Constellation Energy (CEG)

• Market cap: $66.5B
• 1 day: 2.34%
• 5 days: -14.77%
• 1 month: -31.39%
• 3 months: -11.39%
• 6 months: 21.51%
• Year to date: -12.39%
• 1 year: 18.35%
• 5 years: 406.05%
• 10 years: 406.05%
• Sector: Utilities
• Industry: Electric Services

About: Constellation Energy Corp producer of carbon-free energy and a supplier of energy products and services. The company offers generating capacity that includes nuclear, wind, solar, natural gas, and hydroelectric assets. It sells electricity, natural gas, and other energy-related products and sustainable solutions to various types of customers, including distribution utilities, municipalities, cooperatives, and commercial, industrial, public sector, and residential customers in markets across multiple geographic regions. Its operating segments and reporting units are Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions.

Employees: 14,264

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

106% more first-time investments, than exits

New positions opened: 249 | Existing positions closed: 121

57% more repeat investments, than reductions

Existing positions increased: 626 | Existing positions reduced: 398

7% more funds holding

Funds holding: 1,404 [Q3] → 1,500 (+96) [Q4]

0.53% less ownership

Funds ownership: 81.21% [Q3] → 80.68% (-0.53%) [Q4]

13% less capital invested

Capital invested by funds: $65.3B [Q3] → $56.8B (-$8.54B) [Q4]

42% less funds holding in top 10

Funds holding in top 10: 48 [Q3] → 28 (-20) [Q4]

46% less call options, than puts

Call options by funds: $1.19B | Put options by funds: $2.21B

Research analyst outlook

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

• Low target: $258 21% upside
• Avg. target: $305 44% upside
• High target: $375 76% upside

7 analyst ratings

• positive: 5 71%
• neutral: 2 29%
• negative: 0 0%

Citigroup Ryan Levine 60% 1-year accuracy 3 / 5 met price target	57% upside $334	Neutral Maintained	19 Feb 2025
Jefferies Paul Zimbardo 86% 1-year accuracy 6 / 7 met price target	29% upside $274	Hold Maintained	14 Jan 2025
Wells Fargo Neil Kalton 64% 1-year accuracy 34 / 53 met price target	76% upside $375	Overweight Maintained	13 Jan 2025
Keybanc Sophie Karp 71% 1-year accuracy 29 / 41 met price target	59% upside $337	Overweight Maintained	13 Jan 2025
Evercore ISI Group Durgesh Chopra 54% 1-year accuracy 13 / 24 met price target	21% upside $258	Outperform Maintained	3 Jan 2025