Cameco stock rises after beating Q4 forecasts

Vahid Karaahmetovic

Fri, February 13, 2026 at 9:23 PM GMT+9 1 min read

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Investing.com – Cameco Corp. shares jumped about 4% in premarket trading after the uranium producer reported fourth-quarter results that topped expectations.

The company posted Q4 earnings per share of Cdn$0.50, beating the analyst consensus of Cdn$0.32. Revenue came in at Cdn$1.2 billion, well above the consensus estimate of Cdn$764.84 million.

“Our fourth quarter and year-end results reflect another year of disciplined execution across our uranium, fuel services, and Westinghouse segments, demonstrating the strength of our strategy in a market that continues to evolve in support of long‑term value creation,” said Tim Gitzel, CEO of Cameco.

“Looking forward, we believe we will continue to see a durable trend of growth across the nuclear fuel cycle supported by electrification, energy security and decarbonization priorities, and the increasing recognition that nuclear must play a central role in addressing the world’s long‑term energy challenges. Cameco is well positioned to benefit from this global shift, driving long‑term value for our shareholders, our customers, and the communities where we operate.”

Adjusted EBITDA rose to Cdn$591 million from Cdn$524 million in the prior-year quarter.

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