Zacks.com users have recently been watching Vistra (VST) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Shares of Vistra (NYSE:VST) are going through a bit of a slump, now down around 24% from its peak.
Meta Platforms agreed to 20-year power purchase agreements with Vistra. Data centers could account for 12% of all U.S. electricity consumption by 2028.
In the latest trading session, Vistra Corp. (VST) closed at $166.6, marking a -7.54% move from the previous day.
VST stock climbs 2% on a $4 billion Cogentrix deal and a 20-year clean power pact with Meta.
Vistra (VST) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) announced that it has signed new partnerships with nuclear power companies Vistra (NYSE:VST), TerraPower and Oklo (NYSE:OKLO) to secure electricity for its growing artificial intelligence operations, including its Prometheus supercluster in New Albany, Ohio. The company said the agreements are expected to support up to 6.6 gigawatts of clean energy by 2035, helping meet rising power demand from large-scale data centers.
Recently, Zacks.com users have been paying close attention to Vistra (VST). This makes it worthwhile to examine what the stock has in store.
Vistra Corp (NYSE:VST) stock is up 5.6% to trade at $171.97, after the utility company revealed plans to buy Cogentrix Energy from Quantum Capital Group in a deal valued roughly $4.7 billion.
The latest trading day saw Vistra Corp. (VST) settling at $162.93, representing a -1.39% change from its previous close.
VST is reiterated as a Buy, supported by the cheaper valuations after a sector-wide/AI-related correction and the management's promising preliminary FY2026/FY2027 adj EBITDA guidance. VST proves itself as a real beneficiary of the ongoing data center boom and the insatiable power demand environment, as observed in the higher realized prices. The management has also executed robust capital allocation across significant share repurchases, dividend payouts, growth capex, and accretive acquisitions.
Dominion and Vistra continue to efficiently serve their customers from the strong volume of clean electricity generated from production plants.