Cameco Corp is having a tough day on the TSX, with its stock price slipping significantly.
Cameco Corp (CCO.TO) is seeing a downturn today, with shares falling by 2.19% to a closing price of CA$113.45. This drop comes amid broader market pressures and specific challenges in the uranium sector.
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Cameco Corp
CCO.TO
CCO.TO
Cameco Corp
WealthAwesomeMarket cap
$50.52B
P/E
143.2x
Div. yield
0.20%
Div. / share
$0.24
52W high
$182.72
52W low
$109.68
1W change
-8.64%
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 54.4% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$179.07
+54.4% Upside
Previously C$179.73 on Sep 17, 2026
Current Price
C$115.99
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
39.5%
Annualized
90-Day Vol
45.1%
Annualized
Trend (90d)
-14.0%
Annualized drift
90d Mean
C$110.32
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$114.07 | C$99.54 – C$130.71 |
| 60 trading days | C$112.18 | C$92.52 – C$136.01 |
| 90 trading days | C$110.32 | C$87.14 – C$139.68 |
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.
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Investor takeaway: Investors should be cautious as Cameco's stock continues to slide, reflecting broader market trends and potential concerns about its upcoming earnings report.
Cameco's stock drops 2.19% today
This decline marks a continuation of a tough month for Cameco, with shares down 5.55% over the past month, underperforming the broader market.
Bull case
Despite today’s decline, Cameco has long-term contracts and a solid position in the uranium market, which could offer stability and growth potential. As global demand for nuclear energy rises, this could benefit the company.
Bear case
However, the current weakness in the stock may indicate deeper issues, such as high valuation metrics and a recent drop in earnings estimates, which could put more pressure on the stock moving forward.
Market Context
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Cameco's stock performance today reflects broader market trends, with the S&P 500 also facing losses. The company’s recent performance has lagged behind the Oils-Energy sector, raising concerns about its future trajectory.
Earnings Outlook
As Cameco prepares to release its earnings on October 30, 2026, analysts expect a significant increase in EPS. However, this could be overshadowed by the recent downward revisions in estimates. Investors will be closely watching these developments, as they could impact stock performance.
Valuation Concerns
Cameco's high P/E ratio of 150.64 suggests that investors are paying a premium for growth expectations. But with recent declines in earnings estimates, there’s a risk that the stock may not justify its current valuation, which could lead to further price corrections.
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