CEG
Constellation Energy Corp Utilities Electric Services S&P 500Nasdaq-100Russell 3000
$262.38Close
$81.9BMarket cap
$236.14 – $380.3552-week range
Nov 9, 2026Next report · before the open
Highlights
Cautions
- Not in an uptrend 0 of 8 trend conditions
- Lagging the market RS 23 · weaker than 77% of stocks over 12 months
- Far from its high 31% below its 52-week high
- Earnings shrinking EPS −47% year on year
- Results soon Nov 9, 2026, in 8 days
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
31%
1wk
up 3.5%
price change
1mo
up 3.3%
price change
12-month return
down 31%
market up 11% ·
its own down 45%
F-score
—
— Not assessed
Altman Z″
1.54
Moderate risk
P/E
35.3×
price / earnings
PEG
—
P/E / EPS growth
P/B
5.6×
price / book
Earnings yield
up 3.6%
EBIT / enterprise value
Cheaper than
38%
of the market · expensive
Revenue growth
up 20%
year on year
EPS growth
down 47%
latest quarter · -1142 pts
Sales growth
up 13%
latest quarter · -10 pts
ROE
up 17%
return on equity
Free cash margin
up 6%
$1.3B FCF
D/E
0.50
long-term debt / equity
Net debt / EBITDA
0.6×
Interest cover
—EBIT / interest
Piotroski tests
Repair signals
- FCF turned positive ($-5,029M → $1,288M)
- Revenue reaccelerating (-9% then +20%)
Trade setup
ATR%
4.6%
$11.94 a day · 2×ATR $238.49
RS
23 / 99
vs the universe
Trend
0 / 8
trend template
Relative volume
1.0×
vs 50-day average
Up/down volume
0.78
50 sessions
Implied move
9.5%
by Nov 13, 2026 · report Nov 9, 2026
Trend template · 0 of 8
Screen verdict
Did not qualify for any screen.
Warning signs
- No restatement or impairment
- Equity positive
- Interest covered
- No material dilution
- Profits tracking cash
- Margins and revenue not shrinking
Last reported
Aug 6, 2026
Results reaction
Aug 6, 2026+1% vs market2 sessions after results
Options
$8.6M52.3% IV · activity
Financials
- Net 10%
- Free cash 6%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $17.6B | $17.3B | $21.6B | $20.8B | $19.0B | $22.7B |
| Operating income | $256.0M | -$346.0M | $495.0M | $1.6B | $4.4B | $3.1B |
| Net income | $589.0M | -$205.0M | -$160.0M | $1.6B | $3.7B | $2.3B |
| Net margin | 3% | -1% | -1% | 8% | 20% | 10% |
| Earnings per share | — | — | -$0.49 | $5.01 | $11.90 | $7.39 |
| Free cash flow | -$1.2B | -$2.7B | -$4.0B | -$7.7B | -$5.0B | $1.3B |
| Free cash margin | -7% | -15% | -19% | -37% | -27% | 6% |
| Cash | $226.0M | $504.0M | $422.0M | $368.0M | $3.0B | $3.6B |
| Long-term debt | — | $4.6B | $4.5B | $7.5B | $7.4B | $7.2B |
| Shareholders' equity | $14.7B | $11.2B | $11.0B | $10.9B | $13.2B | $14.5B |
| Shares outstanding | — | — | 327m | 317m | 313m | 312m |
Next report
Nov 9, 2026 · before the open
Expected move The move, either way, the option market prices in through the next scheduled report: the at-the-money straddle for the first expiry that contains it, over the price. It includes the days around the report, so it slightly overstates the report alone. Methodology
±9.5%
$238 – $288 by Nov 13, 2026
Usual move The median, over the company's last four reports, of how far the stock moved either way from the close before the filing to the close of the session after it. Methodology
±3.0%
last 4: +1.8% · -3.3% · +10.9% · +2.7%
Expected against usual The move the options price through this report over the move the last four reports delivered. Above 1 the event is priced bigger than the company's own record; below 1, smaller. A price, not a forecast: it says what protection through the report costs, not which way the stock will go. Methodology
Bigger than usual
3.2× the usual move
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $232 – $294 ±11.8% by Nov 27, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- Smaller 52.3% priced · 64.4% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- Choppier
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: no change
Positioning
- Premium traded
- $8.6M calls $3.5M · puts $5.2M · latest session
- 1.49× -1.83 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls -3.51k · puts -9.27k past week
For options traders: ATM IV 52.3% (+0.1% 1w) · 1m ÷ 3m IV 1.14 · 25Δ skew 1.2 pts · Net GEX -$19.6M
Most traded contracts
No contract passed the liquidity filters this week.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 6, 2026 | Quarterly ↗ | Jun 30, 2026 | 37d |
| May 11, 2026 | Quarterly ↗ | Mar 31, 2026 | 41d |
| Feb 24, 2026 | Annual ↗ | Dec 31, 2025 | 55d |
| Nov 7, 2025 | Quarterly ↗ | Sep 30, 2025 | 38d |
| Aug 7, 2025 | Quarterly ↗ | Jun 30, 2025 | 38d |
| May 6, 2025 | Quarterly ↗ | Mar 31, 2025 | 36d |
| Feb 18, 2025 | Annual ↗ | Dec 31, 2024 | 49d |
| Nov 4, 2024 | Quarterly ↗ | Sep 30, 2024 | 35d |
| Aug 6, 2024 | Quarterly ↗ | Jun 30, 2024 | 37d |
| May 9, 2024 | Quarterly ↗ | Mar 31, 2024 | 39d |
| Feb 27, 2024 | Annual ↗ | Dec 31, 2023 | 58d |
| Nov 6, 2023 | Quarterly ↗ | Sep 30, 2023 | 37d |
Current reports
| Filed | Disclosed |
|---|---|
| Aug 6, 2026 | Results · Regulation FD ↗ |
| Aug 5, 2026 | Director or officer change ↗ |
| Jul 14, 2026 | Other events ↗ |
| Jun 2, 2026 | Other events ↗ |
| May 11, 2026 | Results · Regulation FD ↗ |
| May 1, 2026 | Shareholder vote ↗ |
| Mar 31, 2026 | Regulation FD ↗ |
| Mar 26, 2026 | Director or officer change ↗ |
| Mar 20, 2026 | Other events ↗ |
| Feb 24, 2026 | Results · Regulation FD ↗ |
| Jan 15, 2026 | Material agreement · New obligation ↗ |
| Jan 13, 2026 | Other events ↗ |