Cameco and Brookfield Forge Strategic Partnership with US Government for Nuclear Expansion

The latest announcement is out from Cameco ( (TSE:CCO) ).

On October 28, 2025, Cameco Corporation, in partnership with Brookfield Asset Management, announced a strategic agreement with the US Government to accelerate the deployment of Westinghouse’s nuclear reactor technologies. This partnership, which involves a substantial investment of at least $80 billion, aims to enhance Westinghouse’s market position by facilitating the construction of new nuclear reactors in the United States. The agreement is expected to significantly boost Westinghouse’s energy systems segment and leverage existing nuclear industry supply chains, with potential implications for stakeholders including a profit-sharing mechanism with the US Government.

The most recent analyst rating on (TSE:CCO) stock is a Buy with a C$160.00 price target. To see the full list of analyst forecasts on Cameco stock, see the TSE:CCO Stock Forecast page.

Spark’s Take on TSE:CCO Stock

According to Spark, TipRanks’ AI Analyst, TSE:CCO is a Outperform.

Cameco’s strong financial performance and strategic positioning in the nuclear market are the primary drivers of its stock score. While technical indicators show bullish momentum, the high P/E ratio suggests potential overvaluation. The earnings call provides a balanced view with optimism about future opportunities despite existing challenges.

To see Spark’s full report on TSE:CCO stock, click here.

More about Cameco

Cameco Corporation is a leading company in the nuclear energy industry, primarily focusing on uranium production and nuclear fuel services. The company is known for its strategic investments and partnerships in nuclear reactor technologies, particularly through its significant interest in Westinghouse Electric Company.

Average Trading Volume: 1,316,766

Technical Sentiment Signal: Buy

Current Market Cap: C$63.78B

For a thorough assessment of CCO stock, go to TipRanks’ Stock Analysis page.