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Vistra Signs Long-Term Nuclear Power Deal With Meta

Story Highlights
  • Vistra signed 20-year PPAs with Meta in January 2026 to provide 2,609 MW of carbon-free nuclear power from its PJM plants.
  • Deliveries starting 2026-2034 and related uprate investments are expected to meet mid-teens returns and boost Vistra’s long-term cash flow by up to 17%.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vistra Signs Long-Term Nuclear Power Deal With Meta

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Vistra Energy ( (VST) ) has shared an update.

In January 2026, Vistra announced 20-year power purchase agreements with Meta Platforms to supply a total of 2,609 MW of carbon-free power and capacity from its PJM-region nuclear plants, including existing output from the Perry and Davis-Besse facilities and future uprate capacity at Perry, Davis-Besse, and Beaver Valley. Deliveries of operating capacity are expected to begin in late 2026 and reach full delivery by the end of 2027, while partial delivery of uprate capacity is targeted by 2031 and full delivery by the end of 2034; to enable the uprates, Vistra plans capital expenditures from 2026 through 2034 and projects that these investments will meet or exceed its mid-teens levered return target and increase Adjusted Free Cash Flow before Growth by an estimated 8%-10% from operating output and an additional 5%-7% from uprates, reinforcing the company’s strategy to monetize its nuclear fleet and strengthen long-term cash generation.

The most recent analyst rating on (VST) stock is a Hold with a $165.00 price target. To see the full list of analyst forecasts on Vistra Energy stock, see the VST Stock Forecast page.

Spark’s Take on VST Stock

According to Spark, TipRanks’ AI Analyst, VST is a Neutral.

The score is driven primarily by reasonably strong underlying financial performance (good margins and cash conversion) and constructive forward commentary/guidance, but is held back by high leverage and weak technical trend (price below major moving averages with negative MACD). Valuation also detracts due to a high P/E and low dividend yield, while corporate events are a modest positive given capacity wins and growth-oriented acquisitions.

To see Spark’s full report on VST stock, click here.

More about Vistra Energy

Vistra Corp. (NYSE: VST) is a Fortune 500 integrated retail electricity and power generation company based in Irving, Texas, supplying power and related services to customers, businesses, and communities across the U.S. from California to Maine. The company operates a diverse fleet including natural gas, nuclear, coal, solar, and battery energy storage assets and positions itself as a leader in reliability, affordability, and sustainability within the evolving energy landscape.

Average Trading Volume: 4,520,979

Technical Sentiment Signal: Buy

Current Market Cap: $52.38B

Find detailed analytics on VST stock on TipRanks’ Stock Analysis page.

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