NASDAQ · CEG

Constellation Energy Corporation

Utilities · Independent Power Producers

$262.38▼ 0.83% ($2.20)at close

After hours$263.25▲ 0.33%7:59 PM ET

52-week

$228.63$388.47

Market cap

$92.96B

P/E

26.81

EPS (TTM)

$9.79

Valuation

Earnings yield

Below TreasuryYield below the 10-year Treasury

Earnings yield · Reported earnings

3.73%

10-year Treasury benchmark: 4.93%

USD · TTM earnings ending Jun 30, 2026 · Price Oct 30, 8:00 PM UTC

Your edits update the card above as you go.

Earnings yield · Maximum entry price

Unavailable

Projected annual return:: Unavailable
Current earnings yield:: 3.73%
10-year Treasury benchmark:: 4.93%

Entry price is a return-based threshold, not an estimate of value.

USD · TTM earnings ending 2026-06-30

Estimate an entry price from future earnings and your required return. Growth and the exit P/E change the forecast; current earnings yield uses only EPS and the price used.

Earnings per sharePer share · USD

Annual EPS growth percent

Target price-to-earnings multiple

Holding period in years

Required annual return percent

Add a positive EPS and exit P/E, and an EPS growth assumption to calculate the forecast.

EPS basis: reported earnings at full precision. Current earnings yield: 3.73%. Dividends are excluded from projected annual return.

Price vs Fundamentals

Why The Stock Is Moving

Likely multiple compressionHigh confidence

1Y Price: -31.4%Revenue (TTM): 25.98%FCF (TTM): 112.89%P/E: 36th pct

What changed

The stock fell 31.4% over the last year. Revenue grew 25.98% over the trailing twelve months. Operating margin moved from 15.47% to 14.7%. Free cash flow grew 112.89% over the trailing twelve months.

What the market seems to be pricing

Visible fundamentals weakened far less than the stock price, and the shares now sit around the 36th percentile of their historical P/E range. That looks more like a rerating of the multiple than a collapse in the business.

What would invalidate this read

This read changes if operating margin (currently 14.7%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.

Return analysis

Company profile

Constellation Energy Corporation operates as a U.S.-based firm dedicated to producing and distributing electricity.

CEOJoseph Dominguez

SectorUtilities

IndustryIndependent Power Producers

Employees15,315

IPO dateJan 19, 2022

https://constellationenergy.com

Market multiples

Forward P/E—

EV/EBITDA (FY2025 year-end)20.56

Enterprise value (FY2025 year-end)$115.82B

Stock splits

No stock splits recorded for this ticker.

Profitability & growth

Revenue growth (Q2 FY26 YoY)23%

Gross margin (FY2025)18.38%▼7.0ppvs FY2024

Operating margin (FY2025)12.09%▼6.4ppvs FY2024

ROE (TTM to Jun 2026)15.26%▼1.5ppvs FY2025

Analyst consensus

RatingBuy

Target price$341.85▲30.29%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Actuals vs estimates by quarter, or any quarter against the same one a year earlier.

Next report

Nov 9, 2026

Q3 FY26 · EPS est $3.88 · Revenue est $9.2B

Same quarter, year over year

FY26 YTD +30.6%

Each cell vs the same quarter a year earlier (the cell below) · Q1–Q2 combined $5.29 vs $4.05 · all 2 quarters up

FY total

FY26

—

FY25

$9.39+8.2%

FY24

$8.68—

FY23

—

Fiscal year totals

FY25: $9.39; +8.2%
FY24: $8.68; —

SlowerFaster growth(darkest from 26%)

BeatMissIn lineYear-ago cell

n/m: last year’s figure was zero, a loss or too small to compare against

Q2 FY26

Reported Aug 6, 2026 · Latest

HoverTap a cell to inspect

Actual

$2.55

Beat by 11.4%

Estimate

$2.29

Street consensus

Year over year

+33.5%

vs Q2 FY25 · $1.91

Vs prior quarter

-6.9%

vs Q1 FY26 · $2.74

Price range $242.30-$322.78 · daily closes Apr 1-Jun 30

Implied at 24.7x street P/E $262.38 · street TTM EPS × current multiple

Institutional Sentiment

Constellation Energy Corporation · CEG

From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.