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Constellation Energy (CEG) Stock Forecast & Price Target

Constellation Energy logo
$235.42 +0.84 (+0.36%)
(As of 11/20/2024 ET)

Constellation Energy - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
7
Buy
9

Based on 16 Wall Street analysts who have issued ratings for Constellation Energy in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 7 have given a hold rating, and 9 have given a buy rating for CEG.

Consensus Price Target

$280.36
19.09% Upside
According to the 16 analysts' twelve-month price targets for Constellation Energy, the average price target is $280.36. The highest price target for CEG is $342.00, while the lowest price target for CEG is $235.00. The average price target represents a forecasted upside of 19.09% from the current price of $235.42.
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CEG Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
9 Buy rating(s)
8 Buy rating(s)
4 Buy rating(s)
Hold
7 Hold rating(s)
7 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$280.36$277.00$226.36$102.00
Forecasted Upside19.09% Upside4.14% Upside16.09% Upside-17.24% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

CEG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CEG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Constellation Energy Stock vs. The Competition

TypeConstellation EnergyOils/Energy CompaniesS&P 500
Consensus Rating Score
2.56
2.62
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside19.09% Upside1,430.18% Upside9.81% Upside
News Sentiment Rating
Positive News

See Recent CEG News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/8/2024BMO Capital Markets
4 of 5 stars
 Lower TargetOutperform ➝ Outperform$298.00 ➝ $291.00+21.45%
11/7/2024Barclays
3 of 5 stars
N. Campanella
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Lower TargetOverweight ➝ Overweight$282.00 ➝ $270.00+12.50%
11/5/2024Mizuho
2 of 5 stars
 Lower TargetNeutral ➝ Neutral$264.00 ➝ $235.00+0.29%
10/22/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$279.00 ➝ $298.00+9.96%
10/17/2024JPMorgan Chase & Co.
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 Initiated CoverageOverweight$342.00+22.23%
10/15/2024Citigroup
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R. Levine
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Initiated CoverageNeutral$284.00+4.51%
10/3/2024Royal Bank of Canada
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 Boost TargetSector Perform ➝ Sector Perform$214.00 ➝ $272.00-2.00%
9/27/2024Dbs Bank
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E. Pang
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DowngradeStrong-Buy ➝ Hold
9/24/2024Bank of America
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 Boost TargetNeutral ➝ Neutral$208.00 ➝ $263.00+1.74%
9/24/2024UBS Group
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 Boost TargetBuy ➝ Buy$230.00 ➝ $307.00+21.48%
9/23/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$212.00 ➝ $254.00-0.56%
9/23/2024Jefferies Financial Group
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 Boost TargetHold ➝ Hold$183.00 ➝ $256.00+0.57%
9/23/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$250.00 ➝ $300.00+12.31%
9/23/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$233.00 ➝ $313.00+22.75%
7/19/2024Argus
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J. Eade
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Initiated CoverageBuy$240.00+28.15%
11/29/2023Seaport Res Ptn
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A. Storozynski
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DowngradeBuy ➝ Neutral
4/24/2023Guggenheim
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 Lower Target$110.00 ➝ $97.00+26.62%
2/21/2023Credit Suisse Group
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 DowngradeOutperform ➝ Neutral$91.00 ➝ $83.00+3.27%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:39 AM ET.


Should I Buy Constellation Energy Stock? CEG Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, October 31, 2024. Please send any questions or comments about these Constellation Energy pros and cons to contact@marketbeat.com.

Constellation Energy
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Constellation Energy Co.:

  • Constellation Energy Co. has shown a strong Fifty-Two Week Performance of 27.29%, indicating positive growth potential.
  • The company has a high Institutional Ownership Percentage of 84.74%, suggesting confidence from institutional investors.
  • With a Short Percentage of Float at 2.13%, there is lower short interest, indicating less bearish sentiment in the market.
  • Constellation Energy Co. offers a diverse range of energy-related products and sustainable solutions, tapping into multiple revenue streams.
  • The current stock price of Constellation Energy Co. is $113.69 as of the record date, providing a reference point for potential investors.

Constellation Energy
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Constellation Energy Co. for these reasons:

  • There was a Month-to-Month Change Percentage of -8.92%, indicating recent volatility or potential challenges in performance.
  • The Days to Cover metric is at 4, suggesting a moderate level of short interest that could impact stock price movement.
  • Shares Shorted in the previous month were at 7,510,000, which may indicate some bearish sentiment in the market.
  • Outstanding Shares information is not available, potentially limiting transparency for investors on the company's capital structure.
  • The Average Daily Volume of 1,690,000 shares may lead to liquidity concerns for investors looking to trade large volumes.

CEG Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Constellation Energy is $280.36, with a high forecast of $342.00 and a low forecast of $235.00.

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Constellation Energy in the last twelve months. There are currently 7 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CEG shares.

According to analysts, Constellation Energy's stock has a predicted upside of 19.09% based on their 12-month stock forecasts.

Over the previous 90 days, Constellation Energy's stock had 1 downgrade by analysts.

Analysts like Constellation Energy less than other "oils/energy" companies. The consensus rating score for Constellation Energy is 2.56 while the average consensus rating score for "oils/energy" companies is 2.62. Learn more on how CEG compares to other companies.


This page (NASDAQ:CEG) was last updated on 11/21/2024 by MarketBeat.com Staff
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