Intel stock spikes after report of possible US government stake
Investing.com - Mizuho (NYSE:MFG) has raised its price target on Constellation Energy (NASDAQ:CEG) to $335.00 from $325.00 while maintaining a Neutral rating following the company’s second-quarter earnings report. According to InvestingPro analysis, the stock appears overvalued at its current price of $331.49, despite delivering impressive returns of nearly 78% over the past year.
Constellation Energy reported second-quarter 2025 adjusted earnings per share of $1.91, exceeding the consensus estimate of $1.85, and reaffirmed its full-year guidance range of $8.90-$9.60. The $103.56 billion market cap company maintains a GOOD financial health score, according to InvestingPro metrics, with robust revenue of $24.82 billion in the last twelve months.
The company announced it has accelerated the timeline for restarting the Crane Energy Center to the second half of 2027, earlier than the previously projected 2028 restart date.
Constellation has executed a $400 million accelerated share repurchase program, bringing total buybacks to $2.4 billion under its current authorization, with management indicating that hyperscaler contracts have become a more normal part of its business.
Mizuho noted that Constellation’s next hyperscaler deal announcement appears imminent as management reported significant progress with a counterparty, while the company continues to see strong interest from a growing number of entities in early to mid-stage discussions.
In other recent news, Constellation Energy reported its second-quarter 2025 earnings, revealing a strong performance with adjusted operating earnings per share of $1.91. This result surpassed both BMO Capital’s expectation of $1.80 and the consensus estimate of $1.85. The company also maintained its full-year operating EPS guidance, projecting between $8.90 and $9.60. In response to these earnings, BMO Capital increased its price target for Constellation Energy to $375, while Raymond (NSE:RYMD) James raised its target to $393, both firms maintaining an Outperform rating. KeyBanc also adjusted its price target to $359, up from $337, after noting the company’s results exceeded consensus expectations. Constellation Energy continues to affirm its 2025 and long-term guidance, reflecting confidence in its future performance. These developments highlight the company’s robust financial health and strategic positioning in the energy sector.
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