Constellation Energy Corporation (CEG)
NASDAQ: CEG · IEX Real-Time Price · USD
189.30
+2.02 (1.08%)
At close: Jul 19, 2024, 4:00 PM
189.90
+0.60 (0.32%)
Pre-market: Jul 22, 2024, 4:37 AM EDT
Constellation Energy Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for CEG stock have an average target of 231.11, with a low estimate of 198 and a high estimate of 250. The average target predicts an increase of 22.09% from the current stock price of 189.30.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CEG stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 1 | 1 | 1 |
| Buy | 3 | 3 | 4 | 5 | 5 | 5 |
| Hold | 3 | 3 | 3 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 9 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $237 → $241 | Buy | Maintains | $237 → $241 | +27.31% | Jun 24, 2024 |
| UBS | UBS | Strong Buy Maintains $227 → $249 | Strong Buy | Maintains | $227 → $249 | +31.54% | Jun 18, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $218 | Hold | Reiterates | $218 | +15.16% | Jun 12, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $116 → $230 | Hold | Maintains | $116 → $230 | +21.50% | May 30, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $207 → $237 | Buy | Maintains | $207 → $237 | +25.20% | May 28, 2024 |
Financial Forecast
Revenue This Year
24.35B
from 24.92B
Decreased by -2.30%
Revenue Next Year
24.82B
from 24.35B
Increased by 1.94%
EPS This Year
7.85
from 5.01
Increased by 56.67%
EPS Next Year
8.53
from 7.85
Increased by 8.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29.2B | 27.6B | 28.1B | 29.4B | 28.9B |
| Avg | 24.3B | 24.8B | 26.0B | 26.5B | 22.1B |
| Low | 19.7B | 22.9B | 24.7B | 23.7B | 12.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.2% | 13.5% | 13.1% | 13.0% | 9.3% |
| Avg | -2.3% | 1.9% | 4.8% | 1.8% | -16.6% |
| Low | -21.0% | -5.9% | -0.5% | -8.8% | -53.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.80 | 9.52 | 11.90 | 15.32 | 19.14 |
| Avg | 7.85 | 8.53 | 9.21 | 10.48 | 12.90 |
| Low | 7.35 | 7.68 | 6.68 | 8.08 | 9.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 75.6% | 21.3% | 39.5% | 66.4% | 82.6% |
| Avg | 56.7% | 8.7% | 7.9% | 13.9% | 23.1% |
| Low | 46.7% | -2.1% | -21.6% | -12.3% | -13.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.