Constellation Energy
CEG

$175.04

2.71%

Market Cap: 55.2B

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 6,702 funds

0

Analysts bullish %

of 19 analysts

0

News positive %

of 28 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

150% more first-time investments, than exits

New positions opened: 262 | Existing positions closed: 105

100% more funds holding in top 10

Funds holding in top 10: 7 [Q4 2023] → 14 (+7) [Q1 2024]

55% more capital invested

Capital invested by funds: $30.4B [Q4 2023] → $47.2B (+$16.8B) [Q1 2024]

31% more call options, than puts

Call options by funds: $481M | Put options by funds: $368M

16% more funds holding

Funds holding: 978 [Q4 2023] → 1,135 (+157) [Q1 2024]

0.77% less ownership

Funds ownership: 81.55% [Q4 2023] → 80.78% (-0.77%) [Q1 2024]

12% less repeat investments, than reductions

Existing positions increased: 324 | Existing positions reduced: 368

See Fund Rankings

Research analyst outlook

19 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$141

19%

downside

Avg. target

$208

19%

upside

High target

$250

43%

upside

19 analyst ratings

15 positive

79%

4 neutral

21%

0 negative

0%

Morgan Stanley David Arcaro	38%upside $241	Overweight Maintained	24 Jun 2024
UBS Ross Fowler	42%upside $249	Buy Maintained	18 Jun 2024
RBC Capital Shelby Tucker	25%upside $218	Sector Perform Reiterated	12 Jun 2024
B of A Securities Paul Zimbardo	31%upside $230	Neutral Maintained	30 May 2024
Morgan Stanley David Arcaro	35%upside $237	Overweight Maintained	28 May 2024

See Analyst Rankings

Financial journalist opinion

Based on 28 articles about CEG published over the past 30 days

Constellation Energy: Solid Growth Outlook, But Too Overvalued

Strong Q1 2024 results, with a significant increase in their adjusted operating revenue, and net income per share. The stock has dropped 29% since May, indicating a healthy, and necessary correction to bring the price back to more sustainable levels. Another $1 billion for share buybacks was approved at the end of April, increasing the total authorization to $1.5 billion since 2023.

Constellation Energy: Solid Growth Outlook, But Too Overvalued

Zacks Investment Research

Constellation Energy Corporation (CEG) is Attracting Investor Attention: Here is What You Should Know

Zacks.com users have recently been watching Constellation Energy Corporation (CEG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Constellation Energy Corporation (CEG) is Attracting Investor Attention: Here is What You Should Know

3 Record-Breaking Stocks With More Upside Ahead

2024 has been a great year for U.S. indices, with the benchmark S&P 500 posting new all-time highs 38 times so far. The rally has been primarily driven by the tech sector, focusing on artificial intelligence (AI).

3 Record-Breaking Stocks With More Upside Ahead

Constellation Energy: Shares Cheap, Buying The Dip On Nuclear Power

Constellation Energy's recent dip presents a buying opportunity for investors, trading below fair value. The company leads in nuclear power generation and is well-positioned to capitalize on increasing demand for electricity from AI data centers and electric vehicles. Valuation model suggests a fair value of $214.53 with a 23% upside, but risks include market hype, inflation, and refueling downtime.

Constellation Energy: Shares Cheap, Buying The Dip On Nuclear Power

Constellation Energy: We Need Clean, Stable, Cheap Energy, And Nuclear Is The Future

Nuclear energy leadership: CEG is the leading nuclear power operator in the US, providing efficient and stable clean energy production, which positions it well to meet growing demand from AI. Government support: The company benefits from government subsidies through the Nuclear Production Tax Credit (PTC), which helps maintain profitability despite fluctuations in uranium prices. Growth potential: CEG's involvement in the Hydrogen Hub project and its strategic position to supply clean energy to AI data centers present significant growth opportunities, supporting a strong buy recommendation.

Constellation Energy: We Need Clean, Stable, Cheap Energy, And Nuclear Is The Future

Zacks Investment Research

Constellation Energy Corporation (CEG) Loses -16.75% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

The heavy selling pressure might have exhausted for Constellation Energy Corporation (CEG) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Constellation Energy Corporation (CEG) Loses -16.75% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Zacks Investment Research

Is It Worth Investing in Constellation Energy Corporation (CEG) Based on Wall Street's Bullish Views?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Is It Worth Investing in Constellation Energy Corporation (CEG) Based on Wall Street's Bullish Views?

Zacks Investment Research

Alternative Energy Likely to Flourish in Near Future: 5 Picks

We have narrowed our search to five alternative energy stocks. These are: CEG, NEP, CWEN, CRGY, TRP.

Alternative Energy Likely to Flourish in Near Future: 5 Picks

The Motley Fool

This Utilities Stock Beat the S&P 500 in the First Half of 2024. Is It Still a Buy?

Constellation Energy significantly outperformed the S&P 500 and other utility stocks. Investors bid up the company's stock due to its strong growth forecast (and potential AI-related accelerator).

This Utilities Stock Beat the S&P 500 in the First Half of 2024. Is It Still a Buy?

Zacks Investment Research

Constellation Energy Corporation (CEG) Falls More Steeply Than Broader Market: What Investors Need to Know

Constellation Energy Corporation (CEG) concluded the recent trading session at $189.87, signifying a -0.29% move from its prior day's close.

Constellation Energy Corporation (CEG) Falls More Steeply Than Broader Market: What Investors Need to Know

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