Bernstein Reiterates Buy Rating on Constellation Energy

On June 17, 2026, Bernstein analyst Sunaina Ocalan reiterated a buy rating on Constellation Energy Corporation (NasdaqGS: CEG), setting a price target of $296. The stock is currently trading around $268.

Constellation Energy Stock Snapshot

Shares of Constellation Energy (NasdaqGS: CEG) are trading near $268. The company boasts a market capitalization of approximately $95.7 billion and a P/E ratio of 23.3. Its forward P/E is slightly lower at 19.7, indicating expectations of earnings growth. The stock has seen a 52-week range between $240.51 and $412.70, with a 50-day moving average of $284.76 and a 200-day moving average of $319.65.

Recent Earnings

In its latest quarter, Constellation Energy reported revenue of about $29.87 billion, reflecting a growth rate of 0.64%. The company's net margin stands at 12.7%, with a return on equity of 16.1%. Earnings per share were $11.50. The next earnings report is expected on August 10, 2026.

Dividend

Constellation Energy pays an annual dividend of $1.71, yielding 0.64%. The dividend payout ratio is a conservative 13.8%, suggesting room for future increases.

Insider Buying and Selling at Constellation Energy Corporation

There was notable insider buying activity on April 28, 2026. Insiders including Robert Lawless, Yves De Balmann, Bradley Halverson, John Richardson, Eileen Paterson, and Julie Holzrichter each purchased 556 shares at an average price of $305.71.

Analysts Set New Price Targets

On June 17, 2026, Bernstein reiterated a buy rating with a target of $296. Previously, Mizuho maintained a hold rating with a $310 target on May 12, while TD Cowen retained a buy rating with a $381 target on May 4. Scotiabank also maintained a buy rating, setting a high target of $441 on April 29. Overall, the consensus rating is a strong buy, with an average target price of $368.43 based on 19 analyst opinions.

About Constellation Energy Corporation

Constellation Energy Corporation, based in Baltimore, Maryland, produces and sells energy products and services across the United States. Operating through segments like Mid-Atlantic, Midwest, and New York, it offers electricity, natural gas, and sustainable solutions. The company manages approximately 31,676 megawatts of generating capacity, including nuclear, wind, solar, natural gas, and hydroelectric power sources. CEO Joseph Dominguez leads the company, which employs over 15,000 people.

Bottom Line

Bernstein's reiterated buy rating on Constellation Energy reflects continued confidence in the company's growth prospects. With a strong market position and a diverse energy portfolio, Constellation remains a key player in the utilities sector. Investors should note that analyst ratings are forward-looking and may not reflect current market conditions.