There are certain predictable themes in investing. One of those is that utilities stocks tend to shine in times of uncertainty.
Stocks like Duke Energy, Dominion Energy and Constellation Energy offer a great opportunity for investors who want to create a nuclear energy portfolio.
Zacks.com users have recently been watching Constellation Energy Corporation (CEG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Constellation Energy NASDAQ: CEG has captured significant market attention recently, as its stock has climbed by over 45% in the past month, positioning it as a top performer in the S&P 500 index.
Constellation Energy Corporation (CEG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here is how Constellation Energy Corporation (CEG) and Veren (VRN) have performed compared to their sector so far this year.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
CEG is a good stock to add in your portfolio, given its rising earnings estimates and increasing demand for clean energy in its service territories.
Constellation Energy's stock remains a Hold due to its current overvaluation, despite strong operational performance and growing power demand from data centers. The Calpine merger, set to complete by end of 2025, is expected to add $2.00 EPS in 2026, enhancing Constellation's value. The rising cost of new-build plants make existing assets more valuable, benefiting Constellation despite overstated regional grid operator forecasts.
Constellation Energy Corporation reported a Q1 revenue of $6.69B, an 8.6% y/y increase, driven by surging electricity demand from data centers and AI infrastructure. Despite a top-line beat, Q1 non-GAAP EPS met estimates at $2.14, with positive cash flow from operations of $107M, compared to -$723M last year. Management reaffirmed its 2025 earnings guidance, reflecting confidence in underlying business, but economic uncertainty and potential demand overestimation in AI/data centers warrant caution.
Constellation Energy (CEG) shares soared nearly 10% Tuesday when the nuclear power utility beat operating revenue forecasts and kept its 2025 outlook steady despite weaker-than-expected profit, as it continued to benefit from artificial intelligence (AI) electricity demand.
Constellation Energy Corporation (NASDAQ:CEG ) Q1 2025 Earnings Conference Call May 6, 2025 9:00 AM ET Company Participants Emily Duncan - Senior Vice President of Investor Relations and Strategic Initiatives Joseph Dominguez - President and Chief Executive Officer Daniel Eggers - Chief Financial Officer David Dardis - Chief Legal and Policy Officer Conference Call Participants Jeremy Tonet - J.P. Morgan Securities Steve Fleishman - Wolfe Research David Arcaro - Morgan Stanley Paul Zimbardo - Jefferies Angie Storozynski - Seaport Global Securities Operator Good morning, ladies and gentlemen, and welcome to the Constellation Energy Corporation First Quarter Earnings Call.