Constellation Energy
CEG

$173.11

2%

Market Cap: $54.1B

About: Constellation Energy Corp offers energy solutions. It provides clean energy and sustainable solutions to homes, businesses, the public sector, community aggregations, and a range of wholesale customers (such as municipalities, cooperatives, and other strategics). The company offers comprehensive energy solutions and a variety of pricing options for electric, natural gas, and renewable energy products for companies of any size.

Employees: 13,871

Utilities Electric Services

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 9 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

164% more first-time investments, than exits

New positions opened: 214 | Existing positions closed: 81

107% more funds holding in top 10

Funds holding in top 10: 14 [Q1] → 29 (+15) [Q2]

36% more repeat investments, than reductions

Existing positions increased: 483 | Existing positions reduced: 356

12% more funds holding

Funds holding: 1,146 [Q1] → 1,279 (+133) [Q2]

6% more capital invested

Capital invested by funds: $48.1B [Q1] → $50.9B (+$2.79B) [Q2]

3% less call options, than puts

Call options by funds: $637M | Put options by funds: $658M

1.7% less ownership

Funds ownership: 82.26% [Q1] → 80.55% (-1.7%) [Q2]

See Fund Rankings

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$189

9%

upside

Avg. target

$221

28%

upside

High target

$249

44%

upside

9 analyst ratings

6 positive

67%

3 neutral

33%

0 negative

0%

B of A Securities Paul Zimbardo 100% 1-year accuracy 2 / 2 met price target	20%upside $208	Neutral Maintained	29 Aug 2024
Morgan Stanley David Arcaro 58% 1-year accuracy 25 / 43 met price target	35%upside $233	Overweight Maintained	23 Aug 2024
Mizuho Anthony Crowdell 70% 1-year accuracy 23 / 33 met price target	9%upside $189	Neutral Maintained	14 Aug 2024
Barclays Nicholas Campanella 93% 1-year accuracy 38 / 41 met price target	22%upside $211	Overweight Initiated	8 Aug 2024
UBS Ross Fowler 50% 1-year accuracy 3 / 6 met price target	33%upside $230	Buy Maintained	7 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 8 articles about CEG published over the past 30 days

Small nuclear reactors could power the future — the challenge is building the first one in the U.S.

New nuclear plant designs, called small modular reactors, could speed deployment of carbon-free power in the future as electricity demand rises. These small reactors would have simpler designs, making them easier and cheaper to build than current plants.

Small nuclear reactors could power the future — the challenge is building the first one in the U.S.

Constellation Energy: Get Paid For Reliable Capacity (Rating Upgrade)

Constellation Energy's stock has pulled back despite positive fundamentals, including earnings estimate increases since February of 35% for 2023 and 55% for 2030. The PJM capacity market's skyrocketing prices significantly benefit Constellation, boosting EPS forecasts by $0.25 in 2025 and $1.25 in 2026. With some analysts expecting capacity prices to double again in the next auction, there is even more upside potential for earnings.

Constellation Energy: Get Paid For Reliable Capacity (Rating Upgrade)

Zacks Investment Research

Constellation Energy Corporation (CEG) Recently Broke Out Above the 50-Day Moving Average

From a technical perspective, Constellation Energy Corporation (CEG) is looking like an interesting pick, as it just reached a key level of support. CEG recently overtook the 50-day moving average, and this suggests a short-term bullish trend.

Constellation Energy Corporation (CEG) Recently Broke Out Above the 50-Day Moving Average

Zacks Investment Research

Constellation Energy Shares Gain 86.4% in a Year: Should You Buy?

CEG is an ideal stock to have in your portfolio, given its rising earnings estimates and higher returns.

Constellation Energy Shares Gain 86.4% in a Year: Should You Buy?

Rate Cuts a Near Certainty: 3 Stocks You Might Have Missed

With cooling inflation and moderating economic growth, the current economic environment strongly suggests that the Federal Reserve is on the verge of cutting interest rates. Market analysts are currently pricing an 80% chance of a rate cut.

Rate Cuts a Near Certainty: 3 Stocks You Might Have Missed

These Stocks Could Benefit From AI-Driven Power Demand, Mizuho Analysts Say

Power demand for data centers in the U.S. is expected to triple by 2030, fueled by artificial intelligence (AI) applications, Mizuho Research analysts said.

These Stocks Could Benefit From AI-Driven Power Demand, Mizuho Analysts Say

Schaeffers Research

Energy Stock with Support in Place

Subscribers to Schaeffer's Weekend Trader options recommendation service received this CEG commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.

Energy Stock with Support in Place

Zacks Investment Research

Constellation Energy Corporation (CEG) Is Considered a Good Investment by Brokers: Is That True?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Constellation Energy Corporation (CEG) Is Considered a Good Investment by Brokers: Is That True?

Zacks Investment Research

Constellation Energy Corporation (CEG) Upgraded to Strong Buy: Here's Why

Constellation Energy Corporation (CEG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Constellation Energy Corporation (CEG) Upgraded to Strong Buy: Here's Why

Nuclear Power Giant's Shares Jump on Raised Full-Year Guidance

Constellation Energy NASDAQ: CEG is an energy stock that has benefited significantly from the artificial intelligence rally, with a total return of 57% so far in 2024. The fact that about 67% of the company's energy-producing capacity is from nuclear power plants has spearheaded its rise.

Nuclear Power Giant's Shares Jump on Raised Full-Year Guidance

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