Cameco Corp (CCJ) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Cameco Corp (CCJ) stock forecast summary
Our AI scores Cameco Corp every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Cameco Corp is a large-cap company with a market capitalization of $31.05B. It ranks number 1 by market capitalization among the 9 Miscellaneous Metal Ores issuers in our coverage with a current forecast.
For CCJ, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 11.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 15.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, CCJ included.
CCJ price chart and AI forecast
How CCJ ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Cameco Corp (CCJ) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Miscellaneous Metal Ores peers listed below that report each metric. Statement values were filed in CAD and are shown converted to USD (flows at the trailing twelve-month average rate, balances at the balance-sheet date rate).
Valuation & Market
| Metric | CCJ | Rank |
|---|---|---|
| Market Cap | $31.05B | 1/9 |
| P/E Ratio | 35.66x | – |
| EPS | $2.00 | – |
| Revenue/Share | $18.22 | – |
| FCF/Share | $4.06 | – |
Profitability & Margins
| Metric | CCJ | Rank |
|---|---|---|
| ROE | 17.6% | – |
| ROA | 11.8% | – |
| ROIC | 15.4% | 1/5 |
| Gross Margin | 23.0% | – |
| Operating Margin | 12.9% | – |
| Net Margin | 10.9% | – |
| EBT Margin | 14.5% | – |
| Tax Rate | 24.6% | – |
Financial Health
| Metric | CCJ | Rank |
|---|---|---|
| Current Ratio | 2.47x | 5/8 |
| Quick Ratio | 1.68x | – |
| Financial Leverage | 1.49x | 3/6 |
| Working Capital | $1.14B | 1/7 |
Cash Flow
| Metric | CCJ | Rank |
|---|---|---|
| Operating Cash Flow | $2.37B | 1/7 |
| Free Cash Flow | $1.77B | 1/6 |
| Capital Spending | -$603M | 6/6 |
| OCF Growth YoY | 93.4% | – |
| FCF Growth YoY | 0.0% | – |
| FCF/Sales | 22.3% | – |
| CapEx/Sales | 7.6% | – |
Operational Efficiency
| Metric | CCJ | Rank |
|---|---|---|
| Asset Turnover | 1.07x | – |
| Receivables Turnover | 30.7x | – |
| Inventory Turnover | 10.1x | – |
| Fixed Assets Turnover | 3.3x | – |
| Days Sales Outstanding | 12 days | – |
| Days Inventory | 36 days | – |
| Payables Period | 37 days | – |
| Cash Conversion Cycle | 11 days | – |
Income Statement
| Metric | CCJ | Rank |
|---|---|---|
| Total Revenue | $7.94B | – |
| Operating Income | $1.02B | 1/6 |
| Net Income | $868M | 1/5 |
| R&D Expense | $78M | – |
| Cost of Goods Sold | $6.11B | – |
Dividend & Shareholder Information
| Metric | CCJ | Rank |
|---|---|---|
| Shares Outstanding | 435M | – |
| Net Income Growth | 1332.6% | – |
| EPS Growth | 1168.2% | – |
Balance Sheet Highlights (USD millions, converted from CAD)
| Total Current Assets | $1.92B | |
| Cash & Short-term Investments | $812M | |
| Accounts Receivable | $263M | |
| Inventory | $615M | |
| Short-term Debt | $145M |
CCJ quarterly financials and insider trading
Cameco Corp (CCJ) industry peers
Companies classified under the same SEC industry code as Cameco Corp (Miscellaneous Metal Ores): 10 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| CCJ Cameco Corp | $31.05B | |
| NXE Nexgen Energy Ltd. | $5.44B | |
| UEC Uranium Energy Corp | $3.43B | |
| DNN Denison Mines Corp. | $1.97B | |
| IPX Iperionx Ltd | $498M | |
| NMG Nouveau Monde Graphite Inc. | $270M | |
| NUCL Eagle Nuclear Energy Corp. | $119M | |
| FNUC Frontier Nuclear & Minerals Inc. | $11M | |
| FMST Foremost Clean Energy Ltd. | $11M | |
| RITE Mineralrite Corp | N/A |
Where CCJ sits on the market map
Cameco Corp (CCJ) stock news
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Cameco Corp (CCJ) stock forecast FAQ
What is the Cameco Corp (CCJ) stock forecast?
Our AI scores Cameco Corp every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Cameco Corp stock predictions?
For CCJ, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 11.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 15.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Cameco Corp forecasts updated?
Cameco Corp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Cameco Corp's industry peers?
10 issuers in our coverage, CCJ included, share the SEC industry code Miscellaneous Metal Ores. The largest are: Nexgen Energy Ltd. (NXE), Uranium Energy Corp (UEC), Denison Mines Corp. (DNN), Iperionx Ltd (IPX), Nouveau Monde Graphite Inc. (NMG), Eagle Nuclear Energy Corp. (NUCL).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.