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
Thinks energy in general is going to be strong and especially likes uranium because of the global energy shortage. Expects uranium prices to continue to rise over the next 5/10 years. Has a lot of long term contracts, but will be renegotiated to higher prices.
BUY
Sees further upside potential and is buying for new clients.
HOLD
Feels it is dropping because of profit taking. A good stock for a long term view.
DON'T BUY
Extremely expensive. Likes the outlook for uranium and there might be some junior mining companies that will be coming in to the market in the next few months.
HOLD
Trading as though uranium was $20 a lb. Pretty fully valued.
BUY ON WEAKNESS
The concern is that the stock has risen much more rapidly than its earnings are going to rise. Has a lot of lids on the price that it receives for uranium because of contracts. With the current multiple there is a fair amount of risk.
TOP PICK
(A Top Pick Nov 11/04. Up 19%.) Correlation seems to be between the commodity price and the stock. Expects to see $30 maybe $40 uranium before the cycle runs out. The dominant player in the world. Low cost producer.
DON'T BUY
Short term on a split, you often see shares trade at a premium. Feels that a lot of the story is out. Not a bargain.
HOLD
Has a phenominal strong trend. Have noticed increased volatility in the last few months. This usually indicates you are usually getting close to the mature part of the trend. If you see a break in the trend, lower lows and lower highs, then exit.
BUY
Had a huge run. The uranium market has spectacular fundamentals. Because of their hedging, it will probably be 2006/2007 before the impact of the earnings will be felt. For long term holding you can buy now. For a short term view, wait for a pull back.
PAST TOP PICK
(A Top Pick August 8/04. Up 35%.) This is the proxy for uranium. Believes that uranium will reach $30.
BUY
Likes uranium. Also has ownership in Bruce nuclear Power and some gold in Kurdistan. More upside from here.
PAST TOP PICK
(Was a Top Pick July 20/04. Up 40%.) Prices are not going down on that commodity any time soon. Have continued to add to their position.
TOP PICK
Uranium market is getting squeezed higher. There's no new supply coming on. The world's largest, lowest cost producer. Stock can go a lot higher.
BUY ON WEAKNESS
Sees a real potential increase in the price of uranium without too much supply coming on stream. Demand is growing at 2/3% a year with supply being relatively flat. Fundamentals look solid for the next 2/3 years.
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