Here is Why Constellation Energy (CEG) Fell This Week

By Sultan Khalid | June 11, 2025, 11:41 PM

The share price of Constellation Energy Corporation (NASDAQ:CEG) fell by 7.03% between June 3 and June 10, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let’s shed some light on the development.

Here is Why Constellation Energy (CEG) Fell This Week
A close up of a wind turbine producing electricity as the sun sets.

Constellation Energy Corporation (NASDAQ:CEG), the largest producer of carbon-free energy in the US, with a special emphasis on nuclear power.

Constellation Energy Corporation (NASDAQ:CEG) received significant investor attention last week after the company signed a 20-year power purchase agreement (PPA) with Meta, with the tech giant buying around 1.12 GW of nuclear energy from Constellation’s Clinton Clean Energy Center in Illinois. The landmark deal helped create a strong bullish outlook for CEG, as several analysts also raised their respective price targets for the stock.

In fact, the agreement provided a boost to the overall utility and nuclear energy sectors, as it can serve as a model for Big Tech to support existing nuclear power plants, while also planning to power their data centers with new energy sources. So the recent downturn in the share price of Constellation Energy Corporation (NASDAQ:CEG) could be due to investors booking their profits after an eventful week for the stock.

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.

READ NEXT: 10 Cheap Energy Stocks to Buy Now and 15 Best Large Cap Energy Stocks to Buy According to Hedge Funds

Disclosure: None.

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