Core Viewpoint - Constellation Energy's stock surged 10.33% this week, driven by significant data center power agreements, positive analyst upgrades, and a renewed focus on nuclear energy's role in supporting AI infrastructure [1]. Group 1: Stock Performance - Constellation Energy (CEG) closed at $288.43 on February 13, recovering from recent losses but still down 18.35% year-to-date [1]. - The stock's 10.33% weekly gain outperformed the broader utilities sector, which saw a 7.27% increase during the same period [1]. - Despite the recent rally, CEG is down 12.7% from $330.38 on January 14, and it trades at a trailing P/E of 32x with a market cap of $100 billion [1]. Group 2: Data Center Power Deals - On February 9, Constellation announced a 380 MW power agreement with CyrusOne for a new Texas data center, with an option for an additional 380 MW, bringing the total commitment to over 1,100 MW [1]. - The company also secured a 20-year agreement with the Tennessee Titans to power the new Nissan Stadium, targeting 20% efficiency improvements [1]. - These agreements highlight Constellation's capability to secure long-term revenue streams linked to infrastructure development for AI and cloud computing [1]. Group 3: Analyst Upgrades - Analysts have issued bullish calls, with Wells Fargo lowering its price target from $478 to $460 but maintaining an Overweight rating, calling CEG the "Best IPP Idea" [1]. - Barclays initiated coverage with a Buy rating and a $356 target, while UBS reiterated its Buy rating with a $420 target [1]. - Zacks Investment Research indicated a +3.13% Earnings ESP for CEG, suggesting a likely earnings beat in the upcoming report [1]. Group 4: Nuclear Energy's Role - The demand for reliable power for AI infrastructure is increasing, with uranium spot prices exceeding $100 per pound in January 2026 due to tightening supply [1]. - The Tennessee Valley Authority has reversed plans to retire coal plants, citing increased electricity demand from data centers and population growth [1]. - Constellation's nuclear fleet produced 46,477 GWhs of nuclear energy in Q3 2025, up from 45,510 GWhs a year earlier, reinforcing its competitive advantage in the energy market [1].

Key Takeaways Buy nuclear and natural gas giant Constellation Energy for 50% upside and long-term AI energy growth.Why soaring Quanta Services stock is one of the best long-term buys on Wall Street.Investors looking to buy stocks amid the broadly bullish Q4 earnings season might want to consider two S&P 500 giants poised for long-term upside across compounding artificial intelligence-boosted megatrends.First up is nuclear and AI energy powerhouse Constellation Energy. CEG is trading over 30% below its Octob ...

Key Takeaways Constellation Energy is set to report Q4 earnings, with revenues seen up 1.92% year over year.CEG's 3.13% Earnings ESP and Zacks Rank #3 signal higher odds of an earnings beat.Data center demand, long-term PPAs and renewables expansion may have supported Q4 results.Constellation Energy Corporation (CEG) is expected to report fourth-quarter 2025 earnings soon. The Zacks Consensus Estimate for revenues is pinned at $5.49 billion, indicating an increase of 1.92% from the year-ago reported figure. ...

业绩经营情况 政策环境变化：2026年核电有望被纳入联邦补贴政策范围，若落地可能进一步支撑业绩。 财务与股息政策：收购若顺利整合，2026年每股收益(EPS)预计增长超过20%，并可能推动股息支付率 从当前35%提升至45%。 以上内容基于公开资料整理，不构成投资建议。 经济观察网星座能源(CEG)未来有几项关键事件值得关注，主要基于公司战略布局和行业动态。 合同最新进展 近期事件 AI数据中心需求驱动：公司与微软签署的长期购电协议(支持三哩岛核电站)凸显核电作为AI时代基荷能 源的定位，未来电力需求增长可能受益于数据中心扩张。 收购Calpine的进展：根据分析，星座能源对Calpine的收购预计在2025年下半年至2026年上半年完成， 完成后将打造美国最大的清洁能源组合，提升对电力需求波动的适应能力。 行业政策与环境 ...

Utilities used to be boring, defensive investments, but with the rise of AI-related demand, that is no longer the case. Data centers and industrial electrification are changing how investors view utility stocks. Two major players that are very much in the mix are Constellation Energy (NASDAQ: CEG) and Vistra (NYSE: VST). One company offers greater stability, whereas the other could potentially have more upside. Which stock is better, though? Let's dive in and find out. Constellation is carbon-free and pr ...

Industry Overview - The Zacks Alternative Energy - Other industry is divided into two main groups: one focuses on the generation and distribution of alternative energy, while the other is involved in the development and installation of renewable projects [2] - Global investment in the energy transition reached a record $2.3 trillion in 2025, marking an 8% increase from the previous year, indicating strong growth opportunities for industry participants [2] Trends in Alternative Energy - Wind energy is rapidly growing due to government support, public concern about climate change, and decreasing costs, with projections indicating the global wind industry will reach its second terawatt of capacity by 2030 [3] - The global wind industry is expected to add approximately 9.1 GW of capacity annually over the next five years, totaling 46 GW by 2029, with cumulative capacity projected to reach 196.5 GW [3] - The electric vehicle (EV) market is also surging, with nearly 2.1 million EVs sold worldwide in December 2025, contributing to a total of 20.7 million units for the year [4] - The global EV market size is projected to reach $6,523.97 billion by 2030, growing at a CAGR of 32.5% from 2025 to 2030, benefiting clean energy companies [4] Cost Challenges - Rising costs due to higher steel prices and U.S. import tariffs are creating financial pressure for wind project developers, despite strong demand [5][6] - The expiration of key U.S. tax credits is expected to increase project costs significantly, making renewable energy development more expensive [7] Industry Performance - The Zacks Alternative Energy industry has outperformed the Zacks Oil-Energy sector and the S&P 500 composite over the past year, with a collective stock surge of 33.1% compared to 18.3% and 17.4% respectively [12] - The industry currently carries a Zacks Industry Rank of 190, placing it in the bottom 22% of over 243 Zacks industries, indicating a negative earnings outlook [8][10] Company Highlights - **Montauk Renewables (MNTK)**: Specializes in biogas management and conversion, producing nearly 1.4 million MMBtu of RNG in Q3 2025, with a projected sales improvement of 3.5% year over year for 2026 [18][19] - **GE Vernova (GEV)**: Focuses on wind and electrification, securing 1.1 GW of U.S. onshore wind repowering orders in 2025, with a projected sales improvement of 17.5% year over year for 2026 [22][23] - **Constellation Energy (CEG)**: Aims to eliminate 100% of greenhouse gas emissions, with a projected sales improvement of 12.2% year over year for 2026 [26][27]

Energy provider Constellation said that Calpine LLC, a business unit of Constellation, has signed a new 380-MW agreement with Dallas, Texas-based CyrusOne, a global data center developer and operator, to connect and serve a new data center adjacent to the Freestone Energy Center in Freestone County, Texas. The agreement announced February 9 provides CyrusOne with access to power, grid connectivity and site infrastructure needed to support development of the new facility. The companies said the deal also en ...

Core Viewpoint - Constellation Energy has signed a new agreement to provide 380 megawatts of power to a data center operated by CyrusOne in Texas, indicating a strategic move to support the growing demand for data center energy needs [1] Company Summary - Constellation Energy is a major U.S. power company that is expanding its service capabilities by partnering with CyrusOne to connect and serve a new data center [1] - The new data center will be located adjacent to the Freestone Energy Center in Texas, highlighting the company's focus on infrastructure development in energy-intensive sectors [1] Industry Summary - The agreement reflects the increasing energy demands of the data center industry, which is rapidly growing due to the rise in digital services and cloud computing [1] - The partnership between a power company and a data center operator underscores the importance of reliable energy supply in supporting technological advancements and infrastructure [1]

Group 1 - Constellation Energy Corp. is recognized as one of the 12 Best Nuclear Energy Stocks to Buy Now, with analysts maintaining positive ratings despite slight adjustments in price targets [1][2][8] - Wells Fargo analyst Shahriar Pourreza lowered the price target for Constellation Energy to $460 from $478 while keeping an Overweight rating, emphasizing the company's strong pipeline of asset opportunities [1][8] - TD Cowen initiated coverage with a Buy rating and a price target of $440, highlighting the integration of Calpine as a significant opportunity for long-term power agreements [2][3] Group 2 - The acquisition of Calpine Corporation was completed on January 7, 2026, combining Constellation's nuclear assets with Calpine's natural gas and geothermal portfolio, which is seen as a strategic move for strengthening America's energy future [4][5] - Constellation operates the largest clean energy fleet in the U.S., with approximately 55 gigawatts of generating capacity across various energy sources, including nuclear, natural gas, geothermal, hydro, wind, and solar [5] - TD Cowen anticipates active contracting activity through 2026, with potential upside from gas power purchase agreements layered on top of Constellation's nuclear fleet [3]

Core Thesis - Constellation Energy Corporation (CEG) is positioned as a leading player in the US nuclear and clean-power sector, with a strong nuclear fleet and strategic growth initiatives in AI-driven data center demand [3][4]. Financial Performance - As of February 4th, CEG's share price was $250.46, with trailing and forward P/E ratios of 30.75 and 23.87 respectively [1]. - The company reported a cash balance of $4.1 billion and aims for EPS targets of $11 in 2026, $13 in 2027, and $16–17 in 2028, supported by operational efficiencies and planned share repurchases [5]. - CEG maintains a robust investment-grade balance sheet (BBB+/Baa1) and strong free cash flow projections of $4.5–6 billion through 2028 [5]. Growth Initiatives - CEG is expanding its capacity through various initiatives, including restarts and uprates of existing nuclear plants, targeting an additional 1 GW across multiple sites [4]. - Recent contracts, such as a 10-year/$840 million GSA power supply agreement and a 20-year PPA with Meta, highlight CEG's ability to secure long-term, high-quality contracts [3][4]. Market Position and Valuation - CEG trades at 26x NTM PE and 16x EV/EBITDA, reflecting premium growth expectations, with potential share price scenarios ranging from $250–300 (no new PPAs) to $500 (full nuclear rerating) [7]. - Key catalysts for growth include additional nuclear/gas PPAs, FY26 guidance, ZEC extensions, and PJM capacity developments, positioning CEG as a generational winner in clean energy infrastructure [7]. Historical Context - CEG's stock has appreciated approximately 14.60% since a previous bullish thesis in March 2025, which emphasized rising electricity prices and strong ROE compared to traditional utilities [8].