Canaccord Genuity Raises PT on Cameco Corporation (CCJ), Expresses Confidence in Earnings Outlook

With strong year-to-date gains and significant hedge fund interest, Cameco Corporation (NYSE:CCJ) secures a spot on our list of the 10 Unstoppable Canadian Stocks to Buy Now.

On July 30, 2025, Canaccord Genuity raised its price target on Cameco Corporation (NYSE:CCJ) from $66.35 to $82.94, maintaining a ‘Buy’ rating. This came ahead of the company’s Q2 2025 results, announced on July 31.

The investment firm expressed its confidence in the company’s earnings while remaining cautious about the uranium market, amid rising spot prices and subdued year-to-date term contracting. Furthermore, Canaccord expects Cameco Corporation (NYSE:CCJ)’s Westinghouse segment to remain a critical growth driver.

Looking ahead, the analyst remains confident in Cameco Corporation (NYSE:CCJ)’s strategic positioning and long-term prospects amid rising demand for nuclear energy.

Cameco Corporation (NYSE:CCJ) is a leading uranium producer and nuclear services provider. It is one of the unstoppable stocks.

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