Constellation Energy Corporation (NASDAQ:CEG) is one of the AI stock investors are watching closely. On January 9, TD Cowen analyst Eli Mingos initiated coverage of the stock with a price target of $440.00. The firm believes Constellation’s integration into Calpine offers a “compelling recruiting opportunity.”
TD Cowen analyst Eli Mingos believes deals will continue to be signed through 2026 above forward curve prices. He also noted that gas PPA (Power Purchase Agreement) deals have “intriguing growth potential” in addition to CEG’s existing nuclear fleet.
Overall, the firm has a positive outlook for CEG, but also warned that “regulatory risk remains elevated” for the stock.
Constellation Energy Corporation (NASDAQ:CEG) is an energy provider specializing in clean, carbon-free energy solutions.
While we recognize CEG’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
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