Vistra CorpNYSE: VST
Utilities · Electric Utilities
$155.54
-1.46%
Vol: 2.5M
Research Digest
Friday, May 1, 2026
Vistra scheduled to report Q1 2026 earnings on May 7 with analyst expectations of $1.41 EPS (up 206.5% YoY); UBS raises PT to $233 on Meta power purchase agreement.
Vistra (NYSE: VST) will report first quarter 2026 financial results on May 7, 2026, with analysts projecting $1.41 EPS, up 206.5% from $0.46 in the year-ago quarter. Raymond James lowered its price target from $240 to $208 but maintained a Strong Buy rating, while UBS raised its price target to $233, driven by Vistra's significant power purchase agreement with Meta. The market has priced in an earnings reaction of +/- 8.49%.
Previous Market Intelligence
13 daysApr 30Vistra completes $4B senior notes offering amid Meta partnership and Fitch upgradePositive▶
Vistra Operations completed a $4 billion private offering of senior notes maturing 2028-2036, receiving $3.97 billion in net proceeds for debt repayment and general corporate purposes. Fitch Ratings upgraded Vistra's long-term issuer default rating to investment grade, strengthening credit profile. UBS raised price target to $233 driven by significant power purchase agreement with Meta worth 2,600+ megawatts of zero-carbon energy. Company scheduled to release Q1 earnings May 7, 2026 with anticipated 210.87% EPS increase to $1.43. Meta partnership announced in January covers 20-year PPAs for 2,176 MW of operating generation plus 433 MW of power increases.
Apr 29Vistra completes $4 billion debt offering and expects 206% EPS growth in Q1 2026 earnings reportPositive▶
Vistra Corp completed $4.0 billion private senior notes offering maturing 2028-2036 on April 22. Net proceeds of $3.97 billion used to repay existing indebtedness including senior notes due February 2027. Company expecting significant Q1 EPS of $1.41, a 206.5% increase year-over-year. Q1 2026 earnings report scheduled May 7. Fitch Ratings upgraded Vistra to investment grade, strengthening credit profile.
Apr 16Vistra priced $4 billion private senior notes offering on April 14 to refinance debt; Fitch upgraded company to investment grade.Positive▶
Vistra announced pricing of $4 billion private senior notes offering across four maturities, closing expected April 22. Offering extends debt ladder to reduce maturity concentration. Fitch Ratings upgraded VST's long-term issuer default rating to investment grade. Annual shareholder meeting scheduled for April 29 to elect 11 directors and approve executive pay. Dividend declared: $40 semi-annual payment on preferred shares (annualized $80). Q1 2026 earnings report expected May 7. Analysts expect 206.52% YoY EPS increase.
Apr 15Vistra priced $4 billion senior notes offering on April 8, 2026, with maturities from 2028 to 2036 to refinance existing debt.Positive▶
Vistra Corp. announced a major debt refinancing on April 8, 2026, pricing a $4 billion private offering of senior notes: $500 million due 2028, $1 billion due 2031, $1 billion due 2033, and $1.5 billion due 2036. The offering extends Vistras debt maturity ladder and will be used to repay or redeem existing debt. Vistra shares rose 3.6% on April 14 to $163.97, up 46.2% over the past year. The company will report Q1 2026 results on May 7, 2026.
Apr 14Vistra prices $4 billion senior notes refinancing across four tranches with maturities from 2028-2036; Fitch upgrades to investment grade.Positive▶
Vistra priced a private offering of $4.0 billion in senior unsecured notes on April 8, 2026, with interest rates ranging from 4.550% to 5.550% and maturities from 2028 to 2036. The offering includes $500 million due 2028, $1 billion due 2031, $1 billion due 2033, and $1.5 billion due 2036. Fitch Ratings upgraded Vistra long-term issuer default rating to investment grade, strengthening its credit profile. The refinancing aims to repay existing debt and fund general corporate purposes. Vistra carries total debt of $20.4 billion with power purchase agreements with major tech companies including Meta for long-term baseload power.
Apr 13Vistra priced $4.0B senior notes offering on April 8 to refinance maturing debt, with analyst consensus Buy rating.Neutral▶
Vistra completed pricing of $4 billion in senior notes across four maturities (2028-2036) on April 8, to be closed April 22. Proceeds will repay existing indebtedness including 2027 senior notes and Term Loan B-3 Facility. Board declared semi-annual preferred dividend of $40 per share. Q1 2026 earnings scheduled May 7. Stock at $153.36 with 11 analysts rating Buy, consensus 12-month target $234.09 (54.84% upside).
Apr 10Vistra prices $4 billion in senior notes; Meta power purchase agreements and Cogentrix acquisition drive strategic growth.Positive▶
Vistra (VST) priced $4 billion in senior notes across four tranches (2028-2036) with coupons ranging 4.55%-5.55%, expected to close April 22. Vistra signed 20-year power purchase agreements with Meta for 2,609 MW of zero-carbon nuclear energy. The company also agreed to acquire Cogentrix Energy's 10 natural gas facilities (5,496 MW) for ~$4 billion.
Apr 9Vistra Prices $4B Senior Notes, Fitch Upgrades to Investment GradeMixed▶
Vistra Corp. priced $4B private offering of senior notes on April 7-8, 2026, across four tranches to refinance 2027-2028 maturities. Fitch upgraded long-term issuer rating to investment grade, strengthening credit profile. Company announced battery expansion for Texas grid reliability and secured dual investment-grade ratings (Fitch, S&P). UBS raised price target to $233 on Meta power purchase agreement. Stock at $151.18, down 1.81% from previous close but up 9.48% since mid-April. Q4 2025 EPS $2.13 missed $2.33 estimate; revenue $4.58B missed $5.3B. Upcoming earnings May 7 expected to show 206% EPS growth YoY. Stock has 15.7B market cap.
Apr 8Vistra secures 20-year Meta nuclear PPAs for 2,600MW, gains investment-grade rating from FitchPositive▶
Vistra Corporation announced 20-year power purchase agreements with Meta for more than 2,600MW of zero-carbon nuclear energy in the PJM region, with deliveries beginning late 2026 and full capacity by 2034. Fitch awarded Vistra an investment-grade credit rating alongside its existing S&P rating, strengthening creditworthiness and financial flexibility. Scotiabank raised its target to $293 and BMO Capital to $244 following the Meta PPAs. The company will report Q1 2026 results on May 7. These long-term contracted revenues de-risk Vistra's business model and support institutional investment. Execution risk remains on PJM regulatory approvals and construction timelines.
Apr 720-year 2,600+ MW Meta nuclear PPA signed; Fitch upgrade to BBB-; Q1 results May 7.Positive▶
Vistra Q1 2026 results May 7. Announced 20-year PPA with Meta for 2,600+ MW zero-carbon nuclear in PJM. Fitch upgraded to investment grade BBB- March 17. 2025 net income $944M. 2026 EBITDA guidance $6.8-7.6B. Cogentrix acquisition planned. Stock $151.18. 11 analysts rate Buy with $234.09 target.
Apr 6Fitch upgrades Vistra to investment grade; nuclear and clean energy focus drives investor appeal.Positive▶
Vistra Corp announced a Fitch Ratings upgrade of its long-term issuer default rating to investment grade, strengthening credit profile. The company operates as an integrated retail electricity and power generation provider with 5 million customers and approximately 41,000 megawatts of generation capacity including natural gas, nuclear, coal, solar, and battery storage. VST navigates dividend adjustments and strategic AI partnerships while positioning its nuclear and clean energy assets to capture value from regulatory changes and rising energy demands. The investment-grade rating upgrade signals improved financial stability and lower borrowing costs.
Apr 3Meta nuclear power deal and Cogentrix acquisition boost VST outlook; Scotiabank raises target to $293.Positive▶
Vistra signed 20-year power purchase agreements with Meta to supply 2,609 MW of zero-carbon nuclear energy in PJM. The company also agreed to acquire Cogentrix Energy's 10 natural gas facilities (5,496 MW) for ~$4B. Scotiabank raised its price target to $293 with an Outperform rating. Fitch upgraded VST's long-term issuer rating to investment grade.
Apr 2Vistra signed 20-year power purchase agreements with Meta for 2,609 MW of zero-carbon nuclear energy, with supplies starting late 2026.Positive▶
Vistra Corp secured a strategic partnership with Meta to supply 2,609 MW of zero-carbon nuclear energy across 20-year agreements. Meta purchases will begin in late 2026 with full capacity phasing in by 2034. The company reported $5.9 billion adjusted EBITDA in 2025, up 5% year-over-year. Board declared semi-annual dividend of $40 per preferred share payable April 15, 2026. Stock trading at $153.96 with BMO Capital Markets maintaining Outperform rating and $241 price target. Earnings scheduled for May 13, 2026.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| CEGCONSTELLATION | $308.34 | -1.49% | +13.8% | 22.8x | 1.19 | $113.4B |
| SOSOUTHERN | $97.02 | +0.33% | -0.3% | 19.6x | 0.41 | $109.0B |
| DUKDUKE | $128.89 | -0.51% | -1.4% | 18.1x | 0.45 | $100.8B |
| AEPAMERICAN | $137.20 | +0.06% | +3.6% | 19.9x | 0.57 | $74.5B |
| ETRENTERGY | $116.83 | -0.92% | +2.9% | 23.6x | 0.56 | $54.0B |
| VSTVISTRA | $155.54 | -1.46% | +4.1% | 14.2x | 1.50 | $53.4B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.