Barclays says Constellation Energy’s (CEG) fiscal 2026 earnings guidance of $11-$12 per share matches the consensus and implies no material change on Calpine accretion. The company is making some progress on nuclear contracting, which is positive, but its enhanced earnings outlook through 2029 is below consensus, the analyst tells investors in a research note. Barclays initial take on the numbers is “mixed.” It has an Overweight rating on Constellation Energy with a $356 price target The stock in midday trading is down 8% to $273.60.
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