CEG — Constellation Energy Corporation
Utilities · Utilities - Independent Power Producers
About Constellation Energy Corporation
Constellation Energy Corporation produces and sells energy products and services in the United States. The company operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. It offers electricity, natural gas, energy-related products, and sustainable solutions. The company has approximately 31,676 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. It serves distribution utilities, municipalities, cooperatives, and commercial, industrial, public sector, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland.
The nuclear & uranium complex
This bucket is really two trades sharing one story. The first is fuel: uranium miners (Cameco, NexGen, UEC, Energy Fuels) and the West's only listed enricher (Centrus), levered to a uranium price that recovered after a decade of oversupply. The second is reactors: Constellation runs America's largest nuclear fleet, BWX Technologies builds naval and government reactors, and Oklo and NuScale are pre-revenue startups designing small modular reactors. What revived the whole complex is electricity demand — above all from AI data centers, whose owners have signed long-term deals for nuclear power at premium prices. Be precise about what you own here: producing businesses with contracts and cash flow, or story stocks priced for a buildout that is still years away. Constellation operates America's largest nuclear fleet and struck the landmark deal to restart Three Mile Island for Microsoft's data centers.
Key data · delayed ~15 min, as of 1 August 2026
| Ticker | CEG |
| Company | Constellation Energy Corporation |
| Price | $262.75 |
| Market cap | $93.8B |
| Sector / industry | Utilities / Utilities - Independent Power Producers |
| Analyst mean target | $353 (21 analysts, buy) |
Valuation read
What the price implies: the market is pricing in roughly ~5%/yr earnings growth (moderate), on a reverse-DCF of forward earnings ($13.38). Run your own assumptions in the fair-value calculator.
Chart
Related energy names
See the full picture on the energy stocks bubble map, or watch the whole sector live on the terminal.
Test what today's price assumes with your own growth and discount inputs — no signup needed.
Open the fair-value calculator →Market data is delayed ~15 minutes and provided for education, not as financial advice. "Hot" means attention, not direction.