11 AI Stocks Shaking Up Wall Street Today

9. Constellation Energy Corporation (NASDAQ:CEG)

Number of Hedge Fund Holders: 85

Constellation Energy Corporation (NASDAQ:CEG) is an energy provider specializing in clean, carbon-free energy solutions. On March 25, Elizabelle Pang from DBS maintained a “Hold” rating on the stock and lowered the associated price target to $225.00.

Despite Constellation delivering strong performance in the fourth quarter of 2024, backed by favorable nuclear production tax credits and market conditions, the stock’s rich valuation suggests limited upside potential.

The company is poised to benefit from increasing electricity demand, particularly from data centers, and the strategic acquisition of Calpine Corp is another positive for the stock. However, the analyst noted certain headwinds, which include possible removal of power auctions in key markets and uncertainties surrounding policy changes, leading to the hold rating.