Wall Street Maintains $360 Target on Constellation Energy, Sees 39% Upside

Key Facts

1Wall Street analysts maintain a bullish outlook on Constellation Energy with a mean price target of $360, implying a 39% upside from its current $259.

2Q1 adjusted EPS beat estimates, with full-year guidance remaining strong, bolstered by the Calpine acquisition and potential regulatory advancements for nuclear and gas capacity.

Amid Wall Street's optimism for the nuclear energy sector, analysts see Constellation Energy still offering 39% upside from current levels. They maintain a mean price target of $360, implying a 39% increase from the recent close of $259. The bullish outlook follows a Q1 adjusted EPS beat and strong full-year guidance, supported by the Calpine acquisition and potential regulatory clarity for nuclear and gas capacity.

This optimism comes as recent U.S. economic data showed Q1 GDP growth of 2.1% (per market data), underpinning energy demand. Potential regulatory advances for nuclear and gas generation could further boost Constellation Energy's earnings, providing a favorable backdrop for the stock.

CEG closed at $259.32 on June 29, 2026, roughly 36% below the $360 target. Investors are watching for Q2 results due in July, along with any new regulatory developments regarding nuclear plant licenses.