Cameco Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Cameco stock have an average target of 114.38, with a low estimate of 75.27 and a high estimate of 150. The average target predicts an increase of 25.32% from the current stock price of 91.27.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$75.27	$114.38	$110	$150
Change	-17.53%	+25.32%	+20.52%	+64.35%

Analyst Ratings

The average analyst rating for Cameco stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	3	3	2	2	2	2
Buy	2	2	2	2	3	3
Hold	0	0	0	0	0	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	4	4	5	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew D. Wong RBC Capital	RBC Capital	Buy Maintains $160 → $150	Buy	Maintains	$160 → $150	+64.35%	Nov 13, 2025
George Eadie UBS	UBS	Hold Initiates $140	Hold	Initiates	$140	+53.39%	Nov 10, 2025
Andrew D. Wong RBC Capital	RBC Capital	Buy Maintains $110 → $160	Buy	Maintains	$110 → $160	+75.30%	Oct 31, 2025
Brian Lee Goldman Sachs	Goldman Sachs	Strong Buy Maintains $95 → $109	Strong Buy	Maintains	$95 → $109	+19.43%	Oct 29, 2025
Max Hopkins CLSA	CLSA	Buy Initiates $102	Buy	Initiates	$102	+11.76%	Sep 9, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

3.45B

from 3.14B

10.12%

from 3.14B

Revenue Next Year

3.69B

from 3.45B

6.89%

from 3.45B

EPS This Year

1.46

from 0.39

275.44%

from 0.39

EPS Next Year

2.11

from 1.46

44.02%

from 1.46

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.80B	1.47B	1.87B	2.59B	3.14B	3.45B	3.69B
Revenue Growth	-3.37%	-18.06%	26.65%	38.53%	21.18%	10.12%	6.89%
EPS	-0.13	-0.26	0.22	0.83	0.39	1.46	2.11
EPS Growth	-	-	-	277.27%	-53.01%	275.44%	44.02%
Forward PE	-	-	-	-	-	86.20	59.85
No. Analysts	-	-	-	-	-	20	20

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	3.8B	4.3B
Avg	3.5B	3.7B
Low	3.1B	3.2B

Revenue Growth

Revenue Growth	2025	2026
High	20.8%	24.0%
Avg	10.1%	6.9%
Low	-1.8%	-7.2%

EPS Forecast

EPS	2025	2026
High	1.93	3.56
Avg	1.46	2.11
Low	1.05	1.36

EPS Growth

EPS Growth	2025	2026
High	395.4%	143.1%
Avg	275.4%	44.0%
Low	168.9%	-7.0%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.