Vistra: Q2 2026 Confirmed The AI Power Scarcity Problem

Summary I maintain my Strong Buy rating and $220 price target on Vistra Corp., with Q2 2026 results strengthening my conviction. VST’s diversified generation assets and integration in PJM/ERCOT position it to capitalize on AI-driven electricity scarcity and accelerating data center demand. Helix digital infrastructure offers new upside optionality, but I await signed contracts before factoring material value into my valuation. Strong capital allocation, robust fleet performance, and major customer contracts (META, AWS) support visible EBITDA growth and further re-rating potential. Justin Paget/DigitalVision via Getty Images Investment Thesis I am maintaining my Strong Buy rating on Vistra Corp. ( VST ). I'm also keeping my $220 price target, especially after Q2 2026 . I honestly think that Q2 2026 has strengthened This article was written by The Curious Analyst 5.37K Followers Follow My background is in Financial Engineering and I have long since been interested in analyzing strong solid companies with a rare financial Profile. My primary area of specialization is in quantamental analysis, where I use a combination of data driven models and fundamental research. My approach is centered on a structured process that combines top-down screening with bottom-up company specific analysis .I write on to share ideas with a wider audience and also learn more about companies and other analysts. My goal is to make unique ideas & research accessible to retail and professional investors alike, while maintaining analytical depth and a clear investment thesis.Associated with another author Kennedy Njagi Analyst’s Disclosure: I/we have a beneficial long position in the shares of VST either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.