(CEG) Constellation Energy - NASDAQ

Sector: Utilities | Industry: Utilities - Independent Power Producers | Exchange: NASDAQ (USA) | Market Cap: 94.282m USD | Total Return: -17.8% in 12m

Electricity, Natural Gas, Clean Energy, Renewable Power
Total Rating 45
Safety 75
Buy Signal -0.72
Utilities - Independent Power Producers
Industry Rotation: -8.8
Market Cap: 94.3B
Avg Turnover: 1.05B
Risk 3d forecast
Volatility58.4%
VaR 5th Pctl9.01%
VaR vs Median-5.12%
Reward TTM
Sharpe Ratio-0.28
Rel. Str. IBD9.3
Rel. Str. Peer Group5
Character TTM
Beta1.828
Beta Downside1.781
Hurst Exponent0.506
Drawdowns 3y
Max DD50.70%
CAGR/Max DD0.86
CAGR/Mean DD3.41
EPS (Earnings per Share) EPS (Earnings per Share) of CEG over the last years for every Quarter: "2021-06": null, "2021-09": 0.06, "2021-12": 0.13, "2022-03": 1.81, "2022-06": 1.66, "2022-09": 0.54, "2022-12": 0.17, "2023-03": 0.39, "2023-06": 1.45, "2023-09": 1.99, "2023-12": -0.11, "2024-03": 1.82, "2024-06": 1.68, "2024-09": 2.74, "2024-12": 2.44, "2025-03": 0.38, "2025-06": 1.91, "2025-09": 2.97, "2025-12": 2.3, "2026-03": 2.74,
EPS CAGR: 49.73%
EPS Trend: 91.4%
Last SUE: 0.20
Qual. Beats: 0
Revenue Revenue of CEG over the last years for every Quarter: 2021-06: 4153, 2021-09: 4406, 2021-12: 5532, 2022-03: 5591, 2022-06: 5465, 2022-09: 6051, 2022-12: 7333, 2023-03: 7565, 2023-06: 5446, 2023-09: 6111, 2023-12: 5796, 2024-03: 6161, 2024-06: 5475, 2024-09: 6550, 2024-12: 5382, 2025-03: 6788, 2025-06: 6101, 2025-09: 7184, 2025-12: 6074, 2026-03: 11122,
Rev. CAGR: 2.78%
Rev. Trend: 33.3%
Last SUE: 4.00
Qual. Beats: 1

Warnings

Choppy
Below Avwap Earnings

Tailwinds

No distinct edge detected

Seasonality

Coming soon
Description: CEG Constellation Energy

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.

Headlines to Watch Out For
  • Nuclear demand surges from AI data center power needs
  • PJM capacity auction prices hit record highs
  • Hyperscaler PPAs accelerate nuclear restart announcements
Piotroski VR-10 (Strict) 5.5
Net Income: 3.80b TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 9.34 > 1.0
NWC/Revenue: 15.73% < 20% (prev 12.75%; Δ 2.97% < -1%)
CFO/TA 0.05 > 3% & CFO 4.55b > Net Income 3.80b
Net Debt (21.3b) to EBITDA (8.25b): 2.58 < 3
Current Ratio: 1.36 > 1.5 & < 3
Outstanding Shares: last quarter (354.0m) vs 12m ago 12.74% < -2%
Gross Margin: 27.94% > 18% (prev 23.08%; Δ 4.86% > 0.5%)
Asset Turnover: 40.87% > 50% (prev 46.30%; Δ -5.44% > 0%)
Interest Coverage Ratio: 9.80 > 6 (EBIT TTM 6.06b / Interest Expense TTM 618.0m)
Altman Z'' 1.67
A: 0.05 (Total Current Assets 18.0b - Total Current Liabilities 13.2b) / Total Assets 96.9b
B: 0.08 (Retained Earnings 7.33b / Total Assets 96.9b)
C: 0.08 (EBIT TTM 6.06b / Avg Total Assets 74.6b)
D: 0.53 (Book Value of Equity 33.5b / Total Liabilities 63.1b)
Altman-Z'' = 1.67 = BB
Beneish M -3.04
DSRI: 0.96 (Receivables 4.41b/3.64b, Revenue 30.5b/24.2b)
GMI: 0.83 (GM 23.08% / 27.94%)
AQI: 0.98 (AQ_t 0.39 / AQ_t-1 0.40)
SGI: 1.26 (Revenue 30.5b / 24.2b)
TATA: -0.01 (NI 3.80b - CFO 4.55b) / TA 96.9b)
Beneish M = -3.04 (Cap -4..+1) = AA
What is the price of CEG shares?

As of June 29, 2026, the stock is trading at USD 264.02 with a total of 3,593,112 shares traded. Over the past week, the price has changed by -3.66%, over one month by -7.79%, over three months by -11.45% and over the past year by -17.77%.

Current recommended Stop Loss: 251.60 (which is 4.7% or 1.2 ATR below the current price).

Is CEG a buy, sell or hold?

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

What are the forecasts/targets for the CEG price?
Analysts Target Price 360.2 36.4%
Constellation Energy (CEG) - Fundamental Data Overview as of 28 June 2026
Market Cap USD = 94.3b (94.3b USD * 1.0 USD.USD)
P/E Trailing = 22.9383
P/E Forward = 22.4215
P/S = 3.1567
P/B = 2.8158
P/EG = 3.7418
Revenue TTM = 30.5b USD
EBIT TTM = 6.06b USD
EBITDA TTM = 8.25b USD
Long Term Debt = 17.0b USD (from longTermDebt, last quarter)
Short Term Debt = 5.47b USD (from shortTermDebt, last quarter)
Debt = 22.5b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 21.3b USD (calculated: Debt 22.5b - CCE 1.17b)
Enterprise Value = 116b USD (94.3b + Debt 22.5b - CCE 1.17b)
Interest Coverage Ratio = 9.80 (Ebit TTM 6.06b / Interest Expense TTM 618.0m)
EV/FCF = 101.7x (Enterprise Value 116b / FCF TTM 1.14b)
FCF Yield = 0.98% (FCF TTM 1.14b / Enterprise Value 116b)
FCF Margin = 3.73% (FCF TTM 1.14b / Revenue TTM 30.5b)
Net Margin = 12.48% (Net Income TTM 3.80b / Revenue TTM 30.5b)
Gross Margin = 27.94% ((Revenue TTM 30.5b - Cost of Revenue TTM 22.0b) / Revenue TTM)
Gross Margin QoQ = 42.89% (prev 15.54%)
Tobins Q-Ratio = 1.19 (Enterprise Value 116b / Total Assets 96.9b)
Interest Expense / Debt = 2.75% (Interest Expense 618.0m / Debt 22.5b)
Taxrate = 30.99% (1.70b / 5.49b)
NOPAT = 4.18b (EBIT 6.06b * (1 - 30.99%))
Current Ratio = 1.36 (Total Current Assets 18.0b / Total Current Liabilities 13.2b)
Debt / Equity = 0.67 (Debt 22.5b / totalStockholderEquity, last quarter 33.5b)
Debt / EBITDA = 2.58 (Net Debt 21.3b / EBITDA 8.25b)
Debt / FCF = 18.73 (Net Debt 21.3b / FCF TTM 1.14b)
Total Stockholder Equity = 18.9b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.10% (Net Income 3.80b / Total Assets 96.9b)
RoE = 20.07% (Net Income TTM 3.80b / Total Stockholder Equity 18.9b)
RoCE = 16.85% (EBIT 6.06b / Capital Employed (Equity 18.9b + L.T.Debt 17.0b))
RoIC = 4.75% (NOPAT 4.18b / Invested Capital 88.0b)
WACC = 10.39% (E(94.3b)/V(117b) * Re(12.41%) + D(22.5b)/V(117b) * Rd(2.75%) * (1-Tc(0.31)))
Discount Rate = 12.41% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -48.89 | Cagr: 4.01%
[DCF] Terminal Value 68.64% ; FCFF base≈1.14b ; Y1≈1.14b ; Y5≈1.21b
 [DCF] Fair Price = N/A (negative equity: EV 14.0b - Net Debt 21.3b = -7.32b; debt exceeds intrinsic value)
 EPS Correlation: 91.36 | EPS CAGR: 49.73% | SUE: 0.20 | # QB: 0
Revenue Correlation: 33.35 | Revenue CAGR: 2.78% | SUE: 4.0 | # QB: 1
EPS current Quarter (2026-06-30): EPS=2.41 | Chg30d=-6.06% | Revisions=-14% | Analysts=12
EPS next Quarter (2026-09-30): EPS=3.71 | Chg30d=+1.34% | Revisions=+43% | Analysts=12
EPS current Year (2026-12-31): EPS=11.67 | Chg30d=-0.40% | Revisions=+50% | GrowthEPS=+24.3% | GrowthRev=+35.1%
EPS next Year (2027-12-31): EPS=13.52 | Chg30d=-0.50% | Revisions=+17% | GrowthEPS=+15.8% | GrowthRev=+3.1%
[Analyst] Revisions Ratio: +50%