CEG vs NRG: AI Stock Comparison

Constellation Energy Corporation vs NRG Energy, Inc.: AI exposure, key metrics, next earnings dates, upcoming catalysts and risks — every number linked to its source.

Popular: NVDA VS AMDMSFT VS GOOGLMETA VS AMZNPLTR VS BBAIASTS VS OKLOOKLO VS SMRIREN VS CORZALAB VS CRDOSOUN VS BBAIAVGO VS MRVLCRWV VS NBISAMD VS INTC all matchups →
Tie: both score 2/5 on AI exposure under our rubric; compare the catalysts and risks below. The score measures how directly each business is tied to AI, not which stock to buy.
⏱ Next catalyst: Both have a catalyst on Nov 9, 2026.
$CEG
Constellation Energy Corporation
Largest U.S. nuclear fleet operator.
$NRG
NRG Energy, Inc.
Power generation and retail electricity.
AI exposure score⚡⚡⚡⚡⚡ 2/5⚡⚡⚡⚡⚡ 2/5
Shares outstanding354.3M
as of 2026-07-31 · 10-Q cover page · SEC filing
210.2M
as of 2026-07-31 · 10-Q cover page · SEC filing
CategoryPower producersPower producers
Key metrics
Revenue (latest quarter) $7.50B
10-Q period ended 2026-06-30; +23% y/y · SEC filing
Operating income $580.0M
Same quarter; 8% operating margin · SEC filing
Net income $513.0M
Same quarter · SEC filing
Revenue (latest quarter) $7.48B
10-Q period ended 2026-06-30; +11% y/y · SEC filing
Operating income $976.0M
Same quarter; 13% operating margin · SEC filing
Net income $506.0M
Same quarter · SEC filing
Next earnings
Nov 9, 2026 expected
Constellation Energy Corporation quarterly earnings · source
Nov 9, 2026 confirmed
NRG Energy, Inc. quarterly earnings · source
Next catalyst
Nov 9, 2026 expected
Constellation Energy Corporation quarterly earnings · source
Nov 9, 2026 confirmed
NRG Energy, Inc. quarterly earnings · source
Upcoming catalysts
Nov 9, 2026 expected
Constellation Energy Corporation quarterly earnings · source
Nov 9, 2026 confirmed
NRG Energy, Inc. quarterly earnings · source
Most recent reportedNot yet announced / not on our calendarNot yet announced / not on our calendar
Key risks
  • “NRC actions could negatively affect the operations and profitability of our nuclear generating fleet.” — 10-K risk factor (filed 2026-02-24) · source
  • “We are subject to risks associated with weather, including its effect on the supply and demand for electricity, as well as impacts from climate change, including extreme weather events.” — 10-K risk factor (filed 2026-02-24) · source
  • “Volatile power and gas supply costs and demand for power and gas could adversely affect the financial performance of NRG's retail operations.” — 10-K risk factor (filed 2026-02-24) · source
  • “The Company’s use of, or failure to effectively adopt, AI systems in its operations, services and products poses operational, competitive, cybersecurity, legal and compliance risks that…” — 10-K risk factor (filed 2026-02-24) · source
AI angle

Constellation sells carbon-free nuclear power and has signed long-term supply deals with tech companies; data-center electricity demand is the AI link.

NRG's AI angle is rising electricity demand from data centers in its markets; most revenue comes from retail energy.

Full analysis: $CEG →Full analysis: $NRG →

The morning brief

Today's AI-stock catalysts in your inbox before the open. Free, 2-minute read.

Related matchups

VST VS CEGCEG VS TLNNRG VS TLNNRG VS VST

Deep dives: CEG next earnings & catalysts · NRG next earnings & catalysts · AI earnings this week