Talen Energy

Reaves highlighted Talen Energy as a top holding after regulatory momentum at PJM and FERC improved the outlook for serving large data center loads. Management signaled potential multi‑year free cash flow growth from about $25/share in 2026 to $50/share by 2028, driven by the closing of a 2.5 GW gas generation purchase, investor‑friendly capital allocation and stronger power market fundamentals. The stock has fallen 27.46% over the past year and returned -4.97% in the past month, while market cap stood near $14.29 billion on September 16, 2026. » More on finance.yahoo.com

Talen Energy's stock hit a 52-week low of $288.46 and is down 28.31% year-to-date. Despite the low, InvestingPro rates the stock as undervalued and analysts expect a return to profitability for the year with projected EPS of $22.71 after a recent -$4.05. In Q2 Talen reported a loss of $2.00 per share on $747 million in revenue, adjusted EBITDA of $374 million and adjusted free cash flow of $212 million; following the acquisition of Cornerstone the annual outlook was raised. Mizuho initiated coverage with an "Outperform" rating and a $405.00 price target, citing Talen's positions in the PJM market and a PPA for the Susquehanna nuclear plant with Amazon. » More on de.investing.com

Talen Energy’s stock fell to a new 52-week low of $301.35, about 19% below the prior year and 18% year-to-date. In the second quarter the company reported a loss of $2.00 per share on revenue of $747 million, adjusted EBITDA of $374 million and adjusted free cash flow of $212 million. After completing the Cornerstone takeover in June, Talen raised its full-year outlook. Mizuho rates the stock as “Outperform” with a $405.00 price target, while a fair-value analysis by InvestingPro indicates the shares appear undervalued. » More on de.investing.com