CEG vs NOW: Which Is the Better Buy?
Side-by-side comparison of Constellation Energy Corporation and ServiceNow, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-22.
Constellation Energy Corporation · Utilities
$262.11
-4.2% upside to fair value
Med Conviction
Grade C
High Quality
VS
ServiceNow, Inc. · Technology
$139.82
+16.2% upside to fair value
Med Conviction
Grade A-
High Quality
QuantHub Verdict
NOW has more upside to fair value
(+16.2%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
CEG |
NOW |
| Current Price |
$262.11 |
$139.82 |
| Fair Value Estimate |
$250.98 |
$162.50 |
| Upside to Fair Value |
-4.2%
|
+16.2%
|
| Market Cap |
$94.1B |
$144.6B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
13.9x
|
43.1x
|
| Price / Sales |
3.0x
|
9.8x
|
| Price / FCF |
300.3x
|
31.5x
|
| Revenue Growth YoY |
+23.0%
|
+24.0%
|
| Gross Margin |
94.9%
|
74.8%
|
| Operating Margin |
14.7%
|
11.4%
|
| Return on Equity |
14.7%
|
13.8%
|
| Dividend Yield |
0.64% |
0% |
| FCF Yield |
0.33%
|
3.17%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
Constellation Energy is the largest U.S. producer of carbon-free electricity, operating roughly 32,400 megawatts of nuclear, gas, wind, solar, and hydro generation across the Mid-Atlantic, Midwest, New York, ERCOT, and other power markets, with a 94.9% TTM gross margin that reflects the low marginal cost of nuclear fuel and the scarcity value of firm clean power. The business quality is genuinely…
ServiceNow provides a cloud-based enterprise workflow platform spanning IT service management, operations, employee workflows, CRM, AI orchestration and security. Business quality is high because its common data model, deeply embedded workflows and cross-department deployments create meaningful switching costs, while roughly 90% of the Fortune 500 use the platform and more than 85 billion workflo…
Accumulation Zones
| Metric |
CEG |
NOW |
| Zone Low |
$188.23 |
$121.88 |
| Zone High |
$213.33 |
$138.12 |
| In Buy Zone? |
No
|
No
|