TSE:CCO

Cameco Corporation (CCO.TO)

134.01
-0.81 (0.60%)
as of Sep 11, 2026, 8:00:01 pm Market Open.
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Investor Insights
star iconSep 13, 2026, 12:00 am

This summary was created by AI, based on 38 opinions in the last 12 months.

Cameco Corporation (CCO-T) continues to attract attention as a leading player in the uranium sector, benefiting from increasing demand for nuclear energy amid global transitions toward cleaner energy sources. Experts mention the mixed recent results but highlight substantial growth potential, particularly driven by factors such as AI requirements for electricity and the ongoing nuclear renaissance. Many analysts observe short-term volatility and price corrections; however, the long-term outlook remains bullish given the expected uranium supply-demand tightness and Cameco's strategic investments, like its stake in Westinghouse. Despite analysts pointing to high valuations currently, with price earnings multiples generally above 70, CCO-T is still viewed as a solid option for growth in an evolving energy landscape.

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Consensus
Bullish
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Valuation
Overvalued
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Similar
Uranium, U.UN
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.
BUY
Uranium is doing really well. They all the Bruce Nuclear Power plant. Also have some assets in gold which is doing well these days.
DON'T BUY
Has had a tremendous run and is a very difficult stock to be buying now. The company fundamentally is very sound. He has a bit of a problem with the free market uranium price which seems to be driven by the speculative market. Feels we may be near the peak.
BUY
This has been a tremendous story. The price of uranium continues to firm well north of $30. You have good leverage coming with strong oil prices on the other side. This is causing governments to ask if they should be increasing their exposure to nuclear power. This is probably the best way to play it.
DON'T BUY
The multiples on this company are astronomical and they are still tied into their contracts so the earnings aren't coming on.
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