Cameco Corporation (CCJ)
NYSE: CCJ · Real-Time Price · USD
60.93
+3.32 (5.76%)
At close: Nov 21, 2024, 4:00 PM
61.30
+0.37 (0.61%)
After-hours: Nov 21, 2024, 7:58 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 9.24% from the current stock price of 60.93.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Buy | 3 | 3 | 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 | 7 | 7 | 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 | +31.30% | Aug 19, 2024 |
| GLJ Research | GLJ Research | Strong Buy Reiterates $64 | Strong Buy | Reiterates | $64 | +4.60% | Aug 14, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $59 → $61 | Strong Buy | Maintains | $59 → $61 | -0.71% | Jun 26, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $56 → $62 | Strong Buy | Maintains | $56 → $62 | +1.76% | Jun 7, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $55 | Strong Buy | Initiates | $55 | -9.73% | Apr 1, 2024 |
Financial Forecast
Revenue This Year
3.04B
from 2.59B
Increased by 17.32%
Revenue Next Year
3.29B
from 3.04B
Increased by 8.33%
EPS This Year
0.86
from 0.83
Increased by 3.06%
EPS Next Year
1.64
from 0.86
Increased by 91.46%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.3B | 3.8B | 4.2B | ||
| Avg | 3.0B | 3.3B | 3.5B | ||
| Low | 2.8B | 3.0B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.7% | 23.7% | 28.6% | ||
| Avg | 17.3% | 8.3% | 5.6% | ||
| Low | 9.4% | -2.5% | -9.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.46 | 2.54 | 3.58 | ||
| Avg | 0.86 | 1.64 | 2.21 | ||
| Low | 0.27 | 1.07 | 1.49 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 75.8% | 197.1% | 118.6% | ||
| Avg | 3.1% | 91.5% | 34.7% | ||
| Low | -66.9% | 24.9% | -9.0% |
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.