Cameco Stock news
On June 1, 2026, Goldman Sachs updated its equity research on Cameco Corporation (FRA: CJ6), raising its 12--month price target to $115.00 from $105.00 with a sustained 'Buy' recommendation. The upgrade follows the company's participation in the Bernstein Strategic Decisions Conference, where management provided insights into a record pipeline of long--term contracting inquiries. Analysts noted that Cameco's vertical integration, particularly its ownership stake in Westinghouse, uniquely positions the firm to capitalize on the accelerating global transition toward nuclear baseload power and the emerging fuel requirements for Small Modular Reactors (SMRs).