Cameco Corp is seeing a significant rise in its stock price, driven by positive sentiment in the uranium sector.
Cameco Corp (CCO.TO) is up today, gaining 1.98% to close at CA$133.58. This increase reflects a broader trend in the uranium market, as investors react to recent news about supply shortages.
Investor takeaway: Cameco's stock performance today shows renewed investor confidence, especially given the ongoing supply challenges in the uranium sector.
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Cameco Corp
CCO.TO
CCO.TO
Cameco Corp
WealthAwesomeMarket cap
$55.79B
P/E
158.1x
Div. yield
0.18%
Div. / share
$0.24
52W high
$182.72
52W low
$109.68
1W change
+0.97%
Beta
1.01
Analyst Price Targets
Based on analyst covering CCO · as of Sep 21, 2026
Wall Street analysts forecast CCO stock price to rise 36.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$179.07
+36.7% Upside
Previously C$179.73 on Sep 17, 2026
Current Price
C$130.99
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
39.6%
Annualized
90-Day Vol
47.7%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$109.57
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$123.42 | C$107.65 – C$141.50 |
| 60 trading days | C$116.29 | C$95.85 – C$141.09 |
| 90 trading days | C$109.57 | C$86.47 – C$138.84 |
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 Market Cap Surpasses CA$55 Billion
Cameco's market capitalization is now CA$55.79 billion, highlighting its significant role in the uranium industry during the ongoing global energy transition.
Bull case
The recent positive sentiment in uranium stocks, supported by JPMorgan's insights on long-term supply deficits, puts Cameco in a strong position for continued growth. With expected earnings increases and a strategic investment in Westinghouse, the company is well-positioned to benefit from the resurgence of nuclear energy.
Bear case
Despite today's gains, Cameco's high P/E ratio of 161.72 raises concerns that the stock might be overvalued, particularly if market sentiment changes or if upcoming earnings reports fall short of expectations.
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Market Sentiment and Supply Dynamics
Cameco's rise today is mainly due to renewed optimism in the uranium sector, as highlighted by JPMorgan's recent report on long-term supply deficits. This positive sentiment is crucial for Cameco, which has been navigating a tough market environment.
Earnings Outlook and Strategic Moves
Investors are closely watching Cameco's upcoming earnings report, with projections indicating a significant increase in earnings per share. Additionally, Cameco's stake in Westinghouse positions it well to benefit from a potential surge in nuclear energy investments.
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