Feb. 17 at 7:19 PM
$CEG "Constellation Energy (CEG) shares surged 3.89% today, February 17, 2026, reaching an intraday high of
$300.91. The stock is rebounding as investors "lean into" growing power demand and post-deal optimism ahead of the company's Q4 earnings results. Utilities have transitioned from defensive "bond proxies" to aggressive growth engines in early 2026. Constellation, as the largest U.S. nuclear operator, is a primary beneficiary of the "Nuclear Renaissance" required to power AI data centers.
Investor sentiment is buoyed by recent strategic moves, including a
$26.6 billion acquisition of Calpine and new power agreements with tech giants like Meta.
The market is optimistic ahead of the Q4 earnings report (estimated for release today), with expectations that the company could beat the Zacks Consensus Estimate of
$2.18 per share.
The stock issued a buy signal from a pivot bottom on February 5 and has risen over 16% since."
