Should You Buy Constellation Energy Stock Before Feb. 20?

Core Viewpoint - Constellation Energy is expected to report its fourth-quarter and full-year financial results soon, likely before February 20, which may present an investment opportunity if strong guidance is provided [1][8]. Financial Performance - In the last earnings report on November 7, Constellation Energy reported adjusted operating earnings of $3.04 per share, an increase from $2.74 per share year-over-year [3]. - The company narrowed its full-year guidance, projecting adjusted earnings per share of $9.05 to $9.45 for 2025, with an expectation of fourth-quarter earnings between $3.03 and $3.43 per share [3]. Market Data - The current stock price of Constellation Energy is $12.25, with a market capitalization of $90 billion [4]. - The stock has experienced a 4.44% increase recently, but has faced a decline over the past few months despite positive earnings and expansion initiatives [5][8]. Strategic Developments - Constellation Energy completed a significant $26.6 billion acquisition of Calpine, enhancing its position as a diversified power producer by combining its nuclear fleet with Calpine's natural gas and geothermal assets [5]. - The company has secured a 380-megawatt agreement with CyrusOne for a new data center, contributing to a total of 1.1 gigawatts of power agreements between the two [6]. - The U.S. Nuclear Regulatory Commission approved license amendments and renewals for several clean energy centers, allowing for over $500 million in investments to modernize these facilities [7]. Investment Outlook - Despite recent stock price declines, the company is well-positioned to capitalize on increasing power demand from data centers, making it a potentially attractive investment before the earnings report [9].