Constellation Energy Q2 Adjusted EPS Jumps 34% on Nuclear Boom and Data Center Demand

Key Facts

1Constellation Energy's Q2 adjusted EPS rose 34% year-over-year to $2.55.

2Management raised 2026 adjusted EPS guidance to a range of $11.50–$12.50.

330% of the company's baseload clean generation is contracted by 2032 through agreements with firms like Microsoft and Walmart.

Constellation Energy's Q2 adjusted EPS rose 34% year-over-year to $2.55. Seeking Alpha reported that management raised its 2026 adjusted EPS guidance to a range of $11.50–$12.50. The company has already contracted 30% of its baseload clean generation through 2032 via agreements with major entities including Microsoft and Walmart.

CEG closed at $264.58 on September 29, 2026, while MSFT was trading at $518.16 and WMT at $105.35 on September 30, 2026. The company is leveraging its dominant U.S. nuclear fleet to secure long-term revenue visibility amid surging electricity demand from AI data centers.