Cameco (NYSE:CCJ) Stock Price Down 2.2% – What’s Next?

Posted by George Bondi on Jun 26th, 2026

Cameco Corporation (NYSE:CCJ – Get Free Report) (TSE:CCO) fell 2.2% during trading on Wednesday . The company traded as low as $104.51 and last traded at $106.4710. Approximately 2,785,871 shares were traded during trading, a decline of 25% from the average daily volume of 3,724,706 shares. The stock had previously closed at $108.89.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on CCJ shares. Weiss Ratings downgraded shares of Cameco from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 4th. Canadian Imperial Bank of Commerce lifted their price target on Cameco to $202.00 in a research note on Monday, March 9th. Scotiabank reissued an “outperform” rating and issued a $175.00 price objective on shares of Cameco in a report on Wednesday, May 6th. William Blair began coverage on Cameco in a report on Monday, April 20th. They set an “outperform” rating on the stock. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $135.00 target price on shares of Cameco in a research report on Monday, June 15th. Eleven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $147.42.

Get Our Latest Analysis on CCJ

Cameco Stock Performance

The stock’s 50-day moving average price is $111.80 and its 200-day moving average price is $110.36. The company has a current ratio of 3.08, a quick ratio of 2.09 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $45.53 billion, a P/E ratio of 96.58, a P/E/G ratio of 1.94 and a beta of 0.99.

Cameco (NYSE:CCJ – Get Free Report) (TSE:CCO) last announced its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.05. The business had revenue of $607.49 million during the quarter, compared to the consensus estimate of $598.63 million. Cameco had a net margin of 18.38% and a return on equity of 11.05%. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.16 EPS. As a group, equities analysts expect that Cameco Corporation will post 1.21 EPS for the current year.

Institutional Investors Weigh In On Cameco

A number of hedge funds have recently added to or reduced their stakes in CCJ. Nisa Investment Advisors LLC bought a new position in Cameco in the 4th quarter worth about $25,000. Founders Capital Management bought a new position in Cameco in the 4th quarter worth approximately $27,000. Strategic Advocates LLC acquired a new stake in Cameco in the 3rd quarter valued at approximately $28,000. Mcguire Capital Advisors Inc. acquired a new stake in Cameco in the 4th quarter valued at approximately $28,000. Finally, Caitong International Asset Management Co. Ltd raised its stake in 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 in the last quarter. 70.21% of the stock is currently owned by institutional investors.

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.