Cameco Corporation (TSX:CCO)
Canada flag Canada · Delayed Price · Currency is CAD
120.98
-2.58 (-2.09%)
Jul 31, 2026, 4:00 PM EST

Cameco Stock Forecast

Stock Price Forecast

According to 24 analysts polled by S&P Global, Cameco stock has a consensus rating of "Buy" and an average price target of $179.65. The average 1-year stock price forecast is 48.50% higher than the current stock price, while the lowest is $147.00 (+21.51%) and the highest is $200.00 (+65.32%).

Price Target: $179.65 (+48.50%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$147.00$179.65$180.00$200.00
Change+21.51%+48.50%+48.78%+65.32%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy91011101011
Buy999999
Hold333555
Sell000000
Strong Sell000000
Total212223242425

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Buy
Upgrades
$166.00
BuyUpgrades$166.00+37.21%Jul 27, 2026
Barclays
Barclays
Hold
Reiterates
$151.41$145.80
HoldReiterates$151.41$145.80+20.52%Jul 15, 2026
Truist Financial
Truist Financial
Buy
Initiates
$180.85
BuyInitiates$180.85+49.49%Jul 13, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$200.48$196.27
BuyMaintains$200.48$196.27+62.24%Jul 9, 2026
Goldman Sachs
Goldman Sachs
Buy
Reiterates
$186.46
BuyReiterates$186.46+54.12%Jul 1, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.49B
from 3.48B
Increased by 0.34%
Revenue Next Year
4.00B
from 3.49B
Increased by 14.44%
EPS This Year
1.67
from 1.44
Increased by 16.25%
EPS Next Year
2.69
from 1.67
Increased by 60.54%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.47B1.87B2.59B3.14B3.48B3.49B
Revenue Growth
-18.06%26.65%38.53%21.18%11.04%0.34%
Operating Income
-113.50M-7.92M245.43M474.91M580.60M647.54M
Net Income
-102.58M89.38M360.85M171.85M589.58M712.40M
EPS
----1.441.67
EPS Growth
----114.93%16.25%
Forward PE
101.3255.6344.1244.6873.0372.27
Dividend / Share
0.080.120.120.160.240.25
Dividend Growth
-50.00%-33.33%50.00%5.56%
Free Cash Flow
369.29M-23.46M186.73M556.59M479.94M507.33M
No. Analysts
-----15
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High3.9B
Avg3.5B
Low3.3B

Revenue Growth

Revenue Growth202620272028
High
11.1%
Avg
0.3%
Low
-6.3%

EPS Forecast

EPS202620272028
High2.39
Avg1.67
Low1.37

EPS Growth

EPS Growth202620272028
High
66.0%
Avg
16.2%
Low
-4.9%