CCJ · NYSE · STOCK
Cameco (CCJ) Stock Analysis
$100.74
52W $74.99 – $135.24
54/100
$43.88B
170.5
1.06
Is CCJ Bullish or Bearish?
Mixed.
Innellis AI committee rates Cameco Corporation (CCJ) Watch with a composite score of 54/100
, based on 6 analysts with 33% agreement.
Last updated September 06, 2026.
What Would Change This View
- Upgrade to Buy
- Requires a committee score of 60.0 — +5.61 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Reduce
- Requires the score to fall below 40.0 — -14.39 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Risk Analyst sees a compelling case — low leverage (debt-to-equity 0.14) -- balance sheet can absorb a shock. Growth Analyst remains cautious — revenue declining -2.7% yoy -- this is not a growth story right now. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- Low leverage (debt-to-equity 0.14) -- balance sheet can absorb a shock — Risk
- VIX regime is low -- calm backdrop supports risk-taking — Macro
Bear Case
- P/E of 171.0 is expensive by classic value standards — Value
- Price-to-book of 8.0x prices in significant intangible value — Value
- Revenue declining -2.7% YoY -- this is not a growth story right now — Growth
- EPS declining -33.5% YoY despite any revenue growth — Growth
- 2 consecutive earnings misses -- execution concerns — Growth
- MACD histogram negative -- bearish momentum — Technical
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of September 06, 2026
Overall Committee Score
54/100
Agreement
33%
Analysts
6
Conviction
Contested
Sector Rank
Top 92%
of 93 Energy peers
Value Analyst
bearish
40
/ 100 · Moderate confidence
Multiples don't clear a genuine value bar here, or cheapness looks justified by weak fundamentals
− P/E of 171.0 is expensive by classic value standards
Growth Analyst
bearish
18
/ 100 · High confidence
Growth story is weak, decelerating, or inconsistent
− Revenue declining -2.7% YoY -- this is not a growth story right now
Technical Analyst
neutral
48
/ 100 · High confidence
Mixed or range-bound price action
− MACD histogram negative -- bearish momentum
Risk Analyst
bullish
80
/ 100 · Low confidence
Risk profile is manageable -- leverage, volatility, and event exposure all look contained
+ Low leverage (debt-to-equity 0.14) -- balance sheet can absorb a shock
Macro Analyst
bullish
80
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst
neutral
60
/ 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager
neutral
45
/ 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2704.43)
Investment Thesis Evolution
Committee score moved marginally from 54.4 to 54.4.
- New bearish signals: 1 appeared.
- Bearish pressure eased: 1 signal(s) disappeared.
Analyst-level changes:
- Value Analyst: +1 bearish signal(s).
Comparing 2026-09-05 to 2026-09-06 (1 day apart).
Technical Analysis
RSI (14)
53.8
Neutral
MACD Histogram
-0.331
Bearish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Lh Ll
Support
$100.13
Resistance
$110.12
Bollinger %B
0.56
Inside Bands
Price vs Moving Averages
EMA 9
$99.99
Above
EMA 21
$98.97
Above
EMA 50
$98.67
Above
EMA 200
$99.37
Above
Fundamental Analysis
Valuation
33
Growth
24
Profitability
42
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio
170.5×
P/B Ratio
8.51×
PEG Ratio
-5.12
Dividend Yield
0.17%
52W High
$135.24
52W Low
$74.99
Quality & Growth
ROE
854.0%
ROA
572.3%
Gross Margin
2757.4%
Operating Margin
1425.5%
Revenue Growth YoY
—
Debt / Equity
0.14
AI Fundamental Assessment
P/E ratio of 170.5 (rich relative to a 15-40x range); Price-to-book of 8.5x; PEG ratio of -5.1 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 8.5%; Return on assets of 5.7%; Net margin of 10.2%; Gross margin of 27.6%; Current ratio of 3.06 (healthy short-term liquidity); Debt-to-equity of 0.14; Free cash flow per share is positive (1.16); Most recent quarter missed estimates by 52.7%; 2 consecutive earnings misses; EPS growth roughly steady (-40.0% -> -40.0% QoQ); Analyst estimates falling over recent quarters
Get the Full CCJ Analysis
Interactive charts · Live committee votes · Trade plan · Paper trading · AI Q&A
Open in Terminal →