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Yahoo
26 minutes ago
- Yahoo
Where Will Cameco Stock Be in 3 Years?
Key Points Cameco's stock recently hit an all-time high. Uranium's soaring commodity price is driving that rally. But it still looks reasonably valued relative to its growth potential. 10 stocks we like better than Cameco › Cameco (NYSE: CCJ), one of the world's top uranium miners, usually isn't a high-growth stock. But over the past three years, its price surged about 250% and now hovers near its all-time high. The S&P 500 only rose 60% during the same period. Let's see why Cameco's stock crushed the market, and if it can keep climbing over the next three years. A look back at Cameco's lost decade Cameco, which is based in Canada, owns uranium mines and mills across Canada, the U.S., and Kazakhstan. It mined roughly 17% of the world's uranium in 2024, making it the second largest uranium miner after Kazatomprom (OTC: NATK.Y), Kazakhstan's national mining company. From 2011 to 2021, Cameco's annual revenue dropped from $2.41 billion to $1.18 billion (in U.S. dollars) without a single year of revenue growth. That decline started after the Fukushima nuclear disaster in March 2011, which triggered a global collapse in uranium prices as many countries cautiously reined in their nuclear energy plans. Uranium's spot price plunged from more than $70 per pound before the Fukushima disaster to less than $20 in 2017, and Cameco was forced to suspend work at its biggest mines and throttle back its production to conserve its cash. Before the uranium market could recover, the COVID pandemic disrupted the market again and forced the company to temporarily shut down more of its mines. The weak Canadian dollar exacerbated that decline because the miner sold its uranium in U.S. dollars. What happened over the past three years? But from 2021 to 2024, Cameco's revenue had a compound annual growth rate (CAGR) of 29% in Canadian dollar terms. Its gross margins also expanded to the double digits over the past two years. Metric 2022 2023 2024 Revenue growth 27% 39% 21% Gross margin 0.1% 21.7% 25% Data source: Cameco (all figures in Canadian dollar terms). That robust recovery was driven by uranium's spot prices, which soared from $29.63 in January 2021 to $78.50 this June. That rally prompted Cameco to restart its mining operations at McArthur River in Australia and Key Lake in the Canadian province of Saskatchewan in 2022 after being suspended in 2018. It also partnered with Brookfield Asset Management to acquire the nuclear power plant designer and builder Westinghouse Electric in late 2023. Its new 49% stake in Westinghouse should offset the volatility of its core mining business and make it the top uranium supplier for those plants. Several catalysts drove uranium's price higher over the past few years. The global supply shrank as Cameco and Kazatomprom curbed their production, but the demand rose as more countries initiated new nuclear energy plans and resumed their idled projects. Other global challenges are keeping uranium prices elevated. Russia, which was a major exporter of enriched uranium products and services to the U.S. and Europe, was hit by sanctions and export bans after its invasion of Ukraine in early 2022. Kazatomprom's supply chain issues and a coup in Niger (another key producer of uranium) in 2023 further reduced the global supply while driving more nuclear energy companies to buy their uranium from Cameco. What will happen to Cameco over the next three years? The bulls expect uranium's price to soar even higher as the market's demand continues to outstrip its available supply. The rapid growth of the cloud and AI data center markets -- which are driving more companies to consider using next-gen nuclear energy solutions like small modular reactors (SMRs) and microreactors -- could amplify those gains. Looking ahead, Cameco's 49% stake in Global Laser Enrichment (GLE) -- its uranium enrichment joint venture with Silex -- could transform it into a one-stop shop for nuclear power as it integrates those uranium enrichment capabilities into its core mining and conversion businesses. The International Atomic Energy Agency (IAEA) expects the world's nuclear capacity to expand by up to 2.5 times from 2024 to 2050, so Cameco could still have plenty of room to grow over the next few decades. From 2024 to 2027, analysts expect Cameco's revenue to have a CAGR of 8% (in Canadian dollar terms) as its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) have a CAGR of 16%. Its growth should cool off as it laps the big spike in uranium spot prices, the restarting of its mines, and its investment in Westinghouse Electric, but it still looks reasonably valued at 25 times this year's adjusted EBITDA. So even though Cameco's stock is trading near its all-time high, it could rise even higher over the next three years. Should you invest $1,000 in Cameco right now? Before you buy stock in Cameco, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Cameco wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Leo Sun has no position in any of the stocks mentioned. The Motley Fool recommends Brookfield Asset Management and Cameco. The Motley Fool has a disclosure policy. Where Will Cameco Stock Be in 3 Years? was originally published by The Motley Fool Sign in to access your portfolio
Fox News
29 minutes ago
- Fox News
This EV has a face, and it talks back with AI
Walking up to your car and seeing it recognize you, light up with a digital smile and respond to your voice used to be something only seen in TV shows and movies. Now, LA-based Faraday Future is making that experience a reality. At its California headquarters, the company recently unveiled the FX Super One, a tech-packed electric vehicle featuring the F.A.C.E., short for Front AI Communication Ecosystem. This expressive LED grille gives the car personality, allowing it to connect through light, sound and even emotional cues. Sign up for my FREE CyberGuy ReportGet my best tech tips, urgent security alerts and exclusive deals delivered straight to your inbox. Plus, you'll get instant access to my Ultimate Scam Survival Guide — free when you join my The FX Super One is an electric MPV designed with flexibility and intelligence at its core. It offers two types of powertrains, including a fully electric option and a hybrid setup known as AI Hybrid Extended Range. All-wheel drive comes standard, and the wheelbase is extended to create what Faraday calls Magic Space, a spacious interior that adapts to various needs. Seating configurations vary, but one standout version, called GOAT, features four seats, including luxurious zero-gravity recliners in the back. These are paired with a wide panoramic display and even a built-in refrigerator. Other versions can seat six or seven passengers and include smart cabin lighting, high-end materials and a fully digital infotainment system designed for interaction. Instead of just lighting up like a typical grille, the F.A.C.E. uses AI to sense people nearby and respond with dynamic visuals. It listens to voice commands and reacts with animations that can show emotion or deliver information. It's powered by Faraday's Embodied Intelligence Agent system, which links the grille with other AI-driven features inside the car. The system works when the vehicle is parked and is designed to create a sense of connection between the driver and the machine. Voice recognition, camera input and learned behavior all feed into how the car responds. Over time, it adjusts its reactions based on how you use it. You might see calming patterns after a long day or playful responses when you greet it in the morning. The F.A.C.E. is only part of the story. The FX Super One also comes loaded with smart safety tools powered by the same AI system. These include a 360-degree sensor suite that combines cameras, radar and lidar for full environmental awareness. The cabin features a quick-starting operating system that lets passengers customize their experience on the go. As for driving, the car's architecture supports intelligent assistance that helps reduce risk and make decisions based on both data and context. The goal isn't just automation, it's collaboration between the driver and the vehicle. More than 10,000 people have already pre-ordered the FX Super One, indicating rapidly growing interest in the vehicle. Faraday Future plans to start production in late 2025 at its Hanford, California, plant. This aggressive timeline demonstrates the brand's renewed drive to gain momentum in the competitive EV market. With the FX Super One, Faraday Future delivers bold innovations that go beyond speed, range or luxury. The company envisions a new era of mobility defined by personality and human connection. Faraday Future is targeting a price for the FX Super One of under $100,000. You can reserve your FX Super One now with a refundable $100 deposit on Faraday Future's official website. The FX Super One feels like more than an electric vehicle. It brings personality to the road with its talking grille, adaptive cabin and emotionally aware AI. Faraday Future is leaning into connection and creativity, offering a car that responds to your presence and remembers how you interact with it. Whether the F.A.C.E. becomes a must-have feature or just a fun extra, it adds something fresh to the EV space. Would you drive a car that smiles at you and knows when you're having a bad day? Let us know by writing us at Sign up for my FREE CyberGuy ReportGet my best tech tips, urgent security alerts and exclusive deals delivered straight to your inbox. Plus, you'll get instant access to my Ultimate Scam Survival Guide — free when you join my Copyright 2025 All rights reserved.
CNN
29 minutes ago
- CNN
On GPS: Bill Gates on navigating the future of AI
This week, the White House announced its plan to make America the world leader in artificial intelligence — largely by scaling back regulations. Fareed sits down with Microsoft cofounder and philanthropist Bill Gates to talk about how he sees the present and future of AI.
