Cameco Projects $170 Million Boost in 2025 EBITDA from Westinghouse Partnership

Cameco ( (TSE:CCO) ) has shared an update.

Cameco anticipates a significant increase in its share of Westinghouse Electric Company’s 2025 adjusted EBITDA, amounting to approximately $170 million (US). This increase is attributed to Westinghouse’s involvement in constructing two nuclear reactors at the Dukovany power plant in the Czech Republic. The expected financial benefits from this project, including the provision of fuel fabrication services, are poised to enhance Westinghouse’s financial performance and growth outlook. This development underscores Cameco’s strategic positioning in the nuclear energy sector and its potential positive impact on stakeholders.

The most recent analyst rating on (TSE:CCO) stock is a Buy with a C$62.00 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 overall stock score is driven by robust financial performance and positive technical momentum. The high P/E ratio and low dividend yield reflect potential overvaluation, while earnings call analysis underscores both opportunities and risks. Technical indicators suggest positive momentum, though caution is advised due to overbought conditions.

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 ownership of the world’s largest high-grade uranium reserves and low-cost operations. Cameco also has significant investments across the nuclear fuel cycle, including interests in Westinghouse Electric Company and Global Laser Enrichment. Utilities worldwide depend on Cameco for nuclear fuel solutions to generate safe, reliable, carbon-free nuclear power. Cameco’s shares are traded on the Toronto and New York stock exchanges, with its head office located in Saskatoon, Saskatchewan, Canada.

Average Trading Volume: 1,149,597

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$35.7B

For an in-depth examination of CCO stock, go to TipRanks’ Stock Analysis page.