Constellation Energy Corp (CEG · NASDAQ)

Constellation Energy (CEG) last traded at $271.37, down 9.0% over five days and 32.0% below its 52-week high, though the stock remains up 6.5% over the past month. The company beat estimates in two of its last four quarters, including the most recent (Q2 2026 EPS of $2.55 versus $2.36 expected), but earnings fell 46.8% year over year even as revenue grew 23.0% to $31.27B TTM; free cash flow was negative $118.0M in the quarter ended June 30, 2026, as capex ($1.25B) exceeded operating cash flow ($1.13B). Leverage stands at 3.1x debt/EBITDA on $24.70B of total debt, with a current ratio of 1.46 and $1.08B in cash. Analyst sentiment has been mixed-to-positive recently — CIBC initiated a Buy with a $358 target and Morgan Stanley rated it a Buy in October, while Goldman Sachs held at Hold — against a consensus target of $337.57.