Constellation Energy Corporation (CEG)
NASDAQ: CEG · IEX Real-Time Price · USD
219.93
+1.80 (0.83%)
At close: Jun 13, 2024, 4:00 PM
219.82
-0.11 (-0.05%)
After-hours: Jun 13, 2024, 7:56 PM EDT
Constellation Energy Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for CEG stock have an average target of 225.33, with a low estimate of 198 and a high estimate of 250. The average target predicts an increase of 2.46% from the current stock price of 219.93.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 2 | 2 | 1 | 1 |
| Buy | 4 | 3 | 3 | 4 | 5 | 5 |
| Hold | 6 | 3 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 7 | 8 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Reiterates $218 | Hold | Reiterates | $218 | -0.88% | Jun 12, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $116 → $230 | Hold | Maintains | $116 → $230 | +4.58% | May 30, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $207 → $237 | Buy | Maintains | $207 → $237 | +7.76% | May 28, 2024 |
| Keybanc | Keybanc | Buy Maintains $190 → $230 | Buy | Maintains | $190 → $230 | +4.58% | May 20, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $215 → $250 | Buy | Maintains | $215 → $250 | +13.67% | May 15, 2024 |
Financial Forecast
Revenue This Year
24.41B
from 24.92B
Decreased by -2.03%
Revenue Next Year
25.22B
from 24.41B
Increased by 3.31%
EPS This Year
7.75
from 5.01
Increased by 54.60%
EPS Next Year
8.44
from 7.75
Increased by 8.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29.2B | 27.6B | 28.1B | 28.5B | 12.8B |
| Avg | 24.4B | 25.2B | 26.0B | 21.1B | 12.3B |
| Low | 19.7B | 22.9B | 24.7B | 11.5B | 12.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.2% | 13.2% | 11.3% | 9.4% | -39.2% |
| Avg | -2.0% | 3.3% | 3.2% | -18.9% | -41.6% |
| Low | -21.0% | -6.0% | -2.1% | -55.9% | -43.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.80 | 9.52 | 11.43 | 13.14 | 14.42 |
| Avg | 7.75 | 8.44 | 8.93 | 10.05 | 11.38 |
| Low | 6.92 | 7.68 | 6.68 | 8.05 | 9.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 75.6% | 23.0% | 35.5% | 47.2% | 43.5% |
| Avg | 54.6% | 9.0% | 5.8% | 12.6% | 13.3% |
| Low | 38.1% | -0.8% | -20.8% | -9.9% | -9.8% |
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.