Constellation Energy Corporation (NASDAQ: CEG) is being closely watched by AI investors. Mizuho analyst Paul Fremont raised the price target to $335.00 after the company reported Q2 earnings above estimates. The company is accelerating the restart of the Crane Energy Center and working on new hyperscaler contracts.

Analysts see more upside potential for CEG as they execute a $400m share repurchase and work on new hyperscaler deals. The company is making progress with a counterparty and seeing strong interest from multiple entities. Mizuho maintains a Neutral rating and raises the price target to $335.

Constellation Energy Corporation specializes in clean, carbon-free energy solutions. While CEG shows investment potential, some AI stocks may offer better opportunities. Investors seeking undervalued AI stocks can explore the report on the best short-term AI stock. Check out 10 AI Stocks Investors Are Watching Closely for more insights.

Read more at Yahoo Finance: Hyperscaler Deals Could Power Constellation Energy (CEG) Stock Higher