Constellation Energy's Stock Rises After Major Acquisition Announcement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 27 2026
0mins
Should l Buy CEG?
Source: Benzinga
Constellation Energy Corp's stock surged by 5.96%, crossing above the 5-day SMA, amid positive market conditions with the Nasdaq-100 up 1.09% and the S&P 500 up 0.76%.
The increase in stock price is attributed to Constellation's recent completion of its $26.6 billion acquisition of Calpine, which significantly enhances its power supply capacity and positions it as the largest electricity producer in the U.S. This strategic move is expected to drive a 20% increase in adjusted earnings per share in 2026, reflecting strong growth potential in response to rising electricity demand.
This acquisition not only strengthens Constellation's market position but also aligns with the growing demand for clean energy solutions. The company's commitment to sustainability and community impact further enhances its reputation, making it an attractive investment opportunity.
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Analyst Views on CEG
Wall Street analysts forecast CEG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CEG is 412.82 USD with a low forecast of 350.00 USD and a high forecast of 520.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
8 Buy
3 Hold
0 Sell
Moderate Buy
Current: 247.060
Low
350.00
Averages
412.82
High
520.00
Current: 247.060
Low
350.00
Averages
412.82
High
520.00
About CEG
Constellation Energy Corporation is a producer of emissions-free energy and an energy supplier to businesses, homes and public sector customers nationwide. The Company’s nuclear, hydro, wind, and solar generation facilities have the generating capacity to power the equivalent of 16 million homes, providing about 10% of the nation's clean energy in the United States. Its segments include Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. Through its integrated business operations, it sells electricity, natural gas, and other energy-related products and sustainable solutions to various types of customers, including distribution utilities, municipalities, cooperatives, and commercial, industrial, public sector, and residential customers in markets across multiple geographic regions. Its nuclear fleet has a generating capacity of approximately 22 gigawatts (GWs). It operates approximately 10 GWs of natural gas, oil, hydroelectric, wind, and solar generation assets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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