Vistra Corp’s Earnings Report: Anticipation Builds Amid Major Stock GrowthVST is set to announce its third-quarter earnings this Thursday. Analysts predict earnings per share (EPS) of $1.20 and revenues of $5 billion when the company reports before the market opens.

Over the past year, Vistra’s stock has surged by 252%, with a 226% increase year to date (YTD).

Growing Demand for Clean Energy: A Booster for Vistra’s Stock

Vistra’s impressive stock performance can be attributed to its strategic focus on the rising demand for clean energy, particularly among AI data centers. As technology companies embrace nuclear power to satisfy the massive energy requirements of AI, Vistra has strengthened its position following its acquisition of Energy Harbor, expanding its nuclear capabilities.

The company’s forward-thinking investments in energy efficiency, including the adoption of AI-driven tools like the Heat Rate Optimizer (HRO), have not only improved operational efficiency but also decreased carbon emissions—factors that continue to attract investor interest.

Let’s analyze the current market trends surrounding Vistra stock in relation to Wall Street’s forecasts.

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Vistra Stock Displays Bullish Trends Before Q3 Earnings Release

The Vistra stock is experiencing notable buying interest, indicating potential bullish momentum, though its price trajectory remains somewhat stable.

Chart created using Benzinga Pro

As of Wednesday, Vistra shares are priced at $123.73, which is slightly below its 20-day simple moving average (SMA) of $125.98. The stock is also trading closely to its eight-day SMA of $123.05.

On a more positive note, long-term indicators reveal that Vistra’s price remains above the 50-day SMA of $110.78 and the 200-day SMA of $82.78, suggesting a favorable outlook.

Support comes from the Moving Average Convergence Divergence (MACD) reading of 1.87, indicating a bullish signal. Meanwhile, the Relative Strength Index (RSI) sits at 52.81, a neutral level, suggesting that the stock is neither overbought nor oversold.

The overall assessment indicates that despite facing some short-term hurdles, Vistra’s technical indicators point towards a positive medium- to long-term trajectory.

Analysts Project Significant Upside for Vistra

Vistra Ratings & Consensus Estimates: Analysts currently rate Vistra stock as a Buy, with a consensus price target of $126. Recent estimates from firms such as BMO Capital, UBS, and JP Morgan suggest an average price target of $158.33 for Vistra, indicating a potential upside of 28.22%.

Current VST Price Action: At the time of this report on Wednesday, Vistra stock is up 2.1%, trading at $124.48.

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Image created using artificial intelligence via Midjourney.