Constellation Energy Corporation (CEG): one to watch?

Watch — real AI/nuclear demand story intact, but Calpine debt, negative cash flow, and a delayed nuclear restart make today's dip more "digest a big deal" than "bargain."

👀 WATCH Fundamentals61/100

Down 35% from its all-time high of $389.19 — now $252.39

Why CEG dropped

Stock is down mainly because 2026 earnings guidance ($11-$12 adjusted EPS) came in below Wall Street's ~$11.72 estimate, and a Crane (Three Mile Island) nuclear restart tied to Microsoft's power deal was pushed back from 2027 to as late as 2031, both landing on top of a huge, still-being-digested $26.6B debt-and-stock acquisition of Calpine that closed in January 2026.

Fwd P/E 18.6Op margin 21.9%Rev growth 63.8%Debt/equity 66.4%Analyst upside 41.8%

How this scored 61/100

✅ Passes all 4 hard checks — profitable, cash-generative, and financially survivable.

✅ Makes money Net profit margin 12.7%

✅ Generates cash Free cash flow $-4.5B

✅ Not drowning in debt Debt/equity 66.4% (limit 200%)

✅ Can pay its bills Current ratio 1.4 (needs 1+)

Bar length shows how much each metric is worth — a 10-point metric is twice as wide as a 5-point one. Hover any row for what it means.

Profitability Does it actually make money? 17/25

Operating margin 21.9% 8/9

Net profit margin 12.7% 5/8

Return on equity 16.1% 4/8

Growth Is it getting bigger, or dying? 23/25

Revenue growth 63.8% 9/9

Earnings growth 1091.0% 8/8

Expected profit change 18.0% 6/8

Value Is it cheap right now? 12/25

Forward P/E 18.6 7/10

PEG ratio 3.7 0/8

Analyst target upside 41.8% 5/7

Balance sheet Will it survive? 9/25

Debt / equity 66.4% 7/10

Current ratio 1.4 2/8

Free cash flow $-4.5B 0/7

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Analysis generated by SmartStonks's AI from public fundamentals and news, first flagged 2026-07-20. Research only — not financial advice.