Cameco Corporation (NYSE:CCJ – Get Free Report) (TSE:CCO) saw unusually large options trading on Thursday. Traders purchased 28,210 put options on the stock. This represents an increase of 942% compared to the typical daily volume of 2,706 put options. Get Cameco alerts: Cameco Stock PerformanceShares of CCJ stock opened at $119.14 on Friday. The stock’s 50-day moving average price is $108.19 and its 200 day moving average price is $92.95. Cameco has a 52-week low of $35.00 and a 52-week high of $135.24. Th ...

Core Insights - Cameco (CCJ) reported a 38% year-over-year increase in adjusted earnings per share to 36 cents, surpassing the Zacks Consensus Estimate by 24% [1][10] - The company experienced a 2% decline in uranium production, totaling 6 million pounds in Q4 2025, with mixed performance from its mines [2] - Total revenues increased by 1.5% year-over-year to CAD 1,201 million ($862 million), driven by a rise in fuel services segment revenues [4] Production and Sales - Uranium production from Cigar Lake rose by 4% to 2.6 million pounds, while output from McArthur River/Key Lake fell by 8% to 3.3 million pounds [2] - The company sold 11.2 million pounds of uranium, a decrease of 12.8% compared to Q4 2024, leading to a 1% decline in uranium revenues to CAD 1,027 million ($750 million) [3] Financial Performance - Total cost of sales decreased by 0.5% to approximately CAD 928 million ($677 million), with uranium segment costs down by 2% [5] - Cameco's total gross profit increased by 9% to CAD 273 million ($199 million) [5] - Cash and cash equivalents at the end of Q4 stood at CAD 1.2 billion ($0.88 billion), with long-term debt of CAD 1 billion ($0.73 billion) [6] Future Projections - For 2026, Cameco anticipates uranium production of 19.5-21.5 million pounds, a slight decrease from 2025's 21 million pounds [7] - Uranium revenues for 2026 are projected to be CAD 2.54–2.73 billion, based on an average realized price of CAD 85.00-89.00 per pound [8] - Total revenue guidance for 2026 is set at CAD 3.13-3.37 billion [9] Strategic Developments - Cameco has secured long-term contracts for approximately 230 million pounds of uranium, ensuring delivery visibility over the next five years [11] - The company entered a strategic partnership with the U.S. Government to support the deployment of Westinghouse nuclear reactors, with an investment value of at least $80 billion [13] Market Position and Valuation - Cameco's shares have increased by 142.7% over the past year, outperforming the industry average of 35.7% [17] - The stock is currently trading at a forward price-to-sales ratio of 19.54, indicating a stretched valuation compared to the industry average of 4.62 [18] - The company holds a significant position in the global uranium market, accounting for nearly 15% of worldwide output [23] Growth Drivers - Rising energy security concerns and a global push for low-carbon energy are expected to drive sustained demand for nuclear power [25] - Cameco's investments in production expansion and long-term contracts position the company well for future growth in the nuclear energy sector [26]

Financial giants have made a conspicuous bullish move on Cameco. Our analysis of options history for Cameco (NYSE:CCJ) revealed 9 unusual trades.Delving into the details, we found 55% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $337,126, and 7 were calls, valued at $363,843.Expected Price MovementsBased on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $90.0 to $ ...

Group 1 - The U.S. government has shifted towards direct equity investments in strategic private companies to bolster national security and reduce reliance on foreign supply chains, particularly from China [1][2] - This approach has been compared to an informal "American sovereign wealth fund," leading to significant stakes in publicly traded firms, which may present compelling investment opportunities [1][2] - The focus of these investments includes sectors vital to defense, AI, electric vehicles, and energy independence, with all identified companies rated Buy by top Wall Street firms [1] Group 2 - Cameco Corp. is a leading uranium supplier with a small dividend and a significant deal with the U.S. Commerce Department to finance $80 billion in nuclear plant construction [1] - Intel Corp. has seen a government acquisition of a 10% stake through an $8.9 billion investment, positioning it as a major player in the semiconductor industry [1] - L3Harris Technologies Inc. received a $1 billion investment from the Pentagon to expand missile production, with a reliable dividend and a focus on national security technology solutions [2] - Lithium Americas Corp. is developing the Thacker Pass lithium project, which is considered a potential major investment opportunity due to its sought-after product [2] - MP Materials Corp. operates the only rare earth mine in the U.S. and secured a $400 million investment from the Department of Defense to enhance domestic production [2] - Trilogy Metals Inc. holds a 50% interest in the Upper Kobuk Mineral Projects in Alaska, with a government stake that could increase investor interest [2]

Cameco-branded aerial view of a uranium mining and processing site, highlighting nuclear energy sector momentum. Key Points As investors continue to rotate out of tech, energy continues to dominate in early 2026 with a 21% YTD gain. While fossil fuels have recovered, nuclear energy is also fueling the rally as demand is forecast to double by 2040. After gaining 135% over the past year, analysts remain bullish on Cameco, with the stock receiving a consensus Buy rating. Interested in Cameco Corporation? ...

Core Viewpoint - Goldman Sachs has raised price targets by over 10% on four blue-chip dividend stocks, indicating optimism about their future performance and potential for growth [1]. Group 1: Price Target Increases - Goldman Sachs raised the price target for Applied Materials from $310 to $390, reflecting a significant increase of 26% [1]. - The price target for Belden was increased from $144 to $175, representing a 21.5% rise [1]. - BorgWarner's target price was raised from $54 to $78, marking a 44.4% increase [1]. - Cameco's price target was increased from $115 to $131, which is a 13.9% rise [2]. Group 2: Company Profiles - **Applied Materials**: A semiconductor capital equipment company that provides solutions for the semiconductor and display industries, operating in three segments: Display, Applied Global Services, and Semiconductor Systems [1]. - **Belden**: A global supplier of connection solutions, focusing on network infrastructure and broadband solutions, with applications in various vertical markets including healthcare and data centers [1]. - **BorgWarner**: Engaged in clean-technology solutions for vehicles, the company operates in four segments, including PowerDrive Systems and Battery & Charging Systems, focusing on electric and hybrid vehicle technologies [1]. - **Cameco**: A Canadian company that supplies uranium fuel for nuclear reactors, involved in uranium mining and refining, with operations at Cigar Lake and McArthur River mines [2].

Core Viewpoint - The article suggests that uranium is the metal to invest in for 2026, highlighting significant price increases and strong performance of uranium stocks over the past year, particularly due to rising demand for energy from data centers and geopolitical factors [1]. Group 1: Uranium Market Overview - Uranium stocks have surged between 115% to 125% over the past year, driven by increased demand for power, particularly from data centers [1]. - The precious metals sector, including gold and silver, has seen substantial returns, but uranium is positioned as a potentially safer investment moving forward [1]. Group 2: Company Analysis - **Cameco (CCJ)**: - Shares have increased over 125% in the past year, supported by strong commodity price growth and production output [1]. - The company reported over $300 million in adjusted EBITDA on approximately $615 million in revenue, indicating strong financial health [1]. - Cameco has a forward price-earnings ratio exceeding 100, reflecting investor confidence in uranium as a clean energy source [1]. - **Energy Fuels (UUUU)**: - Stock price has risen more than 115% in the last year, benefiting from similar factors as Cameco [1]. - The company has achieved gross margins of 40%-50% through low-cost ISR mining operations [1]. - Energy Fuels is seen as a speculative investment but trades at a relative discount to NAV, with additional potential from its rare earths operations [1]. - **Uranium Energy Corp. (UEC)**: - UEC stock has shown similar returns to its peers, with a forward cash flow multiple of around 10, making it one of the cheaper uranium investments [1]. - The company is positioned for potential profitability in 2027, with a narrowing loss expected in 2026 [1].

Group 1 - The urgent need for electricity driven by AI consumption is leading companies like Amazon to secure energy sources for their data centers [1] - The first nuclear fuel license in 50 years is crucial for deploying Small Modular Reactors (SMRs), which are essential for powering AI infrastructure [2] - Amazon and X-Energy aim to deploy 5 gigawatts of nuclear capacity by 2039, sufficient to power millions of homes and large AI clusters [2] Group 2 - The breakthrough in the nuclear fuel supply chain shifts the focus to uranium as a strategic resource for energy production [3] - Centrus is highlighted as a key U.S. supplier with HALEU enrichment capability, while Cameco remains a major global uranium producer [3] - The revival of the nuclear fuel supply chain marks a significant development for energy infrastructure, particularly in relation to AI power needs [4]

经济观察网根据卡梅科(CCJ.US)于2026年2月发布的2025年全年财报，其业绩表现有以下几个关键亮 点： 业绩经营情况 2025年全年总营收达到34.8亿加元，较前一年显著提升。归属于股东的净利润从1.72亿加元大幅增长至 5.9亿加元；调整后的净利润为6.27亿加元，同比涨幅超过100%。 财务状况 公司2025年运营产生的现金流高达14.1亿加元，较2024年的9.05亿加元实现显著飞跃。截至报告期末， 公司持有12亿加元现金，总债务为10亿加元，呈现出极低的财务杠杆，这在重资产行业中较为罕见，体 现了较强的抗风险能力和再投资潜力。 公司业务状况 两大核心矿区表现突出：Cigar Lake(雪茄湖)全年产量达到1910万磅，超过预期；McArthur River(麦克阿 瑟河)产出1510万磅，符合指引。 战略推进 行业地位 在哈萨克斯坦国家原子能工业公司(哈原工)宣布下调2026年产量指引的背景下，卡梅科身处北美，其供 应链的安全性和生产的确定性在当前科技巨头急需稳定电力的背景下，形成了独特的市场优势。 以上内容基于公开资料整理，不构成投资建议。 收购西屋公司49%股权的战略布局成效显著。2025 ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...