Cameco slides as uranium sentiment cools and sector risk-off pressure builds

Cameco Corporation (CCJ) is down 4.2% today. Here is some analysis on what might have caused this price movement.

Analysis: CCJ’s drop looks most consistent with a sector-wide pullback tied to softer uranium price momentum and a risk-off move across uranium-linked equities. After a strong run into early 2026, even modest commodity/ETF weakness can trigger profit-taking in high-beta uranium names.

Details:

Uranium spot pricing cooled during February versus January’s highs, which can weigh on sentiment for uranium miners even if longer-term fundamentals remain intact.

Uranium futures were recently cited in the mid-$80s/lb range after pulling back from late-January highs, aligning with a “cooling” narrative for the commodity complex.

Uranium-focused ETFs and related equities have shown downside pressure on days when nuclear project cost and timeline warnings resurface, which can spill over into large, liquid names like CCJ.

Cameco’s most recent annual results highlighted higher profit and operating cash flow, so today’s decline appears less tied to a new company-specific fundamental negative and more to positioning and sector tape action (speculation).

Sources:

American Nuclear Society, TipRanks, SEC

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$CCJ Hedge Fund Activity

We have seen 488 institutional investors add shares of $CCJ stock to their portfolio, and 464 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FMR LLC removed 2,212,569 shares (-12.8%) from their portfolio in Q4 2025, for an estimated $202,427,937
FIL LTD removed 2,094,018 shares (-19.4%) from their portfolio in Q4 2025, for an estimated $191,581,706
CITIGROUP INC removed 1,781,746 shares (-71.4%) from their portfolio in Q4 2025, for an estimated $163,011,941
MARSHALL WACE, LLP added 1,729,454 shares (+7481.3%) to their portfolio in Q4 2025, for an estimated $158,227,746
RAILWAY PENSION INVESTMENTS LTD removed 1,653,600 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $138,670,896
ALLIANCEBERNSTEIN L.P. removed 1,638,428 shares (-46.6%) from their portfolio in Q4 2025, for an estimated $149,899,777
MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. added 1,556,157 shares (+12.0%) to their portfolio in Q4 2025, for an estimated $142,372,803

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$CCJ Congressional Stock Trading

Members of Congress have traded $CCJ stock 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $CCJ stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 3 times. They made 1 purchase worth up to $15,000 on 10/17 and 2 sales worth up to $30,000 on 01/09, 12/24.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$CCJ Analyst Ratings

Wall Street analysts have issued reports on $CCJ in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

GLJ Research issued a "Buy" rating on 02/18/2026
RBC Capital issued a "Outperform" rating on 11/13/2025
Goldman Sachs issued a "Buy" rating on 10/29/2025
CLSA issued a "Outperform" rating on 09/09/2025

To track analyst ratings and price targets for $CCJ, check out Quiver Quantitative's $CCJ forecast page.

$CCJ Price Targets

Multiple analysts have issued price targets for $CCJ recently. We have seen 5 analysts offer price targets for $CCJ in the last 6 months, with a median target of $140.0.

Here are some recent targets:

Gordon L. Johnson from GLJ Research set a target price of $171.2 on 02/18/2026
Andrew D. Wong from RBC Capital set a target price of $160.0 on 02/17/2026
George Eadie from UBS set a target price of $140.0 on 11/10/2025
Brian Lee from Goldman Sachs set a target price of $109.0 on 10/29/2025
Max Hopkins from CLSA set a target price of $102.0 on 09/09/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.