Vistra Corp acquires Cogentrix Energy for $4 billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 09 Jan 26
Source: Benzinga
Vistra Corp's stock surged by 12.88% in pre-market trading as it crossed above the 5-day SMA, reflecting positive investor sentiment.
This increase is attributed to Vistra's announcement of a $4 billion acquisition of Cogentrix Energy, which includes 10 modern natural gas generation facilities totaling about 5,500 MW. This strategic move is expected to enhance Vistra's generation capacity and market position, addressing the growing energy demand in key markets.
The acquisition not only diversifies Vistra's generation portfolio but also demonstrates its commitment to expanding its footprint in the energy sector. Analysts view this as a significant step towards solidifying Vistra's leadership in the market.
Analyst Views on VST
Wall Street analysts forecast VST stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VST is 240.09 USD with a low forecast of 217.00 USD and a high forecast of 287.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
11 Buy
0 Hold
0 Sell
Strong Buy
Current: 162.580
Low
217.00
Averages
240.09
High
287.00
Current: 162.580
Low
217.00
Averages
240.09
High
287.00
About VST
Vistra Corp. is an integrated retail electricity and power generation company that provides essential resources to customers, businesses, and communities from California to Maine. It operates a reliable power generation fleet of natural gas, nuclear, coal, solar, and battery energy storage facilities while taking an innovative, customer-centric approach to its retail business. Its segments include Retail, Texas, East, West, and Asset Closure. The Retail segment is engaged in retail sales of electricity and natural gas to residential, commercial and industrial customers. The Texas and East segments are engaged in electricity generation, wholesale energy sales and purchases, commodity risk management activities, fuel procurement, and logistics management. The West segment represents results from the CAISO market, including its battery ESS projects at its Moss Landing power plant site. The Asset Closure segment is engaged in the decommissioning and reclamation of retired plants and mines.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
