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Constellation Energy Corporation (NASDAQ:CEG) is included among the 15 Best Nuclear Power Stocks to Buy According to Wall Street Analysts.

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Constellation Energy Corporation (NASDAQ:CEG) is the largest provider of clean, low-carbon energy in the United States. The company also operates the largest fleet of nuclear facilities in the country.

On May 21, the analysts over at Wells Fargo reaffirmed the firm’s ‘Buy’ rating on Constellation Energy Corporation (NASDAQ:CEG) and assigned the stock a price target of $516, reflecting a significant upside of over 71% from the current levels.

The bullish stance comes after Constellation Energy Corporation (NASDAQ:CEG) topped both revenue and profit estimates in its Q1 report earlier on May 11, helped by the rising power demand and contributions from its recently ‌acquired Calpine assets. Moreover, the company reaffirmed its adjusted operating earnings range of $11 to $12 per share for the full-year 2026.

Notably, Constellation Energy Corporation (NASDAQ:CEG) successfully delivered 2 new generation projects to the grid last month. This includes the commissioning of the 105 MW Pastoria Solar Project, the largest-ever renewable energy project contracted by the California DWR. Moreover, its 460 MW Pin Oak Creek natural gas peaking facility in Texas also began commercial operations in late April. The company executives also expressed hope that regulators will issue a decision regarding the restart of its Three Mile Island ​nuclear power plant as early as next month.

While we acknowledge the potential of CEG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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