Vistra Corp stock holds after Morgan Stanley keeps Buy
📈 Morgan Stanley analyst David Arcaro kept the Buy rating and lifted the price target to USD 227.00.
💰 Vistra reported Q2 2026 revenue of USD 4.02 billion and net income of USD 305 million.
📉 Revenue declined sequentially from USD 4.25 billion in the prior-year quarter.
🚀 Adjusted EBITDA increased to USD 1.77 billion, up from USD 1.35 billion a year earlier.
🔋 Texas EBITDA jumped to USD 311 million from about USD 150 million in the same period.
🎯 The company maintained its full-year 2026 adjusted EBITDA guidance of USD 6.8 billion to USD 7.6 billion.
📊 The stock closed at USD 140.75, trading below the 52-week high of USD 219.61.
🏢 Vistra is listed on the NYSE within the Utilities sector as an Independent Power Producer.
Bullish Signals
- Morgan Stanley analyst David Arcaro maintained a Buy rating and raised the price target to USD 227.00, which is above the analyst consensus of USD 222.46.
- Adjusted EBITDA for the second quarter rose significantly to USD 1.77 billion from USD 1.35 billion in the prior-year quarter.
- Texas EBITDA increased dramatically to USD 311 million from approximately USD 150 million year-over-year.
- Vistra maintained its full-year 2026 adjusted EBITDA guidance range of USD 6.8 billion to USD 7.6 billion despite revenue declines.
Risk Factors
- Second-quarter 2026 revenue fell to USD 4.02 billion from USD 4.25 billion in the prior-year quarter.
- Net income eased to USD 305 million from USD 327 million in the same period last year.
Full Analysis
Morgan Stanley analyst David Arcaro maintained a Buy rating on Vistra Corp. (VST) and raised its price target to USD 227.00, which sits above the current consensus of USD 222.46. The stock closed at USD 140.75 on September 18, 2026, trading below its 52-week high but well above its low.
Vistra reported second-quarter 2026 revenue of USD 4.02 billion and net income of USD 305 million for the period ended June 30, 2026. While these figures represent a decline from the prior-year quarter, adjusted EBITDA rose significantly to USD 1.77 billion from USD 1.35 billion.
Specifically, Texas EBITDA surged to USD 311 million from approximately USD 150 million year-over-year. The company maintained its full-year 2026 adjusted EBITDA guidance range between USD 6.8 billion and USD 7.6 billion despite the sequential revenue contraction.
Vistra operates in the Utilities sector as an Independent Power Producer and Energy Trader, listed on the NYSE with a 52-week trading range spanning from USD 132.92 to USD 219.61.
