Vistra Corp.'s Strategic Edge: Capitalizing On Rising Energy Demand

Vistra Corp. reported record Q1 earnings back in May, reaffirmed 2026 guidance, and sees strong demand growth driven by data centers and hyperscalers. Q2 results will probably set a new record for the quarter. VST's capital allocation prioritizes share repurchases, supported by a $3B buyback/dividend plan and a 10b5-1 repurchase program. Assuming the 2027 EBITDA midpoint and a conservative 12x multiple, VST's fair value is estimated at $200–$222 per share.

I have covered Vistra Corp. (VST) before, where I outlined the investment thesis in detail and explained why I considered it an interesting buy. Since then, the company reported record Q1 earnings