Bernstein Targets $187 for Vistra, Citing 18% Upside on Rising Power Demand
VST•Bernstein initiated coverage of Vistra with an Outperform rating and set a $187 price target, implying an 18% upside. The company’s diverse generation portfolio is poised to benefit from U.S. electricity demand rising 2.5%–3% annually as data center power use more than doubles by 2027.
1. Bernstein Launches Coverage with Outperform Rating
Analyst Sunaina Ocalan began coverage of Vistra with an Outperform rating and set a $187 price target, implying an 18% upside to the stock’s recent closing price.
2. Diverse Generation Portfolio Supports Earnings Growth
Vistra’s mix of natural gas, nuclear and renewable assets positions the company to capitalize on rising electricity consumption, offering potential double-barreled earnings contributions from both baseload and peaking plants.
3. Rising Electricity Demand Driven by AI Expansion
U.S. power consumption is climbing at a 2.5–3% annual rate after two decades of stagnation, with data centers expected to more than double their power draw by 2027, boosting demand for Vistra’s generation fleet.
