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Cameco ( (TSE:CCO) ) just unveiled an announcement.
On June 6, 2025, Cameco announced an expected increase of approximately $170 million in its 49% equity share of Westinghouse Electric Company’s adjusted EBITDA for the second quarter and annual results of 2025. This increase is attributed to Westinghouse’s involvement in constructing two nuclear reactors at the Dukovany power plant in the Czech Republic. The anticipated financial benefits from this project, along with the provision of fuel fabrication services, are expected to enhance Westinghouse’s financial performance and contribute to its compound annual growth rate for adjusted EBITDA over the next five years. This development signifies a positive impact on Cameco’s financial outlook and strengthens its position in the nuclear energy sector.
The most recent analyst rating on (TSE:CCO) stock is a Buy with a C$52.00 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 stock score of 78 reflects robust financial performance and a strong industry outlook, supported by strategic partnerships. However, high valuation metrics and overbought technical indicators suggest potential caution. Geopolitical risks and production challenges also pose threats.
To see Spark’s full report on TSE:CCO stock, click here.
More about Cameco
Cameco is a leading global provider of uranium fuel, essential for powering a secure energy future. The company holds a competitive position due to its control over the world’s largest high-grade uranium reserves and low-cost operations. It also has significant investments across the nuclear fuel cycle, including stakes in Westinghouse Electric Company and Global Laser Enrichment. Cameco supplies nuclear fuel solutions worldwide for the generation of safe, reliable, carbon-free nuclear power. Its shares are traded on the Toronto and New York stock exchanges, with its head office located in Saskatoon, Saskatchewan, Canada.
YTD Price Performance: 10.19%
Average Trading Volume: 1,151,810
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$36.02B
Find detailed analytics on CCO stock on TipRanks’ Stock Analysis page.