Cameco Corp experienced a notable drop in stock price this week, reflecting broader market trends and specific challenges within the energy sector.
Cameco Corp (CCO.TO) closed at C$123.93 on Friday, marking a 4.01% decline for the day. Despite this setback, the stock has seen a 2.90% increase over the past week. The company's performance continues to be influenced by market dynamics in the nuclear energy sector, as well as broader economic conditions.
Investor takeaway: Investors should closely monitor Cameco's stock performance in relation to market trends and analyst expectations, especially given the company's significant fluctuations in recent months.
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Cameco Corp
CCO.TO
CCO.TO
Cameco Corp
WealthAwesomeMarket cap
$53.98B
P/E
153.0x
Div. yield
0.19%
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
39.1%
Annualized
90-Day Vol
47.2%
Annualized
Trend (90d)
-16.4%
Annualized drift
90d Mean
C$116.87
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$121.53 | C$106.20 – C$139.08 |
| 60 trading days | C$119.18 | C$98.48 – C$144.23 |
| 90 trading days | C$116.87 | C$92.52 – C$147.63 |
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 stock has a 52-week range of C$109.68 to C$182.72.
Currently, the stock is trading at approximately 20% of its 52-week range, indicating some volatility and investor uncertainty.
Bull case
Analysts remain optimistic about Cameco, with an average target price of C$179.07, suggesting a potential upside of 44.5%. This positive outlook is driven by the ongoing demand for nuclear energy as a clean power source.
Bear case
On the downside, Cameco's stock has declined by 6.21% year-to-date, indicating potential challenges in the market. Additionally, the stock's high P/E ratio of 156.74 raises concerns about its valuation, particularly in a volatile energy sector.
Recent Price Action
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Cameco Corp's stock closed at C$123.93 on Friday, marking a significant drop of 4.01% for the day. However, the stock has shown resilience over the past week, appreciating by 2.90%. As a player in the energy sector, Cameco's movements often reflect broader market trends and investor sentiment.
Company News and Market Context
Recent headlines indicate that Cameco has faced challenges, including a more significant dip than the broader market. Analysts have noted that while nuclear energy stocks are gaining attention, they are also subject to volatility. Factors such as demand for clean energy and market speculation are influencing investor decisions. The stock has been highlighted in discussions about top Canadian nuclear stocks to watch, indicating ongoing interest in the sector.
Technical Picture
Cameco's stock is currently trading below its 50-day moving average of C$132.26 and its 200-day moving average of C$146.63, indicating a bearish trend in the short to medium term. The stock's 52-week range is C$109.68 to C$182.72, with the current price representing approximately 20% of this range. The beta of 1.14 suggests that the stock is slightly more volatile than the market, which could be a consideration for risk-averse investors. Recent trading volume of 1,092,085 shares is slightly above the 20-day average volume of 1,046,852 shares, indicating heightened trading activity.
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