About 80% of S & P 500 constituents have already reported, with more than three-quarters of these names beating earnings estimates, according to FactSet.
The 14 analysts covering the stock rate it either a buy or a strong buy, with their average price target of $613.86 implying about 12% upside ahead, per LSEG.
Average earnings estimates on the power company have ticked up roughly 8% over the past three months, while shares have added about 12% in 2024.
Seven of the 13 analysts covering the stock rate it a buy or a strong buy, but their average price target of $124.64 suggests downside of nearly 5%, per LSEG.
Mizuho Securities is neutral on the stock, recently raising its price target to $132 from $116.
Persons:
Goldman Sachs, David Kostin, Raymond James, Srini Pajjuri, Anthony Crowdell
Organizations:
CNBC, Nvidia, Constellation Energy, Mizuho Securities, Constellation
Locations:
Mizuho