CEG Stock Summary and Trading Ideas (Constellation Energy | NASDAQ:CEG)

Constellation Energy Corp offers energy solutions. It provides clean energy and sustainable solutions to homes, businesses, the public sector, community aggregations, and a range of wholesale customers (such as municipalities, cooperatives, and other strategics). The company offers comprehensive energy solutions and a variety of pricing options for electric, natural gas, and renewable energy products for companies of any size.

Constellation Energy trades on the NASDAQ stock market under the symbol CEG.

As of January 30, 2025, CEG stock price climbed to $308.55 with 5,445,721 million shares trading.

CEG has a beta of 1.67, meaning it tends to be more sensitive to market movements. CEG has a correlation of 0.12 to the broad based SPY ETF.

CEG has a market cap of $96.48 billion. This is considered a Large Cap stock.

Last quarter Constellation Energy reported $7 billion in Revenue and $2.74 earnings per share. This beat revenue expectation by $840 million and exceeded earnings estimates by $.10.

The top ETF exchange traded funds that CEG belongs to (by Net Assets): VTI, VOO, QQQ, VO, XLU.

CEG has outperformed the market in the last year with a price return of +156.1% while the SPY ETF gained +24.6%. CEG has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +16.6% and +2.6%, respectively, while the SPY returned +4.3% and +2.1%, respectively.

CEG support price is $278.31 and resistance is $305.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CEG shares will trade within this expected range on the day.