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CCJCameco CorporationSell4.7·$96.68-0.76%
SellModerate Confidence
Investment thesis

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 RecordDeteriorating
  • Exceptional Balance Sheet QualityStable
  • Rich Valuation Thin AsymmetryImproving
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Cameco Corporation (CCJ) Stock Analysis

SellVALUE-TRAP 1/5GrowthShortModerate Confidence

Energy · Uranium

Sell if holding. Momentum 2.2/10 is below the 5.0 floor at $96.68 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Consecutive earnings misses (2); V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5).

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

$96.68+17.5% A.UpsideScore 4.7/10#6 of 9 Uranium
QualityF-score8 / 9FCF yield0.12%
IncomeYield0.18%(5y avg 0.22%)Payout29.63%sustainable
Stop $91.09Target $113.60(analyst − 13%)A.R:R 2.3:1
Analyst target$130.57+35.1%12 analysts
$113.60our TP
$96.68price
$130.57mean
$85
$174

Sell if holding. Momentum 2.2/10 is below the 5.0 floor at $96.68 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Consecutive earnings misses (2); V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5). Chart setup: No clear chart pattern; technical signals are mixed. Score 4.7/10, moderate confidence.

Passes 7/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 47d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-09-14
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Fri, Oct 30, 202647d to earnings· next earnings call

Thesis

Rewards
Sector modifier (Energy): +1.2
Risks
V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5)
Consecutive earnings misses (2)
Weak overall score: 4.7/10

Key Metrics

P/E (TTM)163.9
P/E (Fwd)51.2
Mkt Cap$42.1B
EV/EBITDA52.9
Profit Mgn10.2%
ROE5.1%
Rev Growth-7.2%
Beta1.01
Dividend0.18%
Rating analysts22

Quality Signals

Piotroski F8/9

Options Flow

P/C1.22bearish
IV55%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

3 floor-breakers

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Obv
1.0
Volume
2.1
Rsi
3.5
Ma Position
4.2
Volume distribution (falling OBV)Below 200-MA but MA still rising (+1.1%/30d) — pullback in uptrend, not confirmed weakness

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Value Rank
2.0
Growth Rank
2.0
Quality Rank
4.4

No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static

Surprise Avg
0.0
Earnings History
3.3
Dividend Safety
4.0
Erm
5.0
Earnings Timing
5.0
Earnings concerns: 2B/2MYield trap warning: high yield but unsafe
GatesMomentum 2.2<4.5A.R:R 2.2 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 47d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
39 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $93.91Resistance $111.54

Price Targets

$91
$114
A.Upside+17.5%
A.R:R2.3:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeRisk-Off

Risk Alerts

! momentum at 2.2 (below the engine's 4.5 threshold)

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-10-30 (47d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CCJ stock a buy right now?

Sell if holding. Momentum 2.2/10 is below the 5.0 floor at $96.68 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Consecutive earnings misses (2); V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5). Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $91.09. Score 4.7/10, moderate confidence.

What is the CCJ stock price target?

Take-profit target: $113.60 (+17.5% upside). Prior stop was $91.09. Stop-loss: $91.09.

What are the risks of investing in CCJ?

V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5); Consecutive earnings misses (2); Weak overall score: 4.7/10.

Is CCJ overvalued or undervalued?

Cameco Corporation trades at a P/E of 163.9 (forward 51.2). TrendMatrix value score: 4.4/10. Verdict: Sell.

What do analysts say about CCJ?

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.

Related stocks: UEC (Uranium Energy Corp.) · NXE (Nexgen Energy Ltd.) · MGY (Magnolia Oil & Gas Corporation) · STNG (Scorpio Tankers Inc.) · INSW (International Seaways, Inc.)
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