Stock Futures Rise as Micron Director Buys $7.8M Shares Amid Tech Rally
Written by Emily J. Thompson, Senior Investment Analyst
Source: seekingalpha
- Micron Insider Purchase: Micron's director Teyin Liu purchased 23,200 shares for a total of $7.8 million at prices between $336.63 and $337.50, increasing his direct ownership to 25,910 shares, which boosts market confidence in the company's future performance.
- Emergency Power Auction: The White House is expected to issue a directive proposing an emergency power auction for tech companies to bid on new power plants, driving a 2.4% increase in shares of Constellation Energy, indicating positive policy support for the energy sector.
- Ralph Lauren Board Appointment: Ralph Lauren appointed Cesar Conde, Chairman of NBCUniversal News Group, to its Board of Directors, expanding the board to 12 members, aimed at strengthening corporate governance and enhancing market trust.
- QXO Public Offering: QXO priced its public offering of approximately 31.65 million shares at $23.80 each, expected to close on January 20, 2026, providing necessary funding for future growth despite a 4.6% drop in stock price.
Analyst Views on CEG
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
8 Buy
3 Hold
0 Sell
Moderate Buy
Current: 330.380
Low
347.00
Averages
403.30
High
478.00
Current: 330.380
Low
347.00
Averages
403.30
High
478.00
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.
