CEG Stock Analysis: Constellation Energy | NASDAQ
Utilities - Independent Power Producers | NASDAQ, USA | Market Cap: 98.738m USD | 12M Return: -12.9% | US21037T1097 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 733M
EPS Trend: 93.7%
Qual. Beats: 1
Rev. Trend: 64.6%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 4.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Constellation Energy Corporation is a U.S.-based energy producer and retailer operating through five regional segments: Mid-Atlantic, Midwest, New York, ERCOT (Texass competitive power grid), and Other Power Regions. The company sells electricity, natural gas, energy-related products, and sustainable solutions to a broad customer base that includes distribution utilities, municipalities, cooperatives, and commercial, industrial, public sector, and residential customers. Its approximately 31,676 megawatts of generating capacity span nuclear, wind, solar, natural gas, and hydroelectric assets, with nuclear serving as a key baseload power source for the company. Unlike traditional regulated utilities, Constellation operates primarily as a competitive merchant power generator, selling wholesale and retail energy in deregulated markets. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland.
- Nuclear demand surges from AI data center power needs
- PJM capacity auction prices hit record highs
- Hyperscaler PPAs accelerate nuclear restart announcements
| Net Income: 3.48b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA 4.84 > 1.0 |
| NWC/Revenue: 18.61% < 20% (prev 11.99%; Δ 6.61% < -1%) |
| CFO/TA 0.04 > 3% & CFO 4.21b > Net Income 3.48b |
| Net Debt (23.6b) to EBITDA (8.48b): 2.78 < 3 |
| Current Ratio: 1.46 > 1.5 & < 3 |
| Outstanding Shares: last quarter (354.0m) vs 12m ago 12.74% < -2% |
| Gross Margin: 27.12% > 18% (prev 20.70%; Δ 6.42% > 0.5%) |
| Asset Turnover: 42.15% > 50% (prev 46.80%; Δ -4.65% > 0%) |
| Interest Coverage Ratio: 7.47 > 6 (EBIT TTM 5.85b / Interest Expense TTM 783.0m) |
| A: 0.06 (Total Current Assets 19.0b - Total Current Liabilities 13.0b) / Total Assets 98.3b |
| B: 0.08 (Retained Earnings 7.69b / Total Assets 98.3b) |
| C: 0.08 (EBIT TTM 5.85b / Avg Total Assets 75.6b) |
| D: 0.49 (Book Value of Equity 32.0b / Total Liabilities 65.9b) |
| Altman-Z'' = 1.68 = BB |
| DSRI: 1.03 (Receivables 4.66b/3.52b, Revenue 31.9b/24.8b) |
| GMI: 0.76 (GM 20.70% / 27.12%) |
| AQI: 0.93 (AQ_t 0.39 / AQ_t-1 0.41) |
| SGI: 1.28 (Revenue 31.9b / 24.8b) |
| TATA: -0.01 (NI 3.48b - CFO 4.21b) / TA 98.3b) |
| Beneish M = -3.05 (Cap -4..+1) = AA |
As of August 16, 2026, the stock is trading at USD 282.50 with a total of 1,946,397 shares traded. Over the past week, the price has changed by +4.67%, over one month by +10.17%, over three months by +2.79% and over the past year by -12.94%.
Current recommended Stop Loss: 270.40 (which is 4.3% or 1.2 ATR below the current price).
Constellation Energy has received a consensus analysts rating of 4.38. Therefore, it is recommended to buy CEG.
- StrongBuy: 10
- Buy: 2
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 350 | 23.9% |
P/E Trailing = 27.2414
P/E Forward = 22.9358
P/S = 3.1576
P/B = 2.9964
P/EG = 3.7418
Revenue TTM = 31.9b USD
EBIT TTM = 5.85b USD
EBITDA TTM = 8.48b USD
Long Term Debt = 19.1b USD (from longTermDebt, last quarter)
Short Term Debt = 5.59b USD (from shortTermDebt, last quarter)
Debt = 24.7b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 23.6b USD (calculated: Debt 24.7b - CCE 1.08b)
Enterprise Value = 122b USD (98.7b + Debt 24.7b - CCE 1.08b)
Interest Coverage Ratio = 7.47 (Ebit TTM 5.85b / Interest Expense TTM 783.0m)
EV/FCF = 396.0x (Enterprise Value 122b / FCF TTM 309.0m)
FCF Yield = 0.25% (FCF TTM 309.0m / Enterprise Value 122b)
FCF Margin = 0.97% (FCF TTM 309.0m / Revenue TTM 31.9b)
Net Margin = 10.91% (Net Income TTM 3.48b / Revenue TTM 31.9b)
Gross Margin = 27.12% ((Revenue TTM 31.9b - Cost of Revenue TTM 23.2b) / Revenue TTM)
Gross Margin QoQ = 16.39% (prev 42.89%)
Tobins Q-Ratio = 1.25 (Enterprise Value 122b / Total Assets 98.3b)
Interest Expense / Debt = 3.17% (Interest Expense 783.0m / Debt 24.7b)
Taxrate = 32.32% (1.65b / 5.11b)
NOPAT = 3.96b (EBIT 5.85b * (1 - 32.32%))
Current Ratio = 1.46 (Total Current Assets 19.0b / Total Current Liabilities 13.0b)
Debt / Equity = 0.77 (Debt 24.7b / totalStockholderEquity, last quarter 32.0b)
Debt / EBITDA = 2.78 (Net Debt 23.6b / EBITDA 8.48b)
Debt / FCF = 76.45 (Net Debt 23.6b / FCF TTM 309.0m)
Total Stockholder Equity = 23.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.60% (Net Income 3.48b / Total Assets 98.3b)
RoE = 14.75% (Net Income TTM 3.48b / Total Stockholder Equity 23.6b)
RoCE = 13.70% (EBIT 5.85b / Capital Employed (Equity 23.6b + L.T.Debt 19.1b))
RoIC = 4.41% (NOPAT 3.96b / Invested Capital 89.7b)
WACC = 10.06% (E(98.7b)/V(123b) * Re(12.04%) + D(24.7b)/V(123b) * Rd(3.17%) * (1-Tc(0.32)))
Discount Rate = 12.04% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 65.21 | Cagr: 4.88%
[DCF] Terminal Value 69.68% ; FCFF base≈309.0m ; Y1≈310.3m ; Y5≈328.7m
[DCF] Fair Price = N/A (negative equity: EV 3.96b - Net Debt 23.6b = -19.7b; debt exceeds intrinsic value)
EPS Correlation: 93.69 | EPS CAGR: 47.87% | SUE: 1.52 | # QB: 1
Revenue Correlation: 64.55 | Revenue CAGR: 7.44% | SUE: -0.16 | # QB: 0
EPS current Quarter (2026-09-30): EPS=3.69 | Chg30d=-2.38% | Revisions=-25% | Analysts=12
EPS current Year (2026-12-31): EPS=11.87 | Chg30d=+1.35% | Revisions=+40% | GrowthEPS=+26.4% | GrowthRev=+42.1%
EPS next Year (2027-12-31): EPS=13.32 | Chg30d=-1.92% | Revisions=+29% | GrowthEPS=+12.2% | GrowthRev=-3.2%
[Analyst] Revisions Ratio: +30% (up=5, down=2)