Constellation Energy Corporation (CEG) AI Stock Analysis

Constellation Energy Corporation specializes in the generation and sale of electricity and related energy products across the United States. The company is organized into five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. Its generating portfolio spans 32,400 megawatts of capacity across nuclear, wind, solar, natural gas, and hydroelectric assets. Constellation sells electricity, natural gas, and renewable energy solutions to distribution utilities, municipalities, cooperatives, and commercial, industrial, governmental, and residential customers.

Revenue expanded at a 5-year CAGR of 7.7% from FY2020 through FY2025. After rising to $24.92B in FY2023, revenue declined 5.4% to $23.57B in FY2024 before rebounding 8.3% to $25.53B in FY2025. Operating margin reached 18.5% in FY2024 but moderated to 12.1% in FY2025, alongside net income of $2.32B and EPS of $9.39. For the trailing 12 months, revenue reached $31.27B with net margin at 11.1%. In the latest quarter ended June 30, 2026, quarterly revenue grew 23.0% year-over-year, while quarterly earnings dropped 46.8%.

As of June 30, 2026, Constellation held $1.08B in cash and short-term investments against $24.70B in total debt, leaving net debt at $23.62B. The debt-to-equity ratio was 0.77, and the current ratio stood at 1.46. In FY2025, operating cash flow turned positive to $4.24B, covering capital expenditures of $2.95B and yielding free cash flow of $1.29B. Capital returns in FY2025 included $400.0M in share buybacks and $486.0M in dividends paid.

Constellation trades at a trailing P/E of 26.5x and a forward P/E of 20.7x, both higher than the median of its Nasdaq-100 Utilities peers at 20.9x and 16.0x, respectively. Its EV-to-EBITDA multiple of 15.2x also sits above the peer median of 12.6x. The stock has dropped 31.2% over the past 12 months, trailing the S&P 500 (SPY) gain of 16.8%. Year-to-date, the stock has declined 22.8% and trades 4.3% below its 200-day moving average.

Constellation pays a quarterly dividend, with an annual forward payout of $1.71 per share, representing a dividend yield of 0.63%. The payout ratio is 15.7%, and dividends have been paid for 5 consecutive years. The last ex-dividend date was August 18, 2026.

Wall Street sentiment shows 13 Strong Buy, 6 Buy, 3 Hold, and 1 Sell ratings, with 0 Strong Sell ratings. The mean price target of $337.57 implies 24.4% upside over the last close of $271.37. For FY2026, analysts estimate EPS of $12.13 on revenue of $36.09B, followed by FY2027 estimates of $13.29 EPS on $37.36B revenue. Over the last four quarters, Constellation has beaten EPS estimates 2 times. The next earnings date is November 6, 2026.

This page is an AI-written research summary of Constellation Energy Corporation (CEG). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: CEG income statement, CEG balance sheet, CEG key metrics, CEG analyst forecast, CEG chart. See the CEG stock overview for the latest quote and news.