Constellation Energy Stocks Jump 6.94% After Q3 Beat and Raised Guidance Khac Phu Nguyen Mon, November 9, 2026 at 1:18 PM EST 1 min read CEG +10.04% GOOGM +1.10% AMZN +3.31% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Constellation Energy (NASDAQ:CEG) shares jumped 6.94% to $267.29 as of 10:44 a.m. ET on Monday, November 9, in regular trading, after the nuclear-heavy power producer reported third-quarter adjusted operating EPS of $5.06, up from $3.04. It raised the midpoint of its 2026 guidance and narrowed the range to $12.50 to $12.80 per share.
Warning! GuruFocus has detected 3 Warning Sign with CEG.
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GAAP EPS reached $5.19, and revenue rose 45% to $9.55 billion, Proactive reported on Monday. The nuclear fleet ran at a 97.2% capacity factor. Constellation signed a 20-year power purchase agreement with Google supporting about 890 megawatts of new nuclear capacity, backed by more than $4.3 billion of investment. A 20-year, 690-megawatt deal with Amazon supports more than $3 billion of investment at Calvert Cliffs. The Calpine acquisition, closed in January, was a key driver.
Constellation scores 83/100 on GuruFocus's GF Score, with a 10/10 GF Value Rank, 9/10 for Growth and 7/10 for Momentum. The weak spots are Profitability at 5/10 and Financial Strength at 4/10, the latter likely reflecting the balance sheet after the Calpine deal. The price sits about 14% below the GF Value of $311.39, but that discount is a model estimate, not a promise. The third quarter alone delivered about 40% of the full-year guidance midpoint, and 20-year hyperscaler contracts turn AI power demand into long-dated revenue. The next test is fourth-quarter delivery inside guidance and progress toward the first Google uprates in 2028.
