Constellation Energy Receives Buy Rating and $337 Price Target from KeyBanc

KeyBanc analyst Sophie Karp reiterated a Buy rating on Constellation Energy Corporation with a price target of $337.00. The company reported a quarterly revenue of $6.79 billion and a net profit of $118 million in its latest earnings release. Karp covers the Utilities sector and has a 56.87% success rate on recommended stocks.

Constellation Energy Corporation (CEG) experienced a decline of 1.1% in its stock price, closing at $317.88 during the latest trading session. This performance lagged behind the S&P 500's daily gain of 0.14%, while the Dow and tech-heavy Nasdaq saw changes of -0.04% and 0.38%, respectively [1].

Over the past month, CEG's shares have appreciated by 5.41%, outperforming the broader Oils-Energy sector, which saw a loss of 0.85%, and the S&P 500's gain of 5.35% [1]. Investors will be closely watching the upcoming earnings release scheduled for August 7, 2025. Analysts predict an EPS of $2.05, representing a 22.02% growth compared to the same quarter last year. The consensus estimate for quarterly revenue is $5.2 billion, down 5.02% from the year-ago period [1].

For the full year, analysts anticipate earnings of $9.45 per share and revenue of $23.99 billion, marking changes of +9% and +1.8% from last year, respectively [1]. The Zacks Rank for CEG is currently #3 (Hold), indicating a moderate outlook. The stock is trading at a Forward P/E ratio of 34, which is a premium compared to the industry average of 20.33. Additionally, CEG's PEG ratio is 2.52, slightly higher than the industry average of 2.46 [1].

KeyBanc analyst Sophie Karp recently reiterated a Buy rating on CEG with a price target of $337.00. In her latest report, Karp highlighted CEG's strong performance in the Utilities sector, noting a quarterly revenue of $6.79 billion and a net profit of $118 million [2].

References:
[1] https://www.nasdaq.com/articles/constellation-energy-corporation-ceg-stock-declines-while-market-improves-some-information
[2] KeyBanc Research Report