Constellation Energy (CEG) Stock Forecast & Price Target

$196.74

+6.02 (+3.16%)

(As of 08/21/2024 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

Moderate Buy
Based on 12 Analyst Ratings

Based on 12 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 12 analysts, 4 have given a hold rating, and 8 have given a buy rating for CEG.

Consensus Price Target

$227.09
15.43% Upside

High Forecast	$250.00
Average Forecast	$227.09
Low Forecast	$189.00

According to the 12 analysts' twelve-month price targets for Constellation Energy, the average price target is $227.09. The highest price target for CEG is $250.00, while the lowest price target for CEG is $189.00. The average price target represents a forecasted upside of 15.43% from the current price of $196.74.

Type	Current Forecast 8/23/23 to 8/22/24	1 Month Ago 7/24/23 to 7/23/24	3 Months Ago 5/25/23 to 5/24/24	1 Year Ago 8/23/22 to 8/23/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	7 Buy rating(s)	5 Buy rating(s)	6 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	3 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	$227.09	$232.00	$220.86	$98.67
Forecasted Upside	15.43% Upside	9.83% Upside	7.06% Upside	12.53% Upside

Get Constellation Energy Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for CEG and its competitors with MarketBeat's FREE daily newsletter.

Ad Behind the Markets

270x more lucrative than NVIDIA???

If you've missed out on NVIDIA's recent 1,600% run... Don't worry. Because there's one AI stock that could be a lot more lucrative.

Get the ticker here >>>

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.

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.

Constellation Energy Stock vs. The Competition

Type	Constellation Energy	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.67	2.60	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	15.43% Upside	85.69% Upside	8.74% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/14/2024	Mizuho 2 of 5 stars		Lower Target	Neutral ➝ Neutral	$217.00 ➝ $189.00	+2.53%
8/8/2024	Barclays 3 of 5 stars	N. Campanella Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$211.00	+17.44%
8/7/2024	UBS Group 4 of 5 stars		Lower Target	Buy ➝ Buy	$249.00 ➝ $230.00	+24.43%
8/7/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$221.00 ➝ $212.00	+12.60%
7/19/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Eade Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$240.00	+28.15%
6/24/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$237.00 ➝ $241.00	+9.79%
Get the Latest News and Ratings for CEG and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Constellation Energy and its competitors with MarketBeat's FREE daily newsletter.
6/12/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Sector Perform ➝ Sector Perform	$218.00 ➝ $218.00	+0.39%
5/30/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$116.00 ➝ $230.00	+3.30%
5/20/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$190.00 ➝ $230.00	+7.93%
5/15/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$215.00 ➝ $250.00	+14.82%
5/13/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$200.00 ➝ $247.00	+14.09%
11/29/2023	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Storozynski Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
4/24/2023	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$110.00 ➝ $97.00	+26.62%
2/21/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$91.00 ➝ $83.00	+3.27%
10/4/2022	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$94.00 ➝ $98.00	+9.69%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:00 AM ET.

CEG Forecast - Frequently Asked Questions

What is Constellation Energy's forecast for 2024?: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Constellation Energy is $227.09, with a high forecast of $250.00 and a low forecast of $189.00.
Should I buy or sell Constellation Energy stock right now?: 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Constellation Energy in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CEG shares.
Does Constellation Energy's stock price have much upside?: According to analysts, Constellation Energy's stock has a predicted upside of 11.96% based on their 12-month stock forecasts.
What analysts cover Constellation Energy?: Constellation Energy has been rated by research analysts at Argus, Bank of America, Barclays, Evercore ISI, Mizuho, Morgan Stanley, Royal Bank of Canada, and UBS Group in the past 90 days.
Do Wall Street analysts like Constellation Energy more than its competitors?: Analysts like Constellation Energy more than other "oils/energy" companies. The consensus rating score for Constellation Energy is 2.67 while the average consensus rating score for "oils/energy" companies is 2.61. Learn more on how CEG compares to other companies.