Cameco Corporation (CCJ)
NYSE: CCJ · Real-Time Price · USD
56.32
+2.76 (5.15%)
At close: Jan 22, 2025, 4:00 PM
56.60
+0.28 (0.50%)
After-hours: Jan 22, 2025, 6:03 PM EST
Cameco Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Cameco stock have an average target of 66.56, with a low estimate of 60.5 and a high estimate of 80. The average target predicts an increase of 18.18% from the current stock price of 56.32.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 19, 2024.
Analyst Ratings
The average analyst rating for Cameco stock from 4 stock analysts 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $81 → $80 | Buy | Maintains | $81 → $80 | +42.05% | Aug 19, 2024 |
| GLJ Research | GLJ Research | Strong Buy Reiterates $64 | Strong Buy | Reiterates | $64 | +13.16% | Aug 14, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $59 → $61 | Strong Buy | Maintains | $59 → $61 | +7.42% | Jun 26, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $56 → $62 | Strong Buy | Maintains | $56 → $62 | +10.09% | Jun 7, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $55 | Strong Buy | Initiates | $55 | -2.34% | Apr 1, 2024 |
Financial Forecast
Revenue This Year
3.04B
from 2.59B
Increased by 17.40%
Revenue Next Year
3.36B
from 3.04B
Increased by 10.47%
EPS This Year
0.59
from 0.83
Decreased by -28.65%
EPS Next Year
1.60
from 0.59
Increased by 170.92%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.3B | 3.9B | 4.5B | |||
| Avg | 3.0B | 3.4B | 3.6B | |||
| Low | 2.8B | 3.0B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 27.3% | 28.9% | 33.6% | |||
| Avg | 17.4% | 10.5% | 6.6% | |||
| Low | 9.4% | -2.5% | -8.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 0.89 | 2.25 | 2.86 | |||
| Avg | 0.59 | 1.60 | 2.11 | |||
| Low | 0.27 | 1.01 | 1.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 7.5% | 279.4% | 78.0% | |||
| Avg | -28.7% | 170.9% | 31.3% | |||
| Low | -66.9% | 70.5% | -14.5% |
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.