Wells Fargo Maintains Overweight Rating on Constellation Energy Corp. (CEG)

Constellation Energy Corp. (NASDAQ:CEG) is included among the 12 Best Nuclear Energy Stocks to Buy Now

On January 20, 2026, Wells Fargo expert Shahriar Pourreza lowered the firm’s terms people connected Constellation Energy Corp. (NASDAQ:CEG) to $460 from $478 portion inactive maintaining an Overweight rating. The steadfast continues to item the banal arsenic its Best IPP Idea, pointing to a pipeline of plus opportunities and aggregate data-center related deals inactive successful motion.

On January 9, 2026, TD Cowen initiated sum with a Buy standing and a $440 terms target, good supra wherever the shares were trading astatine the time. Analyst Eli Mingos singled retired the Calpine integration arsenic a “compelling accidental for contracting,” arguing that it could reshape however Constellation locks successful semipermanent powerfulness agreements.

TD Cowen expects contracting enactment to stay progressive done 2026, with deals signed supra the guardant curve. The steadfast besides sees state powerfulness acquisition agreements arsenic “intriguing upside potential” layered connected apical of Constellation’s atomic fleet.

That setup was formalized connected January 7, 2026, erstwhile Constellation completed its acquisition of Calpine Corporation, combining its atomic assets with Calpine’s earthy state and geothermal portfolio. “This isn’t conscionable astir 2 large companies coming together—it’s astir strengthening America’s future,” said Joe Dominguez, president and CEO of Constellation.

Constellation Energy Corp. (NASDAQ:CEG) operates the largest cleanable vigor fleet successful the U.S., with astir 55 gigawatts of generating capableness crossed nuclear, earthy gas, geothermal, hydro, wind, and solar.

While we admit the imaginable of CEG arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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