Constellation Energy Corp

Constellation Energy Corp. engages in the generation, supply, and marketing of clean energy electricity, and renewable energy products and solutions. It operates under the following geographical segments: Mid-Atlantic, Midwest, New York, Texas, and Other Power Regions Segment. The company is headquartered in Baltimore, MD.

Earnings data Q2 2022

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Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Constellation Energy Corp excels in clean energy production and financial performance, poised for strategic growth

Constellation Energy Corp showcased strong performance in clean energy production and financial metrics, driven by operational excellence and sustainability commitments.
While facing challenges such as higher fuel prices and market uncertainties, the company is strategically positioned to capitalize on growth opportunities in nuclear upgrades and hydrogen production.
With a focus on disciplined capital allocation and strategic decision-making, Constellation is poised for continued success in advancing environmentally beneficial projects and maximizing shareholder value.

Constellation Energy Corp surpasses Q1 expectations, eyes clean energy growth

Constellation Energy Corp excelled in Q1 2023 with strong financial performance and operational achievements. The company's focus on clean energy, strategic financial decisions, and readiness for growth position it well for the future. Challenges include managing inflationary pressures and optimizing capital allocation.

Constellation Energy Corp excels in Q2, eyes growth opportunities

Constellation Energy Corp's strong performance, strategic strengths, and growth opportunities position the company well for future success.
While facing challenges such as regulatory uncertainties and financial complexities, Constellation's focus on sustainability and nuclear energy remains a key differentiator.
The company's commitment to shareholder returns, operational stability, and innovation underscores its resilience and long-term vision.

Constellation Energy Corp reports strong Q3 earnings and strategic growth

Constellation Energy Corp's Q3 performance reflects strong financial results and strategic growth initiatives.
While facing challenges in a competitive market, the company's focus on sustainability and shareholder value creation remains a strength.
Excitement about current opportunities and plans for strategic exploration position Constellation Energy for future growth and adaptability.

Constellation Energy Corp (CEG) exceeds 2023 guidance, eyes growth opportunities

Constellation Energy Corp (CEG) delivered strong financial performance, highlighted by exceeding guidance and a positive outlook for 2024. The company's focus on nuclear energy and disciplined capital deployment positions them well for growth opportunities. Challenges include managing increased expenses and optimizing retail power margins, but opportunities lie in capital return, investments, and portfolio growth.

Constellation Energy Corp excels in Q1, eyes clean energy growth

Constellation Energy Corp's Q1 2024 call emphasized strong financials, clean energy focus, and strategic growth plans. Challenges include regulatory hurdles and lengthy timelines for data center projects. Opportunities lie in nuclear innovation, technology partnerships, and sustainable growth strategies.

Constellation Energy Corp reports strong Q2 earnings and pursues data center growth opportunities

Constellation Energy Corp (CEG) delivered strong financial results, raised earnings guidance, and emphasized its commitment to sustainable energy solutions. The company's focus on data center opportunities and colocation strategies reflects its proactive approach to evolving market dynamics.

Constellation Energy Corp reports strong Q3 earnings and growth outlook

Constellation Energy Corp's Q3 performance reflects strong earnings and a positive outlook for future growth.
The company's strategic focus on clean energy, colocation, and AI development aligns with market trends and opportunities.
While facing challenges in regulatory compliance and market dynamics, Constellation is well-positioned to leverage its strengths for continued success.

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Constellation Energy Corp. engages in the generation, supply, and marketing of clean electricity, and renewable energy products and solutions. The firm also offers wholesale energy, retail products and services. It operates under the following geographical segments: Mid-Atlantic, Midwest, New York, Electric Reliability Council of Texas (ERCOT), and Other Power Regions Segment. The company was founded in 1960 and is headquartered in Baltimore, MD.

The Constellation Energy Corporation (NASDAQ: CEG) stock price went parabolic on Friday, reaching its highest point on record after inking a deal with Microsoft, the second-biggest company in the world.  CEG shares surged to a high of $254, bringing the year-to-date gains to 120%, making it one of the best-performing companies in Wall Street.

Constellation Energy stock surged: brace for a pullback

Demand for data center services is on the rise thanks to the AI boom. Technology companies such as Nvidia are seen as leading data center players.

Forget Nvidia: This Other Stock May End Up Being the Most Important Data Center Opportunity of All, and It's Not a Technology Company

Microsoft

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Constellation Energy said Friday it plans to restart a nuclear reactor at Three Mile Island.

Uranium ETFs rally amid plans to revive nuclear reactor in Microsoft agreement

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Constellation has a new nuclear-power deal with Microsoft. Both Constellation and Vistra shares have more than doubled this year on optimism for data-center power deals.

Why Constellation Energy and Vistra shares are building on massive gains

News that Constellation Energy (CEG) plans to bring Pennsylvania's Three Mile Island out of mothballs to provide "clean" energy for Microsoft (MSFT) sent Constellation's shares to an all-time high.

Constellation Energy Stock Jumps on Plan to Restart Three Mile Island Site With Microsoft

Constellation Energy Group plans to reopen Three Mile Island Unit 1. The electric utility will use the nuclear power plant to generate electricity for Microsoft server farms.

Why Constellation Energy, NuScale Power, Nano Nuclear, and Oklo Stocks All Popped Today

Shares of Constellation Energy Corp (NASDAQ: CEG) surged in premarket trading this morning following the announcement of its largest-ever power purchase agreement with Microsoft Corp. The Baltimore-based energy giant plans to reactivate its long-dormant Three Mile Island nuclear plant to meet the increasing energy demands driven by artificial intelligence, particularly for Microsoft's data centers.

Constellation Energy stock soars on landmark power purchase agreement with Microsoft

Constellation Energy announced a deal with Microsoft Friday to provide nuclear power to the tech giant for 20-years.

S&P 500 Nuclear Leader Inks 20-Year Microsoft Deal Spurring Three Mile Island Restart

The site is the location of the worst commercial U.S. nuclear plant accident in history in 1979.

Microsoft to Tap Energy From Three Mile Island. Constellation Stock Is Rising.

Constellation Energy to restart Three Mile Island nuclear plant and sell the power to Microsoft

LONDONDERRY, Pa.--(BUSINESS WIRE)--Constellation signed an agreement with Microsoft that will pave the way for the launch of the Crane Clean Energy Center.

Constellation to Launch Crane Clean Energy Center, Restoring Jobs and Carbon-free Power to the Grid

BALTIMORE--(BUSINESS WIRE)--Constellation's 21 nuclear reactors at 12 sites from the Midwest to the Mid-Atlantic and Northeast ran at nearly full power this summer.

Constellation's Clean Energy Centers Faced Climate Crisis Head-On With Near Full Power Summer Performance

In the most recent trading session, Constellation Energy Corporation (CEG) closed at $189.93, indicating a +1.43% shift from the previous trading day.

Constellation Energy Corporation (CEG) Exceeds Market Returns: Some Facts to Consider

Constellation Energy has strong nuclear capacity and IPP status, benefiting from rising electricity demand driven by AI and climate change. CEG's 10% earnings growth guidance is conservative, with potential upside from higher electricity prices and data center PPAs. I rate CEG a Hold due to moderate growth and topped valuation, preferring VST and TLN for better potential.

Constellation Energy: Hold For Higher Electricity Prices

Constellation Energy's explosive growth is driven by a perfect storm of reduced supply, surging demand, and regulatory bottlenecks, leading to high grid auction prices. A significant portion of CEG's earnings growth is due to one-time factors, making the current 24X forward multiple appear overvalued. Future grid auction prices are expected to normalize, reducing CEG's projected 2026 earnings from $9.47 to a stabilized $8.22 per share.

Constellation Is Strong But Overpriced Relative To Peers

Dominion Energy

NuScale Power Corp

Southern Company

New nuclear plant designs, called small modular reactors, could speed deployment of carbon-free power in the future as electricity demand rises. These small reactors would have simpler designs, making them easier and cheaper to build than current plants.

Small nuclear reactors could power the future — the challenge is building the first one in the U.S.

Constellation Energy's stock has pulled back despite positive fundamentals, including earnings estimate increases since February of 35% for 2023 and 55% for 2030. The PJM capacity market's skyrocketing prices significantly benefit Constellation, boosting EPS forecasts by $0.25 in 2025 and $1.25 in 2026. With some analysts expecting capacity prices to double again in the next auction, there is even more upside potential for earnings.

Constellation Energy: Get Paid For Reliable Capacity (Rating Upgrade)

From a technical perspective, Constellation Energy Corporation (CEG) is looking like an interesting pick, as it just reached a key level of support. CEG recently overtook the 50-day moving average, and this suggests a short-term bullish trend.

Constellation Energy Corporation (CEG) Recently Broke Out Above the 50-Day Moving Average

CEG is an ideal stock to have in your portfolio, given its rising earnings estimates and higher returns.

Constellation Energy Shares Gain 86.4% in a Year: Should You Buy?

PayPal

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With cooling inflation and moderating economic growth, the current economic environment strongly suggests that the Federal Reserve is on the verge of cutting interest rates. Market analysts are currently pricing an 80% chance of a rate cut.

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Power demand for data centers in the U.S. is expected to triple by 2030, fueled by artificial intelligence (AI) applications, Mizuho Research analysts said.

These Stocks Could Benefit From AI-Driven Power Demand, Mizuho Analysts Say

Subscribers to Schaeffer's Weekend Trader options recommendation service received this CEG commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.

Energy Stock with Support in Place

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Constellation Energy Corporation (CEG) Is Considered a Good Investment by Brokers: Is That True?

Constellation Energy Corporation (CEG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

News for Constellation Energy Corp Stock (CEG)