Vistra

Vistra is shifting from a traditional utility to a strategic energy partner for the AI sector and positions nuclear power as a key factor to meet rising electricity demand. A new $4 billion support package and updated price targets underpin market expectations. Long-term power purchase agreements secure predictable margins and reinforce growth forecasts. » Más en finanzen.net

Vistra has, through its subsidiary, priced a subordinated note offering totaling $1.5 billion, split into Series A ($850 million, 7.00% p.a.) and Series B ($650 million, 7.25% p.a.), both maturing in 2057. The notes are unsecured obligations of the subsidiary and are guaranteed by Vistra. Net proceeds are intended for general corporate purposes, including possible repayment of outstanding preferred shares; the transaction is expected to close on September 24, 2026. » Más en de.investing.com

Guggenheim analyst Shahriar Pourreza sets a $300 target for Vistra, implying about 119% upside, citing long-term nuclear and gas PPAs with AWS and Meta, the Cogentrix deal and the Helix JV with NVIDIA and KKR. Vistra shares are down around 15% YTD and under $140 after Q2 revenue and GAAP net income declined and management flagged a “meaningfully lower” 2027 outlook driven by weak ERCOT forward curves. Adjusted EBITDA rose and buyback capacity plus excluded deal synergies support the bullish case, while power-price risk, mark-to-market hedge losses and integration costs present clear downside risks. » Más en finance.yahoo.com