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
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.
TOP PICK
Uranium is his favourite metal. The most reliable, lowest risk metal. This is the richest, most dominant uranium stock in the world.
DON'T BUY
Has done fabulously well, partly on the back of energy prices. Uranium is the energy source of last resort because of its high cost, lack of predictability and environmental risks. Trading at 50 X Trailing Earnings and 4 X Book Value. Would like a better margin of safety in the valuation.
PAST TOP PICK
(A Top Pick Dec 21/04. Up 28%.) Surprised him how well it's done. Thinks it's fully valued now.
BUY
If you have a 3 year view, you could buy now. For a short term play, buy half your position now and wait for a pullback. A great space to be. Recognized by Americans as a leading uranium play.
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