Constellation Energy Receives "Buy" Rating from Melius Research with a Price Target of $462.00

Melius Research initiates coverage on Constellation Energy (CEG) with a "Buy" rating and a price target of USD 462.00. This is the latest in a series of positive analyst ratings for CEG, with analysts citing a strong outlook for the company. The average target price for CEG is USD 326.31, with an upside of 6.24% from the current price. The average brokerage recommendation is 2.1, indicating "Outperform" status.

Title: Melius Research Initiates Coverage on Constellation Energy (CEG) with "Buy" Rating

Melius Research has initiated coverage on Constellation Energy (CEG) with a "Buy" rating and a price target of USD 462.00, reflecting a positive outlook for the company. This rating comes amidst a series of favorable analyst evaluations, highlighting the strong prospects of CEG in the energy sector.

Analyst James West at Melius Research has set a price target of USD 462.00, indicating a bullish view on the stock. The average target price for CEG, based on the one-year forecasts from 12 analysts, is USD 326.31, with a high estimate of USD 393.00 and a low estimate of USD 184.05 [1]. This average target implies an upside of 6.24% from the current price of USD 307.15.

The consensus recommendation from 16 brokerage firms is currently 2.1, indicating an "Outperform" status. This rating scale ranges from 1 to 5, with 1 signifying a Strong Buy and 5 denoting a Sell [1].

Constellation Energy, a leading producer of carbon-free energy, generates approximately 10% of all power in the United States and serves three-quarters of Fortune 500 companies along with over 2 million residential customers [2]. The company's pending acquisition of Calpine will further strengthen its market presence, enhancing its grid flexibility and capacity.

Recent earnings reports have been positive, with CEG reporting adjusted earnings per share of USD 1.91 for Q2 2025, surpassing the consensus estimate of USD 1.85. The company has reaffirmed its full-year guidance range of USD 8.90 to USD 9.60 [2]. Despite these positive earnings, the stock experienced a slight decline of 1.71% on August 19, 2025, with a trading volume of USD 670 million, amid mixed analyst ratings [4].

Analysts have cited various factors contributing to the positive outlook for CEG, including its strong nuclear operations, strategic partnerships, and the growing demand for clean energy. However, the company also faces challenges such as a high debt burden, capital-intensive operations, and regulatory risks.

References:
[1] https://www.gurufocus.com/news/3071389/melius-research-initiates-coverage-on-ceg-with-a-buy-rating-ceg-stock-news
[2] https://www.investing.com/news/analyst-ratings/melius-initiates-constellation-energy-stock-with-buy-rating-on-nuclear-dominance-93CH-4201974
[3] https://www.ainvest.com/news/constellation-energy-earns-buy-rating-462-pt-melius-research-2508/
[4] https://www.ainvest.com/news/constellation-energy-shares-slide-1-71-670m-trading-volume-mixed-analyst-outlooks-strategic-gains-2508/