TSE:CCO

Cameco Corporation (CCO.TO)

158.44
-1.08 (0.68%)
as of Jun 4, 2026, 8:00:01 pm Market Open.
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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.

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Consensus
Cautious
valuation icon
Valuation
Overvalued
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HOLD
Stock has done extremely well due to the increased interest in uranium. Very cyclical business, but the cycles are quite long. Hold if you own.
SELL
It's a great company and they like the business, it just the stock is overvalued right now.
HOLD
It is a great company. Still holding but has reduced. Don't go below $38.00.
DON'T BUY
The company is overpriced.
DON'T BUY
Very expensive. Frustrating as they have long-term contracts with prices that are half the uranium spot price. Would prefer Paladin (PDN-T).
DON'T BUY
He believes it is in a spike. Unsure how it will manfest. Don't be involved
DON'T BUY
Price point of $74 or $75 good to go to stock. Don't be aggressive.
BUY
Uranium prices have been strong. The most recent quarter, they came under expectations a little bit and this was due to cost problems like all resource companies.
HOLD
They are the leader in nuclear energy. Vulnerable to pull backs so you need a longer-term view on this one.
BUY
Loves uranium. It can only go higher. This is the only major way for institutions to have exposure in a major uranium company. It is overpriced, but if you believe that uranium is going to $50/75 this will go up in price.
SELL
He has taken partial profit as it has gone up. It has become so extended you should probably take some partial profit.
DON'T BUY
It is now over 20 X cash flow which is extremely expensive.
PAST TOP PICK
(A Top Pick Nov 8/05. Up 40%.) The question is, how scary is it and the answer is, it depends on what you think about nuclear power. He believes there will be a lot of nuclear plants built in this decade and as far as the eye can see. He finds it hard to buy at this price.
DON'T BUY
He is a believer that we are at the peak in world oil production and if that’s true we will likely have sustained high energy prices including nuclear and uranium. However, that is more than amply discounted in the stock price. They have locked in prices that are far lower than the spot price, so an increase in uranium prices may not affect them.
DON'T BUY
Likes uranium and it is ultimately going to get more of a play but his problem with Denison (DEN-T) and Cameco (CCO-T) is the price to earnings ratio or the price to cash flow ratio is fired too high. He prefers Uranium Participation (U-T) which gets rid of the price earnings ratio issue and you get rid of the exploration rests. Given a three outlook, Uranium Participation could be much higher.
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