Truist cuts Cameco target from USD 130 to USD 125 for Cameco stock

Published on 10/24/2026 at 19:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cameco reports third-quarter results October 30, 2026. Cameco stock costs EUR 70.34 on October 24, 2026, down 0.06 percent versus the Tradegate close.

Target and reporting date

Truist cut its Cameco target from USD 130.00 to USD 125.00 on October 22, 2026.
Cameco is scheduled to report third-quarter results on October 30, 2026, at 8:00 a.m. Eastern.
Cameco stock costs EUR 70.34 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, 0.06 percent below the Tradegate close.

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Truist lowered its Cameco target from USD 130.00 to USD 125.00 on October 22, 2026, while keeping a Buy rating, according to Markets Insider. Cameco is scheduled to report third-quarter results on October 30, 2026, and the stock was at EUR 70.34 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, down 0.06 percent versus the Tradegate close of October 23, 2026 at EUR 70.38.

Target falls before results

The Truist change puts a fresh USD 125.00 valuation marker ahead of Cameco's next report. The analyst cited higher interest rates and weaker sentiment toward long-duration growth assets, while also pointing to favorable nuclear fuel pricing and demand, according to Markets Insider.

The next scheduled report is the more immediate test. Cameco lists the third-quarter results and conference call for October 30, 2026, at 8:00 a.m. Eastern.

Stock stays near yearly low

The latest U.S. quote was USD 78.60 at 8:00 p.m. UTC on October 23, 2026, with a 52-week range of USD 76.92 to USD 135.24. The market capitalization was USD 34.2 billion and the price-to-earnings ratio was 134.70 on that date. The 52-week low therefore sat USD 1.68 below the U.S. quote, while the high was USD 56.64 above it.

MarketBeat reported that Truist cut its target from USD 130.00 to USD 125.00 and that Cameco reached a new 52-week low during the October 23, 2026 session. The same report cited a USD 148.10 average analyst target and a Moderate Buy consensus.

Valuation and reporting date

Cameco's latest reported quarter produced revenue of USD 573.06 million, down 6.80 percent year over year, while earnings per share came in at USD 0.13 versus a USD 0.26 consensus estimate, according to MarketBeat. The October 30 report will show whether the expected third-quarter earnings of USD 0.23 per share and revenue of USD 529.68 million are met.

Price and investor perspective

The euro quotation is nearly unchanged against the Tradegate close, while the wider U.S. range leaves Cameco USD 1.68 above its yearly low and USD 56.64 below its yearly high. The upcoming results date and the reduced Truist target give investors two concrete figures for assessing the next move.

Cameco stock was trading at EUR 70.34 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, 0.06 percent below the Tradegate close of October 23, 2026 at EUR 70.38. The further course of trading is shown by the continuously updated real-time quote of Cameco stock.