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The latest update is out from PPL ( (PPL) ).
On July 15, 2025, PPL Corporation and Blackstone Infrastructure announced a joint venture to build, own, and operate new gas-fired, combined-cycle generation stations to power data centers in Pennsylvania. This initiative, revealed at the Pennsylvania Energy and Innovation Summit, aims to address the growing power demand from data centers and mitigate electricity price increases by leveraging the Marcellus and Utica shale basins. The joint venture, with PPL owning 51% and Blackstone 49%, plans to enter long-term energy services agreements and has already secured land for development, although no agreements with hyperscalers have been finalized. This move is part of a broader strategy to support economic development and address resource adequacy concerns in the PJM Interconnection region, with Pennsylvania Governor Josh Shapiro expressing support for the investment’s potential to create jobs and drive economic growth.
The most recent analyst rating on (PPL) stock is a Buy with a $56.00 price target. To see the full list of analyst forecasts on PPL stock, see the PPL Stock Forecast page.
Spark’s Take on PPL Stock
According to Spark, TipRanks’ AI Analyst, PPL is a Outperform.
The overall stock score of 73 reflects strong financial performance and positive earnings call sentiment. The company’s ambitious investment plans and earnings growth potential are significant strengths. However, challenges in cash flow management and a relatively high valuation slightly offset these positives.
To see Spark’s full report on PPL stock, click here.
More about PPL
PPL Corporation, headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably, and affordably to more than 3.6 million customers in the U.S. The company is known for building smarter, more resilient power grids and advancing sustainable energy solutions.
Average Trading Volume: 5,729,447
Technical Sentiment Signal: Buy
Current Market Cap: $26.13B
For an in-depth examination of PPL stock, go to TipRanks’ Overview page.