Research Analysts Set Expectations for Cameco Q1 Earnings

Cameco Co. (NYSE:CCJ) (TSE:CCO) – Investment analysts at Raymond James issued their Q1 2026 earnings per share (EPS) estimates for Cameco in a note issued to investors on Thursday, May 1st. Raymond James analyst B. Macarthur expects that the basic materials company will post earnings per share of $0.25 for the quarter. The consensus estimate for Cameco’s current full-year earnings is $1.27 per share. Raymond James also issued estimates for Cameco’s Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.40 EPS, Q4 2026 earnings at $0.64 EPS and FY2026 earnings at $1.61 EPS.

Cameco (NYSE:CCJ) (TSE:CCO) last released its quarterly earnings results on Thursday, May 1st. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.07). Cameco had a net margin of 5.39% and a return on equity of 4.34%. The business had revenue of $549.58 million for the quarter, compared to the consensus estimate of $890.07 million. During the same period in the previous year, the business posted $0.13 EPS. Cameco’s revenue was up 24.4% on a year-over-year basis.

A number of other equities analysts have also commented on CCJ. Stifel Nicolaus initiated coverage on Cameco in a research note on Wednesday, March 12th. They issued a “buy” rating on the stock. Sanford C. Bernstein began coverage on shares of Cameco in a research report on Tuesday, April 1st. They issued an “outperform” rating and a $52.00 price target on the stock. Desjardins started coverage on shares of Cameco in a research report on Friday, April 4th. They set a “buy” rating for the company. Royal Bank of Canada restated an “outperform” rating and issued a $90.00 target price on shares of Cameco in a report on Tuesday, March 4th. Finally, StockNews.com cut shares of Cameco from a “hold” rating to a “sell” rating in a research report on Monday. One analyst has rated the stock with a sell rating, nine have given a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $70.03.

Cameco Stock Up 3.7 %

Shares of CCJ opened at $48.15 on Monday. The stock’s 50-day moving average price is $42.28 and its two-hundred day moving average price is $49.06. Cameco has a 12 month low of $35.00 and a 12 month high of $62.55. The company has a market capitalization of $20.96 billion, a PE ratio of 171.95 and a beta of 0.89. The company has a current ratio of 2.88, a quick ratio of 1.26 and a debt-to-equity ratio of 0.20.

Hedge Funds Weigh In On Cameco

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Sierra Ocean LLC acquired a new stake in Cameco in the fourth quarter valued at approximately $25,000. Hurley Capital LLC acquired a new stake in Cameco in the 4th quarter valued at $27,000. Bank Julius Baer & Co. Ltd Zurich bought a new stake in Cameco during the 4th quarter valued at $28,000. Whipplewood Advisors LLC acquired a new position in Cameco during the fourth quarter worth $33,000. Finally, Compass Planning Associates Inc bought a new position in shares of Cameco in the fourth quarter valued at $36,000. Institutional investors own 70.21% of the company’s stock.

About Cameco

Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.