Constellation Energy Stock Outlook: Is Wall Street Bullish or Bearish?

Company Overview - Constellation Energy Corporation (CEG) was founded in 2021 and is based in Baltimore, Maryland, focusing on producing and selling energy products and services in the United States [1] - The company has a market capitalization of $101.7 billion and operates through various segments including Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions [1] Stock Performance - CEG shares have underperformed the broader market, declining 12.4% over the past 52 weeks and 24% year-to-date (YTD) [2] - In comparison, the S&P 500 Index has returned 15.4% over the past year and increased by 1.1% in 2026 [2] - CEG also lagged behind the State Street Utilities Select Sector SPDR ETF (XLU), which rose by 10.5% over the past 52 weeks and 1.3% this year [3] Earnings and Analyst Ratings - For the fiscal year ending December 2025, analysts expect CEG to report a 7.5% year-over-year growth in adjusted EPS to $9.32 [6] - The company has a mixed earnings surprise history, surpassing or matching estimates in three of the past four quarters while missing once [6] - CEG holds a consensus "Moderate Buy" rating, with 12 "Strong Buys," one "Moderate Buy," and five "Holds" from 18 analysts [6] Analyst Sentiment - Analyst sentiment has become increasingly bullish, with "Strong Buy" recommendations rising from 11 to 12 over the past three months [7] - On January 20, Wells Fargo analyst Shahriar Pourreza maintained an 'Overweight' rating on CEG and lowered the price target from $478 to $460 [7] Price Targets - CEG's mean price target is $412.06, indicating a 53.5% premium to current market prices [8] - The highest target of $481 suggests a potential upside of 79.2% from current levels [8]