Constellation Energy stock: fair value
CEGThe fair value of Constellation Energy under our model is $139.72, the price is 97% above.
The fair value is an estimate from our model, not a price target.
Daily figure as of 12 Nov 2026
Valuation signal
Significantly overvaluedIn our model the price counts as cheap below $99.80 and expensive above $232.87 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $26.38 (cash-flow model) and $253.06 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 9.9%. At 10.9% the fair value would be $137.86, at 8.9% it would be $142.32.
Where the number comes from
Half from the dividend model, half from earnings times the sector P/E (20.5).
Dividend model: the dividend grows by 3.8% a year for good and is discounted at 9.9% (government bond yield 3.8% plus beta 1.37 times a risk premium of 4.4%).
Calculate with your own assumptionsThe calculation step by step
With these figures the dividend model arrives at $26.38 per share: next year's dividend divided by the gap between the discount rate and growth. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Step | Value |
|---|---|
| Dividend per share | $1.55 |
| Next dividend: × (1 + 3.8%) | $1.61 |
| Value per share: next dividend / (9.9% − 3.8%) | $26.38 |
| Earnings per share, last twelve months | $12.34 |
| × 20.5 (sector P/E) | $253.06 |
| Fair value (average of both parts) | $139.72 |
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral since 10 Nov 2026, previously Weak
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.