Constellation Energy Corp's stock is down 5.04% in pre-market trading, hitting a 5-day low amid a generally positive market environment where the Nasdaq-100 is up 0.45% and the S&P 500 is up 0.16%.
The decline comes despite the White House's proposal for an emergency power auction aimed at alleviating grid pressure from AI data centers, which is expected to benefit energy producers like Constellation Energy. This initiative is designed to enhance energy supply and curb price hikes, indicating strong policy support for the energy sector. However, the stock's performance suggests sector rotation as investors may be reallocating their investments in response to broader market trends.
This situation highlights the challenges Constellation Energy faces despite favorable policy developments. The company's partnership with Microsoft to revive a nuclear plant for AI data centers positions it well for future demand, but current market dynamics are impacting its stock performance.
Wall Street analysts forecast CEG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CEG is 403.30 USD with a low forecast of 347.00 USD and a high forecast of 478.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
Wall Street analysts forecast CEG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CEG is 403.30 USD with a low forecast of 347.00 USD and a high forecast of 478.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Buy
3 Hold
0 Sell
Moderate Buy
Current: 341.200
Low
347.00
Averages
403.30
High
478.00
Current: 341.200
Low
347.00
Averages
403.30
High
478.00
TD Cowen
Buy
initiated
$440
Al Analysis
2026-01-09
Reason
TD Cowen
Price Target
$440
Al Analysis
2026-01-09
initiated
Buy
Reason
As previously reported, TD Cowen initiated coverage of Constellation Energy with a Buy rating and $440 price target. The firm cautions that regulatory risk remains elevated, but believes the Calpine integration provides "a compelling opportunity" for contracting and deals will continue to be signed through 2026 above forward curve prices. Gas PPA deals offer "intriguing upside potential" on top of Constellation's existing nuclear fleet, the analyst added.
TD Cowen
Shelby Tucker
Buy
initiated
$440
2026-01-08
Reason
TD Cowen
Shelby Tucker
Price Target
$440
2026-01-08
initiated
Buy
Reason
TD Cowen analyst Shelby Tucker initiated coverage of Constellation Energy with a Buy rating and $440 price target.
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UBS
Buy
maintain
$385 -> $420
2025-12-17
Reason
UBS
Price Target
$385 -> $420
2025-12-17
maintain
Buy
Reason
UBS raised the firm's price target on Constellation Energy to $420 from $385 and keeps a Buy rating on the shares.
JPMorgan
Overweight
downgrade
$422 -> $410
2025-12-16
Reason
JPMorgan
Price Target
$422 -> $410
2025-12-16
downgrade
Overweight
Reason
JPMorgan lowered the firm's price target on Constellation Energy to $410 from $422 and keeps an Overweight rating on the shares. The firm updated the company's model post the Q3 report.
About CEG
Constellation Energy Corporation is a producer of emissions-free energy and an energy supplier to businesses, homes and public sector customers nationwide. The Company’s nuclear, hydro, wind, and solar generation facilities have the generating capacity to power the equivalent of 27 million homes, providing about 10% of the nation’s clean energy. Its segments include Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. Through its integrated business operations, it sells electricity, natural gas, and other energy-related products and sustainable solutions to various types of customers, including distribution utilities, municipalities, cooperatives, commercial, industrial, public sector, and residential customers in markets across multiple geographic regions. It operates approximately 55 gigawatts of capacity from nuclear, natural gas, geothermal, hydro, wind and solar facilities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
