Cameco (CCJ) Remains A Beneficiary Of The Long-Term Upside In Western Nuclear Fuel Infrastructure, According To GLJ Research

With an upside imaginable of 9.3%, Cameco Corporation (NYSE:CCJ) earns a spot connected our database of the best atomic vigor stocks to bargain arsenic SMRs spell mainstream.

Orest Wowkodaw, an expert astatine Scotiabank, raised his terms people connected Cameco Corporation (NYSE:CCJ) to $175 from $150 connected May 7, 2026. The firm’s Outperform standing was maintained pursuing the quarterly update, which it viewed arsenic a affirmative catalyst driving the firm’s valuation estimates higher. Additionally, Wowkodaw said the company’s fundamentals are improving, citing drivers specified arsenic the Western world’s decarbonization, vigor independence, and powerfulness information agendas.

A much caller update came connected May 12, 2026, from GLJ Research, which chopped its terms people connected the banal from CAD $171.20 to CAD $152.60. While the steadfast is little excited astir the near-term outlook, it remains bullish and frames Cameco Corporation (NYSE:CCJ) arsenic a beneficiary of the semipermanent upside successful Western atomic substance infrastructure.

That broader expert optimism came pursuing beardown Q1 2026 earnings.

Net net came successful astatine CAD $131 million, adjusted nett net astatine CAD $203 million, and adjusted EBITDA astatine CAD $509 million, each higher than Q1 2025. The uranium conception led the surge, with net earlier taxes climbing to CAD $358 cardinal from CAD $227 cardinal successful Q1 2025, driven by higher income volumes and market-related declaration pricing.

Westinghouse besides contributed importantly during the quarter, with Cameco Corporation (NYSE:CCJ)’s stock of adjusted EBITDA rising to CAD $122 cardinal from CAD $92 million. The institution kept its yearly guidance unchanged, with uranium accumulation targeted betwixt 19.5 cardinal and 21.5 cardinal pounds.

Meanwhile, Cameco Corporation (NYSE:CCJ) is pushing to amended wide sentiment with cardinal strategical wins. Those see the ~CAD $2.6 billion, 22-million-pound uranium proviso woody signed with India connected March 2, 2026, and the U.S. authorities concern announced connected October 28, 2025, targeting astatine slightest US$80 cardinal successful Westinghouse reactor deployments.

Cameco Corporation (NYSE:CCJ) operates globally, producing uranium and atomic substance products for the procreation of clean, safe, and reliable electricity.

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