Cameco’s (CCJ) Westinghouse Unit Poised for New Nuclear Reactor Deals

Group 1 - Cameco Corporation (NYSE:CCJ) is recognized as one of the top energy stocks with significant upside potential, with UBS initiating coverage on November 10 with a Neutral rating and a C$140 price target, citing recent price gains despite favorable industry fundamentals [1] - UBS expects a substantial increase in Cameco's profitability this decade as the company recontracts supplies at higher spot prices and its Westinghouse unit secures contracts for new nuclear reactors [1] - The firm is currently "on the sidelines" due to the stock trading close to full value on various valuation metrics, but anticipates a rise in spot uranium prices in 2026, potentially driven by an inventory restocking cycle [2] Group 2 - Cameco Corporation reported mixed financial results for Q3 2025, with earnings per share of $0.07, significantly lower than the expected $0.23, resulting in a 69.57% negative surprise; however, revenue reached $615 million, exceeding forecasts of $568 million [3] - The company operates through three segments: Uranium, Fuel Services, and Westinghouse, providing uranium for electricity generation [4]