VST · Vistra Corp.
$161.39
+16.50 (+11.39%)
At close · Oct 6
View the 10-Q filed Aug 10, 2026
Return incl. dividend (before tax)
Customer concentration
— top customer 36% of receivables
One customer — 36% of receivables (June 30, 2026)
“Significant (i.e., 10% or greater) concentration of credit exposure exists with one counterparty, which represented an aggregate $236 million, or 36%, of our total net exposure of our wholesale segments as of June 30, 2026.”
Market Cap
$46.47B
Shares
335.64M
Volume · Oct 6
13.39M
Avg daily vol (3M)
4.7M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$144.89
Open$144.04
Day$140.90–146.94
52W close$134.71–210.85
Avg vol 30d5.0M
Short int9.7M · 2.9% float · 2.0d
Short vol51%
Last earningsAug 7, 2026
DataJan 2020–Oct 2026
Filing10-Q · Aug 10
Up next
Next earnings call
Nov 7, 2026
Est · unconfirmed
· in 5 wks
filed Aug 10, 2026
call held Aug 7, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$19.21B
Trailing 12 months
Net income (TTM)
$2.22B
Trailing 12 months
Revenue growth YoY
-5.5%
Year over year
Operating margin
18.5%
Trailing 12 months
P / E (TTM)
23.6
Trailing earnings · reciprocal yield 4.2%
FCF yield
4.9%
TTM · current market cap
Return on invested capital
11.4%
Trailing 12 months
Net cash
−$19.16B
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
-1.8%
Year over year · fewer shares
Price change (1Y)
-30.9%
Trailing year
Short interest
2.9%
Latest settlement · 2.0 days to cover
AI Brief
Q2 FY26 earnings call · Aug 7, 2026
Q2 FY26
TL;DR. Vistra delivered a strong Q2 2026 with Ongoing Operations Adjusted EBITDA of $1,767M (over 30% YoY growth), reaffirmed full-year 2026 guidance, announced the Helix Digital Infrastructure partnership with KKR/NVIDIA/KIA, and received FERC approval of the Cogentrix acquisition, though 2027 midpoint trends toward the lower end due to softer ERCOT forwards.
Bullish
- + Q2 Ongoing Operations Adjusted EBITDA grew over 30% year-over-year to $1,767 million
- + Reaffirmed 2026 Ongoing Operations Adjusted EBITDA guidance of $6.8B–$7.6B and Adjusted FCFbG of $3.925B–$4.725B with confidence in delivering at or above midpoint
- + Launched Helix Digital Infrastructure partnership with KKR, NVIDIA, and KIA with up to $1 billion commitment from Vistra as preferred power partner
- + Received FERC approval of the pending Cogentrix acquisition
Bearish
- − GAAP Q2 net income declined $22M YoY to $305M due to $472M unrealized loss from hedges settling in future years
- − 2027 EBITDA midpoint opportunity trends to lower end of $7.4B–$7.8B range as ERCOT forwards are meaningfully lower
- − ERCOT power price environment has softened recently amid near-term supply additions and data center audit/queue uncertainty
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Neutral
Momentum
Very Weak
Sentiment
Bullish
Fundamentals
Fair
Quant / Vol
High
Market backdrop
VIX 15.5 · calm
Equity put/call 0.59
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−6%
below
Price vs 50-day avg
+1%
above
RSI (14)
56
neutral
MACD trend
Positive
52-week position
13%
near low
Volume (OBV)
Bullish div.
accumulating
Momentum
relative strength
1-month return
−3%
trailing
6-month return
−12%
trailing
YTD return
−10%
this year
Relative strength
−23%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $143 › 200d $155 — 200d above 50d
Institutional flow
Distributing
11 of 1,424 funds reported for Sep 30 · net -47.8K sh shares · +1 new
Insider flow
Accumulating
Net +$1.2M over 90 days · 0% sells
Short interest
Falling
2.89% of float · ▼ -10.0% MoM · 2.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
1,424 holders — near 3-yr high, broad support
Squeeze score
48
elevated · 0–100
Fundamentals
Revenue growth
+3%
Y/Y
EPS growth
−69%
Y/Y
Free cash flow
$1.3B
Buyback
$1.2B
remaining
Balance sheet
$18.1B
net debt
Quant / Vol
risk profile
Volatility
49%
annualized · 1-yr
Max drawdown
−36%
past year
ATR
3.5%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Aug 7, 2026
2026
2026 adjusted EBITDA
Non-GAAP
$6.8B – $7.6B
2026 adjusted free cash flow before growth
Non-GAAP
$3.93B – $4.73B
2027
2027 adjusted EBITDA midpoint opportunity
Non-GAAP
$7.4B – $7.8B
if certain milestones are met
Additional capital commitment to Helix
$500M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Neutral
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−6%
Bearish
Price vs 50-day avg
+1%
Bullish
RSI (14)
56
Neutral
MACD trend
Positive
Bullish
52-week position
13%
Bearish
Volume (OBV)
Bullish div.
Bullish
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $143 › 200d $155 — 200d above 50d
Institutional flow
Distributing
11 of 1,424 funds reported for Sep 30 · net -47.8K sh shares · +1 new
Insider flow
Accumulating
Net +$1.2M over 90 days · 0% sells
Short interest
Falling
2.89% of float · ▼ -10.0% MoM · 2.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
1,424 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $135
Now $145 · 13%
Range high $211
vs 200-day avg -6%
vs 50-day avg +1%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| CCGT facilities capacity factor | 62.5% | Three Months Ended June 30, 2026 filing | — |
| East CCGT facilities capacity factor | 53.7% | Three Months Ended June 30, 2026 filing | — |
| East Lignite and coal facilities production volumes | 3,058 | Three Months Ended June 30, 2026 filing | — |
| East Natural gas facilities production volumes | 15,805 | Three Months Ended June 30, 2026 filing | — |
| East Nuclear facilities capacity factor | 90% | Three Months Ended June 30, 2026 filing | — |
| East Nuclear facilities production volumes | 7,954 | Three Months Ended June 30, 2026 filing | — |
| East Solar facilities production volumes | 214 | Three Months Ended June 30, 2026 filing | — |
| Lignite and coal facilities capacity factor | 60% | Three Months Ended June 30, 2026 filing | — |
| Lignite and coal facilities production volumes | 6,309 | Three Months Ended June 30, 2026 filing | — |
| Natural gas facilities production volumes | 11,605 | Three Months Ended June 30, 2026 filing | — |
| Nuclear facilities production volumes | 4,456 | Three Months Ended June 30, 2026 filing | — |
| Sales volumes in ERCOT | 18,326 | Three Months Ended June 30, 2026 filing | — |
| Sales volumes in Northeast/Midwest | 13,474 | Three Months Ended June 30, 2026 filing | — |
| Solar facilities production volumes | 278 | Three Months Ended June 30, 2026 filing | — |
| Texas Nuclear facilities capacity factor | 85% | Three Months Ended June 30, 2026 filing | — |
| Total retail electricity sales volumes | 31,800 | Three Months Ended June 30, 2026 filing | — |
| West CCGT facilities capacity factor | 25.2% | Three Months Ended June 30, 2026 filing | — |
| West Natural gas facilities production volumes | 578 | Three Months Ended June 30, 2026 filing | — |
| Adjusted EBITDA by Segment - Asset Closure non-GAAP | -$42M | Six Months Ended June 30, 2026 | — |
| Adjusted EBITDA by Segment - Corporate and Other non-GAAP | -$44M | Six Months Ended June 30, 2026 | — |
| Adjusted EBITDA by Segment - East non-GAAP | $1.44B | Six Months Ended June 30, 2026 | — |
| Adjusted EBITDA by Segment - Retail non-GAAP | $841M | Six Months Ended June 30, 2026 | — |
| Adjusted EBITDA by Segment - Texas non-GAAP | $897M | Six Months Ended June 30, 2026 | — |
| Adjusted EBITDA by Segment - West non-GAAP | $124M | Six Months Ended June 30, 2026 | — |
| Ongoing Operations Adjusted EBITDA non-GAAP | $3.26B | Six Months Ended June 30, 2026 | — |
| share repurchase authorization remaining | $1.2B | As of Aug. 3, 2026 | — |
| share repurchases since November 2021 | $6.5B | Since November 2021, as of Aug. 3, 2026 | — |
| shares outstanding | 336M | As of Aug. 3, 2026 | — |
| Total available liquidity | $6.3B | As of June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Utilities - Independent Power Producers — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
VST
this stock
Vistra Corp.
|
$46.47B | -10.2% | +3.0% | 23.4 | 2.9% |
|
CEG
Constellation Energy Corp
|
$88.46B | -24.2% | +8.3% | 24.3 | 3.3% |
|
NRG
Nrg Energy, Inc.
|
$21.10B | -39.2% | +9.2% | 27.0 | 2.8% |
|
TLN
Talen Energy Corp
|
$14.59B | -11.5% | +22.0% | — | 5.7% |
|
OKLO
Oklo Inc.
|
$7.08B | -49.9% | — | — | 18.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| VST | +5.0% | -3.0% | -11.6% | +4.7% | -10.2% |
| SPY | +1.2% | +0.6% | +11.6% | +1.6% | +13.6% |
| vs SPY | +3.8% | -3.6% | -23.2% | +3.1% | -23.8% |
Capital returns
Buyback program
· as of Aug 3, 2026
Authorized
$7.75B
Spent (derived)
$6.53B
Remaining
$1.22B
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1692819
CUSIP
92840M102
13F (30d)
34 filings
25 filers
Visit website
Investor relations