Cameco (CCJ) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.18
- Estimate
- $0.38
- Surprise
- -52.1%
- Score at report (before → after)
- 5.8 → 5.7/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Cameco (CCJ) missed the $0.38 estimate with diluted EPS of $0.18 — a large 52.1% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.8/10) to Sell at 5.7/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates CCJ Sell at 4.7/10.
2 of the last 4 quarters beat the estimate; this quarter's -52.1% surprise compares with a -18.9% four-quarter average. Next scheduled report: 2026-10-30.
What supports the rating
- Sector modifier (Energy): +1.2
What argues against it
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.5)
- Consecutive earnings misses (2)
- Weak overall score: 4.7/10
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $96.68
- Price target
- $113.60
- Stop
- $91.09
- Upside to target
- +17.5%
- Reward-to-risk
- 2.3:1
The stock trades at 163.9× trailing but 51.2× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-14 — shown for context, not personalized investment advice.
CCJ at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Uranium
- Market cap
- $42.11B
- P/E (fwd)
- 51.2
- P/E (ttm)
- 163.9
- 52-week range
- $77.70–$135.24
- Off 52-week high
- 28.5%
- RSI (14)
- 39
- Volume vs avg
- 0.81×
- Score today
- 4.7/10