Constellation Energy signs 20-year nuclear power deal with Meta, showing potential for significant growth.
From Nasdaq: 2025-06-04 16:08:00
Constellation Energy (CEG) and Meta signed a 20-year nuclear power deal on June 3, solidifying their growth relationship. Despite this, Constellation’s stock fell after reaching all-time highs and now trades 13% below. The U.S. government and big tech are driving the nuclear energy revival, with Constellation leading the charge.
Constellation signed a 20-year nuclear power deal with Meta, following previous agreements with Microsoft and other tech giants. This move supports the revival of nuclear energy in the U.S. and aids in the development of AI technology. Constellation’s recent acquisitions and dividend growth highlight its position as a modern energy titan.
Constellation Energy raised its dividend by 10% in 2025, projecting double-digit long-term earnings growth. The company is expected to grow adjusted earnings by 9% in 2025 and 22% in 2026. Despite recent fluctuations, Constellation’s stock has soared over the past three years, presenting a long-term investment opportunity for investors.
Five stocks, including Constellation Energy, are set to double in 2024 according to Zacks experts. These stocks have the potential for significant growth, with previous recommendations seeing gains of over 100%. Investors can access more investment ideas and stock analysis through Zacks Investment Research for free reports and expert insights.
Read more at Nasdaq: Constellation’s Meta Deal: Why This Nuclear Stock is a Must Buy Now