Raymond James Financial Comments on Cameco FY2025 Earnings

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Analysts at Raymond James Financial cut their FY2025 earnings per share estimates for shares of Cameco in a note issued to investors on Wednesday, November 5th. Raymond James Financial analyst B. Macarthur now forecasts that the company will post earnings of $1.34 per share for the year, down from their previous estimate of $1.55. Raymond James Financial has a “Outperform” rating and a $150.00 price objective on the stock. Raymond James Financial also issued estimates for Cameco’s Q3 2026 earnings at $0.60 EPS, Q4 2026 earnings at $0.77 EPS and FY2026 earnings at $2.28 EPS.

Other analysts have also issued reports about the company. Royal Bank Of Canada raised their price target on Cameco from C$110.00 to C$160.00 in a research note on Friday, October 31st. Desjardins increased their price objective on shares of Cameco from C$105.00 to C$110.00 and gave the stock a “buy” rating in a report on Friday, August 1st. BMO Capital Markets raised their target price on shares of Cameco from C$130.00 to C$160.00 in a research report on Tuesday, November 4th. TD Securities boosted their target price on shares of Cameco from C$118.00 to C$142.00 in a report on Tuesday, October 21st. Finally, Stifel Nicolaus upped their price target on shares of Cameco from C$150.00 to C$165.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Two research analysts have rated the stock with a Strong Buy rating and twelve have issued a Buy rating to the company’s stock. According to MarketBeat, Cameco presently has an average rating of “Buy” and an average target price of C$141.24.

Cameco Price Performance

Shares of TSE:CCO opened at C$129.60 on Monday. The company has a market cap of C$56.43 billion, a P/E ratio of 107.11, a P/E/G ratio of 2.22 and a beta of 1.28. The business has a fifty day simple moving average of C$121.77 and a 200-day simple moving average of C$102.78. Cameco has a 52 week low of C$49.75 and a 52 week high of C$153.59. The company has a quick ratio of 3.74, a current ratio of 2.88 and a debt-to-equity ratio of 20.35.

Cameco Company Profile

Cameco is one of the world’s largest uranium producers. When operating at normal production, the flagship McArthur River mine in Saskatchewan accounts for roughly 50% of output in normal market conditions. Amid years of uranium price weakness, the company has reduced production, instead purchasing from the spot market to meet contracted deliveries.