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Constellation Energy Corporation ( (CEG) ) has provided an update.
On January 10, 2025, Constellation Energy Corporation announced a merger agreement to acquire Calpine Corporation, making it an indirect, wholly owned subsidiary. This strategic move, outlined in the merger agreement, is expected to enhance Constellation’s market position and operational capabilities in the energy sector.
The most recent analyst rating on (CEG) stock is a Buy with a $399.00 price target. To see the full list of analyst forecasts on Constellation Energy Corporation stock, see the CEG Stock Forecast page.
Spark’s Take on CEG Stock
According to Spark, TipRanks’ AI Analyst, CEG is a Outperform.
Constellation Energy Corporation’s overall stock score is driven by strong earnings call results and positive corporate events, which highlight strategic growth and operational improvements. However, high valuation metrics and liquidity concerns from negative free cash flow temper the outlook. The technical analysis suggests a neutral trend, while financial performance indicates resilience but highlights areas needing improvement.
To see Spark’s full report on CEG stock, click here.
More about Constellation Energy Corporation
Constellation Energy Corporation operates in the energy industry, focusing on power generation and energy solutions. The company is involved in the acquisition and management of energy assets and services.
Average Trading Volume: 2,617,733
Technical Sentiment Signal: Buy
Current Market Cap: $112.4B
For a thorough assessment of CEG stock, go to TipRanks’ Stock Analysis page.