Overview
- Traders price in a roughly 7% swing after the next report as Wall Street models Q1 adjusted EPS of $2.34 on revenue of $8.66 billion.
- The stock carries a Strong Buy consensus from 20 analysts, with an average target near $377 and a recent JPMorgan target of $386.
- Major firms kept positive ratings while trimming or nudging targets, including Morgan Stanley at $361, TD Cowen at $381, Scotiabank at $441, and Raymond James at $392.
- Evercore ISI says the $26.6 billion Calpine deal lifts capacity to about 55 gigawatts and expands the retail base above 2.5 million accounts.
- Analysts highlight rising power demand from AI data centers as a growth driver, while UBS cut its target to $388 after cautious guidance and deal timing tied to regulation.