Cameco Corp (CCJ · NYSE)
CCJ · MARKET VIEW
Market view · as of Sep 21, 2026
Price (last ~year)
Cameco shares have fallen 14.1% over three months to $91.62, sitting 31.7% below their 52-week high, after a Q2 earnings miss in which reported EPS of $0.13 came in 50% below the $0.26 estimate. Quarterly results show sequential deterioration, with revenue slipping from $1.20B in Q4 2025 to $814.1M in Q2 2026 and net income falling from $198.9M to $25.2M, while free cash flow was nearly breakeven at $3.1M (operating cash flow $109.6M against capex of $106.5M). The stock trades at a P/E of 157.97 and EV/EBITDA of 65.62 despite a 92.1% YoY earnings decline, though the balance sheet remains modestly levered at 1.3x debt/EBITDA with $1.11B in cash. Institutional buying continues — Bank of America took a new 7.22 million-share stake (~$735.5M) — and Jefferies initiated coverage with a buy rating and C$190 target, while the analyst target sits at $128.83.
Valuation
- Market cap
- $39.90B
- P/E
- 157.97
- PEG
- 1.916
- P/B
- 7.83
- P/S
- 11.48
- EV/EBITDA
- 65.62
- Beta
- 1.012
- Analyst target
- $128.83
Quality & returns
- Gross margin
- 35.1%
- Operating margin
- 9.1%
- Profit margin
- 10.2%
- ROE
- 5.1%
- ROA
- 3.0%
Price movement
- Last
- $91.62
- 1-month
- -4.2%
- 3-month
- -14.1%
- RSI (14)
- 32
- vs SMA200
- -13.4%
- 52-wk position
- 22.5% -31.7% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $814.1M | $84.7M | $25.2M | $167.5M |
| 2026-03-31 | $845.4M | $164.1M | $131.1M | $252.8M |
| 2025-12-31 | $1.20B | $163.6M | $198.9M | $352.3M |
| 2025-09-30 | $614.6M | $93.0M | $-141000 | $91.2M |
Recent news
- Somewhat-Bullish Bank of America Corp DE Makes New Investment in Cameco Corporation $CCJ · 2026-09-16
- Neutral Wall Street Analysts Think Cameco (CCJ) Is a Good Investment: Is It? · 2026-09-14
- Neutral Wall Street Zen Upgrades Cameco (NYSE:CCJ) to Hold · 2026-09-05
- Bullish Cameco stock rises as Jefferies initiates with buy rating By Investing.com · 2026-09-03
- Somewhat-Bullish Microreactor Criticality Milestones Fuel Nuclear Renaissance · 2026-08-28
- Neutral Ieq Capital LLC Makes New Investment in Cameco Corporation $CCJ · 2026-08-26
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)