Constellation Energy Corp (CEG · NASDAQ)

Constellation Energy (CEG) trades at $263.27, down 34.5% from its 52-week high and sitting at an RSI of 22, with the stock below all three key moving averages (SMA20 -4.0%, SMA50 -3.1%, SMA200 -9.1%). Fundamentals show a divergence: revenue grew 23.0% YoY to $31.27B TTM, but earnings fell 46.8%, and the most recent quarter (June 2026) posted negative free cash flow of -$118.0M as capex ($1.25B) exceeded operating cash flow ($1.13B). The company beat estimates in two of its last four quarters, most recently reporting $2.55 vs. $2.36 expected, and carries $24.70B in total debt at 3.1x EBITDA. News flow includes commentary on the Microsoft/Three Mile Island power contract and a technical note flagging a potential decline toward $245 after a support break.