NRG builds its growth strategy around a 1.2-GW Texas data-center power project, targeting protected returns and customer-backed cash flows.
NRG Energy is upgraded to Buy following its transformative LS Power acquisition and new hyperscaler-focused BYOP project. NRG's 1.2 GW Texas gas plant, expandable to 5.4 GW, secures long-term EBITDA growth via capacity-based PPAs and asset-backed hedges. Despite higher capex and leverage, NRG trades at a deep discount to peers, with nearly 50% upside projected to YE27 at 15x PE.
NRG Energy NYSE: NRG reported second-quarter 2026 adjusted EBITDA of $1.2 billion, up 34% from a year earlier, while outlining plans for a 1.2-gigawatt Texas power plant intended to support a cloud and artificial intelligence hyperscaler's data center load.
NRG Energy, Inc. (NRG) Q2 2026 Earnings Call Transcript
NRG's Q2 earnings miss estimates, but revenues climb 11% as lower operating costs and shareholder returns support performance.
NRG Energy (NRG) came out with quarterly earnings of $1.49 per share, missing the Zacks Consensus Estimate of $1.66 per share. This compares to earnings of $1.68 per share a year ago.
NRG heads into Q2 earnings with expectations under pressure, while new generation capacity, data center demand and share repurchases may support its quarterly results.
NRG (NRG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the closing of the recent trading day, NRG Energy (NRG) stood at $141.03, denoting a -1.37% move from the preceding trading day.
NRG Energy plans to return $1.4 billion to shareholders in 2026 while investing in data centers, power demand and Texas projects.
NRG Energy (NRG) closed at $142.99 in the latest trading session, marking a +2.15% move from the prior day.
NRG (NRG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.