Constellation Energy TodayCEGConstellation Energy$242.60 +18.89 (+8.44%) 52-Week Range$109.44▼$288.75Dividend Yield0.58%P/E Ratio26.75Price Target$281.43Add to WatchlistConstellation Energy NASDAQ: CEG stock is up over 8% on January 2, 2025, following news of landmark contracts with the U.S. government. This price increase underscores the company's growing prominence in the clean energy sector and signals a potential turning point for nuclear energy's role in a sustainable future. The contracts validate Co ...

The global renewable energy sector achieved new heights in 2024 overcoming critical challenges like financing gaps in developing and emerging nations and a lack of international collaborations. Looking ahead, we may buy stocks like Constellation Energy (CEG) , Excelerate Energy (EE) and Gevo Inc. (GEVO) , anticipating the sector to continue its winning streak next year as well. What’s Been the Scenario So Far?With global renewable energy having attracted new investments worth $313 billion in the first half ...

Core Viewpoint - The recent upgrade of Constellation Energy Corporation (CEG) to a Zacks Rank 2 (Buy) is driven by an upward trend in earnings estimates, which is a significant factor influencing stock prices [2][3]. Earnings Estimates and Stock Performance - Empirical research indicates a strong correlation between earnings estimate revisions and near-term stock movements, making it beneficial for investors to track these revisions for investment decisions [4][13]. - The Zacks Rank stock-rating system effectively utilizes earnings estimate revisions to classify stocks, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. Company-Specific Insights - For the fiscal year ending December 2024, Constellation Energy Corporation is projected to earn $8.31 per share, reflecting a 65.9% increase from the previous year [8]. - The upgrade to Zacks Rank 2 places Constellation Energy in the top 20% of Zacks-covered stocks based on estimate revisions, suggesting potential for stock price appreciation in the near term [11][10]. Analyst Activity - Analysts have consistently raised their earnings estimates for Constellation Energy Corporation, with the Zacks Consensus Estimate increasing by 4.5% over the past three months [15].

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Constellation Energy Corporation (CEG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Constellat ...

Key TakeawaysShares of Constellation Energy rose Thursday after analysts from Bank of America upgraded and lifted their price target for the stock.The analysts said rising demand for electricity to power things like data centers should boost revenue for Constellation and other energy stocks.Constellation presents a "unique investment opportunity" as demand continues to increase, the analysts wrote. Constellation Energy (CEG) shares rose Thursday after Bank of America analysts upgraded the energy company's s ...

Constellation Energy Corporation (CEG) is currently trading at a premium compared with the Zacks Alternate Energy-Other industry. With a forward 12-month price/earnings ratio of 25.85X, the stock is priced a tad above the industry average of 24.68X and the broader Zacks Oil and Energy sector’s 11.26X.CEG’s Valuation ChartImage Source: Zacks Investment ResearchThe company continues to add more clean energy to the grid by acquiring new nuclear plants and extending the lives of existing plants through new lice ...

A month has gone by since the last earnings report for Constellation Energy Corporation (CEG) . Shares have added about 5.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Constellation Energy Corporation due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Constellat ...

Last quarter, Coatue Management upped its stake in Constellation Energy by more than 57%.By now, I'm sure you've realized that artificial intelligence (AI) is the next megatrend.What you may not fully grasp, however, is that not all AI opportunities reside in the technology industry. Take the energy sector as an example. So far in 2024, that sector has returned 12.5% -- pretty solid although it admittedly pales in comparison to the tech sector's 35% year-to-date return.While the energy sector as a whole may ...

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Zacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Whether you're interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes help you invest in ideas that matter to you.For those interested in viewing the Thematic lists, please click here >>> Thematic Screens – Zacks Investment Research.Let’s take a closer look at the ‘Nuclear’ theme and analyze a few stocks that the screen returned, such as Constellation Energy (CEG) and Vistra (VS ...