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Friday, October 30, 2026Closing data · 4:00 PM ET
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CEG

Constellation EnergyNASDAQ · Electric Utilities · Utilities
Previous close
262.38
Change
−2.20 / −0.83%
FinDog View
Neutral
52-Week Range ?
228.63 – 400.98
P/E (TTM) ?
27.1
Forward P/E ?
20.2
Based on consensus earnings for the next 12 months
Market Cap
$92.8B
1M
+3.29%
S&P 500 −0.91% over same period
Volume / Avg Volume
3.2M / 3.1M
1.04× average
Latest earnings analysisFY2026 Q2Reported 2026-08-06

Constellation Q2 2026: adjusted EPS $2.55, guidance range raised

Constellation beat on adjusted earnings and raised full-year guidance, but the quarter's GAAP profit fell sharply and cash flow turned negative. Adjusted operating earnings of $2.55 per share came in 10.7% above the $2.3045 consensus, while GAAP net income dropped to $1.42 per share from $2.67. Read the quarter as a Calpine-integration story: bigger fleet, heavier debt, and a wide gap between adjusted and reported profit.

Read the full analysis →
Revenue$5.84BYoY −4.20%
EPS (non-GAAP)$2.55Beatest. $2.30
Next-day move+3.37%

Price History

Closing price · USD1M6M1Y5Y
200250300350400450EFY26 Q2 EarningsEFY26 Q1 EarningsEFY25 Q4 EarningsEFY25 Q3 Earnings2025-102026-012026-052026-082026-10

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 25.11M6M1Y5Y
203040502026-042026-062026-082026-092026-10

Recent Earnings

Click to read the FinDog analysis
PeriodReportedRevenueEPS Actual / Est.Next-Day MoveAnalysis

Next Earnings

Date and consensus from the earnings calendar; the analysis is generated automatically after the releaseEarnings Calendar →
Report date
2026-11-09
in 8 days · time TBD
Consensus EPS
$3.77
Last quarter EPS $2.55
Avg. next-day move over the last 6 reports
±2.1%

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data
Valuation
P/E is at percentile 37 of its 5-year rangeMid-range
5-year range 19.5 – 45.6 · Median 31.5
Last 4 quarters: $0 in buybacks + $551M in dividends, 0.59% of market cap combined
P/E (TTM)
27.1
P/B
2.9
P/S
3.0
Dividend Yield
0.91%
Earnings Reaction
Over the last 6 reports, the stock moved ±2.1% on average on the first trading day after, rising 3 times
Most recent +3.37%
Volatility & Correlation
1-year beta 1.41 · Correlation with S&P 500 0.37High beta
Annualized volatility 48% vs. 13% for the S&P 500
Insider Trading
View all →
Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 1 · $0.42MSell 0 · $0.00MNet buying $0.42M
  • 08-11CRANDALL ROGER WDirectorBuy$0.42M1,500 shares · Avg price 278.62
Multi-Quarter Financial Trends
View all quarters →
Last 12 quarters · As reported by the company
QuarterRevenue ($B)YoYGross MarginOperating Income ($B)Net Income ($B)Free Cash Flow ($B)EPS
FY2026 Q25.84+13.2%—0.580.51-0.121.42
FY2026 Q17.54+23.5%—2.331.59-0.854.49
FY2025 Q45.69+25.8%—0.600.43-0.181.38
FY2025 Q35.70+19.5%—1.090.931.462.97
FY2025 Q25.16+17.1%—0.950.840.712.67
FY2025 Q16.11+16.1%—0.450.12-0.700.38
FY2024 Q44.53−9.4%—0.970.85-1.752.71
FY2024 Q34.77−10.2%—1.471.20-0.663.82
FY2024 Q24.41−6.3%—1.100.81-1.162.58
FY2024 Q15.26−9.8%—0.810.88-1.462.78
FY2023 Q44.99+11.9%—-0.07-0.04-3.87-0.10
FY2023 Q35.31−12.2%—0.980.73-1.392.26

Peers

Largest by market cap in the sector · Latest quarterView Utilities sector →
TickerCompanyMarket CapP/ERevenue YoYGross Margin1MView