Are Wall Street Analysts Predicting Constellation Energy Stock Will Climb or Sink?

Company Overview - Constellation Energy Corporation (CEG) has a market capitalization of $113.5 billion and focuses on electricity generation and sales, providing natural gas, renewable energy, and other energy-related products across various U.S. regions [1] Stock Performance - CEG shares have significantly outperformed the broader market over the past 52 weeks, surging 53.6% compared to the S&P 500 Index's 17.5% increase [2] - Year-to-date, CEG shares are up 61.4%, while the S&P 500 has gained 15.6% [2] - CEG has also outpaced the Utilities Select Sector SPDR Fund's (XLU) return of 14.5% over the same period [3] Financial Performance - In Q2 2025, Constellation Energy reported an adjusted EPS of $1.91 and revenues of $6.1 billion, although shares fell slightly due to rising operating expenses, which increased by 17.7% to $5.15 billion year-over-year [4] - There was a slight decline in nuclear generation output, dropping to 45,170 GWh from 45,314 GWh, attributed to higher non-refueling outage days [4] Future Earnings Expectations - For the fiscal year ending December 2025, analysts project CEG's adjusted EPS to grow by 8.5% year-over-year to $9.41 [5] - CEG has a promising earnings surprise history, having beaten or met consensus estimates in the last four quarters [5] Analyst Ratings - Among 17 analysts covering CEG, the consensus rating is a "Moderate Buy," consisting of 11 "Strong Buy" ratings, one "Moderate Buy," and five "Holds" [5] - The configuration of ratings has become more bullish compared to three months ago, with eight "Strong Buy" ratings [6] Price Targets - On October 20, JPMorgan raised its price target on Constellation Energy to $422 while maintaining an "Overweight" rating [7] - The mean price target of $398.19 represents a premium of 10.4% to CEG's current levels, while the highest price target of $478 implies a potential upside of 32.5% from current prices [7]