Vistra

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. » Więcej na 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. » Więcej na finance.yahoo.com

Goldman Sachs forecasts U.S. data center power demand to more than double by 2027, boosting merchant power producers like Vistra that sell into wholesale markets. Vistra has secured long-term PPAs with Amazon Web Services and Meta, is acquiring Cogentrix to add about 5,500 MW, and joins Helix Digital Infrastructure as preferred power provider for AI data centers. These deals provide long-term cash flow visibility while analysts forecast EPS of $10.56 in 2027 and $12.36 in 2028, with the stock trading near 12 times 2027 projected earnings. » Więcej na finance.yahoo.com