Vistra (VST) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
David Tepper is the founder and president of Appaloosa Management, one of the 15 most successful hedge funds in history as measured by net gains since inception, according to LCH Investments.
Recently, Zacks.com users have been paying close attention to Vistra (VST). This makes it worthwhile to examine what the stock has in store.
Shares in retail electricity and power generation company Vistra (VST 2.41%) declined by 20.5% in February, according to data provided by S&P Global Market Intelligence. A decline of that magnitude is never welcome.
Vistra's deep selloff has occurred as expected, attributed to its increasingly expensive valuations and overly stretched upward momentum in 2024. Thanks to the -30% drop, the utility company finally looks a lot more compelling, significantly aided by the robust FY2024 performance and reiterated FY2025/2026 guidance. If anything, market sentiments around generative AI and data center capex are likely to revert to optimism, attributed to the durability of hyperscalers' spending trends ahead.
VST's fourth-quarter earnings and revenues increase year over year. Fuel and purchased power costs decrease in 2024.
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VST is expected to gain from an increase in clean power demand in the region it operates. The company's comprehensive hedging program provides increased visibility of its long-term earnings.
Vistra has sold off on fears that the AI/Data Center demand may evaporate, which is one of three demand drivers. VST's 2026 "guidance" may be a communication error; potential high-impact events in 2025 could materially change the outlook. Valuation points to a US$175 YE25 price target at 13x P/cash earnings on 10% 3yr growth.
Vistra Corp. (NYSE:VST ) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants Eric Micek - VP, IR Jim Burke - President & CEO Kristopher Moldovan - EVP & CFO Stacey Doré - Head of Strategy Steve Muscato - Executive VP & CCO Conference Call Participants Shahriar Pourreza - Guggenheim Partners Julian Dumoulin-Smith - Jefferies David Arcaro - Morgan Stanley Michael Sullivan - Wolfe Research Angie Storozynski - Seaport Durgesh Chopra - Evercore ISI Operator Good morning, and welcome to the Vistra's Fourth Quarter 2024 Earnings Call. All participants will be in listen-only mode.
Vistra Corp. (VST) on Thursday reported better profits than expected for the fourth quarter amid rising demand for its nuclear power.
Vistra's fourth-quarter earnings are expected to have benefited from its integrated business model, hedging program and ongoing reduction of outstanding shares.