A perfect Piotroski financial health score of 9 out of 9 and three-of-four quarterly earnings beats — including a 38% positive surprise in the most recent quarter — indicate a high-quality business growing well above analyst expectations; the constraint is a forward P/E of 56x that compresses the upside-to-downside ratio to roughly 0.7-to-1, well below a conservative 1.5-to-1 entry bar, making this a quality name to watch rather than an immediate buy.
Thesis pillars
- Earnings Beat Track Record↓Deteriorating
- Exceptional Balance Sheet Quality→Stable
- Rich Valuation Thin Asymmetry↑Improving
- +1 more pillar — see the Why tab for full reasoning
Cameco Corporation (CCJ) Stock Analysis
Range Bound setup
Energy · Uranium
Hold if already holding. Not a fresh buy at $100.78, but acceptable to hold if already in. Reasons: V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5); Consecutive earnings misses (2).
Cameco Corporation provides uranium for the generation of electricity in the Americas, Europe, and Asia. It operates in three segments: Uranium, Fuel Services, and Westinghouse. The Uranium segment engages in the exploration for, mining, milling, purchase, and sale of uranium... Read more
Hold if already holding. Not a fresh buy at $100.78, but acceptable to hold if already in. Reasons: V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5); Consecutive earnings misses (2). Chart setup: RSI 53 mid-range, Bollinger mid-band. Mixed signals. Hold existing position. Score 4.8/10, moderate confidence.
Passes 7/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 56d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: moderate.
Recent developments
updated 2026-09-04Recent Developments — Cameco Corporation
Latest news
- NEWS Is Cameco Set to Benefit From DOE-Backed Nuclear Expansion? - Zacks Investment Research — Zacks Investment Research positive
- NEWS Temasek Holdings Private Ltd Makes New Investment in Cameco Corporation $CCJ - MarketBeat — MarketBeat positive
- NEWS A Look at Cameco Corp (CCJ) After 4.5% Gain -- GF Value $67.01 v - GuruFocus — GuruFocus positive
- NEWS Cameco Corp (CCJ) Institutional Confidence - TradingKey — TradingKey neutral
- NEWS Can Cameco's Contract Portfolio Power Its Next Growth Phase? - TradingView — TradingView positive
Generated 2026-09-04T19:02:08Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $100.78, but acceptable to hold if already in. Reasons: V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5); Consecutive earnings misses (2). Chart setup: RSI 53 mid-range, Bollinger mid-band. Mixed signals. Hold existing position. Target $113.64 (+12.8%), stop $93.73 (−7.5%), A.R:R 1.5:1. Score 4.8/10, moderate confidence.
Take-profit target: $113.64 (+12.8% upside). Target $113.64 (+12.8%), stop $93.73 (−7.5%), A.R:R 1.5:1. Stop-loss: $93.73.
V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5); Consecutive earnings misses (2); Weak overall score: 4.8/10.
Cameco Corporation trades at a P/E of 165.0 (forward 53.2). TrendMatrix value score: 4.0/10. Verdict: Hold.
22 analysts cover CCJ with a consensus score of 4.0/5. Average price target: $131.
What does Cameco Corporation do?Cameco Corporation provides uranium for the generation of electricity in the Americas, Europe, and Asia. It operates in...
Cameco Corporation provides uranium for the generation of electricity in the Americas, Europe, and Asia. It operates in three segments: Uranium, Fuel Services, and Westinghouse. The Uranium segment engages in the exploration for, mining, milling, purchase, and sale of uranium concentrate. Its Fuel Services segment is involved in the refining, conversion, and fabrication of uranium concentrate, as well as purchase and sale of conversion services. The Westinghouse segment operates as a nuclear reactor technology original equipment manufacturer and a provider of products and services to commercial utilities and government agencies. It also provides outage and maintenance, engineering support, instrumentation and controls equipment, and plant modification services, as well as components and parts to nuclear reactors. The company sells its uranium and fuel products and services to nuclear utilities. Cameco Corporation was incorporated in 1987 and is headquartered in Saskatoon, Canada.