Cameco Corporation (TSX:CCO)
Canada flag Canada · Delayed Price · Currency is CAD
126.96
-5.31 (-4.01%)
Oct 7, 2026, 4:00 PM EST

Cameco Stock Forecast

Stock Price Forecast

According to 21 analysts polled by S&P Global, Cameco stock has a consensus rating of "Buy" and an average price target of $179.07. The average 1-year stock price forecast is 41.04% higher than the current stock price, while the lowest is $135.00 (+6.33%) and the highest is $195.00 (+53.59%).

Price Target: $179.07 (+41.04%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$135.00$179.07$182.00$195.00
Change+6.33%+41.04%+43.35%+53.59%

Analyst Ratings

The average analyst rating for Cameco stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy101011111111
Buy999988
Hold554222
Sell000000
Strong Sell000000
Total242424222121

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
National Bank
No rating
National Bank
Buy
Maintains
$185.00
BuyMaintains$185.00+45.72%Oct 5, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$190.00
BuyMaintains$190.00+49.65%Sep 25, 2026
RBC Capital
RBC Capital
Buy
Maintains
$175.00 → $184.00
BuyMaintains$175.00 → $184.00+44.93%Sep 24, 2026
TD Cowen
TD Cowen
Buy
Maintains
$190.00
BuyMaintains$190.00+49.65%Sep 23, 2026
Jefferies
Jefferies
Buy
Initiates
$196.85
BuyInitiates$196.85+55.05%Sep 3, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.48B
from 3.48B
Increased by 0.05%
Revenue Next Year
3.96B
from 3.48B
Increased by 13.67%
EPS This Year
1.45
from 1.44
Increased by 0.65%
EPS Next Year
2.59
from 1.45
Increased by 78.62%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.47B1.87B2.59B3.14B3.48B3.48B
Revenue Growth
-18.06%26.65%38.53%21.18%11.04%0.05%
Operating Income
-113.50M-7.92M245.43M474.91M580.60M618.45M
Net Income
-102.58M89.38M360.85M171.85M589.58M582.88M
EPS
----1.441.45
EPS Growth
----114.93%0.65%
Forward PE
101.3255.6344.1244.6873.0387.60
Dividend / Share
0.080.120.120.160.240.25
Dividend Growth
-50.00%-33.33%50.00%5.56%
Free Cash Flow
----1.08B184.00M
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High3.6B
Avg3.5B
Low3.4B

Revenue Growth

Revenue Growth202620272028
High
2.5%
Avg
0.1%
Low
-2.1%

EPS Forecast

EPS202620272028
High1.95
Avg1.45
Low1.15

EPS Growth

EPS Growth202620272028
High
35.4%
Avg
0.6%
Low
-20.1%