Vistra (VST)

• Market cap: $36.2B
• 1 day: -7.71%
• 5 days: -9.20%
• 1 month: -18.43%
• 3 months: -42.53%
• 6 months: -18.30%
• Year to date: -28.83%
• 1 year: 59.65%
• 5 years: 525.85%
• 10 years: 603.10%
• Sector: Utilities
• Industry: Independent Power Producers

About: Vistra Energy is one of the largest power producers and retail energy providers in the US. Following the 2024 Energy Harbor acquisition, Vistra owns 41 gigawatts of nuclear, coal, natural gas, solar, and energy storage assets. Its retail electricity business serves 5 million customers in 20 states, including almost a third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016. It acquired Dynegy in 2018.

Employees: 6,850

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

246% more first-time investments, than exits

New positions opened: 273 | Existing positions closed: 79

20% more funds holding

Funds holding: 907 [Q3] → 1,085 (+178) [Q4]

12% more capital invested

Capital invested by funds: $35.2B [Q3] → $39.6B (+$4.31B) [Q4]

11% more funds holding in top 10

Funds holding in top 10: 46 [Q3] → 51 (+5) [Q4]

10% more repeat investments, than reductions

Existing positions increased: 385 | Existing positions reduced: 350

2% more call options, than puts

Call options by funds: $1.54B | Put options by funds: $1.51B

2.25% less ownership

Funds ownership: 86.48% [Q3] → 84.23% (-2.25%) [Q4]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $134 26% upside
• Avg. target: $170 59% upside
• High target: $202 90% upside

6 analyst ratings

• positive: 5 83%
• neutral: 1 17%
• negative: 0 0%

UBS William Appicelli 64% 1-year accuracy 7 / 11 met price target	45% upside $154	Buy Maintained	11 Apr 2025
Goldman Sachs Carly Davenport 100% 1-year accuracy 2 / 2 met price target	26% upside $134	Neutral Initiated	4 Apr 2025
JP Morgan Jeremy Tonet 58% 1-year accuracy 21 / 36 met price target	75% upside $186	Overweight Maintained	28 Mar 2025
B of A Securities Julien Dumoulin-Smith 54% 1-year accuracy 92 / 170 met price target	43% upside $152	Buy Upgraded	4 Mar 2025
BMO Capital James Thalacker 73% 1-year accuracy 53 / 73 met price target	79% upside $191	Outperform Maintained	22 Jan 2025