Nuclear Stocks: Cameco Shares Jump 5% & Constellation Energy Reports Tomorrow Morning

Photo of Eric Bleeker
By Eric Bleeker Published

Quick Read

  • Cameco (CCJ) beat earnings on February 13th and has seen shares rebound since. Constellation Energy is up 1.65% across the past week but faces a big test tomorrow morning when it reports Q4 earnings.

  • Cameco’s 49% Westinghouse stake delivered $780M CAD EBITDA, up 61% from 2024.

  • Constellation (CEG) rose on data center power deals while NuScale (SMR) fell 12.58% on weak sentiment.

  • It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started. See for yourself (Sponsor)
    DISCLOSURE:
    INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(www.finra.org)/SIPC(www.sipc.org). Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov. Probability of Member receiving $1,000 is a probability of 0.026%; If you don’t make a selection in 30 days, you’ll no longer qualify for the promo. Customer must fund their account with a minimum of $50.00 to qualify. Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees. Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA(www.finra.org) /SIPC(www.sipc.org). There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event. Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options  Investing in an Initial Public Offering (IPO) involves substantial risk, including the risk of loss. Further, there are a variety of risk factors to consider when investing in an IPO, including but not limited to, unproven management, significant debt, and lack of operating history. For a comprehensive discussion of these risks please refer to SoFi Securities’ IPO Risk Disclosure Statement This should not be considered a recommendation to participate in IPOs and investors should carefully read the offering prospectus to determine whether an offering is consistent with their investment objectives, risk tolerance, and financial situation. New offerings generally have high demand and there are a limited number of shares available for distribution to participants. Many customers may not be allocated shares and share allocations may be significantly smaller than the shares requested in the customer’s initial offer (Indication of Interest). For more information on the allocation process please visit IPO Allocation.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Nuclear Stocks: Cameco Shares Jump 5% & Constellation Energy Reports Tomorrow Morning

© 24/7 Wall St.

This week has started out poorly for nuclear stocks with Vistra down 3.1%, Constellation down 1.2%, and Cameco 2.4% as of 2:40 p.m. ET.

The past week saw the market split in performance. Camerco rose 5% while NuScale shares were hammered. In the background, the S&P 500 barely budged. Let’s dive into the biggest storylines driving the nuclear sector in the past week. Cameco surged on earnings momentum, NRG quietly outpaced the sector, and NuScale was hit hard by retail skepticism.

Nuclear Stock Performance Across the Past Week

Ticker Company Weekly Change YTD Change
CCJ Cameco +5.08% +29.66%
NRG NRG Energy +3.39% +12.26%
CEG Constellation Energy +1.65% -17.00%
VST Vistra -1.99% +4.18%
SMR NuScale Power -12.58% -11.71%
SPY S&P 500 +0.15% +0.13%

Cameco Earns Its Surge: A Blowout Quarter Finally Gets Priced In

Cameco reported its Q4 2025 results on February 13, 2026, and the numbers were stunning. EPS came in at $0.37 (note: all figures adjusted to USD unless otherwise stated), beating consensus estimates by 14%. Revenue of $877 million was a 9% surprise.

The stock actually dipped initially after the report — classic post-earnings profit-taking — before recovering through the week. From the filing price of $118.36, shares fell to $112.94 the following day before climbing back to $121.35 by February 20. By February 23, the stock sat at $118.63, still up over 5% from where the week began.

What drove the full-year strength? Cameco’s Westinghouse investment — in which it holds a 49% stake — delivered $780 million CAD in adjusted EBITDA, up 61% from 2024. Uranium realized prices rose 9% to $91.44 CAD per pound. Full-year net earnings hit $590 million CAD, up from just $172 million in 2024.

CEO Tim Gitzel captured the longer arc well:

“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.”

— Tim Gitzel, CEO of Cameco

Reddit sentiment on CCJ leaned bullish heading into the week, with a monthly score of 77.6 and a quarterly score of 83.1, driven by posts framing uranium and rare earths as strategic materials on the verge of a breakout. The retail crowd was already constructive — the earnings just gave them confirmation.

Constellation Gets a Lift From Data Center Deals

Constellation gained 1.65% on the week, with shares rising to $293.20. The catalyst was a wave of coverage around direct power agreements between nuclear generators and data centers, with Constellation specifically cited in connection with a significant deal with CyrusOne. Wells Fargo maintained its Buy rating with a $460 price target, and Barclays held its Buy rating as well.

The broader theme is hard to ignore. Utilities like Southern Company raised their capital spending plans by 7% due to data center demand, and Evergy boosted its capital plan by 24% to $21.6 billion after inking contracts with Google and Meta. That tailwind lifts all power generators — and Constellation, as the largest nuclear operator in the US, sits at the center of it.

Still, context matters. Constellation is down 17% year-to-date after a strong run in prior years. The pending Calpine acquisition adds strategic scale but also complexity. Constellation Energy reports earnings tomorrow morning with analysts expecting adjusted earnings of $2.25 per share.

 

Photo of Eric Bleeker, CFA
About the Author Eric Bleeker, CFA →

Eric Bleeker has been investing for more than 20 years. He began his career working at Microsoft before joining Motley Fool, one of the largest publishers of financial research. In his 15 years at Motley Fool Eric served as the General Manager for Fool.com and led coverage in the Technology & Telecom sector. In addition, he was a featured columnist and has hosted dozens of investing seminars attended by more than a million total investors. Eric has more than 1,000 financial bylines to his name and has been featured in The Wall Street Journal, CNBC, Fox Business, and many other leading publications. He is currently focused on artificial intelligence investing and is a CFA Charterholoder.

Continue Reading

Top Gaining Stocks

DXCM Vol: 1,727,168
INTU Vol: 562,345
FDS Vol: 106,751
CHRW Vol: 426,361
SCHW Vol: 2,699,958

Top Losing Stocks

CTRA Vol: 73,319,495
F Vol: 34,043,948
INTC Vol: 43,356,191
SMCI Vol: 8,571,333
COIN Vol: 3,520,406