Cameco Corp. NYSE: CCJ reported its third-quarter earnings on Nov. 5. The results came in lower on the top and bottom lines, but that's an oversimplification of what's happening with CCJ stock, which is down about 10% in the first trading week of November.
Cameco Corporation (NYSE: CCJ) shares are down nearly 6% today, and over 15% the last week.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Cameco Corporation (TSX:CCO) on Wednesday reported better than expected revenue for its third quarter 2025, even as its earnings for the period fell short. The uranium miner generated revenue for the quarter of $615 million, surpassing the analyst consensus estimate of $568 million.
Cameco is set to post stronger Q3 results backed by higher sales and Fuel Services growth, though an earnings beat may remain elusive.
Shares of Cameco NYSE: CCJ ignited at the end of October, stunning the market with a single-day surge of over 23% to an all-time high of $110.16. This move capped an already stellar year in which the stock has climbed over 100%.
The latest trading day saw Cameco (CCJ) settling at $104.72, representing a -1.83% change from its previous close.
Cameco is positioned as a central player in the global energy transition, benefiting from structural uranium demand and geopolitical shifts. Its integrated model, long-term contracts, and Westinghouse partnership provide stability, strong margins, and exposure to the full nuclear value chain. Despite premium valuation metrics, Cameco's robust growth, profitability, and defensive positioning justify a Strong Buy rating for long-term investors.
Cameco Inc. is positioned as the premier integrated uranium supplier, bridging AI-driven energy demand with secure, tier-one assets and downstream services. CCJ's market-linked contracts, stable Fuel Services, and 49% stake in Westinghouse ensure resilient cash flows and reduced earnings volatility. Despite 2025 production cuts at McArthur/Key Lake, CCJ maintains delivery reliability through inventories, spot purchases, and contract flexibility, supporting its premium valuation.
CCJ stock surges 115.9% in six months on strong H1 results and a Slovakia supply deal.
In the most recent trading session, Cameco (CCJ) closed at $85.31, indicating a +1.35% shift from the previous trading day.
Nuclear stocks reflect meaningful exposure to the AI trade thanks to the vast amount of power used in data centers.