Cameco stock gains 4.85 percent ahead of October 30 results

Published on 10/27/2026 at 21:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cameco sets third-quarter results for October 30. Cameco stock costs EUR 74.19 on October 27, 2026, up 4.85 percent versus the Xetra close.

Key market facts for Cameco

Cameco stock gained 4.85 percent on October 27, 2026.
Cameco is scheduled to publish third-quarter results on October 30, 2026.
Cameco stock costs EUR 74.19 at Lang & Schwarz on October 27, 2026 at 9:32 p.m. CET, 4.85 percent above the Xetra close of October 26, 2026.
The company had a USD 35.9 billion market capitalization as of October 27, 2026.

CCJ, CA13321L1085, Illustration mit AI erstellt.

Cameco stock (ISIN CA13321L1085) was trading at EUR 74.19 at Lang & Schwarz on October 27, 2026 at 9:32 p.m. CET, up 4.85 percent versus the Xetra close of October 26, 2026 at EUR 70.76. The move puts the uranium producer in the spotlight ahead of its next results date.

According to Cameco on October 21, 2026, the company will publish third-quarter results before the market opens on October 30, 2026, followed by an earnings call at 8:00 a.m. Eastern.

October 30 results set the test

The upcoming report matters because the prior quarter showed weaker operating metrics. In the second quarter of 2026, revenue fell 7.00 percent year over year to CAD 814.00 million, while uranium sales volume declined 18.00 percent to 7.10 million pounds, according to a dated financial review.

Management maintained its 2026 uranium production outlook at 19.50 million to 21.50 million pounds. It also projected 2026 uranium deliveries of 29.00 million to 32.00 million pounds and total revenue of CAD 3.32 billion to CAD 3.57 billion.

Price remains below the yearly high

Cameco's primary listing is on the NYSE. The stock was last quoted at USD 82.41 after the U.S. session on October 27, 2026, while its 52-week range stood at USD 76.92 to USD 135.24. The USD price was 39.06 percent below the 52-week high.

Markets Insider reported on October 22, 2026 that Truist lowered its Cameco price target from USD 130.00 to USD 125.00 while retaining a Buy rating. The new target was 51.68 percent above the USD 82.41 price.

Valuation and uranium peers

Cameco's market capitalization was USD 35.9 billion as of October 27, 2026, and its trailing P/E was 141.60. For comparison, Energy Fuels (NYSE, USD) gained 8.86 percent, had a negative P/E of minus 24.57, and carried a USD 2.2 billion market capitalization. NexGen Energy (NYSE, USD) gained 5.64 percent, had a negative P/E of minus 22.05, and carried a USD 5.9 billion market capitalization.

What the next report must clarify

The October 30 release will show whether Cameco's production range remains intact after the second-quarter volume decline. Investors will also receive a fresh view of Westinghouse, where operational results can materially influence the group's earnings profile.

Cameco was trading at EUR 74.19 at Lang & Schwarz on October 27, 2026 at 9:32 p.m. CET, 4.85 percent above the Xetra close of October 26, 2026 at EUR 70.76. The further course of trading is shown by the continuously updated real-time quote of Cameco stock.