Analysts debate the bull and bear cases for Constellation Energy (CEG) as the stock trades a third below its peak, weighing nuclear PPA contracts against grid integration challenges.

Analysts debate the bull and bear cases for Constellation Energy (CEG) as the stock trades a third below its peak, weighing nuclear PPA contracts against grid integration challenges.

CEG’s valuation trajectory directly tracks the bankability of long-term nuclear power purchase agreements, which are foundational to firm-power guarantees for AI hyperscalers.