Cameco Stock Forecast

Stock Price Forecast

The 7 analysts that cover Cameco stock have a consensus rating of "Strong Buy" and an average price target of $123.92, which forecasts a 22.03% increase in the stock price over the next year. The lowest target is $75.27 and the highest is $171.2.

Price Target: $123.92 (+22.03%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$75.27	$123.92	$110	$171.2
Change	-25.88%	+22.03%	+8.32%	+68.59%

* Price targets were last updated on Feb 18, 2026.

Analyst Ratings

The average analyst rating for Cameco stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	2	2	2	2	3	3
Buy	3	3	3	3	3	3
Hold	0	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	6	6	6	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gordon L. Johnson GLJ Research	GLJ Research	Strong Buy Reiterates $100 → $171	Strong Buy	Reiterates	$100 → $171	+68.59%	Feb 18, 2026
Andrew D. Wong RBC Capital	RBC Capital	Buy Maintains $150 → $160	Buy	Maintains	$150 → $160	+57.56%	Feb 17, 2026
Andrew D. Wong RBC Capital	RBC Capital	Buy Maintains $160 → $150	Buy	Maintains	$160 → $150	+47.71%	Nov 13, 2025
George Eadie UBS	UBS	Hold Initiates $140	Hold	Initiates	$140	+37.86%	Nov 10, 2025
Andrew D. Wong RBC Capital	RBC Capital	Buy Maintains $110 → $160	Buy	Maintains	$110 → $160	+57.56%	Oct 31, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

3.48B

from 3.48B

0.03%

from 3.48B

Revenue Next Year

3.91B

from 3.48B

12.20%

from 3.48B

EPS This Year

1.77

from 1.35

31.13%

from 1.35

EPS Next Year

2.61

from 1.77

47.52%

from 1.77

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.47B	1.87B	2.59B	3.14B	3.48B	3.48B	3.91B
Revenue Growth	-18.06%	26.65%	38.53%	21.18%	11.04%	0.03%	12.20%
EPS	-0.26	0.22	0.83	0.39	1.35	1.77	2.61
EPS Growth	-	-	277.27%	-53.01%	246.15%	31.13%	47.52%
Forward PE	-	-	-	-	-	78.76	53.39
No. Analysts	-	-	-	-	-	23	16

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	4.1B	4.7B
Avg	3.5B	3.9B
Low	3.1B	3.4B

Revenue Growth

Revenue Growth	2026	2027
High	16.7%	36.3%
Avg	0.0%	12.2%
Low	-10.4%	-2.4%

EPS Forecast

EPS	2026	2027
High	3.56	3.06
Avg	1.77	2.61
Low	1.18	1.99

EPS Growth

EPS Growth	2026	2027
High	163.7%	72.6%
Avg	31.1%	47.5%
Low	-12.9%	12.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.