Raymond James Estimates Cameco’s Q1 Earnings (NYSE:CCJ)

Cameco Co. (NYSE:CCJ) (TSE:CCO) – Stock analysts at Raymond James issued their Q1 2026 earnings per share estimates for Cameco in a research report issued to clients and investors on Thursday, May 1st. Raymond James analyst B. Macarthur anticipates that the basic materials company will earn $0.25 per share 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 posted its 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 return on equity of 4.34% and a net margin of 5.39%. The firm had revenue of $549.58 million during the quarter, compared to the consensus estimate of $890.07 million. During the same quarter in the previous year, the company earned $0.13 EPS. The business’s revenue was up 24.4% compared to the same quarter last year.

Other equities analysts have also issued reports about the company. Glj Research upped their target price on Cameco from $62.76 to $75.68 and gave the company a “buy” rating in a report on Wednesday, March 12th. Desjardins assumed coverage on Cameco in a research note on Friday, April 4th. They issued a “buy” rating for the company. Stifel Nicolaus assumed coverage on shares of Cameco in a research report on Wednesday, March 12th. They set a “buy” rating for the company. Stifel Canada raised shares of Cameco to a “strong-buy” rating in a research report on Wednesday, March 12th. Finally, Sanford C. Bernstein assumed coverage on shares of Cameco in a report on Tuesday, April 1st. They issued an “outperform” rating and a $52.00 price target on the stock. One investment analyst has rated the stock with a sell rating, nine have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $70.03.

Cameco Trading Up 3.7 %

Shares of CCJ stock opened at $48.15 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.26 and a current ratio of 2.88. The company has a market capitalization of $20.96 billion, a price-to-earnings ratio of 171.95 and a beta of 0.89. Cameco has a 52-week low of $35.00 and a 52-week high of $62.55. The company has a 50-day simple moving average of $42.28 and a two-hundred day simple moving average of $49.06.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Cameco during the fourth quarter worth $188,595,000. FMR LLC increased its position in shares of Cameco by 8.7% during the fourth quarter. FMR LLC now owns 22,639,647 shares of the basic materials company’s stock valued at $1,163,942,000 after buying an additional 1,811,876 shares during the period. Driehaus Capital Management LLC lifted its holdings in shares of Cameco by 120.2% in the fourth quarter. Driehaus Capital Management LLC now owns 2,245,539 shares of the basic materials company’s stock worth $115,398,000 after buying an additional 1,225,966 shares in the last quarter. Alliancebernstein L.P. boosted its position in shares of Cameco by 13.5% in the fourth quarter. Alliancebernstein L.P. now owns 10,088,407 shares of the basic materials company’s stock valued at $518,443,000 after acquiring an additional 1,196,336 shares during the period. Finally, AGF Management Ltd. grew its stake in Cameco by 54.2% during the fourth quarter. AGF Management Ltd. now owns 3,393,233 shares of the basic materials company’s stock valued at $174,433,000 after acquiring an additional 1,193,266 shares in the last quarter. 70.21% of the stock is owned by institutional investors.

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.