great company and the outlook for uranium continues to look good but the valuation has got way out of hand. Too expensive.
TRADE
Cameco has run out of gas from a fair market view but has not run out from a momentum point of view. He used to own this stock a few years ago and did well on the stock.
Showing 841 to 855 of 1,099 entries