Baltimore, Maryland-based Constellation Energy Corporation (CEG) produces and sells energy products and services in the United States. The company has a market cap of $89.5 billion and operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions, and offers electricity, natural gas, energy-related products, and sustainable solutions.
CEG is expected to release its Q3 2026 earnings on Monday, November 9, 2026, before the market opens. Ahead of the event, analysts expect the company’s EPS to be $3.91 on a diluted basis, up 28.6% from $3.04 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in three of its last four quarters, while missing on one occasion.
For fiscal 2026, analysts project the company’s EPS to be $12.12, up 29.1% from $9.39 in fiscal 2025. Moreover, its EPS is expected to rise by roughly 9.3% year over year (YoY) to $13.25 in fiscal 2027.
CEG stock has declined 35.1% over the past 52 weeks, lagging behind the S&P 500 Index’s ($SPX) 13% rise and the State Street Utilities Select Sector SPDR ETF’s (XLU) 6.9% fall during the same time frame.
CEG announced its Q2 2026 earnings on Aug. 6. The company’s revenue for the period amounted to $7.5 billion and surpassed the Street’s estimates. Moreover, its adjusted EPS also came in at $2.55, coming in above Wall Street’s forecasts. The company lifted its full-year adjusted operating earnings guidance to $11.50-$12.50 per share, while also locking in another 920 megawatts of long-term power purchase agreements running for 15 to 20 years, with deliveries scheduled between 2029 and 2032. CEG stock declined 1.5% following the release, as investor confidence was lost over less-than-expected guidance numbers.
Analysts’ consensus opinion on the stock is highly bullish, with a “Strong Buy” rating overall. Of the 21 analysts covering the stock, 15 recommend a “Strong Buy,” one suggests a “Moderate Buy,” and five recommend a “Hold.” CEG’s average analyst price target is $341.36, indicating an upside of 35.2% from the current level.
On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.