Constellation Energy Earnings Loom: CEG Stock Faces Monday Test as AI Power Demand Trade Wobbles
Constellation Energy shares closed at $303.63 Friday, down 2.4%, ahead of Monday’s first-quarter earnings, with options implying a 7% swing. The company completed a $16.4 billion Calpine acquisition in January, expanding its fleet to 55 gigawatts. Analysts expect $2.57 per share in earnings. UBS last month cut its price target to $388, citing cautious guidance and regulatory uncertainty.