We recently published 10 Best Performing Nuclear Energy Stocks According to Analysts. Constellation Energy Corporation ( NASDAQ:CEG ) is one of the best-performing nuclear energy stocks.
Shares of nuclear power company Constellation Energy Corporation (NASDAQ:CEG) were discussed by Mizuho and Citigroup on February 25. Citigroup maintained a neutral rating on the stock and cut its price target to $348 from $368. Similarly, Mizuho also lowered its share price. It lowered its target to $330 from $390 and maintained a neutral rating on the stock.
However, two days later, on May 27, TD Cowen raised the price target on Constellation Energy Corporation (NASDAQ:CEG) shares. The target was raised to $454 from $440. Reiterating a buy rating on the stock, TD Cowen noted that Constellation Energy Corporation (NASDAQ:CEG) could benefit from an acceleration in contracting activity in 2026 and positive developments in the PJM market electric grid in the United States. Constellation Energy Corp. (NASDAQ:CEG) has made key moves in the nuclear power market when it comes to supplying data centers with nuclear power, as it signed agreements with technology giants Microsoft and Meta that last up to 20 years.
Constellation Energy Corporation (NASDAQ:CEG) is one of the largest utilities in America. It relies on nuclear, gas, wind, solar and other sources to generate electricity.
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Read more: 30 stocks that should double in 3 years and 11 Secret AI Stocks to Buy Right Now.
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