CEG Stock Analysis: Constellation Energy | NASDAQ
Utilities - Independent Power Producers | NASDAQ, USA | Market Cap: 105.608m USD | 12M Return: -22.4% | US21037T1097 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 968M
EPS Trend: 93.7%
Qual. Beats: 1
Rev. Trend: 61.6%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 4.7 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 produces and sells energy products and services in the United States, operating through five geographic segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. The company is among the largest power generators in the U.S., with a diversified capacity portfolio spanning nuclear, wind, solar, natural gas, and hydroelectric assets.
Its customer base includes distribution utilities, municipalities, and cooperatives, alongside commercial, industrial, public sector, and residential customers. As an electric utility in the GICS classification, Constellation operates in a regulated and capital-intensive sector characterized by long-lived generation assets and stable, recurring demand. The company is headquartered in Baltimore, Maryland, and began trading publicly following its 2022 IPO after being incorporated in 2021.
- AI data center demand lifts wholesale power prices
- Calpine acquisition expands natural gas generation portfolio
- State clean energy laws support nuclear capacity payments
| Net Income: 3.46b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA 4.84 > 1.0 |
| NWC/Revenue: 19.62% < 20% (prev 11.99%; Δ 7.63% < -1%) |
| CFO/TA 0.04 > 3% & CFO 4.21b > Net Income 3.46b |
| Net Debt (23.6b) to EBITDA (7.90b): 2.99 < 3 |
| Current Ratio: 1.46 > 1.5 & < 3 |
| Outstanding Shares: last quarter (354.0m) vs 12m ago 12.74% < -2% |
| Gross Margin: 16.98% > 18% (prev 20.70%; Δ -3.72% > 0.5%) |
| Asset Turnover: 39.97% > 50% (prev 46.80%; Δ -6.83% > 0%) |
| Interest Coverage Ratio: 5.61 > 6 (EBIT TTM 4.39b / 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: 0.06 (EBIT TTM 4.39b / Avg Total Assets 75.6b) |
| D: 0.49 (Book Value of Equity 32.0b / Total Liabilities 65.9b) |
| Altman-Z'' = 1.55 = BB |
| DSRI: 1.09 (Receivables 4.66b/3.52b, Revenue 30.2b/24.8b) |
| GMI: 1.22 (GM 20.70% / 16.98%) |
| AQI: 0.93 (AQ_t 0.39 / AQ_t-1 0.41) |
| SGI: 1.22 (Revenue 30.2b / 24.8b) |
| TATA: -0.01 (NI 3.46b - CFO 4.21b) / TA 98.3b) |
| Beneish M = -2.64 (Cap -4..+1) = A |
As of October 13, 2026, the stock is trading at USD 293.89 with a total of 2,627,113 shares traded. Over the past week, the price has changed by +9.82%, over one month by +11.08%, over three months by +14.28% and over the past year by -22.41%.
Current recommended Stop Loss: 260.60 (which is 11.3% or 2.3 ATR below the current price).
Constellation Energy has received a consensus analysts rating of 4.45. Therefore, it is recommended to buy CEG.
- StrongBuy: 13
- Buy: 6
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 341.5 | 16.2% |
P/E Trailing = 29.1369
P/E Forward = 20.6612
P/S = 3.3773
P/B = 3.1551
P/EG = 3.7418
Revenue TTM = 30.2b USD
EBIT TTM = 4.39b USD
EBITDA TTM = 7.90b 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 = 129b USD (106b + Debt 24.7b - CCE 1.08b)
Interest Coverage Ratio = 5.61 (Ebit TTM 4.39b / Interest Expense TTM 783.0m)
EV/FCF = 418.2x (Enterprise Value 129b / FCF TTM 309.0m)
FCF Yield = 0.24% (FCF TTM 309.0m / Enterprise Value 129b)
FCF Margin = 1.02% (FCF TTM 309.0m / Revenue TTM 30.2b)
Net Margin = 11.46% (Net Income TTM 3.46b / Revenue TTM 30.2b)
Gross Margin = 16.98% ((Revenue TTM 30.2b - Cost of Revenue TTM 25.1b) / Revenue TTM)
Gross Margin QoQ = 26.90% (prev 2.98%)
Tobins Q-Ratio = 1.32 (Enterprise Value 129b / Total Assets 98.3b)
Interest Expense / Debt = 3.17% (Interest Expense 783.0m / Debt 24.7b)
Taxrate = 32.34% (1.66b / 5.13b)
NOPAT = 2.97b (EBIT 4.39b * (1 - 32.34%))
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 = 2.99 (Net Debt 23.6b / EBITDA 7.90b)
Debt / FCF = 76.45 (Net Debt 23.6b / FCF TTM 309.0m)
Total Stockholder Equity = 23.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.58% (Net Income 3.46b / Total Assets 98.3b)
RoE = 14.69% (Net Income TTM 3.46b / Total Stockholder Equity 23.6b)
RoCE = 10.29% (EBIT 4.39b / Capital Employed (Equity 23.6b + L.T.Debt 19.1b))
RoIC = 3.31% (NOPAT 2.97b / Invested Capital 89.7b)
WACC = 9.95% (E(106b)/V(130b) * Re(11.78%) + D(24.7b)/V(130b) * Rd(3.17%) * (1-Tc(0.32)))
Discount Rate = 11.78% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 65.21 | Cagr: 4.88%
[DCF] Terminal Value 70.02% ; FCFF base≈309.0m ; Y1≈310.3m ; Y5≈328.7m
[DCF] Fair Price = N/A (negative equity: EV 4.02b - Net Debt 23.6b = -19.6b; debt exceeds intrinsic value)
EPS Correlation: 93.69 | EPS CAGR: 47.87% | SUE: 1.52 | # QB: 1
Revenue Correlation: 61.58 | Revenue CAGR: 5.46% | SUE: 0.78 | # QB: 0
EPS current Quarter (2026-09-30): EPS=3.75 | Chg30d=+0.24% | Revisions=+0% | Analysts=10
EPS current Year (2026-12-31): EPS=12.14 | Chg30d=+0.00% | Revisions=+40% | GrowthEPS=+29.3% | GrowthRev=+38.9%
EPS next Year (2027-12-31): EPS=13.32 | Chg30d=-0.16% | Revisions=+40% | GrowthEPS=+9.7% | GrowthRev=+3.4%
[Analyst] Revisions Ratio: +44% (up=5, down=1)