Amazon adds 190 MW. Constellation Energy stock gains 2.52 percent
Published on 10/06/2026 at 12:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Amazon and Constellation Energy announced a 20-year power purchase agreement on September 30, 2026, covering 690 megawatts and adding 190 megawatts of nuclear capacity at Calvert Cliffs. Constellation Energy stock was trading at EUR 245.63 at Lang & Schwarz on October 6, 2026 at 11:50 a.m. CEST, up 2.52 percent versus the prior close of EUR 239.60 on October 5, 2026.
Amazon contract adds 190 megawatts
According to Constellation Energy on September 30, 2026, the agreement supports more than USD 3 billion in Maryland infrastructure investment at the 1,790-megawatt Calvert Cliffs plant. The project includes 190 megawatts of new emissions-free capacity expected to come online between 2030 and 2032.
The deal covers 690 megawatts under the 20-year agreement, including the planned uprate. The related retail supply arrangement also covers Amazon operations across the 13-state PJM market, while the power generated at Calvert Cliffs will continue flowing to the regional grid.
Guidance rises to USD 12.50
Constellation's second-quarter operating picture provides a separate earnings anchor. According to Yahoo Finance in the second-quarter 2026 earnings call, GAAP earnings were USD 1.42 per share and adjusted operating earnings were USD 2.55 per share. Adjusted operating earnings were USD 0.64 per share higher than in the second quarter of 2025.
The company also raised its full-year 2026 adjusted operating earnings guidance by USD 0.50 per share, from USD 11.00-12.00 to USD 11.50-12.50. That comparison matters because the Amazon contract strengthens long-term revenue visibility, while the guidance reflects current-year performance rather than benefits from capacity scheduled for the next decade.
Stock advances 2.52 percent in Germany
On Nasdaq, Constellation Energy was last at USD 267.62 on October 5, 2026 at 4:00 p.m. ET. The primary-exchange 52-week range was USD 228.63-412.70, and market capitalization stood at USD 96.1 billion on that date.
MarketBeat listed 22 analyst ratings on October 6, 2026, including 15 Buy, 5 Hold and 2 Strong Buy ratings. Its average 12-month price target was USD 351.76, while the highest and lowest targets were USD 441.00 and USD 277.00, respectively, according to MarketBeat.
Trading reference for October 6
At Lang & Schwarz, Constellation Energy stock was trading at EUR 245.63 on October 6, 2026 at 11:50 a.m. CEST, plus 2.52 percent versus the Lang & Schwarz prior close of EUR 239.60 dated October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Constellation Energy stock.
Constellation Energy stock facts
- Company: Constellation Energy Corporation
- ISIN: US21037T1097
- Ticker: CEG
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 6, 2026, 11:50 a.m. CEST: EUR 245.63
- Change versus prior close: plus 2.52 percent
- Prior close Lang & Schwarz October 5, 2026: EUR 239.60
- Market capitalization: USD 96.1 billion as of October 5, 2026
- 52-week range: USD 228.63-412.70 as of October 5, 2026
- Sector / Industry: Utilities / Independent Power Producers
- Index membership: Nasdaq-100
- Next earnings date: November 9, 2026
