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Constellation Energy (CEG) Stock Forecast & Price Target

Constellation Energy logo
$254.71 -8.09 (-3.08%)
Closing price 09/18/2026 04:00 PM Eastern
Extended Trading
$255.71 +1.00 (+0.39%)
As of 09/18/2026 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

Constellation Energy - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
5
Buy
17

Based on 22 Wall Street analysts who have issued ratings for Constellation Energy in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 22 analysts, 5 have given a hold rating, 15 have given a buy rating, and 2 have given a strong buy rating for CEG.

Consensus Price Target

$353.14
38.65% Upside
According to the 22 analysts' twelve-month price targets for Constellation Energy, the average price target is $353.14. The highest price target for CEG is $441.00, while the lowest price target for CEG is $277.00. The average price target represents a forecasted upside of 38.65% from the current price of $254.71.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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CEG Analyst Ratings Over Time

TypeCurrent Forecast
9/20/25 to 9/20/26
1 Month Ago
8/21/25 to 8/21/26
3 Months Ago
6/22/25 to 6/22/26
1 Year Ago
9/20/24 to 9/20/25
Strong Buy
2 Strong Buy rating(s)
2 Strong Buy rating(s)
2 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
15 Buy rating(s)
15 Buy rating(s)
16 Buy rating(s)
11 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$353.14$352.90$370.41$337.81
Forecasted Upside38.65% Upside29.33% Upside34.44% Upside2.09% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyModerate Buy

CEG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CEG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Constellation Energy Stock vs. The Competition

TypeConstellation EnergyUtilities CompaniesBroader Market
Consensus Rating Score
2.86
2.37
2.53
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside38.65% Upside66.70% Upside18.44% Upside
News Sentiment Rating
Positive News

See Recent CEG News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/18/2026
Morgan Stanley logo
Morgan Stanley
3 of 5 stars
David Arcaro
David Arcaro
3 of 5 stars
Boost TargetOverweight$364.00 ➝ $369.00+41.27%
8/19/2026
Weiss Ratings logo
Weiss Ratings
5 of 5 stars
 Reiterated RatingHold (C)
8/19/2026
BNP Paribas Exane logo
BNP Paribas Exane
5 of 5 stars
 Reiterated RatingOutperform$374.00+37.99%
8/11/2026Lower TargetBuy$350.00 ➝ $325.00+20.18%
8/7/2026Set Target$379.00+43.05%
7/28/2026Lower TargetBuy$388.00 ➝ $380.00+46.21%
7/28/2026Lower TargetOverweight$358.00 ➝ $324.00+20.00%
7/27/2026Lower TargetOverweight$384.00 ➝ $362.00+31.95%
7/27/2026Lower TargetBuy$381.00 ➝ $368.00+32.38%
7/1/2026Lower TargetNeutral$348.00 ➝ $297.00+25.95%
6/18/2026Initiated CoverageBuyNeutral$305.00+14.16%
6/16/2026Initiated CoverageOutperform$296.00+10.45%
6/2/2026 Lower TargetOutperform$392.00 ➝ $374.00+40.58%
5/12/2026Boost TargetNeutral$300.00 ➝ $310.00+3.44%
5/1/2026Lower Target$400.00 ➝ $386.00+25.40%
4/30/2026 Initiated CoverageBuy$352.00+15.16%
4/29/2026Lower TargetOutperform$481.00 ➝ $441.00+47.37%
4/24/2026 Initiated CoverageOutperform$380.00+28.72%
4/1/2026Lower TargetOverweight$417.00 ➝ $321.00+14.95%
3/27/2026Lower TargetBuy$407.00 ➝ $401.00+31.80%
1/30/2026Lower TargetHold$350.00 ➝ $277.00-1.31%
10/22/2025 Boost TargetOutperform$383.00 ➝ $395.00+12.84%
8/20/2025 Initiated CoverageBuy$462.00+45.64%
10/3/2024 Boost TargetSector Perform$214.00 ➝ $272.00-2.00%
9/27/2024DowngradeStrong-BuyHold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 07:17 AM ET.


Should I Buy Constellation Energy Stock? CEG Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, September 17, 2026. Please send any questions or comments about these Constellation Energy pros and cons to contact@marketbeat.com.

Constellation Energy
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Constellation Energy Co.:

  • Constellation Energy Co. recently announced a $715 million acquisition of the Rhode Island State Energy Center from Shell, a 609 MW natural gas facility that expands the company's portfolio in the ISO New England market and provides immediate capacity to meet regional power demands.
  • The company has secured long-term revenue visibility through major power purchase agreements, including a historic 15-year deal with Walmart for 176 MW of clean electricity and existing multi-billion-dollar contracts with tech giants like Microsoft and Meta, which stabilize cash flow against market volatility.
  • With the stock trading at $262.80, Constellation Energy Co. offers a valuation that some analysts view as a discount relative to its earnings power, particularly given that the company is already profitable and benefits from government-backed incentives like Production Tax Credits that support earnings growth into the 2030s.
  • The company is positioned to capitalize on surging electricity demand from data centers and AI infrastructure, a trend projected to double by 2030, allowing Constellation Energy Co. to leverage its nuclear fleet as a reliable, round-the-clock power source that meets the specific needs of these high-consumption industries.
  • Regulatory shifts are favoring the nuclear sector, with the Nuclear Regulatory Commission now actively facilitating new capacity and shortening approval timelines, while federal programs like the American Nuclear Supply Chain Loans provide low-interest capital that reduces the financial risk associated with long-term energy projects.

Constellation Energy
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Constellation Energy Co. for these reasons:

  • Constellation Energy Co. has experienced significant price volatility, with the stock falling 15.5% over the last six months and dropping more than 25% from its 52-week high of $412.70, reflecting a broader sector pullback that has left many investors with unrealized losses.
  • The nuclear sector faces a structural mismatch between demand and supply, as standard reactors take six to eight years to build, meaning that while demand from AI and data centers is growing rapidly, the company cannot immediately scale its nuclear output to capture all of this new revenue.
  • Short interest in Constellation Energy Co. has increased recently, with shares shorted rising to over 11.5 million as of August 2026, indicating that a portion of the market remains skeptical about the stock's near-term performance and potential for further downside.
  • The company's expansion into natural gas generation, such as the recent Rhode Island acquisition, introduces exposure to fuel price volatility and regulatory risks associated with fossil fuels, which may conflict with the pure-play clean energy narrative that attracted many investors to the nuclear sector.
  • Despite strong fundamentals, the stock trades at a price-to-earnings ratio of 25.61, which is a premium valuation that leaves little room for error if earnings growth does not materialize as quickly as projected or if interest rates remain elevated, impacting the cost of capital for new projects.

CEG Forecast - Frequently Asked Questions

According to the research reports of 22 Wall Street equities research analysts, the average twelve-month stock price forecast for Constellation Energy is $353.14, with a high forecast of $441.00 and a low forecast of $277.00.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Constellation Energy in the last twelve months. There are currently 5 hold ratings, 15 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CEG shares.

According to analysts, Constellation Energy's stock has a predicted upside of 38.65% based on their 12-month stock forecasts.

Constellation Energy has been rated by research analysts at Argus, Barclays, BMO Capital Markets, BNP Paribas Exane, Citigroup, Morgan Stanley, TD Cowen, UBS Group, Weiss Ratings, and Wells Fargo & Company in the past 90 days.

Analysts like Constellation Energy more than other "utilities" companies. The consensus rating for Constellation Energy is Moderate Buy while the average consensus rating for "utilities" companies is Hold. Learn more on how CEG compares to other companies.


MarketBeat monitors more than a dozen sources for Constellation Energy analyst ratings, with the most recent rating issued on 9/18/2026.
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