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flag Cameco shares dropped 6.4% despite beating earnings estimates and rising revenue.

flag Cameco Corporation (NYSE: CCJ) shares fell 6.4% to $107.92 on Friday, March 13, 2026, despite strong third-quarter earnings of $0.36 EPS—surpassing estimates by $0.07—and revenue of $874.57 million, up 1.5% year-over-year. flag Institutional ownership remains high at 70.21%, with Main Street Research, Victory Capital, and Van ECK increasing stakes. flag Analysts maintain a "Moderate Buy" consensus rating with a $150.40 target, though some firms adjusted ratings. flag The stock has a market cap of $47 billion, a P/E ratio of 111.26, and operates primarily in North America as a uranium producer for nuclear reactors.

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