Sunrise Communications: A Unique Dividend Opportunity in Switzerland's Telecom Sector.

Stifel Canada maintained its "buy" rating on Cameco and a price target of C$115.00 following the company's Q2 results.

Saskatoon, Saskatchewan, July 2, 2025 – Cameco Corporation (TSX: CCO; NYSE: CCJ) reported its second-quarter financial results, demonstrating resilience and an improved outlook for the remainder of the year. The company's president and CEO, Tim Gitzel, highlighted the company's strong performance across its uranium, fuel services, and Westinghouse segments. Despite market volatility, Cameco's strategic focus on nuclear power and clean energy has positioned the company for growth.

Key highlights from Cameco's Q2 2025 results include:

- Financial Performance: Cameco reported net earnings of $321 million CAD, adjusted net earnings of $308 million CAD, and adjusted EBITDA of $673 million CAD for the second quarter. These figures represent significant improvements compared to the same period last year.
- Operational Highlights: The company's uranium and fuel services segments performed well, with increased equity earnings from its investment in Westinghouse. Additionally, the company's Westinghouse segment saw improved expectations, with a projected share of adjusted EBITDA ranging from $525 million USD to $580 million USD.
- Market Positioning: Cameco's strategic long-term contracting and disciplined approach to market conditions have allowed it to maintain a strong balance sheet and financial discipline. The company's portfolio of long-term contracts provides protection against weaker market conditions while retaining exposure to price improvements.
- Investment in Westinghouse: Cameco's 49% stake in Westinghouse contributed to its strong second-quarter results. The company's participation in the Dukovany power plant project in the Czech Republic is expected to drive future growth for both Cameco and Westinghouse.

Stifel Canada maintained its "buy" rating on Cameco, with a price target of C$115.00 following the company's Q2 results. The firm noted Cameco's strong financial performance and the potential for future growth driven by supportive government policies and increasing demand for nuclear power.

Cameco's results underscore the company's commitment to a balanced and disciplined strategy, focusing on secure energy solutions. The company's strategic investments and long-term contracts position it well to capitalize on the growing demand for nuclear power.

References:

[1] https://finance.yahoo.com/news/cameco-q2-results-strong-financial-103000281.html