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02 Oct 2026, 19:45 UTC · 1h ago
Utility Stocks Are the Most Oversold Since 2023
Impact · against what's priced in
The regulatory hold on grid capacity purchases creates a negative headwind for CEG and VST by directly impacting the merchant earnings the market is currently paying for. For NEE, the article provides no material updates to its specific valuation drivers, as general sector weakness and analyst rankings are already reflected in its discounted price.
- CEG−0.30
Challenges what's priced in
- The price assumes
The current 21 GW nuclear fleet and its existing long-term power purchase agreements
The federal regulator's five-month hold on grid capacity purchases directly hits merchant generators' expected earnings, undermining the stability of the current operating business the market is paying for.
What CEG's price assumes · Sep 13
