Cameco Corp experienced a notable decline in its stock price compared to the broader market.
Cameco Corp (CCO.TO) reported a 4.01% drop in its stock price, which is more significant than the broader market movements. The stock closed at C$123.71, down from the previous session. Over the past week, Cameco's stock has increased by 2.90%, but its one-month performance shows a decrease of 8.95%. Year-to-date, the stock has also declined by 6.21%.
Investor takeaway: Investors should consider both the current price trends and the broader market context when evaluating Cameco's stock.
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Cameco Corp
CCO.TO
CCO.TO
Cameco Corp
WealthAwesomeMarket cap
$55.30B
P/E
156.7x
Div. yield
0.18%
Div. / share
$0.24
52W high
$182.72
52W low
$109.68
1W change
+2.90%
Beta
1.14
Analyst Price Targets
Based on analyst covering CCO · as of Sep 21, 2026
Wall Street analysts forecast CCO stock price to rise 41.0% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$179.07
+41.0% Upside
Previously C$179.73 on Sep 17, 2026
Current Price
C$126.96
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CCO's historical volatility
30-Day Vol
38.9%
Annualized
90-Day Vol
48.6%
Annualized
Trend (90d)
-2.3%
Annualized drift
90d Mean
C$125.90
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$126.61 | C$110.69 – C$144.81 |
| 60 trading days | C$126.25 | C$104.41 – C$152.67 |
| 90 trading days | C$125.90 | C$99.77 – C$158.88 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Cameco's last close at C$123.71 reflects a 4.01% decline in one day.
The latest trading volume of 194,850 shares is 1.08 times the 20-day average, suggesting increased trading activity despite the price drop.
Bull case
Cameco's average analyst target suggests a potential upside of 44.8%, indicating a positive long-term outlook despite recent declines. Analysts remain optimistic, with an average target price of C$179.07, which implies significant growth potential from the current price. This bullish sentiment reflects confidence in Cameco's ability to navigate challenges in the energy sector, particularly in the nuclear segment.
Bear case
The stock's 52-week range shows a significant drop from its high, raising concerns about sustained downward pressure on its price. Currently, Cameco is trading at 6.5% below its 50-day moving average of C$132.26 and 15.6% below its 200-day moving average of C$146.63. Investors are wary of the stock's performance, especially as it sits at 19% within its 52-week range of C$109.68 to C$182.72.
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Trading Volume Insights
The trading volume for Cameco was 194,850 shares, which is significantly lower than the 20-day average volume of 1,046,852 shares. However, this volume represents 1.08 times the average, indicating heightened trading activity as investors react to the stock's recent performance. The increase in volume may suggest that investors are actively reassessing their positions following the stock's notable decline.
Market Context and Analyst Outlook
Despite the recent dip, analysts maintain a bullish outlook on Cameco, with an average target price of C$179.07, suggesting an implied potential upside of 44.8% from the current price. The stock's P/E ratio stands at 156.74, indicating that it is valued significantly higher than its earnings might suggest. Investors will be watching how Cameco navigates the challenges in the energy sector, particularly in the nuclear segment, and whether it can regain momentum in the coming months.
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