Research Alert: CFRA Maintains Buy Opinion On Shares Of Talen Energy Corporation

Fidelity
2026.05.12 14:55
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CFRA maintains a Buy opinion on Talen Energy Corporation, raising its 12-month target by $3 to $453. The firm increased its 2026 EPS estimate by $2.58 to $23.02 and 2027 EPS by $5.87 to $34.61. Anticipated sales growth is 64% to $4.23B in 2026 and 10% to $4.67B in 2027, driven by a long-term PPA with AWS and gas plant acquisitions. Adjusted EBITDA margins are expected to expand to 48% in 2026 and 53% in 2027. Talen repurchased 300k shares for $100M, with $1.9B remaining under its buyback authorization.