Raymond James Raises its Price Target on Cameco Corporation (CCJ) to C$165 While Keeping an Outperform Rating

Cameco Corporation (NYSE:CCJ) is included among the 12 Best Nuclear Energy Stocks to Buy Now

On January 15, 2026, Raymond James expert Brian MacArthur raised the firm’s terms people connected Cameco Corporation (NYSE:CCJ) to C$165 from C$150 portion keeping an Outperform rating. The determination came arsenic portion of a broader mining update.

On January 7, 2026, Bernstein besides adjusted its view, lifting its terms people connected Cameco to $101 from $100 and reiterating an Outperform rating. The steadfast pointed to a higher uranium terms platform arsenic the superior operator down the update.

The maturation successful atomic procreation has tightened the marketplace for uranium, resulting successful rising uranium prices. Based connected CCJ’s data, Uranium Spot Price reached $81.55 by the extremity of 2025, implicit 10% higher year-on-year. CCJ sold 33.6 cardinal pounds of uranium successful 2024, among the largest globally.

On November 25, 2025, Reuters reported that Canada and India were nearing a 10-year uranium proviso statement valued astatine $2.8 billion. If finalized, the woody would presumption Cameco Corp. arsenic a semipermanent supplier to India’s expanding atomic fleet, adding different furniture of request visibility.

Cameco Corporation (NYSE:CCJ) is 1 of the world’s largest uranium suppliers, with operations anchored by high-grade reserves and low-cost production. The institution besides maintains vulnerability crossed the atomic substance rhythm done strategical investments, including stakes successful Westinghouse Electric Company and Global Laser Enrichment.

While we admit the imaginable of CCJ arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None.