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
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Valuation
Overvalued
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DON'T BUY
Somewhat leery of uranium stocks given the massive run they've had over the last 2/3 years. Pricing is done on a contract basis versus the spot price the people see and quote on the market and with that, you don't always get that ramp up in price and earnings. Junior uraniums especially looked very stretched.
HOLD
Another commodity stock that has had a humungous run. Has dropped off and expects it has further to go, but longer term the stock will be higher because uranium is going to be in strong demand for the forseeable future. Wait for the low $40's before buying.
BUY
Long term chart looks scary with its spike, but when you are looking at flow charts, you can get a distorted picture compared to an algorthmic chart. Algorithmic charts show the price of this stock will go higher. It is definitely holding its 200 day moving average.
DON'T BUY
Has decent upside potential and it moves with the energy market. Quite expensive from a price to book basis, so you're not buying it at any kind of a deal. Just ride it with the market (with the energy stocks), but when they look as if they are tiring, probably say goodnight.
BUY
A great long term play. Subject to massive US buying.
BUY
The outlook for uranium over the next 5/10 years is fabulous. There continues to be a shortage and pricing will continue to go up. Expects to see new nuclear reactors to be built in the US and Canada.
SELL
Uranium is not one he follows closely, but ultimately the fundamentals are reasonably good for this industry. Probably a time to lighten up on this name. It's had a tremendous run. On an earnings basis, trading at about a 49.1 X forward earnings per share, verus a peer mining average of about 12.3.
DON'T BUY
Likes uranium, but if you look at the company on fundamentals, it's very expensive. It's expensive because it's the only senior uranium producer in the world and the outlook for uranium is very good. If he owned, would take some profits. Better value in the juniors.
WEAK BUY
Long term outlook is excellent. There were plans to de-commission a number of nuclear plants around the world, but with the high price of oil/gas, they are not going to be de-commissioned. Short term, the stock looks fully valued.
DON'T BUY
Likes the outlook for the uranium business. Outlook for pricing on uranium looks like it's only going to get higher. Stock is quite expensive here. Taking some profits now.
HOLD
Has the richest assets in the world. Only real danger is if in the next five years it doesn't find any new mine to develop in the worlds richest urainium territory.
SELL
Take the money and run. Feels all the good news is already in the price. Hard to assess what an achievable target would be.
BUY
Up 29% over last year. Outstanding investment over last 5 years.
DON'T BUY
Urnaium has had a good year. Not a large demand in relation to supply.
BUY
Positive on the price of energy, including oil, gas, uranium, etc. The demand is not going away and there are supply constraints. Very important to have exposure to this sector. the best way to play uranium.
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