Cameco Corporation (CCJ)
NYSE: CCJ · IEX Real-Time Price · USD
46.63
+0.18 (0.39%)
At close: Jul 19, 2024, 4:00 PM
47.46
+0.83 (1.78%)
Pre-market: Jul 22, 2024, 7:27 AM EDT
Cameco Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Cameco stock have an average target of 61.16, with a low estimate of 52 and a high estimate of 70. The average target predicts an increase of 31.16% from the current stock price of 46.63.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Cameco stock from 6 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| 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 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $59 → $61 | Strong Buy | Maintains | $59 → $61 | +29.74% | Jun 26, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $56 → $62 | Strong Buy | Maintains | $56 → $62 | +32.96% | Jun 7, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $55 | Strong Buy | Initiates | $55 | +17.95% | Apr 1, 2024 |
| TD Securities | TD Securities | Buy Maintains $55 → $70 | Buy | Maintains | $55 → $70 | +50.12% | Oct 3, 2023 |
| GLJ Research | GLJ Research | Strong Buy Maintains $52 → $66 | Strong Buy | Maintains | $52 → $66 | +42.50% | Sep 12, 2023 |
Financial Forecast
Revenue This Year
3.08B
from 2.59B
Increased by 19.06%
Revenue Next Year
3.18B
from 3.08B
Increased by 3.21%
EPS This Year
0.95
from 0.83
Increased by 14.84%
EPS Next Year
1.82
from 0.95
Increased by 90.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.5B | 3.8B | 4.2B | 3.3B | 3.8B |
| Avg | 3.1B | 3.2B | 3.4B | 3.1B | 3.3B |
| Low | 2.8B | 2.9B | 2.9B | 3.0B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 33.4% | 21.9% | 33.0% | -2.0% | 20.4% |
| Avg | 19.1% | 3.2% | 6.2% | -7.2% | 6.3% |
| Low | 10.1% | -5.3% | -7.3% | -11.6% | -2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.62 | 3.05 | 3.30 | 3.41 | 3.60 |
| Avg | 0.95 | 1.82 | 2.37 | 2.43 | 2.79 |
| Low | 0.49 | 1.04 | 1.66 | 1.70 | 2.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 94.8% | 219.5% | 81.5% | 44.0% | 48.3% |
| Avg | 14.8% | 90.6% | 30.4% | 2.5% | 15.0% |
| Low | -41.0% | 9.0% | -8.8% | -28.2% | -2.1% |
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.