Constellation Energy (CEG) Stock Forecast, Price Target & Predictions
CEG Stock Forecast
Constellation Energy stock forecast is as follows: an average price target of $195.78 (represents a -2.27% downside from CEG’s last price of $200.33) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
CEG Price Target
The average price target for Constellation Energy (CEG) is $195.78 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $249.00 to $69.00. This represents a potential -2.27% downside from CEG's last price of $200.33.
CEG Analyst Ratings
According to 10 Wall Street analysts, Constellation Energy's rating consensus is 'Buy'. The analyst rating breakdown for CEG stock is 0 'Strong Buy' (0.00%), 6 'Buy' (60.00%), 4 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Constellation Energy Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 12, 2024 | Julien Dumoulin-Smith | Jefferies | $186.00 | $189.93 | -2.07% | -7.15% |
| Sep 12, 2024 | Paul Zimbardo | Jefferies | $183.00 | $189.93 | -3.65% | -8.65% |
| Aug 08, 2024 | James Thalacker | BMO Capital | $246.00 | $183.49 | 34.07% | 22.80% |
| Aug 08, 2024 | Nicholas Campanella | Barclays | $211.00 | $179.66 | 17.44% | 5.33% |
| Jun 18, 2024 | Ross Fowler | UBS | $249.00 | $220.41 | 12.97% | 24.29% |
| Jun 12, 2024 | Shelby Tucker | RBC Capital | $218.00 | $216.28 | 0.80% | 8.82% |
| Jun 10, 2024 | James Thalacker | BMO Capital | $248.00 | $212.84 | 16.52% | 23.80% |
| May 28, 2024 | David Arcaro | Morgan Stanley | $237.00 | $230.80 | 2.69% | 18.30% |
| May 20, 2024 | Sophie Karp | KeyBanc | $230.00 | $213.11 | 7.93% | 14.81% |
| May 13, 2024 | James Thalacker | BMO Capital | $247.00 | $213.78 | 15.54% | 23.30% |
The latest Constellation Energy stock forecast, released on Sep 12, 2024 by Julien Dumoulin-Smith from Jefferies, set a price target of $186.00, which represents a -2.07% decrease from the stock price at the time of the forecast ($189.93), and a -7.15% decrease from CEG last price ($200.33).
Constellation Energy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 4 | 12 |
| Avg Price Target | $184.50 | $206.50 | $215.17 |
| Last Closing Price | $200.33 | $200.33 | $200.33 |
| Upside/Downside | -7.90% | 3.08% | 7.41% |
In the current month, the average price target of Constellation Energy stock is $184.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a -7.90% decrease as opposed to Constellation Energy's last price of $200.33. This month's average price target is down -10.65% compared to last quarter, and down -14.25% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 12, 2024 | Jefferies | - | Hold | Initialise |
| Aug 23, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Aug 08, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jun 18, 2024 | UBS | Buy | Buy | Hold |
| Jun 12, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Jun 10, 2024 | BMO Capital | Outperform | Outperform | Hold |
| May 30, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
| May 28, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| May 20, 2024 | KeyBanc | Overweight | Overweight | Hold |
| May 13, 2024 | BMO Capital | Outperform | Outperform | Hold |
Constellation Energy's last stock rating was published by Jefferies on Sep 12, 2024. The company Initialise its CEG rating from "null" to "Hold".
Constellation Energy Financial Forecast
Constellation Energy Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.80B | - | $5.45B | $7.57B | $7.33B | $6.05B | - | $5.59B | $5.53B |
| Avg Forecast | $6.26B | $6.20B | $6.14B | $6.08B | $6.02B | $5.97B | $5.91B | $5.85B | $5.80B | $5.74B | $5.69B | $5.64B | $4.97B | $5.57B | $5.34B | $6.16B | $5.31B | $6.00B | $5.55B | $6.62B | $7.74B | $7.01B | $4.55B | $5.87B | $3.63B | $3.92B | $3.64B | $4.89B | $2.26B |
| High Forecast | $6.50B | $6.44B | $6.38B | $6.32B | $6.26B | $6.20B | $6.14B | $6.08B | $6.02B | $5.97B | $5.91B | $5.85B | $5.17B | $5.79B | $5.54B | $6.40B | $5.51B | $6.23B | $5.76B | $6.88B | $8.04B | $7.28B | $4.72B | $6.09B | $3.77B | $4.07B | $3.64B | $5.20B | $2.41B |
| Low Forecast | $6.02B | $5.96B | $5.90B | $5.85B | $5.79B | $5.74B | $5.68B | $5.63B | $5.58B | $5.52B | $5.47B | $5.42B | $4.78B | $5.36B | $5.13B | $5.92B | $5.10B | $5.77B | $5.34B | $6.37B | $7.44B | $6.74B | $4.37B | $5.64B | $3.49B | $3.77B | $3.64B | $4.42B | $2.05B |
| # Analysts | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.75% | - | 1.20% | 1.29% | 2.02% | 1.54% | - | 1.14% | 2.44% |
Constellation Energy's average Quarter revenue forecast for Mar 24 based on 1 analysts is $6.62B, with a low forecast of $6.37B, and a high forecast of $6.88B. CEG's average Quarter revenue forecast represents a 14.23% increase compared to the company's last Quarter revenue of $5.80B (Dec 23).
Constellation Energy EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $295.00M | - | $1.34B | $924.00M | $495.00M | $260.00M | - | $994.00M | $820.00M |
| Avg Forecast | $1.30B | $1.29B | $1.28B | $1.27B | $1.25B | $1.24B | $1.23B | $1.22B | $1.21B | $1.20B | $1.18B | $1.17B | $1.04B | $1.16B | $1.11B | $1.28B | $1.10B | $1.25B | $1.16B | $1.38B | $1.61B | $1.46B | $946.54M | $1.22B | $755.60M | $816.10M | $758.34M | $987.27M | $471.45M |
| High Forecast | $1.35B | $1.34B | $1.33B | $1.31B | $1.30B | $1.29B | $1.28B | $1.27B | $1.25B | $1.24B | $1.23B | $1.22B | $1.08B | $1.20B | $1.15B | $1.33B | $1.15B | $1.30B | $1.20B | $1.43B | $1.67B | $1.52B | $982.95M | $1.27B | $784.67M | $847.50M | $758.34M | $1.18B | $500.94M |
| Low Forecast | $1.25B | $1.24B | $1.23B | $1.22B | $1.21B | $1.19B | $1.18B | $1.17B | $1.16B | $1.15B | $1.14B | $1.13B | $995.90M | $1.12B | $1.07B | $1.23B | $1.06B | $1.20B | $1.11B | $1.33B | $1.55B | $1.40B | $910.12M | $1.17B | $726.53M | $784.71M | $758.34M | $789.82M | $426.37M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.18% | - | 1.42% | 0.76% | 0.66% | 0.32% | - | 1.01% | 1.74% |
1 analysts predict CEG's average Quarter EBITDA for Mar 24 to be $1.38B, with a high of $1.43B and a low of $1.33B. This is 367.25% upper than Constellation Energy's previous annual EBITDA (Dec 23) of $295.00M.
Constellation Energy Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-36.00M | - | $833.00M | $96.00M | $34.00M | $-189.00M | - | $106.00M | $43.00M |
| Avg Forecast | $1.17B | $2.02B | $1.37B | $1.40B | $882.78M | $1.53B | $1.03B | $1.06B | $746.27M | $1.08B | $745.84M | $792.28M | $720.05M | $1.02B | $579.90M | $618.46M | $610.09M | $807.80M | $541.58M | $411.85M | $568.47M | $467.52M | $231.52M | $345.70M | $80.89M | $212.87M | $173.32M | $147.19M | $605.29M |
| High Forecast | $1.22B | $2.12B | $1.43B | $1.47B | $926.93M | $1.61B | $1.09B | $1.11B | $783.59M | $1.13B | $783.14M | $831.90M | $756.06M | $1.07B | $608.91M | $649.39M | $640.60M | $817.38M | $568.66M | $432.45M | $575.16M | $490.90M | $243.10M | $362.99M | $84.94M | $223.52M | $173.32M | $176.63M | $654.51M |
| Low Forecast | $1.11B | $1.92B | $1.30B | $1.33B | $838.63M | $1.45B | $982.91M | $1.00B | $708.95M | $1.02B | $708.54M | $752.66M | $684.05M | $969.94M | $550.90M | $587.53M | $579.58M | $795.03M | $514.50M | $391.26M | $558.44M | $444.14M | $219.94M | $328.42M | $76.85M | $202.23M | $173.32M | $117.75M | $530.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.06% | - | 3.60% | 0.28% | 0.42% | -0.89% | - | 0.72% | 0.07% |
Constellation Energy's average Quarter net income forecast for Sep 23 is $467.52M, with a range of $444.14M to $490.90M. CEG's average Quarter net income forecast represents a -43.87% decrease compared to the company's last Quarter net income of $833.00M (Jun 23).
Constellation Energy SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $8.83M | $8.75M | $8.66M | $8.58M | $8.50M | $8.42M | $8.34M | $8.26M | $8.18M | $8.11M | $8.03M | $7.95M | $7.02M | $7.86M | $7.53M | $8.69M | $7.49M | $8.46M | $7.83M | $9.34M | $10.92M | $9.90M | $6.42M | $8.28M | $5.12M | $5.53M | $5.14M | $4.40M | $2.04M |
| High Forecast | $9.17M | $9.08M | $9.00M | $8.91M | $8.83M | $8.74M | $8.66M | $8.58M | $8.50M | $8.42M | $8.34M | $8.26M | $7.29M | $8.17M | $7.82M | $9.03M | $7.78M | $8.79M | $8.13M | $9.70M | $11.34M | $10.28M | $6.66M | $8.60M | $5.32M | $5.74M | $5.14M | $4.68M | $2.17M |
| Low Forecast | $8.49M | $8.41M | $8.33M | $8.25M | $8.17M | $8.10M | $8.02M | $7.94M | $7.87M | $7.79M | $7.72M | $7.65M | $6.75M | $7.56M | $7.24M | $8.36M | $7.20M | $8.14M | $7.53M | $8.98M | $10.50M | $9.52M | $6.17M | $7.96M | $4.92M | $5.32M | $5.14M | $3.98M | $1.84M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Constellation Energy's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to CEG last annual SG&A of $NaN (undefined).
Constellation Energy EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.11 | - | $2.57 | $0.30 | $0.10 | $-0.58 | - | $0.32 | $0.13 |
| Avg Forecast | $3.69 | $6.39 | $4.32 | $4.42 | $2.79 | $4.84 | $3.27 | $3.35 | $2.36 | $3.41 | $2.36 | $2.51 | $2.28 | $3.23 | $1.84 | $1.96 | $1.93 | $2.56 | $1.71 | $1.30 | $1.80 | $1.48 | $0.73 | $1.09 | $0.26 | $0.67 | $0.55 | $0.66 | $1.89 |
| High Forecast | $3.87 | $6.71 | $4.54 | $4.64 | $2.93 | $5.08 | $3.44 | $3.52 | $2.48 | $3.58 | $2.48 | $2.63 | $2.39 | $3.39 | $1.93 | $2.06 | $2.03 | $2.59 | $1.80 | $1.37 | $1.82 | $1.55 | $0.77 | $1.15 | $0.27 | $0.71 | $0.55 | $0.72 | $2.05 |
| Low Forecast | $3.50 | $6.07 | $4.11 | $4.20 | $2.65 | $4.60 | $3.11 | $3.18 | $2.24 | $3.24 | $2.24 | $2.38 | $2.16 | $3.07 | $1.74 | $1.86 | $1.83 | $2.52 | $1.63 | $1.24 | $1.77 | $1.41 | $0.70 | $1.04 | $0.24 | $0.64 | $0.55 | $0.58 | $1.66 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.06% | - | 3.51% | 0.27% | 0.39% | -0.86% | - | 0.48% | 0.07% |
According to 1 Wall Street analysts, Constellation Energy's projected average Quarter EPS for Sep 23 is $1.48, with a low estimate of $1.41 and a high estimate of $1.55. This represents a -42.43% decrease compared to CEG previous annual EPS of $2.57 (Jun 23).
Constellation Energy Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NEP | NextEra Energy Partners, LP | $26.34 | $49.89 | 89.41% | Buy |
| BEP | Brookfield Renewable Partners | $26.23 | $37.12 | 41.52% | Buy |
| AQN | Algonquin Power & Utilities | $5.50 | $7.53 | 36.91% | Hold |
| CWEN | Clearway Energy | $29.30 | $35.00 | 19.45% | Buy |
| AY | Atlantica Sustainable Infrastructure | $21.92 | $25.40 | 15.88% | Hold |
| CEG | Constellation Energy | $200.33 | $195.78 | -2.27% | Buy |
CEG Forecast FAQ
Is Constellation Energy a good buy?
Yes, according to 10 Wall Street analysts, Constellation Energy (CEG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 60.00% of CEG's total ratings.
What is CEG's price target?
Constellation Energy (CEG) average price target is $195.78 with a range of $69 to $249, implying a -2.27% from its last price of $200.33. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Constellation Energy stock go up soon?
According to Wall Street analysts' prediction for CEG stock, the company can go down by -2.27% (from the last price of $200.33 to the average price target of $195.78), up by 24.29% based on the highest stock price target, and down by -65.56% based on the lowest stock price target.
Can Constellation Energy stock reach $300?
CEG's average twelve months analyst stock price target of $195.78 does not support the claim that Constellation Energy can reach $300 in the near future.
What is Constellation Energy's current price target trend?
2 Wall Street analysts forecast a $184.5 price target for Constellation Energy (CEG) this month, down -7.90% from its last price of $200.33. Compared to the last 3 and 12 months, the average price target increased by 3.08% and increased by 7.41%, respectively.
What are Constellation Energy's analysts' financial forecasts?
Constellation Energy's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $23.76B (high $24.67B, low $22.84B), average EBITDA is $4.95B (high $5.14B, low $4.76B), average net income is $4.5B (high $4.73B, low $4.28B), average SG&A $33.52M (high $34.81M, low $32.23M), and average EPS is $14.25 (high $14.97, low $13.54). CEG's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $24.68B (high $25.63B, low $23.73B), average EBITDA is $5.14B (high $5.34B, low $4.94B), average net income is $5.95B (high $6.25B, low $5.65B), average SG&A $34.82M (high $36.16M, low $33.48M), and average EPS is $18.82 (high $19.76, low $17.88).
Did the CEG's actual financial results beat the analysts' financial forecasts?
Based on Constellation Energy's last annual report (Dec 2023), the company's revenue was $24.92B, which missed the average analysts forecast of $25.17B by -1.00%. Apple's EBITDA was $3.15B, missing the average prediction of $5.24B by -39.94%. The company's net income was $1.62B, beating the average estimation of $1.61B by 0.61%. Apple's SG&A was $0, missing the average forecast of $35.52M by -100.00%. Lastly, the company's EPS was $5.01, missing the average prediction of $5.11 by -1.86%. In terms of the last quarterly report (Dec 2023), Constellation Energy's revenue was $5.8B, missing the average analysts' forecast of $7.74B by -25.13%. The company's EBITDA was $295M, missing the average prediction of $1.61B by -81.70%. Constellation Energy's net income was $-36M, missing the average estimation of $568.47M by -106.33%. The company's SG&A was $0, missing the average forecast of $10.92M by -100.00%. Lastly, the company's EPS was $-0.11, missing the average prediction of $1.8 by -106.11%