The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 14 | 82.1x | 20.8x | Bottom tier | |
Growth | 75 | 7.4% | 6.1% | Top tier | |
Quality | 56 | 7.3% | 6.6% | Around median | |
Safety | 85 | — | 0.7x | Top tier | |
Capital Return | 75 | — | 2.02% | Top tier | |
Momentum | 45 | 41.3% | 4.1% | Around median | |
Sentiment | 83 | 13 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Cameco Corporation is a pivotal Canadian company in the nuclear fuel chain, operating from an asset base that includes tier-one uranium mines such as Cigar Lake and McArthur River/Key Lake, in addition to refining, conversion, and nuclear fuel fabrication operations within Fuel Services. The company generates revenue mainly from selling uranium under long-term contracts, from fuel products and services such as conversion and UF6 production at Port Hope, and from its stake in Westinghouse, which adds exposure to the reactor life cycle, AP1000 technology, and reactor fuel and services.
In 2025, management said annual revenue was about $3.5 billion, up 11% from 2024, and adjusted EBITDA was about $1.9 billion, up 26%, while adjusted net earnings rose to just under $630 million, up 115%. Operationally, the uranium segment produced 21 million pounds on a consolidated basis in 2025, and the company received from JV Inkai 3.7 million pounds representing its share of 2025 production in addition to 900 thousand pounds that remained in Kazakhstan from its 2024 share, while Fuel Services recorded a strong year that included record UF6 production at Port Hope.
The latest available quarterly financial figures are for 2026 Q1, in which Cameco recorded revenue of $845.4 million, gross profit of $301.6 million, net income of $131.1 million, and earnings per share of $0.31. These figures reflect a gross profit margin of about 35.7% and a net income margin of about 15.5%, compared with TTM revenue of $3.5 billion, TTM net income of $650.7 million, and TTM earnings per share of $1.4997.
The analyst consensus on CCJ is Buy, with an average price target of $137.25, a high target of $175, and a low target of $108. This text does not include a real-time share price, so the gap between the price and the target should be read from updated data outside the analysis; from the perspective of the fixed inputs here, the stock trades within a 52-week range between $68.96 and $135.24 and is supported by analyst targets above a large part of that range. The P/E ratio is shown in the data as not available, so Cameco’s valuation remains largely linked to the execution of Westinghouse growth, uranium deliveries, and the company’s ability to convert the strength of the nuclear fuel market into sustainable earnings.
Figures in the text are as of 2026-06-26; the live price is shown at the top of the page.
Cameco sells uranium and provides services within the nuclear fuel chain, including refining, conversion, and fuel fabrication through Fuel Services. The company owns key assets such as Cigar Lake and McArthur River/Key Lake, and also holds Tier 2 assets in care and maintenance to provide future flexibility. Through Westinghouse, Cameco has exposure to AP1000 technology, reactor services, and reactor fuel, which links its earnings not only to the uranium price but also to reactor construction activity and life extensions.
In 2026 Q1, Cameco recorded revenue of $845.4 million and gross profit of $301.6 million. Net income was $131.1 million, and earnings per share were $0.31. These results imply a gross profit margin of about 35.7% and a net income margin of about 15.5%, while TTM revenue was about $3.5 billion and TTM net income was about $650.7 million.
Cameco says Westinghouse gives it direct visibility into future demand for nuclear fuel and expertise in the reactor life cycle, in addition to Generation III+ AP1000 technology. In 2025, management said Westinghouse exceeded the acquisition-case expectations and delivered strong underlying performance, with cash distributions that included an impact related to a Korean nuclear project in Czech Republic. In 2026, Cameco guided to its share of Westinghouse adjusted EBITDA of between US$370 million and US$430 million, while noting that new-build projects may make results intermittent over time.
Automated analysis for informational purposes only — not investment advice.
In the fourth quarter of 2025, Cameco, Brookfield, Westinghouse, and the U.S. government announced a strategic partnership to accelerate deployment of Westinghouse reactor technology. Management said the initiative is supported by at least US$80 billion of planned investment from the U.S. government, and targets a program that includes 8 to 10 reactors in the United States. Management also explained on the February 13, 2026 call that discussions are continuing to reach a final agreement, and that long-lead material orders could begin in 2026 if plans move into execution.
Cameco ended 2025 with about 230 million pounds committed under long-term contracts, and began 2026 with commitments to deliver an average of about 28 million pounds annually over five years. The company expects in 2026 to deliver 29 to 32 million pounds of uranium, with production of 19.5 to 21.5 million pounds and the use of other supply tools such as inventory, loans, and purchases when needed. JV Inkai also plans to reach its full capacity of 10.4 million pounds in 2026, of which Cameco’s share is 4.2 million pounds as a committed purchase.
The most specific operational risk in the inputs is McArthur River, where the company announced in September 2025 development delays that affected production plans. Management explained that some delays were linked to clay zones that slowed the installation of freeze capacity and the building of frozen ore inventory, but said the risks had not suddenly increased and that the current approach is to reorganize the pace of development. Even so, Cameco emphasized that McArthur River has previously produced 18 million and 20 million pounds and is licensed to reach 25 million pounds, but the expansion decision is tied to demand and price signals from buyers.