TSE:CCO

Cameco Corporation (CCO.TO)

134.01
-0.81 (0.60%)
as of Sep 11, 2026, 8:00:01 pm Market Open.
548 watching
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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
BUY
At this price, he is looking at holding a core of position, but trimming some of the excess of this stock from his portfolio. If you don't all night, he wouldn't hesitate to buy. The outlook for uranium is excellent. Some hedging came off in 2005 and more is to come off in 2006 with the final amount coming off in 2007.
WAIT
Thinks next year is going to be a very good year for uranium. Just sold his positions in this company. Uranium has a correlation with the price of gold and would look to reestablish his position once the gold price levels off. Expects 2006 will see a doubling of earnings as a lot of their forward contracts will be expiring.
WEAK BUY
Quite highly valued from his perspective. Has broken out from a long term “price to book” high and shows signs of moving higher, but not like the oil stocks that have a lot of upside potential. Long term for uranium has to be outstanding.
TOP PICK
Has gone up 79% over the last year. Should be a core position in long term Canadian equity portfolios because they have the nuclear exposure from both uranium and the Bruce Nuclear Power. Not cheap.
BUY
Uranium is not a heavily traded market, but the price was up again this week. Feels that the price of uranium could be north of $100.
DON'T BUY
His model price is $35. Expectations are so high on certain stock/sectors, they are almost doomed to failure.
DON'T BUY
Wouldn't buy at this price. Would prefer the explorers like International Uranium (IUC-T) and UEX (UEX-T) which has been discovering very high grade uranium.
TOP PICK
Under $65 it's a pretty attractive stock. Not nearly as cyclical as the other metals.
COMMENT
Thinks it will tread water for the rest of the year. There could be some profit taking if investors get impatient with flat trading.
BUY
Likes the uranium story. Thinks this is a fine level.
WAIT
Longer term trend looks very good. You want to see the whole energy sector have a good reversal with high volumes.
DON'T BUY
His model price is $36.80 which is a 37% negative differential. Uranium stocks are massively overvalued and he wouldn't tuch them with a ten foot pole no matter how good the story was on uranium.
DON'T BUY
Likes the outlook for uranium. This stock is pretty expensive at this time.
BUY
The biggest uranium producer in the western world. Also have a large interest in the Bruce Nuclear power plant. Has a lot of long term contracts, so not benefiting from the rising price of uranium, but it will in the futiure. A good long term play.
BUY
5 years from now you'll be happy you own it. There's no question that nuclear reactors are going to be built all over the world. This gives you exposure to nuclear power plants as well as uranium.
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