Wall Street's Attitude Toward Constellation Energy's Shares: Bullish or Bearish?
Constellation Energy Corporation (CEG) recently reported its Q2 results, showcasing impressive growth in both earnings and revenue. The company's adjusted EPS came in at $1.91, marking a 13.7% year-over-year increase, while revenue advanced 11.4% year over year to reach $6.1 billion[1].
CEG's stock has been on a roll this year, gaining about 51.3% year-to-date, outpacing the S&P 500's 7.9% gain[2]. The current price is around $331.49. Forecasts expect the stock to trade between $335.77 and $437.41 in 2025, with an average target around $372.44, implying about 12.35% upside from current prices[2].
CEG's strong performance is driven by its zero-carbon nuclear fleet, favourable clean energy credits, and growing demand from corporate buyers[6]. This is evident in the company's recent 20-year power agreement with Meta Platforms, Inc., reinforcing CEG's position as a top utility provider to tech giants[5].
The sentiment towards CEG is generally positive, with 15 analysts covering the stock giving a consensus "Moderate Buy" rating[6]. Notable analysts such as Jeremy Tonet from JPMorgan Chase & Co. (JPM) maintain a "Buy" rating on CEG with a price target of $390[4]. The mean price target of all analysts is $345.57, representing a 2.7% premium to CEG's current price levels[3]. However, the number of analysts suggesting a "Strong Buy" rating for CEG has decreased from 10 to 9 over the past two months[3].
Currently, the stock market sentiment is described as neutral with moderate volatility, but the Fear & Greed Index suggests some investor caution ("Fear"). The 14-day RSI is around 63, indicating mild momentum[2].
For the current fiscal year, ending in December, analysts expect CEG's EPS to grow 8.9% to $9.44 on a diluted basis[1]. Based on these projections, CEG, headquartered in Baltimore, Maryland, seems poised for continued growth and success.
[1] - CEG Q2 2025 Earnings Release [2] - Yahoo Finance [3] - Bloomberg [4] - JPMorgan Chase & Co. Research Report [5] - CEG Investor Relations [6] - FactSet Research Systems Inc.
Neha Panjwani did not have positions in any of the securities mentioned in the article at the time of publication.
The strong earnings growth and revenue increase reported by Constellation Energy Corporation (CEG) have attracted interest from investors, potentially due to the promising technology and business sectors they operate in. As analysts have maintained positive sentiments towards CEG, with targets suggesting up to 12.35% upside from current prices, it seems that the company's ongoing success in clean energy, favorable credentials, and corporate demand will continue to fuel investment opportunities in the finance and technology industries.
