Analysis: Constellation Energy Corporation

US:CEG

Why is Constellation Energy Corporation stock rising?

  • Guidance raise: FY2026 adjusted operating earnings outlook increased by $0.50 to $11.50-$12.50 per share.
  • New long-term nuclear contracts: about 920 MW signed with investment-grade customers, including Walmart's first nuclear PPA.
  • Crane restart milestone: NRC fuel amendment clears path for new fuel and targets return to service in H2 2027.
  • CyrusOne data-center power delivery: Freestone substation construction underway, expected energization in Q4 2026.
  • 2026 capacity additions: more than 600 MW of new gas, battery, wind, and solar capacity scheduled to enter service.

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