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].