Cameco Corp. (CCJ) Stock Forecast & Predictions

Cameco Corp. CCJ: $21.82

2121 11th St W, Saskatoon, Saskatchewan, Canada. | Sector: Mining, Quarrying, and Oil and Gas Extraction | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.cameco.com

  • Market Cap$8.59B
  • Change (52 Weeks)67.46%
  • Low (52 Weeks)$12.13
  • Cameco Corp. (CCJ) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Cameco Corp. (CCJ) is based on 17 Institutional Analyst Ratings where 41.18% are on Strong Buy, 23.53% on Moderate Buy, 35.29% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 17 Institutional Analysts, majority recommended CCJ stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Cameco Corp..

    Cameco Corp. (CCJ) Stock Price Prediction By Analysts


    HighLowAverage
    $33.59$23.42$28.51
    $28.5130.65% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for CCJ set by the institutional analysts is $28.51 where High Estimate is $33.59, Median $28.142556189198256 and Low $23.42.

    The average price target for CCJ by Institutional Analysts is $28.51, which is 30.65% Upside from the current price. So according to the Institutional Analysts, CCJ Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Cameco Corp. (CCJ) Stock Forecast Based on Investor Sentiment


    Moderately Negative

    Based on 548,915 investor portfolio.

    Our algorithm has analysed 548,915 investor portfolio with CCJ stock holdings and found that 31.50% of them are bullish. Which means the Investor Sentiment is mostly Moderately Negative.

    This shows most investors think CCJ stock is moderately overvalued currently and some of them have already closed their CCJ position and don't intend to buy anymore at this stage.

    Cameco Corp. (CCJ) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    BMONesbittOutperformUpgraded
    Bank of AmericaBuyUpgraded
    CfraBuyUpgraded
    BMONesbittMarket PerformUpgraded
    BMO Capital MarketsMarket PerformUpgraded
    TD SecuritiesBuyDowngraded
    SbankOutperformUpgraded
    RBC CapitalSector PerformUpgraded
    Raymond James FinancialOutperformInitiated
    TD SecuritiesUpgraded
    SbankStrong BuyMaintained
    SbankUpgraded
    TD SecuritiesBUYDowngraded
    Canaccord GenuityBuyUpgraded
    Raymond James FinancialOutperformUpgraded
    TD SecuritiesHoldUpgraded
    Eight CapitalBuyMaintained
    Eight CapitalUpgraded
    Raymond James FinancialOutperformUpgraded
    RBC CapitalSector PerformUpgraded
    Raymond James FinancialOutperformUpgraded
    RBC CapitalUnderperformMaintained
    SbankStrong BuyUpgraded
    RBC CapitalUnderperformInitiated
    Canaccord GenuityBuyInitiated
    TD SecuritiesHoldUpgraded
    RBC CapitalUnderperformUpgraded
    Raymond James FinancialOutperformUpgraded
    CfraUpgraded
    BMO Capital MarketsMarket PerformDowngraded
    Raymond James FinancialOutperformInitiated
    TD SecuritiesHoldInitiated
    SbankStrong BuyUpgraded
    Eight CapitalStrong-BuyUpgraded
    Raymond James FinancialOutperformUpgraded
    Raymond James FinancialOutperformMaintained
    TD SecuritiesHoldUpgraded
    SbankUpgraded
    RBC CapitalUnderperformMaintained
    Raymond James FinancialOutperformUpgraded
    Eight CapitalUpgraded
    CfraUpgraded
    BMO Capital MarketsUpgraded
    Bank of AmericaNeutralDowngraded
    Raymond James FinancialOutperformUpgraded
    RBC CapitalUnderperformDowngraded
    BMO Capital MarketsUpgraded
    TD SecuritiesHoldDowngraded
    SbankUpgraded
    Eight CapitalUpgraded
    BMO Capital MarketsDowngraded
    TD SecuritiesBuyDowngraded
    SbankDowngraded
    Eight CapitalUpgraded
    Raymond James FinancialOutperformUpgraded
    Eight CapitalUpgraded
    Raymond James FinancialOutperformUpgraded
    Raymond James FinancialOutperformDowngraded
    BMO Capital MarketsDowngraded
    BMO Capital MarketsDowngraded
    Raymond James FinancialOutperformInitiated
    BMO Capital MarketsDowngraded
    TD SecuritiesHoldDowngraded
    CIBC World MarketsDowngraded
    CIBC World MarketsDowngraded
    TD SecuritiesHoldDowngraded
    Raymond James FinancialOutperformDowngraded
    TD SecuritiesDowngraded
    RBC CapitalSector PerformDowngraded
    Eight CapitalDowngraded
    RBC CapitalSector PerformDowngraded
    BMO Capital MarketsDowngraded
    TD SecuritiesHoldDowngraded
    RBC CapitalSector PerformReiterated
    Raymond James FinancialOutperformInitiated
    Raymond James FinancialOutperformInitiated
    BMO Capital MarketsUpgraded
    CIBC World MarketsUpgraded
    CIBC World MarketsUpgraded
    RBC CapitalSector PerformUpgraded
    Raymond James FinancialOutperformInitiated
    TD SecuritiesBuyUpgraded
    Raymond James FinancialOutperformUpgraded
    Eight CapitalUpgraded
    BMO Capital MarketsOutperformUpgraded
    BMO CapitalOutperformUpgraded
    BMO Capital MarketsDowngraded
    CIBC World MarketsUpgraded
    RBC CapitalSector PerformUpgraded
    Raymond James FinancialOutperformUpgraded
    BMO Capital MarketsMarket PerformDowngraded
    TD SecuritiesBuyUpgraded
    TD SecuritiesHoldDowngraded
    Raymond James FinancialOutperformUpgraded
    RBC CapitalSector PerformDowngraded
    TD SecuritiesBuyUpgraded
    Eight CapitalUpgraded
    CIBC World MarketsNeutralInitiated
    SbankUnderperformUpgraded
    BMO Capital MarketsOutperformInitiated
    Paradigm CapitalHoldDowngraded
    Credit SuisseDowngraded
    SbankUnderperformUpgraded
    TD SecuritiesBuyUpgraded
    SbankUnderperformDowngraded
    TD SecuritiesBuyDowngraded
    SbankUnderperformUpgraded
    Raymond James FinancialDowngraded
    Bank of AmericaUnderperformMaintained
    RBC CapitalOutperformUpgraded
    Credit SuisseDowngraded
    RBC CapitalOutperformMaintained
    TD SecuritiesBuyMaintained
    BMO Capital MarketsOutperformMaintained
    Credit SuisseNeutralMaintained
    BMO CapitalOutperformUpgraded
    Goldman SachsMaintained
    TD SecuritiesBuyMaintained
    RBC CapitalSector PerformMaintained
    Goldman SachsMaintained
    SbankSector PerformMaintained
    TD SecuritiesBuyUpgraded
    Bank of AmericaNeutralUpgraded
    TD SecuritiesHoldMaintained
    CIBC World MarketsMaintained
    SbankSector PerformMaintained
    RBC CapitalOutperformMaintained
    BMO Capital MarketsMaintained
    RBC CapitalOutperformMaintained
    Dundee SecuritiesBuyMaintained
    Paradigm CapitalBuyMaintained
    SbankSector PerformMaintained
    TD SecuritiesHoldMaintained
    BMO Capital MarketsOutperformMaintained
    Bank of AmericaNeutralDowngraded
    Credit SuisseMaintained
    SbankSector PerformMaintained
    Cantor FitzgeraldBuyMaintained
    SbankSector PerformMaintained
    CIBC World MarketsSector OutperformMaintained
    Credit SuisseMaintained
    ScotiabankSector PerformDowngraded
    SbankSector OutperformMaintained
    Cantor FitzgeraldBuyMaintained
    Dundee SecuritiesBuyMaintained
    Paradigm CapitalMaintained
    Canaccord GenuityBuyMaintained
    Credit SuisseMaintained
    Dundee SecuritiesBuyMaintained
    Raymond James FinancialOutperformMaintained
    Goldman SachsBuyInitiated
    Cantor FitzgeraldBuyMaintained
    Raymond JamesOutperformUpgraded
    Bank of AmericaBuyUpgraded
    Credit SuisseMaintained
    Canaccord GenuityBuyUpgraded
    BMO Capital MarketsOutperformUpgraded
    CIBCOutperformUpgraded
    Dundee SecuritiesBuyMaintained
    SbankMaintained
    Salman PartnersBuyUpgraded
    DundeeBuyUpgraded
    Bank of AmericaNeutralDowngraded
    Cowen & Co.Market PerformDowngraded
    CowenMaintained
    Dundee SecuritiesNeutralMaintained
    DundeeNeutralDowngraded
    Cantor FitzgeraldHoldDowngraded
    SbankMaintained
    Raymond James FinancialMaintained
    Dundee SecuritiesMaintained
    CowenOutperformMaintained
    Salman PartnersHoldDowngraded
    TD SecuritiesHoldDowngraded
    SbankSector OutperformMaintained
    Dundee SecuritiesNeutralMaintained
    Credit SuisseNeutralMaintained
    Canaccord GenuitySellMaintained
    Canaccord GenuitySellMaintained
    BMO Capital MarketsMaintained
    BMO CapitalMarket PerformDowngraded
    Raymond James FinancialOutperformMaintained
    Raymond James FinancialOutperformUpgraded
    SbankMaintained
    Paradigm CapitalBuyMaintained
    Cormark SecuritiesMarket PerformDowngraded
    SbankSector OutperformMaintained
    RBC CapitalOutperformMaintained
    TD SecuritiesBuyMaintained
    TD SecuritiesBuyUpgraded
    Bank of AmericaBuyUpgraded
    SbankMaintained
    TD SecuritiesHoldMaintained
    CowenOutperformMaintained
    RBC CapitalOutperformMaintained
    Bank of AmericaNeutralDowngraded
    Canaccord GenuityHoldMaintained
    UBSBuyMaintained
    Raymond James FinancialOutperformMaintained
    Paradigm CapitalBuyMaintained
    Desjardins SecuritiesBuyMaintained
    Canaccord GenuityHoldMaintained
    Credit SuisseNeutralMaintained
    Cantor FitzgeraldBuyMaintained
    Canaccord GenuityMaintained
    RBC CapitalOutperformMaintained
    Cantor FitzgeraldBuyInitiated
    Canaccord GenuityMaintained
    JP MorganNeutralDowngraded
    BMO CapitalOutperformMaintained
    Bank of AmericaBuyMaintained
    Bank of AmericaBuyMaintained

    Cameco Corp. (CCJ) Stock Earning Per Share (EPS) Forecast / Estimate


    $-0.036
    The average consensus EPS for CCJ is $-0.036 with a high estimate of $-0.032 and Low of $-0.059 for the period 2022-03-31 and based on 7 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $-0.1$-0.06312021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $-0.14$-0.04042021-09-30
    $-0.1$-0.06312021-06-30
    $-0.07$-0.08222021-03-31
    $0.12$-0.04472020-12-31
    $-0.2$-0.04922020-09-30
    $-0.16$-0.05052020-06-30
    $0.07$-0.02452020-03-31
    $0.24$0.15732019-12-31
    $-0.01$0.0132019-09-30
    $-0.04$-0.03792019-06-30
    $-0.08$-0.04172019-03-31
    $0.51$0.2282018-12-31
    $0.04$0.02892018-09-30
    $-0.07$-0.01142018-06-30
    $0.06$-0.00882018-03-31
    $0.46$0.35822017-12-31
    $-0.13$0.0542017-09-30
    $-0.11$-0.02382017-06-30
    $-0.07$-0.01232017-03-31
    $0.23$0.25942016-12-31
    $0.3$0.2812016-09-30
    $-0.14$0.10712016-06-30
    $-0.02$0.16642016-03-31
    $0.38$0.48992015-12-31
    $0.2$0.30692015-09-30
    $0.12$0.20352015-06-30
    $0.18$0.25182015-03-31
    $0.52$0.29642014-12-31
    $0.23$0.21282014-09-30
    $0.2$0.16492014-06-30
    $0.09$0.09892014-03-31
    $0.38$0.54462013-12-31
    $0.53$0.17292013-09-30
    $0.15$0.1962013-06-30
    $0.07$0.08012013-03-31
    $0.6$0.41692012-12-31
    $0.13$0.27192012-09-30
    $0.16$0.23962012-06-30
    $0.31$0.28282012-03-31
    $0.63$0.41962011-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).