Research Analysts Set Expectations for Cameco Q3 Earnings

Cameco Corporation (NYSE:CCJ) (TSE:CCO) – Research analysts at Stifel Canada dropped their Q3 2025 EPS estimates for Cameco in a research note issued to investors on Tuesday, October 21st. Stifel Canada analyst R. Profiti now anticipates that the basic materials company will post earnings of $0.18 per share for the quarter, down from their prior forecast of $0.30. The consensus estimate for Cameco’s current full-year earnings is $1.27 per share. Stifel Canada also issued estimates for Cameco’s FY2025 earnings at $1.07 EPS, FY2026 earnings at $0.91 EPS and FY2027 earnings at $1.68 EPS.

Cameco (NYSE:CCJ) (TSE:CCO) last announced its earnings results on Thursday, July 31st. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.22. Cameco had a net margin of 14.97% and a return on equity of 8.21%. The firm had revenue of $467.72 million during the quarter, compared to analyst estimates of $819.79 million. During the same quarter in the prior year, the firm posted $0.14 EPS. Cameco’s revenue was up 46.7% compared to the same quarter last year. Cameco has set its FY 2025 guidance at EPS.

Other equities research analysts have also recently issued research reports about the company. Wall Street Zen raised Cameco from a “hold” rating to a “buy” rating in a report on Sunday, October 19th. National Bankshares reissued an “outperform” rating on shares of Cameco in a research note on Friday, August 22nd. Scotiabank restated an “outperform” rating on shares of Cameco in a report on Tuesday, July 8th. CLSA began coverage on Cameco in a report on Tuesday, September 9th. They set an “outperform” rating and a $102.00 target price on the stock. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Cameco in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Cameco has a consensus rating of “Buy” and a consensus price target of $89.55.

Cameco Trading Up 3.2%

Cameco stock opened at $86.23 on Friday. The firm has a 50 day simple moving average of $81.83 and a 200-day simple moving average of $68.59. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.96 and a quick ratio of 2.00. The stock has a market capitalization of $37.54 billion, a PE ratio of 99.11 and a beta of 0.99. Cameco has a 12-month low of $35.00 and a 12-month high of $97.79.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Abbington Investment Group purchased a new position in Cameco during the 3rd quarter valued at about $6,506,000. Caldwell Trust Co purchased a new position in Cameco during the third quarter valued at approximately $113,000. Moran Wealth Management LLC grew its position in Cameco by 9.4% during the third quarter. Moran Wealth Management LLC now owns 37,179 shares of the basic materials company’s stock valued at $3,118,000 after purchasing an additional 3,196 shares in the last quarter. Gunderson Capital Management Inc. increased its stake in Cameco by 267.1% in the 3rd quarter. Gunderson Capital Management Inc. now owns 65,175 shares of the basic materials company’s stock valued at $5,466,000 after buying an additional 47,423 shares during the period. Finally, CoreCap Advisors LLC lifted its position in Cameco by 162.8% in the 3rd quarter. CoreCap Advisors LLC now owns 1,238 shares of the basic materials company’s stock worth $104,000 after buying an additional 767 shares in the last quarter. 70.21% of the stock is owned by hedge funds and other 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.