Barclays Raises Constellation Energy (CEG) Price Target to $345

On October 27, 2026, Barclays raised its price target on Constellation Energy Corporation (CEG) to $345 from $324, maintaining an Overweight rating. This change reflects Barclays' updated view on the company, which operates in the utilities sector, focusing on energy production and services in the U.S.

CEG Constellation Energy Corporation

$252.48 ▼ -30.76% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Other Institutional Activity in Constellation Energy

Several other institutional investors adjusted their stakes in Constellation Energy recently. CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT increased its holdings by 13,800 shares, bringing its total to 120,800 shares valued at approximately $30.7 million. Meanwhile, Ag2R la Mondiale Gestion D'Actifs reduced its stake by 14,442 shares, ending with 16,100 shares worth about $4.1 million. Alta Capital Management LLC cut its position by 6,700 shares, now holding 31,305 shares valued at around $7.9 million. Highland Capital Management maintained its position, holding 20,958 shares valued at about $5.3 million, while ECP ControlCo, LLC reduced its holdings significantly by 7,673,379 shares, now owning 14,370,227 shares worth roughly $3.6 billion.

Constellation Energy Corporation Stock Up 1.8%

As of October 27, 2026, Constellation Energy shares traded at about $258.07, which is 0.4% below the closing price of $259.10 on the same day. The stock is currently 36.4% below its 52-week high of $406.04 and 12.9% above its 52-week low of $228.63. The shares are also trading below both their 50-day and 200-day moving averages, indicating a potential downward trend.

Recent Earnings

Constellation Energy reported trailing twelve-month revenue of approximately $31.3 billion, with a year-over-year revenue growth of 23.0%. The company's earnings per share (EPS) for the same period stood at $10.23, reflecting a net margin of 11.1% and a return on equity (ROE) of 15.1%. The next earnings report is scheduled for November 9, 2026.

Insider Buying and Selling at Constellation Energy Corporation

On August 11, 2026, Director Roger W. Crandall bought 1,500 shares of Constellation Energy at an average price of $278.62, totaling approximately $417,931. This transaction occurred before the recent analyst updates and reflects insider confidence in the company.

Analysts Set New Price Targets

On October 27, 2026, Barclays maintained its Overweight rating on Constellation Energy while raising its price target to $345. That same day, TD Cowen also maintained a Buy rating with a target of $374. Earlier, CIBC initiated coverage with an Outperformer rating and a target of $358, while HSBC initiated a Buy rating with a target of $335. The consensus price target among analysts is currently $339.16, with 23 opinions suggesting a buy recommendation.

About Constellation Energy

Constellation Energy Corporation is a major player in the U.S. energy market, producing and selling electricity and natural gas. The company operates across several regions, offering a range of energy-related products and sustainable solutions. With a generating capacity of approximately 31,676 megawatts, Constellation plays a vital role in the energy landscape.

Bottom Line

Investors should monitor Constellation Energy as it approaches its next earnings date on November 9, 2026, and keep an eye on further analyst ratings and institutional activity. Barclays' recent target raise indicates a positive outlook, but the stock's current trading position below key moving averages suggests caution may still be warranted.