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Cameco
(TSX:CCO)
Cameco (CCO) vs. iShares MSCI Canada ETF (EWC)
Cameco Business Overview & Revenue Model
Cameco Earnings Call Summary
Cameco Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.57B | 3.14B | 2.59B | 1.87B | 1.47B | 1.80B |
| Gross Profit | 1.27B | 1.06B | 781.99M | 410.67M | 232.71M | 370.09M |
| EBITDA | 956.15M | 789.34M | 502.89M | 196.32M | 96.50M | 184.21M |
| Net Income | 533.55M | 171.85M | 360.85M | 89.38M | -102.58M | -53.17M |
Balance Sheet | ||||||
| Total Assets | 9.58B | 9.91B | 9.93B | 8.63B | 7.52B | 7.58B |
| Cash, Cash Equivalents and Short-Term Investments | 716.29M | 600.46M | 566.81M | 2.28B | 1.33B | 943.37M |
| Total Debt | 1.01B | 1.30B | 1.79B | 1.08B | 1.02B | 1.01B |
| Total Liabilities | 2.84B | 3.54B | 3.84B | 2.80B | 2.67B | 2.62B |
| Stockholders Equity | 6.74B | 6.36B | 6.09B | 5.84B | 4.85B | 4.96B |
Cash Flow | ||||||
| Free Cash Flow | 836.14M | 604.84M | 493.71M | 122.30M | 320.53M | -86.12M |
| Operating Cash Flow | 1.09B | 816.47M | 647.34M | 265.75M | 419.31M | -8.66M |
| Investing Cash Flow | -257.92M | -206.44M | -2.04B | -1.29B | -80.30M | -101.03M |
| Financing Cash Flow | -491.72M | -599.60M | 789.61M | 908.11M | -7.79M | -32.44M |
Cameco Technical Analysis
Cameco Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $56.35B | 107.12 | 7.97% | 0.12% | 23.88% | 350.69% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
54 Neutral | $737.68M | -358.44 | -0.66% | ― | 14.29% | -116.45% | |
53 Neutral | $7.58B | -35.87 | -30.71% | ― | ― | -308.46% | |
51 Neutral | C$3.24B | ― | -14.63% | ― | ― | ― | |
48 Neutral | C$194.11M | -19.15 | -4.56% | ― | ― | 72.48% | |
41 Neutral | C$707.26M | -7.89 | -22.78% | ― | 29.59% | -86.53% |
Cameco Corporate Events
Cameco reported strong third-quarter financial results, highlighting its robust performance across various segments despite a small net loss. The company is well-positioned to meet its delivery commitments through flexible supply sourcing strategies, despite production delays at key sites. A significant development is Cameco’s transformative partnership with Brookfield Asset Management and the US Government to accelerate the deployment of Westinghouse reactors in the US, with an investment value of at least $80 billion. This partnership is expected to enhance energy security and create significant growth opportunities, reinforcing Cameco’s role in the nuclear energy expansion and the clean energy transition.
The most recent analyst rating on (TSE:CCO) stock is a Buy with a C$160.00 price target. To see the full list of analyst forecasts on Cameco stock, see the TSE:CCO Stock Forecast page.
On October 28, 2025, Cameco Corporation, in partnership with Brookfield Asset Management, announced a strategic agreement with the US Government to accelerate the deployment of Westinghouse’s nuclear reactor technologies. This partnership, which involves a substantial investment of at least $80 billion, aims to enhance Westinghouse’s market position by facilitating the construction of new nuclear reactors in the United States. The agreement is expected to significantly boost Westinghouse’s energy systems segment and leverage existing nuclear industry supply chains, with potential implications for stakeholders including a profit-sharing mechanism with the US Government.
The most recent analyst rating on (TSE:CCO) stock is a Buy with a C$160.00 price target. To see the full list of analyst forecasts on Cameco stock, see the TSE:CCO Stock Forecast page.
Cameco Corporation, in partnership with Brookfield Asset Management, has entered into a strategic agreement with the United States Government to accelerate the deployment of Westinghouse nuclear reactors. This collaboration aims to enhance the nuclear power industrial base in the US and globally, with an investment value of at least US$80 billion. The partnership is expected to boost demand for Cameco’s products and services, reinforcing its position in the nuclear energy market. The initiative will also support the growth of Westinghouse’s energy systems segment and leverage existing nuclear industry supply chains, potentially benefiting stakeholders through enhanced energy security and climate initiatives.
The most recent analyst rating on (TSE:CCO) stock is a Buy with a C$129.00 price target. To see the full list of analyst forecasts on Cameco stock, see the TSE:CCO Stock Forecast page.
Cameco, in partnership with Westinghouse and Brookfield Asset Management, has announced a strategic collaboration with the U.S. Government to accelerate nuclear power deployment in the United States. This initiative, backed by at least $80 billion in investment, aims to construct new nuclear reactors using Westinghouse technology, enhancing America’s energy infrastructure and supporting the growth of artificial intelligence. The partnership is expected to create significant job opportunities, bolster national security, and establish the U.S. as a leader in nuclear energy and AI development. The collaboration promises long-term value for stakeholders and reinforces the global presence of Westinghouse and Cameco’s nuclear products and services.
The most recent analyst rating on (TSE:CCO) stock is a Buy with a C$129.00 price target. To see the full list of analyst forecasts on Cameco stock, see the TSE:CCO Stock Forecast page.
Cameco Corporation announced on September 12, 2025, a new long-term agreement to supply natural uranium hexafluoride (UF6) to Slovenské elektrárne for its nuclear power plants in Slovakia, effective through 2036. This agreement marks a strategic addition to Cameco’s global commercial portfolio, enhancing energy security in Slovakia by providing a stable and reliable supply of uranium fuel. The deal is significant for Slovenské elektrárne as it diversifies its suppliers and reduces dependency on a single source, ensuring the smooth operation of its nuclear facilities.
The most recent analyst rating on (TSE:CCO) stock is a Buy with a C$102.00 price target. To see the full list of analyst forecasts on Cameco stock, see the TSE:CCO Stock Forecast page.
Cameco has entered into a long-term agreement to supply natural uranium hexafluoride (UF6) to Slovenské elektrárne for its nuclear power plants in Slovakia, expected to last until 2036. This agreement marks a strategic move for Cameco, expanding its market reach and enhancing energy security in Slovakia by providing a stable and reliable supply of uranium fuel, which is crucial for the country’s nuclear power operations.
The most recent analyst rating on (TSE:CCO) stock is a Buy with a C$102.00 price target. To see the full list of analyst forecasts on Cameco stock, see the TSE:CCO Stock Forecast page.
Cameco announced a revision to its 2025 production plans due to development delays at the McArthur River mine, which are expected to impact its production forecast. However, strong performance at the Cigar Lake mine may partially offset this shortfall. The company remains strategically positioned to manage these disruptions and meet delivery commitments, with options to source uranium through various means, including inventory and spot market purchases. This flexibility, combined with favorable market prices, positions Cameco to potentially benefit from increased uranium value in the future.
The most recent analyst rating on (TSE:CCO) stock is a Buy with a C$115.00 price target. To see the full list of analyst forecasts on Cameco stock, see the TSE:CCO Stock Forecast page.