Cameco (CCJ) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

CCJ Stock Forecast


Cameco (CCJ) stock forecast, based on 8 Wall Street analysts, predicts a 12-month average price target of $38.49, with a high of $55.00 and a low of $30.24. This represents a -23.13% decline from the last price of $50.07.

$30 $36 $42 $48 $54 $60 High: $55 Avg: $38.49 Low: $30.24 Last Closed Price: $50.07

CCJ Stock Rating


Cameco stock's rating consensus is Buy, based on 8 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 8 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 8 0 8 Strong Sell Sell Hold Buy Strong Buy

CCJ Forecast vs Benchmarks


TypeNameUpside
StockCameco-23.13%
SectorEnergy Stocks 25.44%
IndustryUranium Stocks1.13%
IdeaNuclear Energy Stocks List12.16%

Price Target Trends


1M3M12M
# Anlaysts--1
Avg Price Target--$55.00
Last Closing Price$50.07$50.07$50.07
Upside/Downside--9.85%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25710---17
Dec, 24610---16
Nov, 2461011-18
Oct, 2461011-18
Sep, 246811-16
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 01, 2024Neil MehtaGoldman Sachs$55.00$43.3226.96%9.85%
Nov 01, 2021Orest WowkodawScotiabank$30.24$25.0720.62%-39.60%
Sep 01, 2021Gordon JohnsonGLJ Research$30.24$19.1158.24%-39.60%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Oct 24, 2024National BankOutperformOutperformhold
Oct 04, 2024Janney MontgomeryBuyinitialise
Sep 03, 2024National BankOutperforminitialise
Aug 19, 2024ScotiabankOutperformOutperformhold
Aug 14, 2024Goldman SachsBuyBuyhold
Jul 31, 2024Cantor FitzgeraldBuyupgrade
Jul 15, 2024ScotiabankOutperformOutperformhold
May 30, 2024ScotiabankOutperformOutperformhold
May 02, 2024RBC CapitalOutperformOutperformhold
Apr 17, 2024CIBCOutperformOutperformhold

Financial Forecast


EPS Forecast

$-1 $0 $1 $2 $3 $4 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-0.13$-0.26$0.22$0.83-----
Avg Forecast$-0.32$-0.28$0.30$0.85$0.61$1.66$1.99$2.33$2.85
High Forecast$-0.34$-0.30$0.28$0.83$0.52$1.06$1.84$2.15$2.63
Low Forecast$-0.30$-0.27$0.32$0.87$0.82$2.25$2.20$2.57$3.14
Surprise %-59.38%-7.14%-26.67%-2.35%-----

Revenue Forecast

$1B $1B $2B $2B $3B $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.80B$1.47B$1.87B$2.59B-----
Avg Forecast$1.69B$1.50B$1.34B$1.91B$2.09B$2.29B$2.40B$2.31B$2.47B
High Forecast$1.62B$1.44B$1.27B$1.77B$1.96B$2.26B$2.26B$2.17B$2.33B
Low Forecast$1.76B$1.57B$1.41B$2.50B$2.25B$2.34B$2.59B$2.49B$2.67B
Surprise %6.53%-1.63%39.28%35.29%-----

Net Income Forecast

$-500M $200M $900M $2B $2B $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-53.20M$-102.65M$89.38M$360.85M-----
Avg Forecast$99.91M$-340.58M$2.16B$1.99B$266.92M$723.57M$867.08M$1.01B$1.24B
High Forecast$-41.56M$-431.87M$1.67B$1.54B$227.16M$459.94M$801.40M$935.78M$1.15B
Low Forecast$241.38M$-249.28M$2.64B$2.44B$357.78M$981.59M$957.78M$1.12B$1.37B
Surprise %-153.24%-69.86%-95.86%-81.87%-----

CCJ Forecast FAQ


Is Cameco stock a buy?

Cameco stock has a consensus rating of Buy, based on 8 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 8 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Cameco is a favorable investment for most analysts.

What is Cameco's price target?

Cameco's price target, set by 8 Wall Street analysts, averages $38.49 over the next 12 months. The price target range spans from $30.24 at the low end to $55 at the high end, suggesting a potential -23.13% change from the previous close price of $50.07.

How does Cameco stock forecast compare to the average forecast of its sector, industry, and investment themes?

Cameco stock forecast shows a -23.13% downside, underperforming the average forecast for the energy stocks sector (25.44%) and underperforming the uranium stocks industry (1.13%), trailing the Nuclear Energy Stocks List (12.16%) investment theme.

What is the breakdown of analyst ratings for Cameco over the past three months?

  • January 2025: 41.18% Strong Buy, 58.82% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 37.50% Strong Buy, 62.50% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 33.33% Strong Buy, 55.56% Buy, 5.56% Hold, 5.56% Sell, 0% Strong Sell.

What is Cameco’s EPS forecast?

Cameco's average annual EPS forecast for its fiscal year ending in December is 0.61 for 2024, a -26.51% decrease from the reported $0.83 in 2023. The prediction for 2025 is $1.66, $1.99 for 2026, $2.33 for 2027, and $2.85 for 2028.

What is Cameco’s revenue forecast?

Cameco's average annual revenue forecast for its fiscal year ending in December is $2.09B for 2024, a -19.41% decrease from the reported $2.59B in 2023. The forecast for 2025 is $2.29B, $2.4B for 2026, $2.31B for 2027, and $2.47B for 2028.

What is Cameco’s net income forecast?

For its fiscal year ending in December, Cameco's average annual net income forecast is $266.92M for 2024, reflecting a -26.03% decrease from the reported $360.85M in 2023. The projection for 2025 is $723.57M, $867.08M for 2026, $1.01B for 2027, and $1.24B for 2028.