Are Wall Street Analysts Bullish on Constellation Energy Stock?
From Nasdaq: 2025-05-09 11:13:00
Constellation Energy Corporation (CEG) based in Baltimore, Maryland, is a major energy producer with a market cap of $84 billion, providing nuclear, hydro, wind, and solar energy solutions. CEG stock has outperformed the S&P 500, gaining 30.1% in the past year and 21% in 2025 alone, compared to SPX’s 3.7% decline.
CEG’s recent success is attributed to the acquisition of Calpine, enhancing its clean energy portfolio and positioning it as the largest firm in the nation. A 20-year power purchase agreement with Microsoft boosts growth prospects. After reporting Q1 results with an EPS of $2.14 and revenue of $6.8 billion, CEG shares surged by more than 10%.
Analysts forecast CEG’s EPS to grow by 10.2% to $9.55 for the current fiscal year, with a history of beating estimates. The consensus among 16 analysts is a “Strong Buy,” with a mean price target of $302.13, representing an 11.7% premium to current levels and a high target of $385, suggesting a 42.3% upside potential.
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