Cameco (NYSE:CCJ) Trading Down 2.8% – Here’s Why

Cameco Corporation (NYSE:CCJ) (TSE:CCO) fell 2.8% during mid-day trading on Friday . The stock traded as low as $109.80 and last traded at $113.1030. 5,944,030 shares were traded during trading, an increase of 21% from the average session volume of 4,909,070 shares. The stock had previously closed at $116.39.

Cameco News Roundup

Here are the key news stories impacting Cameco this week:

• Positive Sentiment: Q4 revenue and EPS beat expectations — Cameco reported roughly C$1.2B in Q4 revenue (above consensus) and EPS that topped estimates, highlighting solid execution across uranium, fuel services and Westinghouse segments. Cameco Q4 2025 Earnings Call Highlights
• Positive Sentiment: Quarterly metrics improved vs. prior year — revenue was up year-over-year and net margin/ROE showed profitability gains, supporting the narrative of disciplined supply strategy and operational leverage. Cameco fourth quarter results top analyst estimates
• Positive Sentiment: Heavy call-option buying indicates bullish speculative positioning — unusually large volume (~384,705 calls) was traded, suggesting some investors are positioning for upside after the print. Options Flow Report
• Neutral Sentiment: Full release, slide deck and call available — management provided a slide deck and conference-call materials that detail segment performance and medium-term strategy; useful for investors wanting to dig into guidance assumptions. Press Release / Slide Deck
• Negative Sentiment: FY2026 revenue guidance came in slightly below consensus — the company issued FY2026 revenue guidance around $2.2B–$2.4B (with wording that markets interpreted as cautious), which likely weighed on near-term sentiment despite the quarter beat. Cameco Announces 2025 Results (Business Wire)
• Negative Sentiment: Stock is trading lower with above-average volume — intraday weakness reflects investor caution around guidance and near-term prospects despite strong Q4 execution. Market Data

Wall Street Analyst Weigh In

CCJ has been the topic of a number of research reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Cameco in a research note on Monday, December 29th. Scotiabank reaffirmed an “outperform” rating on shares of Cameco in a research report on Wednesday, October 29th. Wall Street Zen downgraded shares of Cameco from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Royal Bank Of Canada dropped their price objective on shares of Cameco from $160.00 to $150.00 and set an “outperform” rating for the company in a research report on Thursday, November 13th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $131.00 price target on shares of Cameco in a research report on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $131.39.

Cameco Stock Performance

The company has a market capitalization of $49.25 billion, a P/E ratio of 131.52 and a beta of 0.99. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.99 and a quick ratio of 1.85. The company has a fifty day moving average price of $105.99 and a two-hundred day moving average price of $91.62.

Cameco (NYSE:CCJ) (TSE:CCO) last issued its earnings results on Friday, February 13th. The basic materials company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.08. The business had revenue of $874.57 million for the quarter, compared to analyst estimates of $782.13 million. Cameco had a net margin of 15.24% and a return on equity of 8.58%. Cameco’s revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.36 earnings per share. Equities analysts forecast that Cameco Corporation will post 1.27 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of CCJ. Abbington Investment Group purchased a new position in shares of Cameco in the third quarter worth about $6,506,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in Cameco by 79.4% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 249,992 shares of the basic materials company’s stock valued at $20,964,000 after buying an additional 110,629 shares in the last quarter. Nwam LLC raised its holdings in Cameco by 11.7% in the 2nd quarter. Nwam LLC now owns 81,129 shares of the basic materials company’s stock worth $6,304,000 after purchasing an additional 8,519 shares during the period. Hillsdale Investment Management Inc. grew its stake in Cameco by 165.1% in the 2nd quarter. Hillsdale Investment Management Inc. now owns 169,448 shares of the basic materials company’s stock valued at $12,593,000 after acquiring an additional 105,523 shares during the period. Finally, Thames Capital Management LLC grew its position in shares of Cameco by 66.8% in the third quarter. Thames Capital Management LLC now owns 107,062 shares of the basic materials company’s stock valued at $8,978,000 after purchasing an additional 42,879 shares during the period. Hedge funds and other institutional investors own 70.21% of the company’s stock.

About Cameco

Cameco Corporation (NYSE: CCJ) is a leading producer of uranium and a supplier to the global nuclear power industry. Headquartered in Saskatoon, Saskatchewan, Canada, the company is engaged in the exploration, mining, milling and sale of uranium concentrate, commonly known as yellowcake, which is used as fuel for nuclear reactors. Cameco also participates in services and activities that support the front end of the nuclear fuel cycle, including processing and marketing of uranium to utilities under long‑term and spot contracts.

The company’s operations have historically centered in Canada and the United States, where it operates and develops uranium mining and processing properties.