Cameco reports before the market opens on October 30. Analysts expect earnings to rebound sharply from a year ago, but the company’s last four comparable quarters were split between two beats and two misses.
Cameco Corp. (TSX: CCO) is set to report results for the quarter ended September 30, 2026, before the market opens on October 30. The report will show whether the uranium producer and nuclear-services supplier has recovered from a weak June quarter. Analysts expect EPS of C$0.35 and revenue of C$718.04 million. The calendar estimate is C$0.27, so figures can vary by data source. For more company details, visit the Cameco stock page.
Recent earnings trend
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Cameco Corp
CCO.TO
CCO.TO
Cameco Corp
WealthAwesomeMarket cap
$50.42B
P/E
148.4x
Div. yield
0.22%
Div. / share
$0.24
52W high
$182.72
52W low
$107.55
1W change
-2.62%
Beta
1.14
Analyst Price Targets
Based on analyst covering CCO · as of Oct 20, 2026
Wall Street analysts forecast CCO stock price to rise 61.4% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$179.00
+61.4% Upside
Previously C$179.07 on Sep 21, 2026
Current Price
C$110.90
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
40.9%
Annualized
90-Day Vol
42.5%
Annualized
Trend (90d)
-27.4%
Annualized drift
90d Mean
C$105.00
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$112.06 | C$97.31 – C$129.05 |
| 60 trading days | C$108.47 | C$88.84 – C$132.43 |
| 90 trading days | C$105.00 | C$82.23 – C$134.07 |
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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Analyst coverage: 9 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-30 | — | 0.2700 | — |
| 2026-06-30 | 2026-07-31 | 0.1800 | 0.3800 | -52.6% |
| 2026-03-31 | 2026-05-05 | 0.4700 | 0.3400 | +38.2% |
| 2025-12-31 | 2026-02-13 | 0.5000 | 0.4400 | +13.6% |
| 2025-09-30 | 2025-11-05 | 0.0700 | 0.2700 | -74.1% |
| 2025-06-30 | 2025-07-31 | 0.7100 | 0.5200 | +36.5% |
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Investor takeaway: Analysts expect earnings to rebound year over year, but that doesn’t guarantee a beat. Cameco beat estimates twice and missed twice in its last four comparable quarters. Its most recent reported quarter fell well short of expectations. Analysts have raised their EPS forecast slightly over the past month, but estimates vary widely. Investors should look at earnings and revenue, as well as management’s explanation of the results.
C$0.35 EPS consensus
The consensus EPS estimate has risen from C$0.33 a month ago. It implies 403% growth from year-ago EPS of C$0.07. Since that comparison starts from a low base and forecasts vary widely, the growth rate alone doesn’t show how strong the quarter will be.
Bull case
Analysts expect EPS of C$0.35, up 403% from C$0.07 a year ago, and revenue of C$718.04 million, up 16.8%. The EPS estimate has increased from C$0.33 over the past 30 days, with three upward revisions and one downward revision. Cameco operates across uranium, fuel services and Westinghouse technology, giving it exposure to several parts of the nuclear fuel and power chain. If results match expectations, they could support the case for earnings growth.
Bear case
Cameco’s recent results have been uneven. It missed estimates in the June and September 2025 quarters, beat in March 2026, then missed again in June. In that latest quarter, EPS was C$0.18 against an estimate of C$0.38. For the September quarter, estimates range from C$0.10 to C$0.58, showing how uncertain the forecast is. The stock closed at C$110.90, below its 50-day and 200-day moving averages, and its trailing P/E is about 136.9. Long-term demand for nuclear power doesn’t eliminate the risk of earnings swings or a lower valuation.
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