Constellation Energy Corp CEG
Stock research in plain language · As of Oct 04, 2026 · updated once a week, after the trading week closes
What the company does
Constellation Energy Corp is a large-cap company in the Utilities sector (Utilities - Independent Power Producers), with a market value of $91.2B, based in the USA.
It employs about 15,291 people and has been listed since Feb 02, 2022.
Constellation Energy Corporation produces and sells energy products and services in the United States. The company operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. It offers electricity, natural gas, energy-related products, and sustainable solutions.
Cheap or expensive? priced in line with its group
Its price-to-earnings (P/E) is 25.3 versus 19.6 for the median of the Utilities sector in our universe (7 companies) — priced in line with its group.
Revenue is growing 23% versus the same quarter last year.
On analysts' next-year forecasts the multiple drops to 20.7 — they expect higher earnings.
The average analyst price target is 341.53, 33% above the current price (their view, not ours).
The stock sits at 16% of its one-year range (0% = the low, 100% = the high).
The risks
- • More cash leaves than comes in (negative free cash flow).
- • The share count grew 13% in a year — each share owns a smaller slice of the company.
- • The stock is 37% below its one-year high.
Strengths
- ✅ Profitable — 7 of every 100 dollars of revenue stays as profit.
- ✅ Most analysts rate it buy (19 vs 0).
- ✅ Revenue is growing 23% a year.
- ✅ Pays a dividend (0.6% a year).
What changed this week
Over the past week the stock fell 2.2% (for comparison: S&P 500 -0.2%, sector ETF XLU +0.8%).
This week's news
- Utilities fall 13% in quarter; Constellation Energy gains as PG&E leads declines seekingalpha.com · 2026-10-03
- Talen Energy Expands Buyback Plan With $1.5B Accelerated Repurchase finance.yahoo.com · 2026-10-02
- Cameco to Gain as Korea-U.S. Framework Supports Westinghouse finance.yahoo.com · 2026-10-02
- Can CEG's Amazon PPA Strengthen Its Long-Term Growth Prospects? finance.yahoo.com · 2026-10-02
- Amazon Stocks Drop Although Nuclear Deal Adds 190 Megawatts finance.yahoo.com · 2026-10-01
- Stocks making the biggest moves midday: Accenture, Synopsys, United Therapeutics, Vicor and more cnbc.com · 2026-10-01
A description of facts from the filings and the market — not investment advice or a recommendation. "Cheap" and "expensive" are always relative to the comparison group.