DailyIQ
Last updatedUpdating…

CCJ·Cameco Corporation

$83.27
+1.80 (+2.21%)
After Hours
High
$84.85
Open
$79.70
Market Cap
35.74B
52W High
$137.18
Low
$78.55
P. Close
$83.27
P/E
143.12
52W Low
$77.70
Fwd P/E
44.55
DailyIQ Est.
$136.04
Inst. Ownership
21.3%
Short Interest
1.91%
Days to Cover
2.5
Div. Yield
0.20%
Next Ex-Div
~Dec 1
Technical Score (1D)
39
BEARISH
News Sentiment
53
MIXED
Cameco Corporation (CCJ) is still stuck in a low-conviction zone on the 1D chart, printing 39 with weakening momentum and a SELL read that does not offer much edge. Sentiment at 53 is diverging from the sideways action, which keeps breakout traders waiting for proof. Until price resolves beyond $78.03 or $84.53, this remains a trade location more than a trend. The longer CCJ sits between $78.03 and $84.53 without resolving, the more energy tends to build for whichever direction eventually wins out. That's not a reason to anticipate the break - it's a reason to have orders ready on both sides so the reaction, whenever it comes, doesn't get missed entirely.
LOW TARGET
$83 +0.2%
2 analysts
MEAN TARGET
$127 +53.1%
11 analysts
HIGH TARGET
$170 +103.7%
11 analysts
PRICE RANGE
$83.36 - $169.57
SB / B / H / S / SS
5/13/4/1/1
DAILYIQ EST.
$136.04 (+63.5%)

EPS

EstBeatMiss
$0.03$0.12$0.21$0.29$0.38Q3'25Q3'26
QtrEstActual+/−
Q3'26$0.34 - -
Q3'25$0.27$0.07-74.5%

Revenue

EstBeatMiss
$599M$633M$668M$702M$736MQ3'25Q3'26
QtrEstActual+/−
Q3'26$721M - -
Q3'25 - $615M -

Market Data

CCJ Stock Snapshot

NEUTRAL39/100
$83.80+$0.53 (0.6%)
Market cap
35.74B
P/E ratio
143.1
Day range
$78.55 – $84.85
News sentiment
53/100 · Neutral
Analyst target
$127.39 (+52.0%)
Consensus
Buy · 24 analysts
52-week range+7.9% off low · -38.9% from high
$77.70$137.18
Price $83.80 DailyIQ Est. $136.04

The technical read on CCJ is balanced, which usually means the market is waiting on a catalyst. Earnings and guidance carry more weight than macro data at this capitalisation.

Behaviour On Record

What CCJ's own history says about today's numbers

Realized volatility (21d)
41.1% 52nd pct
Below its peak
-38.2%
vs 200-day average
-21.3%
Up days (1y)
48%

Cameco Corporation is currently running 41.1% annualised volatility over the last 21 sessions. Measured against CCJ's own 13 years of daily returns rather than a market-wide average, that is the 52nd percentile — close to its own typical level, against a typical reading of 40.7%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

CCJ is trading -38.2% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -36.0%, and the deepest was -44.5% in 2016. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began — and where past declines also continued.

Price sits -21.3% from its 200-day moving average. Against every other day in its history, that gap ranks at the 3rd percentile — a narrower gap than it typically runs. Over the past year CCJ closed higher on 48% of sessions, and it is currently 1 session into a rising streak.

On October specifically: over 14 years of records, CCJ finished the month higher 6 of 14 times, with a median return of -1.9% and an average of +0.4%. Its strongest month historically has been November at +4.3% on average, its weakest June at -1.7%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: CCJ has opened more than 2% away from the prior close in 233 of 3,268 sessions (7.1% of the time), with the largest gaps running +8.3% and -7.7%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

All figures computed from 3,269 daily closes between 2013-10-16 and 2026-10-15, split-adjusted, recomputed daily. Percentiles are against CCJ's own 13-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of CCJ's sector?

Cameco Corporation sits in the Materials sector, currently ranked 8th of 12 GICS sectors by relative-strength rotation score (improving).

Sector rank
#8 of 12
Sector state
Improving
Sector rotation score
55

Options Market

What is the options market pricing for CCJ?

CallsPuts

For Cameco Corporation's nearest expiry (2026-10-16, 1 days out), open interest is put-heavy, a defensive/bearish tilt (put/call ratio of 2.72), with at-the-money implied volatility around 63.3%. The options market is pricing roughly a ±3.4% move by that expiry — a range of about $87.97–$94.11.

Put/call ratio (2026-10-16)
2.72
ATM implied volatility
63.3%
Total open interest
89,184
Expected move by 2026-10-16
±3.4% ($87.97–$94.11)

Analyst Rating Changes

Are analysts turning bullish or bearish on CCJ?

Truist Securities most recently reiterated its rating on Cameco Corporation to Buy on Aug 12, 2026 with a price target of $130 (from $129). Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.

Latest action
Truist Securities — Buy
90-day upgrades
0
90-day downgrades
0
Net rating momentum
0
DateFirmActionRatingPrice target
Aug 12, 2026Truist SecuritiesMaintainedBuy$129 → $130
Aug 4, 2026BarclaysMaintainedEqual-Weight$104 → $97
Jul 16, 2026BarclaysMaintainedEqual-Weight$108 → $104
Jul 14, 2026Truist SecuritiesInitiatedBuy$129
Jul 9, 2026B of A SecuritiesMaintainedBuy$143 → $140
Jun 29, 2026RBC CapitalMaintainedOutperform$160 → $175
May 22, 2026BarclaysInitiatedEqual-Weight$108
Apr 20, 2026William BlairInitiatedOutperform-
Feb 18, 2026GLJ ResearchReiteratedBuy$100 → $171
Feb 17, 2026RBC CapitalMaintainedOutperform$150 → $160
Nov 13, 2025RBC CapitalMaintainedOutperform$160 → $150
Nov 10, 2025UBSInitiatedNeutral$140

ETF holders

ETFs holding CCJ

News Sentiment Analysis

Sentiment gathered from recent headlines

53/100
Strong NegativeNeutralStrong Positive
MIXED

Recent News Coverage

Most recent articles, ranked by recency (click to expand).

10+ articles
What did this article say?
Cameco Corporation’s shares were highlighted as trading significantly above fair value, reflecting strong nuclear industry tailwinds and potential upside from Westinghouse. The analysis noted that the company’s business fundamentals remain robust, while market pricing had not yet fully incorporated these positive drivers. The commentary suggested that investors could view the current premium as a buying opportunity given the underlying growth prospects.
What did this article say?
Cameco (CCJ) closed 4.25% lower on Oct 7, trailing the broader market, while analysts noted a projected earnings per share of $0.23 for the quarter and a full‑year EPS estimate of $1.07, indicating a modest upside potential despite the recent decline.
What did this article say?
On October 6, Zacks Investment Research added Cameco Corporation (CCJ) to its Strong Sell list after revising the company’s current‑year earnings estimate downward by 12.2%. The downgrade follows a broader trend of negative outlooks for the uranium and nuclear energy sector. The move signals a significant decline in investor confidence and may impact CCJ’s valuation and trading activity.
What did this article say?
Cameco (CCJ) reported a 27% decline in uranium segment gross profit to C$158 million in Q2 2026, even though the average realized price rose 18% to $67.79 per pound. The company’s long‑term uranium price reached $96.50, the highest since 1996, yet cost pressures and a lagging contract book limited earnings upside. Shares closed at $85.18 on October 2, reflecting uncertainty about how quickly the higher prices will translate into profitability. The earnings miss signals a short‑term headwind for the stock, though the underlying demand narrative remains intact.
What did this article say?
Energy Fuels (UUUU) trades at a forward price‑to‑sales ratio of 13.95×, well above the industry average of 4.95× and higher than peers Cameco (CCJ) and Centrus Energy. The company’s valuation premium is compounded by ongoing losses and execution risks, and its shares have underperformed the broader market and the mining sector, falling 39.8% in the past six months. While the firm is expanding its uranium and rare‑earth asset base, the expensive valuation and weak performance suggest caution for investors. The article highlights that UUUU’s premium relative to CCJ and Centrus may limit upside potential.
What did this article say?
Analysts issued a sell recommendation for Cameco, citing overvaluation at a target price of $73.25, roughly 14% below current levels. The rating was based on the company’s high valuation multiples relative to its uranium production and conversion assets. The commentary highlighted that the market price was approaching $100 per share, which the analysts deemed unsustainable. The recommendation suggests a potential downside risk for investors holding CCJ shares. The analysis did not indicate any immediate catalysts beyond the valuation assessment.
What did this article say?
Cameco (CCJ) closed at $85.69 on October 1, falling below $90 after a year‑high of $135.24. The decline reflects a pullback in the stock rather than a fundamental shift, as the company’s nuclear fuel service businesses and 49% stake in Westinghouse continue to provide exposure to uranium mining and reactor servicing. Analysts note that tight uranium supplies and a projected gap of 3.1 billion pounds of uncovered demand through 2045 could create opportunities for established producers like Cameco. The article suggests the current price level may offer a cheaper entry point for investors bullish on nuclear growth, despite the recent price retreat.
What did this article say?
Cameco’s share price fell from $134 to $85, but analysts view the decline as a buying opportunity amid a nuclear renaissance. Rising global electricity demand and the limits of clean‑energy alternatives are driving renewed interest in nuclear power, positioning Cameco to benefit. The company’s valuation is considered a long‑term play rather than a short‑term trade, with investors anticipating sustained demand for uranium.
What did this article say?
The article highlights Cameco’s (CCJ) strong historical performance and projects continued growth over the next five years driven by rising uranium demand. Analysts forecast mid‑ to high‑double‑digit compound annual growth in revenue and earnings per share as long‑term contracts convert higher market prices into cash flow. The company’s stock, despite a modest decline this year, is expected to benefit from a global rollout of nuclear energy initiatives, positioning CCJ for a potential surge.
What did this article say?
Despite uranium prices reaching a 19‑year high, Cameco shares declined 6.9% on October 2, reflecting broader sector weakness. The record price benefits long‑term contracts but has not translated into immediate upside for producers. Market sentiment remains negative as investors weigh supply disruptions and regulatory uncertainties.

Technical Analysis

Real-time indicators across multiple timeframes

39
NEUTRAL
Momentum rank against about 1,000 stocks and ETFs for this timeframe.
Unlock full technicals
Create a free account to access more indicators and deeper timeframe data.
Institutional & Hedge Fund Ownership
25 tracked managers · $8.66B combined position · 12 adding, 13 trimming, 0 unchanged (latest 13F filings)
ManagerTrendShares Held% of Co.Position ValueFiled
Vanguard Group Inc▲ Buy18,059,3354.36%$1.65B2026-01-29
Capital World Investors▲ Buy13,365,1063.23%$1.36B2026-08-12
FMR LLC (Fidelity)▼ Sell7,976,6861.93%$812.82M2026-08-13
Bank of America Corp▼ Sell7,220,6731.74%$735.50M2026-08-14
Morgan Stanley▲ Buy5,211,5681.26%$530.85M2026-08-13
Norges Bank▲ Buy5,107,9791.23%$520.15M2026-08-12
Geode Capital Management, LLC▲ Buy4,837,0751.17%$501.48M2026-08-12
JPMorgan Chase & Co▲ Buy4,198,6231.01%$434.43M2026-08-12
BlackRock, Inc.▼ Sell3,741,3260.90%$381.09M2026-08-07
Goldman Sachs Group Inc▼ Sell3,148,0460.76%$320.66M2026-08-14
Wellington Management Group LLP▼ Sell2,090,1580.50%$212.91M2026-08-14
William Blair Investment Management, LLC▲ Buy1,858,7350.45%$189.33M2026-08-12
D. E. Shaw & Co., Inc.▲ Buy1,854,2630.45%$188.84M2026-08-14
AllianceBernstein L.P.▼ Sell1,161,4090.28%$126.14M2026-08-14
Temasek Holdings (Private) Ltd▲ Buy899,4420.22%$91.62M2026-08-07
Invesco Ltd.▼ Sell895,7470.22%$91.24M2026-08-14
Man Group plc▼ Sell806,1670.19%$82.12M2026-08-14
Susquehanna International Group, LLP▲ Buy781,3270.19%$79.59M2026-08-14
Citigroup Inc▼ Sell651,1350.16%$66.35M2026-08-03
Renaissance Technologies LLC▼ Sell650,2000.16%$66.23M2026-08-13
Northern Trust Corp▼ Sell435,5670.11%$44.37M2026-08-13
Millennium Management LLC▲ Buy422,5840.10%$43.04M2026-08-14
Neuberger Berman Group LLC▲ Buy409,8730.10%$41.75M2026-08-13
Capital Research Global Investors▼ Sell398,2430.10%$40.59M2026-08-12
Citadel Advisors LLC▼ Sell389,8510.09%$39.71M2026-09-02
Q2 2026 flow:3.68M sh bought ($375.53M)4.18M sh sold ($427.09M)net -500.9K sh (−$51.56M)
Congressional Trading Activity
3 disclosed trades · ~$24.0K est. traded value · 1 buys, 2 sells
MemberChamberStateTypeAmountTradedFiled
Gilbert CisnerosHouseCA31▼ Sell$1K - $15K2025-12-242026-01-12
Tommy TubervilleSenateAL▲ Buy$1K - $15K2024-05-072026-08-05
Tommy TubervilleSenateAL▼ Sell$1K - $15K2024-04-032024-05-15