Constellation Energy Plans $5.7B 2026 CapEx as EPS Estimate Rises 2.8%
Constellation Energy operates 14 nuclear facilities with 22,000 MW capacity and a 55,000 MW diversified portfolio, delivering nearly 90% carbon-free electricity to 27 million customers. Its 2026 EPS consensus estimate climbed 2.81% over 60 days, ROE stands at 20.77%, and it plans $5.7 billion in 2026 capex.
1. Nuclear Generation Footprint
Constellation Energy operates 14 nuclear facilities with combined capacity of 22,000 MW and a broader 55,000 MW portfolio of nuclear, hydro, wind and solar assets, supplying carbon-free electricity to over 27 million homes and businesses.
2. EPS Estimate Revision
The 2026 EPS consensus estimate for Constellation Energy has increased by 2.81% over the past 60 days, reflecting growing analyst confidence in the company’s earnings trajectory.
3. Financial Performance Metrics
Constellation’s return on equity is 20.77%, roughly double American Electric Power’s 10.46%, and its stock has gained 29.1% over the last year compared to AEP’s 24.5% growth.
4. 2026 Capital Expenditure Plans
The company has earmarked approximately $5.7 billion in capital expenditures for 2026, with about 29% allocated to nuclear fuel acquisitions to bolster inventory and support continuous operations.