Cameco (NYSE:CCJ) Shares Down 1.5% – What’s Next?

Posted by Brian Himes on May 19th, 2026

Cameco Corporation (NYSE:CCJ – Get Free Report) (TSE:CCO) fell 1.5% during trading on Tuesday . The company traded as low as $101.95 and last traded at $103.5270. 3,308,802 shares traded hands during trading, a decline of 14% from the average session volume of 3,840,557 shares. The stock had previously closed at $105.14.

Analyst Upgrades and Downgrades

A number of research firms have commented on CCJ. TD Securities downgraded shares of Cameco from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 26th. Glj Research reissued a “buy” rating and set a $171.20 target price (up from $100.00) on shares of Cameco in a research report on Wednesday, February 18th. Scotiabank reissued an “outperform” rating and set a $175.00 target price on shares of Cameco in a research report on Wednesday, May 6th. Weiss Ratings downgraded shares of Cameco from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Finally, Zacks Research downgraded shares of Cameco from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 18th. Eleven research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Cameco has a consensus rating of “Moderate Buy” and a consensus price target of $153.13.

Read Our Latest Stock Analysis on CCJ

Cameco Trading Down 1.5%

The firm has a market capitalization of $45.09 billion, a PE ratio of 95.86, a price-to-earnings-growth ratio of 1.81 and a beta of 1.04. The company’s 50-day simple moving average is $114.08 and its 200 day simple moving average is $107.20. The company has a quick ratio of 2.09, a current ratio of 3.08 and a debt-to-equity ratio of 0.14.

Cameco (NYSE:CCJ – Get Free Report) (TSE:CCO) last released its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.29 by $0.05. The business had revenue of $607.49 million during the quarter, compared to analyst estimates of $598.63 million. Cameco had a net margin of 18.38% and a return on equity of 11.05%. The company’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.16 earnings per share. As a group, sell-side analysts expect that Cameco Corporation will post 1.32 EPS for the current year.

Hedge Funds Weigh In On Cameco

Hedge funds have recently modified their holdings of the stock. Nisa Investment Advisors LLC purchased a new position in Cameco during the 4th quarter worth approximately $25,000. Founders Capital Management acquired a new stake in Cameco during the 4th quarter worth $27,000. Strategic Advocates LLC acquired a new stake in Cameco during the 3rd quarter worth $28,000. Mcguire Capital Advisors Inc. acquired a new stake in Cameco during the 4th quarter worth $28,000. Finally, Caitong International Asset Management Co. Ltd boosted its position in shares of Cameco by 30,700.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 308 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 307 shares during the last quarter. Institutional investors and hedge funds own 70.21% of the company’s stock.

Cameco Company Profile

(Get Free Report)

Cameco Corporation (NYSE: CCJ) is a leading producer of uranium and a supplier to the global nuclear power industry. Headquartered in Saskatoon, Saskatchewan, Canada, the company is engaged in the exploration, mining, milling and sale of uranium concentrate, commonly known as yellowcake, which is used as fuel for nuclear reactors. Cameco also participates in services and activities that support the front end of the nuclear fuel cycle, including processing and marketing of uranium to utilities under long‑term and spot contracts.

The company’s operations have historically centered in Canada and the United States, where it operates and develops uranium mining and processing properties.