TSX open
Loading markets…

Advertisement

Stocks

Why Cameco Corp stock is gaining today

By Wealth Awesome -

This move is archived. Current quotes and coverage live on the stock page.

Stocks & ETFs:CCO.TO

Follow CCO

Photos provided by Pexels

Cameco Corp's stock is on the rise, reflecting positive momentum in the uranium market.

Cameco Corp (CCO.TO) is experiencing a notable increase in its stock price, gaining 1.31% in today’s session. This uptick is due to several factors affecting the uranium sector and investor interest in nuclear energy as a clean power source.

Investor takeaway: For investors, Cameco's recent performance highlights the potential of uranium stocks as demand for clean energy solutions grows.

Advertisement

Cameco Corp

CCO.TO

Full stock page →

CCO.TO

Cameco Corp

Source:WealthAwesomeWealthAwesome
↓ $48.90 (-29.28%)
120 day period
$115.99$142.37$168.75Apr 24Jul 21Oct 15

Market cap

$51.45B

P/E

153.4x

Div. yield

0.21%

Div. / share

$0.24

52W high

$182.72

52W low

$109.68

1W change

-4.69%

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 51.6% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$179.07

+51.6% Upside

Previously C$179.73 on Sep 17, 2026

Current Price

C$118.12

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on CCO's historical volatility

HistoricalForecast68%95%
C$70.28C$94.80C$119.31C$143.83C$168.35C$192.86TodayJun 8Aug 12Oct 15Nov 27Jan 10Feb 22

30-Day Vol

39.7%

Annualized

90-Day Vol

45.1%

Annualized

Trend (90d)

-3.9%

Annualized drift

90d Mean

C$116.47

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$117.57C$102.51 – C$134.84
60 trading daysC$117.02C$96.40 – C$142.05
90 trading daysC$116.47C$91.86 – C$147.68

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.

Advertisement

Cameco Corp's Market Cap Reaches CA$59.53 Billion

With a market capitalization of CA$59.53 billion, Cameco Corp remains a significant player in the uranium sector, reflecting its strong market position.

Bull case

The increasing global focus on clean energy has made uranium a key player in the energy transition, benefiting companies like Cameco. As governments aim to reduce carbon emissions, the demand for nuclear energy is expected to rise, which could drive up uranium prices.

Bear case

However, investors should be cautious. The uranium market can be volatile, and any regulatory changes or shifts in public opinion about nuclear energy could negatively impact Cameco's stock performance.

Advertisement

Cameco's Position in the Uranium Market

Cameco Corp has established itself as a leading uranium producer, taking advantage of the rising global demand for nuclear energy. The company’s strategic decisions and operational efficiency have helped it navigate the complexities of the uranium market effectively. As the world moves towards cleaner energy sources, Cameco is well-positioned to benefit from this trend.

Investor Sentiment and Future Outlook

Investor sentiment towards Cameco Corp remains optimistic, with many seeing the stock as a solid investment in the evolving energy landscape. The company’s strong financials and the growing uranium market suggest it could continue to perform well in the near future. However, potential investors should keep an eye on market fluctuations and regulatory changes that could affect the uranium sector.

Advertisement

Wealth Awesome
Written by

Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

View Full Profile →

✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: August 19, 2026
Last Updated: August 19, 2026

Core portfolio

Awesome Portfolio™

14.8% a year since 2017, against 9.7% for the S&P/TSX Composite. Ten stocks, easy to manage. We update it once a month.

Annualized

+14.8%

Awesome Portfolio™

+9.7%

S&P/TSX

+5.0 pp better a year

Total return

+254%

Awesome Portfolio™

+134%

S&P/TSX

+119 pp better than the TSX

2017-07-31 to 2026-09-29, dividends reinvested, before fees and tax.

Awesome Portfolio™S&P/TSX CompositeCumulative return · 2017-07-31–2026-09-29
-11.7%42.5%96.7%150.9%205.1%259.3%Jul 17Oct 19Feb 22Jun 24Sep 26

Sponsored links

Advertisement