Constellation Energy (CEG) Price Target Raised to $375 After Q2 Beat and Strong Outlook

Constellation Energy Corporation (NASDAQ:CEG) is one of the Trending AI Stocks on Wall StreetOn August 11, BMO Capital analyst James Thalacker raised the price target on the stock to $375.00 (from $350.00) while maintaining an Outperform rating.

The rating affirmation follows Constellation’s Q2 earnings beat, where the management also reaffirmed its full-year 2025 adjusted operating earnings range outlook largely in-line with the consensus estimate.

“Higher Sustainable FCFbG Looking Better With CPN Close and OBBBA Tailwinds; CEG reported 2Q25 EPS of $1.91, above both our own/consensus expectations of $1.80/$1.85. Management reaffirmed full-year 2025 adjusted operating earnings range of $8.90-9.60/share ($9.25 midpoint), which is largely consistent with the $9.38 consensus estimate. Management continues to anticipate standalone Constellation adjusted operating earnings growth of 13%+ on base earnings through 2030 (2024 base of $5.50/share).”

Constellation Energy (CEG) Price Target Raised to $375 After Q2 Beat and Strong Outlook

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Based on the closing of the Calpine transaction in Q4 which was driven by rising electricity demand from AI and electrification; and the benefits to cash flow from the provisions in the OBBBA, the firm sees a “materially higher” free cash flow outlook as well.

Constellation Energy Corporation (NASDAQ:CEG) is an energy provider specializing in clean, carbon-free energy solutions.

While we acknowledge the risk and potential of CEG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CEG and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.