Vistra Gains Buy Upgrade to $205 Target and 20-Year Meta PPA for 2,600 MW
Goldman Sachs upgraded Vistra to Buy with a $205 target, and analysts now set a $232 consensus implying 62% upside. Vistra signed 20-year PPAs to supply Meta with more than 2,600 MW of zero-carbon nuclear energy, marking the largest corporate-backed nuclear uprate in the US and enabling license extensions to 2054.
1. Analyst Upgrade and Bullish Consensus
On February 6, Goldman Sachs raised Vistra from Neutral to Buy with a $205 price target, reflecting confidence after recent share declines. More than 90% of analysts hold bullish ratings, driving a consensus price target of $232 and implying a 62.2% upside.
2. 20-Year Meta Power Purchase Agreements
On January 9, Vistra and Meta finalized three 20-year PPAs across Beaver Valley, Davis-Besse and Perry nuclear sites to deliver over 2,600 MW of zero-carbon energy. Meta is scheduled to begin purchases in late 2026 and reach full capacity by 2034.
3. Expanded Capacity and Economic Benefits
The agreements include 433 MW of uprates plus 2,176 MW of existing generation, constituting the largest nuclear uprate backed by a corporate customer in US history. These projects support license extensions to 2054 and are expected to create roughly 3,000 engineering and construction jobs.