Constellation Energy is positioning itself as a primary clean energy supplier for AI and data centers as of June 15, 2026. The company is leveraging long-term power agreements with major technology firms to reinforce its growth profile.
The company recently completed a $3.09 billion equity offering to fund its strategic expansion. It also finalized a 25-megawatt expansion of The Geysers geothermal complex. Additionally, Constellation completed a major refueling outage at its Limerick nuclear unit.
On CNBC’s Mad Money, Jim Cramer issued a buy recommendation for the stock. Cramer stated the share price had declined too far, adding to the day's positive commentary on the company’s market position.