Constellation Energy Stock (CEG) Surges as Meta Secures 20-Year Nuclear Supply

Constellation Energy stock (CEG) surged after landing a blockbuster deal with Meta (META), one of the world’s most power-hungry tech giants. The agreement? A 20-year commitment for nuclear energy from Constellation’s Illinois-based plant — a massive vote of confidence in carbon-free baseload power.

What’s the Deal?

Meta has agreed to buy electricity from Constellation’s Byron nuclear station, locking in a two-decade supply of clean energy. That’s not just a corporate climate pledge — it’s infrastructure-level commitment. This isn’t about PR or token green moves. It’s about securing reliable energy for an AI-driven, data-heavy future.

Energy Use Is Very Important for Digital Growth

Constellation’s stock jumped over 11% on the news — and for good reason. Long-term power deals like this signal predictable revenue. For a utility stock, that’s like gold. This isn’t a one-off bump. It’s a shift in how tech and energy are partnering up.

On Meta’s end, this deal helps them feed their exploding demand for power. AI training, metaverse labs, and data centers don’t run on good intentions — they run on gigawatts. In fact, energy use is quickly becoming the bottleneck for digital growth; therefore, securing clean, scalable power is a strategic move.

Tech’s Nuclear Turn

Nuclear is having a moment — not because it’s trendy, but because it solves real problems. Unlike solar and wind, it’s steady. And unlike fossil fuels, it’s carbon-free. Big Tech is fast becoming one of the world’s largest electricity buyers — and deals like this could drive demand, set pricing trends, and shift the balance of power in global energy markets over the next decade.

CEG’s rally isn’t just about this one deal. It’s about what it signals: a future where utilities don’t just serve households — they become mission-critical suppliers to the digital economy. And if others follow Meta’s lead, Constellation could be just the first domino.

See How the Deal Moves the Needle for Both Stocks

Want to see what Meta’s 20-year nuclear energy deal actually means for investors? The TipRanks Stock Comparison tool breaks it down in one view.

Constellation Energy (CEG) currently trades at around $313, with analysts giving it a Moderate Buy rating and a price target of $301.30 — slightly below current levels. That reflects cautious optimism, likely tied to the defensive nature of utilities and the near-term valuation after this pop.

Meta (META), on the other hand, holds a Strong Buy consensus with a price target of $696.12 — about 3.76% upside from today’s price. Analysts may be betting this energy stability helps Meta scale its AI and data ambitions more efficiently over time.

This deal might carry longer-term upside for Meta, while CEG’s gains may already be priced in.