Constellation Energy Corporation (CEG), headquartered in Baltimore, Maryland, produces and sells energy products and services. With a market cap of $113.8 billion, the company generates and distributes nuclear, hydro, wind, and solar energy solutions serving homes, institutional customers, public sectors, community aggregations, and businesses.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and CEG perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the utilities - renewable industry. CEG’s growth is driven by its diverse energy portfolio, including nuclear, wind, solar, and hydroelectric assets.
Despite its notable strength, CEG slipped 11.7% from its 52-week high of $412.70, achieved on Oct. 15. Over the past three months, CEG stock gained 14%, outperforming the Utilities Select Sector SPDR Fund’s (XLU) 7.1% gains during the same time frame.
In the longer term, shares of CEG rose 62.9% on a YTD basis and climbed 43.8% over the past 52 weeks, considerably outperforming XLU’s YTD gains of 19.7% and 9.3% returns over the last year.
To confirm the bullish trend, CEG has been trading above its 50-day and 200-day moving averages since early May, experiencing some fluctuations.
CEG excels with the U.S.'s most significant nuclear fleet with a 22-gigawatt capacity. As AI drives energy demand, CEG's nuclear power positions it perfectly, delivering about 58% returns in 2025. The company has secured multiple agreements with AI hyperscalers, notably a 20-year deal with Microsoft Corporation (MSFT), which boosted its shares by over 22% and underscores the company’s strategic positioning in the market.
On Nov. 7, CEG shares closed up more than 2% after reporting its Q3 results. Its adjusted EPS increased 10.9% year over year to $3.04. The company’s revenue stood at $6.6 billion, up marginally from the year-ago quarter.
CEG’s rival, Brookfield Renewable Partners L.P. (BEP) shares lagged behind the stock, with a 25.9% gain on a YTD basis and a 9% rise over the past 52 weeks.
Wall Street analysts are reasonably bullish on CEG’s prospects. The stock has a consensus “Moderate Buy” rating from the 17 analysts covering it, and the mean price target of $401.88 suggests a potential upside of 10.3% from current price levels.
On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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