Cameco (CCJ.US) Price Target 2026/2027: 35% Upside – Rating and Stock Analysis

95,63
1,44%
Price history for Cameco (CCJ.US) – stock price at 95.63 $, August 2026
Cameco stock price – price development 2026. Updated Aug 6, 2026.
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Cameco Price Target 2026: Analysts See 35% Upside

The average price target for Cameco is $129.15. This price target represents the analysts' view of the stock price over the next 12 months. The stock may be undervalued, because the price target is higher than the current price. The stock is 35,06% below the target, which can point to potential returns within the next 12 months if the analysts' view proves right. Also consider the stock's valuation ratios such as P/E, P/S and P/B, plus the technical analysis further down the page, for the full picture.

Is Cameco overvalued or undervalued?

Cameco is currently undervalued with a gap of 35.1% relative to the price target.


The current price is $95.63, which places Cameco in the undervalued category. The stock is considered undervalued when the price is below $116.24, and overvalued when the price exceeds $142.07.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For Cameco, the fair value range lies between $116.24 and $142.07.


See the full price target analysis for Cameco →

Analyst Ratings for Cameco stock in 2026: Strong Buy

19 analysts cover Cameco. There is broad agreement on a positive view — 100% recommend buying. The average price target is $129.15, which gives an upside of 35.1% from the current price.

Consensus: Strong Buy (4.53/5)
Strong Buy
10 (52.6%)
Buy
9 (47.4%)
Strong Sell Sell Hold Buy Strong Buy
4.53 out of 5 based on 19 analysts

About Cameco – Uran

Cameco Corporation tjener penge på at levere uran til atomkraftværker globalt. De driver både minedrift, hvor de udvinder urankoncentrat, og de handler også med det. Derudover har Cameco en forretning med brændselsservice. Her raffinerer og omdanner de urankoncentratet til brugbart materiale. De laver også specialdele som brændselsbundter til CANDU-reaktorer. Virksomheden sælger deres uran og brændselsservices til energiselskaber i både Amerika, Europa og Asien. Cameco Corporation blev stiftet i 1987 og har hovedkontor i Saskatoon, Canada. Read more about the company

Key Figures for Cameco

$ 40,5B Market cap
$ 3,5B Revenue
Uran Industry
155.15 P/E
11.67 P/S
7.48 P/B
USA Listed on exchange
cameco.com Website
Energi Sector

What kind of stock is Cameco?

Speculative stock

Cameco is classified as a speculative stock.

Score Overview for Cameco

💰 Value Score 11/100 (Very Low)
⭐ Quality Score 47/100 (Neutral)
🚀 Momentum Score 28/100 (Low)
📊 Total Score 28/100

⚠️ 1 red flag identified 1 critical

Our analysis has identified 1 potential risk factor in Cameco that investors should be aware of.

🚨 Falling earnings: Quarterly earnings have fallen 92% year over year – the company's profitability is under pressure.

📈 Valuation

Cameco trades at a P/E ratio of 155.2, which is above the market average. The forward P/E is 76.9 (50% lower), which suggests the market expects rising earnings. The P/S ratio is 11.7 (high — the market pays a premium for the revenue). The P/B ratio is 7.5. The PEG ratio is 1.92.

💵 Profitability & Growth

Cameco has a profit margin of 10.2% (solid) and an operating margin of 9.1%. Return on equity (ROE) is 5.1%. Return on assets (ROA) is 3.0%. The latest quarterly earnings grew -92.1% year over year — falling earnings.

🏦 Financial Health

The Piotroski score is 6 out of 9 — good financial health. Altman Z2 is 4.97 (healthy balance sheet — low risk). The debt-to-equity ratio (D/E) is 55.7% — low debt, a solid balance sheet.

🚀 Momentum & Short Interest

Short interest is 2.36%.

Cameco Dividend 2026: 0.3% Dividend Yield

Dividend Key Figures for Cameco in 2026

Dividend yield
0.27%
Dividend per share
0.17 USD
Payout ratio
15.0%
Low
Dividend growth (5 years)
+183.3%
Avg. annual dividend (3 years)
0.12 USD

When does Cameco pay a dividend in 2026?

Latest ex-dividend date (traded without the dividend)
December 1, 2025
Next dividend payment
December 16, 2025
Latest payment date
December 16, 2025

How much does Cameco pay in dividends?

Cameco pays dividends to its shareholders. The most recently paid dividend was 0.17 USD per share, which corresponds to a dividend yield of 0.27%. Over the last 5 years, the annual dividend has grown by 183.3%, which shows positive dividend growth.

The payout ratio is 15.0%, which is low. This suggests the company prioritizes reinvesting in growth over dividend payments. There is good room to raise the dividend in the future.

Historical Dividend Payments for Cameco

We have registered dividend payments for Cameco since 2020-11-27. In that period the stock has paid a dividend 6 times, most recently on 2025-12-01. However, the stock does not qualify as a stable or sporadic dividend stock, because the dividend payments have been inconsistent in recent years.

Ex-datePayment dateAmountCurrencyPeriod
2025-12-012025-12-160.17USDUnknown period
2024-11-27N/A0.11USDUnknown period
2023-11-292023-12-150.09USDUnknown period
2022-11-292022-12-150.09USDUnknown period
2021-11-292021-12-150.06USDUnknown period
2020-11-272020-12-150.06USDUnknown period

Cameco Short Selling 2026: 2.4% Sold Short

Moderate short interest: 2.4% of the free float
Short % of free float
2.4%
Assessment
Moderate short interest
Short squeeze risk
Low
Data source
SEC
Updated daily
The stock has a moderate share of short selling. Between 2-5% of the freely traded shares are sold short, which is within the normal range for most stocks.

Data is updated daily based on official filings with the SEC.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
2.4%

When Does Cameco Report Earnings?

The next earnings date for Cameco is not yet available. Check the company's investor calendar for more information.



Technical Analysis of Cameco 2026 – Signal: Strong Sell

Overall Technical Signal: Strong Sell

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated August 6, 2026.

Technical analysis of Cameco (CCJ.US) – RSI 53, MACD negative (bearish), daily candlestick chart August 2026
Cameco technical analysis – candlestick chart with RSI and MACD. Updated Aug 6, 2026.

Trend Analysis of Cameco Corporation

Cameco Corporation is in a short-term uptrend. The price of $94.27 is 5.3% above the 20-day average ($89.56). Medium term, the picture is negative: the price is 4.6% below the 50-day average ($98.84). Long term, the stock is 9.9% below the 200-day average ($104.57), which signals a long-term downtrend.

Death Cross: The 50-day average (98.84) is below the 200-day average (104.57), which is a classic bearish signal for Cameco Corporation.

Is Cameco Corporation overbought or oversold?

Cameco Corporation has an RSI of 52.8, right in the middle of the neutral zone. There is no clear buying or selling pressure.

MACD Analysis for Cameco Corporation

Daily MACD: MACD is negative (-2.306), which means the short-term trend is bearish (the 12-day EMA is below the 26-day EMA). MACD is above the signal line (-3.544) by 1.238, which suggests the negative momentum is fading – a potential trend reversal could be ahead.

Weekly MACD: MACD5 is negative (-3.314), which indicates a broader bearish long-term trend. MACD5 is below the signal line (0.606) by 3.920, which confirms continued negative long-term momentum.

Overall MACD assessment: Both the daily and weekly trend are bearish (MACD negative). However, momentum shows signs of improving on a daily basis – a potential trend reversal could be ahead, but it is not confirmed yet.

Risk Profile for Cameco Corporation

Cameco Corporation has an annual standard deviation of 56.0%, which classifies the stock as high risk. Sizeable price swings are normal, and the stock requires a higher risk tolerance.

Overall Technical Conclusion for Cameco Corporation

Trend: Negative. The price trades below SMA50 and SMA200.

MACD trend (zero line): Daily bearish (-2.306). Weekly bearish (-3.314).

MACD momentum (signal): Daily rising. Weekly falling.

RSI: 52.8 – neutral.

Technical signal: Strong Sell

The price is in a downtrend (below SMA50/SMA200) and MACD is negative on both a daily and weekly basis. Avoid buying and consider closing existing positions.

Frequently Asked Questions About Cameco stock in 2026

Should you buy Cameco stock now?
No, the technical signal for Cameco is currently SELL. Cameco trades at $95.63 as of 8/6/2026. The overall technical signal is: Strong Sell. The technical analysis shows the following: MACD is negative (bearish trend) at -2.306 with rising momentum (signal: -3.544); RSI is at 52.8 (neutral zone); the stock is in a short-term uptrend (price above the 20-day average); the analyst price target of $129.15 points to 35.1% upside. The stock is in a broader downtrend (below SMA50/SMA200). Buying in a downtrend is generally not recommended. This is a technical observation based on current data, not investment advice.
What is the price target for Cameco stock?
The average analyst price target for Cameco is $129.15. The current price is $95.63, which gives an upside of 35.1%. Based on this, the stock is considered undervalued. The fair value range (±10% of the price target) is between $116.24 and $142.07.
Is Cameco a dividend stock?
Yes, Cameco is a dividend stock with a dividend yield of 0.27%. The latest dividend was $0.17 per share. The latest ex-dividend date (traded without the dividend) was 12/1/2025. The payout ratio is 15.0%, which is considered sustainable. The next dividend payment is scheduled for 12/16/2025.
When does Cameco pay a dividend in 2026?
Cameco pays its next dividend on 12/16/2025. The latest dividend was $0.17 per share with an ex-dividend date of 12/1/2025. The dividend yield is 0.27%. The payout ratio of 15.0% points to a sustainable dividend with room to grow.
What is the risk of Cameco stock?
Cameco is rated as a stock with high risk. the annual standard deviation is 56.0%, which classifies the stock as high risk.
Is Cameco overvalued?
No, Cameco is considered undervalued based on the analyst price target (35.1% upside). Cameco has the following valuation ratios: a P/E ratio of 155.2 (highly valued), a P/S ratio of 11.7, a P/B ratio of 7.5. The analyst price target suggests that the stock is undervalued by 35.1%.
Is Cameco overbought?
No, Cameco is not overbought. RSI is at 52.8 (neutral zone). The technical indicators show: RSI is at 52.8 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 6.8% above the 20-day average (short-term uptrend). In addition, MACD is negative, but momentum is rising (possible trend reversal).
When is the next Cameco earnings report?
The date of the next earnings report for Cameco has not been published yet. Check the company's investor calendar for updates.
Is Cameco shorted?
Yes, Cameco is shorted with 2.4% of the free float sold short. This is a moderate level of short selling, within the normal range for most stocks. Data is updated daily based on official filings with the SEC.
Are insiders buying Cameco stock?
There is currently no registered insider trading for Cameco.
Is Cameco a good stock?
Based on our total score, Cameco is rated as a poor stock with a total score of 29 out of 100. The stock scores below average on value, quality and momentum – it sits at the lower end of the market. The score is made up of Value: 11/100, Quality: 47/100, Momentum: 28/100. In addition: analysts see 35.1% upside to the price target; a dividend of 0.27%; technical signal: Strong Sell. Whether Cameco is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Cameco stock?
The outlook for Cameco based on current data: the average analyst price target is $129.15 (+35.1%); the stock is in a downtrend (below SMA50 and SMA200); the P/E ratio is 155.2 (high – the market expects growth). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Cameco stock rising?
Cameco is rising right now. The technical indicators show: the price is 6.8% above the 20-day average. For the latest context, see our technical analysis, insider section and news overview above.
How high can Cameco go?
The average analyst price target for Cameco is $129.15, which corresponds to a potential gain of 35.1% from the current price of $95.63. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Cameco fall?
We lack enough history to give a specific floor for Cameco. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Cameco do?
Cameco Corporation tjener penge på at levere uran til atomkraftværker globalt. De driver både minedrift, hvor de udvinder urankoncentrat, og de handler også med det. Derudover har Cameco en forretning med brændselsservice. Her raffinerer og omdanner de urankoncentratet til bru... The company belongs to the Energi sector, more specifically the Uran industry, is headquartered in USA, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Cameco as an investment.
Did Cameco raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Cameco. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history and the news overview above.
Is Cameco making money or losing money?
Yes, Cameco is making money, not losing it. The company has a profit margin (the share of revenue left over as profit) of 10.2% — which is solid. The operating margin (profit before interest and taxes) is 9.1%. At a P/E ratio of 155.2, you currently pay 155.2 dollars for every dollar of the company's annual earnings. A consistently profitable company is usually more resilient than growth stocks that are not yet making money.
Can Cameco go bankrupt?
The bankruptcy risk of Cameco is rated as low. Altman Z2 (a model for assessing financial distress) is 4.97 — that places the company in the healthy zone. The company has a healthy balance sheet with limited debt relative to earnings and assets. The Piotroski score (financial health 0-9, higher is better) is 6 — which is average. Debt relative to equity is 56% (moderate). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does Cameco have a lot of debt?
No, Cameco has low debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 56%. For the energi sector, anything below 80% counts as low debt. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector. Can Cameco service its debt? Can service its debt without problems — the interest coverage ratio (how many times earnings can cover interest payments) is 4.5x, and the company has more cash than debt (net cash).