Constellation Energy shares jump 5.96% intraday as AI infrastructure deals and analyst upgrades boost investor optimism.

Constellation Energy Corporation surged 5.96% intraday following renewed investor interest in its strategic shift toward becoming a key infrastructure partner for AI-driven data centers. Recent reports highlighted the company’s transformation from a traditional utility to a provider of clean, 24/7 nuclear power for tech giants, aligning with growing demand for AI infrastructure. Analyst upgrades, including a raised price target to $401.51 by FactSet-polling analysts, further reinforced optimism. Additionally, media coverage emphasized Constellation’s recent 20-year license extensions for Illinois nuclear plants and its $167 million digital modernization plan, underscoring long-term operational reliability. These developments, coupled with analyst endorsements from firms like TD Cowen and Bank of America.