Morgan Stanley Maintains Overweight on Vistra, Raises Price Target to $227

Vistra Is the Quietest Big Winner of the AI Power Boom. Here's Why.

Vistra, an independent power producer, is positioned to capitalize on surging data center electricity demand driven by AI investments. Unlike regulated utilities with capped returns, Vistra sells power into wholesale markets and has secured long-term power purchase agreements with hyperscalers like Amazon and Meta. With U.S. data center power demand forecast to double by 2027 and the stock down 38% from its 52-week high, analysts project strong earnings growth through 2028.

AI's Next Bottleneck Isn't Chips, It's Power, With Demand Expected to Soar 1,100% by 2033: Why CEG, VST, GEV Stocks Are in Focus

Global AI electricity demand is set to explode, straining an already struggling power grid, with the U.S. absorbing most of it.

Mizuho Initiates Coverage On Vistra with Outperform Rating, Announces Price Target of $169