Summer 2026
Posted on 4/24/2026
Global fund administration and corporate services
No salary listed
Irving, TX, USA
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Vistra helps firms enter markets and manage assets and entities as a fund administrator and corporate service provider across 50+ markets. It offers corporate and fund solutions to handle day-to-day operations so clients can focus on their core business, including market entry and ongoing administration. Its integrated, global approach combines corporate services and fund administration across multiple jurisdictions, simplifying cross-border needs. Goal: enable clients to set up, run, and expand operations efficiently while handling compliance and governance.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Irving, Texas
Founded
2009
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Former banker says the real AI trade isn't chips, it's electricity: 4 stocks to watch. 25 August 2026, 09:50 UTC Updated 25 August 2026, 09:50 UTC * Analyst Felix Prehn published a thread identifying four stocks tied to AI power demand. * Constellation Energy signed 920 megawatts in new nuclear power agreements this quarter. * GE Vernova's backlog reached $176 billion, driven largely by AI data center orders. Analyst and former banker Felix Prehn published a thread on August 24 arguing that most retail investors missed the 500% to 1,000% gains already seen in Palantir, Intel, and Seagate. He now points to four companies sitting at what he calls the true bottleneck of artificial intelligence: electricity. This article is not financial advice. Stock prices are volatile, past performance does not guarantee future results, and readers should conduct their own research or consult a licensed advisor before making any investment decision. Why power companies became the new AI trade. Prehn's thesis centers on a structural shortage rather than a speculative narrative. Big Tech companies are signing long-term contracts to secure nuclear and other generation capacity, even as hundreds of billions of dollars pour into chips and data center construction. Without reliable, clean power, he argues, spending cannot fully materialize into operating capacity. The four companies below sit directly in the path of that demand, each tied to concrete contracts with major AI infrastructure buyers rather than speculative exposure to the sector. Constellation Energy (CEG). Constellation owns the largest nuclear fleet in the United States, including Three Mile Island, which was restarted under the name Crane Clean Energy Center. In the second quarter of 2026, the company signed 920 megawatts of new long-term nuclear power purchase agreements, averaging 18.5 years in duration, including a deal with Walmart. Management raised its adjusted operating earnings guidance to $11.50 to $12.50 per share, with the CEO describing existing plants as the bedrock for powering data centers during this early phase. Shares trade near $273, down roughly 34% from a 52-week high of $412.70, according to TradingView data. Talen Energy (TLN). Talen owns the Susquehanna nuclear plant and holds a major long-term contract with Amazon Web Services covering up to 1,920 megawatts. In its second-quarter results, the company raised adjusted EBITDA guidance to $2.025 billion to $2.225 billion and free cash flow guidance to $1.2 billion to $1.35 billion. Talen also closed its Cornerstone acquisition and advanced a pipeline of roughly 4 gigawatts in data center options. Shares trade at $305, correcting from an all-time high near $451 reached in October 2025. Vistra (VST). Vistra holds long-term contracts with Meta and Amazon and recently launched Helix Digital Infrastructure alongside NVIDIA, KKR, and the Kuwait Investment Authority, with an initial commitment of up to $1 billion. In the second quarter, the company posted more than 30% growth in ongoing operations adjusted EBITDA and reaffirmed its full-year 2026 guidance. It also received FERC approval for its acquisition of Cogentrix. Shares trade near $135, well off a 52-week high of $219.82. GE Vernova (GEV). GE Vernova sells gas turbines, generation equipment, and grid infrastructure, with a backlog that reached $176 billion. AI data center orders more than doubled during the first half of 2026 compared to all of 2025, while its gas turbine backlog hit 116 gigawatts, with management expecting to surpass 125 gigawatts by year-end. The company recently launched a new MV-UPS system built specifically for AI factories and signed battery storage contracts in Australia. Shares trade around $942, near an all-time high of roughly $1,196 reached in July 2026. What investors should weigh before following this thesis. All four companies share the same underlying catalyst: growing, contracted demand for the clean, reliable power that AI infrastructure requires. That structural setup differentiates them from purely speculative AI plays tied to chip demand or software hype alone. Prehn himself flagged the key risk directly. If AI spending slows, or if the profits these buildouts assume fail to materialize on schedule, share prices across this group could fall sharply, given how much of their recent value already reflects future expectations. He recommended having a clear exit strategy in place before entering any of these positions. As with any concentrated thematic bet, diversification and position sizing matter as much as the underlying thesis itself. None of the information above constitutes financial advice. Readers should independently verify current prices, company fundamentals, and risk factors, and consider consulting a licensed financial advisor before making investment decisions based on this analysis. More on AI News? Disclaimer BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Vistra Is the Quietest Big Winner of the AI Power Boom. Here's Why. Courtney Carlsen, The Motley Fool
Constellation Energy and Vistra are competing to capitalise on rising demand for nuclear power driven by artificial intelligence data centres. Both US energy giants are pursuing similar strategies, leveraging nuclear assets whilst expanding natural gas capacity. Constellation Energy generates electricity through nuclear, wind and solar facilities. It reported £7.5 billion in revenue for the quarter ended June 2026, up from £6.1 billion the previous year. The company acquired Calpine in early 2026 and reported a 7% net margin. Vistra operates through retail electricity supply and power generation using natural gas, nuclear and battery storage. Its revenue for the quarter ended June 2026 was £4 billion, down from £4.3 billion the previous year. The company reported a 14% operating margin and plans to acquire gas plants from Cogentrix Energy. Both firms are securing long-term power purchase agreements to meet growing infrastructure demands.
Vistra (NYSE:VST) stock price Up 1.4% - time to buy? August 11, 2026 Key points. * Vistra shares rose 1.4% to about $144.94, but remain below their 50-day and 200-day moving averages. Trading volume was 33% below the average session volume. * Vistra's second-quarter results missed expectations, with revenue of $4.02 billion versus $5.46 billion expected and EPS of $0.76 versus $1.61 expected. Management maintained 2026 guidance, while data-center electricity demand supports the long-term outlook; softer ERCOT pricing remains a risk for 2027. * Analysts maintain a broadly positive view, with a consensus "Buy" rating and average price target of $228.50. The company declared a quarterly dividend of $0.23 per share, equal to a 0.6% annualized yield. * Five stocks we like better than Vistra. Vistra Corp. (NYSE:VST - Get Free Report)'s stock price rose 1.4% during trading on Tuesday. The stock traded as high as $146.90 and last traded at $144.9370. 3,344,530 shares traded hands during trading, a decline of 33% from the average session volume of 4,999,084 shares. The stock had previously closed at $142.87. Key Vistra news. Here are the key news stories impacting Vistra this week: * Positive Sentiment: Management maintained its 2026 guidance, while growing electricity demand from data centers continues to strengthen Vistra's long-term power-generation outlook. The company's underlying EBITDA performance also signals operational resilience despite the revenue shortfall. VST Q2 Earnings Call Balances Data Center Growth With ERCOT Softness Why Vistra EBITDA Growth Signals Strength Despite Revenue Miss * Positive Sentiment: Analysts and market commentary point to Vistra's strategic relevance as a reliable power supplier for artificial-intelligence and data-center growth. This theme could support a valuation recovery if demand translates into stronger contracted pricing and cash flow. Is the AI Power Story Entering a New Phase? * Neutral Sentiment: Vistra's stock underperformance has prompted discussion of a possible contrarian trade, reflecting expectations that strong fundamentals could eventually drive a reversal. However, this is a market strategy view rather than a change in the company's earnings outlook. Vistra Stock's Underperformance Could Open Up a Contrarian Options Trade * Negative Sentiment: Second-quarter revenue of $4.02 billion and EPS of $0.76 came in below estimates of $5.46 billion and $1.61, respectively. The earnings miss remains a near-term pressure on the shares, even though EBITDA and other operating metrics were more encouraging. Vistra Q2 Earnings: Taking a Look at Key Metrics Versus Estimates * Negative Sentiment: Softer pricing in ERCOT, the Texas power market, is clouding Vistra's 2027 outlook. Some analysts therefore view the recent progress as insufficient to justify a fresh buy rating, increasing sensitivity to power prices and future earnings revisions. Vistra Has Progress, But Not Enough for a Buy Analysts set new price targets. VST has been the topic of several research analyst reports. Jefferies Financial Group reaffirmed a "buy" rating and issued a $190.00 price objective on shares of Vistra in a research note on Thursday, May 21st. Zacks Research raised shares of Vistra from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 20th. Wells Fargo & Company restated an "overweight" rating and issued a $212.00 price target on shares of Vistra in a report on Monday. Morgan Stanley lifted their price target on shares of Vistra from $208.00 to $212.00 and gave the company an "overweight" rating in a research report on Tuesday, July 28th. Finally, Sanford C. Bernstein set a $187.00 price objective on shares of Vistra and gave the stock an "outperform" rating in a research note on Tuesday, June 16th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $228.50. Discover more AI infrastructure stocks Market cap calculator Vistra Stock Up 1.4%. The firm has a 50-day simple moving average of $154.71 and a 200 day simple moving average of $156.92. The company has a market capitalization of $48.87 billion, a PE ratio of 24.28 and a beta of 1.41. The company has a debt-to-equity ratio of 5.51, a current ratio of 0.90 and a quick ratio of 0.79. Vistra (NYSE:VST - Get Free Report) last issued its earnings results on Friday, August 7th. The company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $1.61 by ($0.85). Vistra had a return on equity of 98.01% and a net margin of 11.55%.The company had revenue of $4.02 billion during the quarter, compared to analysts' expectations of $5.46 billion. On average, research analysts predict that Vistra Corp. will post 9.42 EPS for the current fiscal year. Vistra increases dividend. The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be given a dividend of $0.23 per share. This is a boost from Vistra's previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, September 21st. This represents a $0.92 annualized dividend and a yield of 0.6%. Vistra's dividend payout ratio is presently 15.41%. Insider buying and selling. In other Vistra news, Director Paul M. Barbas sold 244 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $153.00, for a total value of $37,332.00. Following the completion of the sale, the director owned 53,006 shares of the company's stock, valued at $8,109,918. This trade represents a 0.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Scott B. Helm sold 25,000 shares of Vistra stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $160.00, for a total transaction of $4,000,000.00. Following the sale, the director owned 232,200 shares in the company, valued at $37,152,000. This represents a 9.72% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 41,588 shares of company stock worth $6,739,227 in the last 90 days. 0.92% of the stock is owned by insiders. Institutional investors weigh in on Vistra. Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. NFJ Investment Group LLC boosted its position in Vistra by 323.7% in the 2nd quarter. NFJ Investment Group LLC now owns 5,635 shares of the company's stock valued at $894,000 after buying an additional 4,305 shares during the last quarter. Silvant Capital Management LLC increased its position in shares of Vistra by 1.7% during the second quarter. Silvant Capital Management LLC now owns 76,466 shares of the company's stock worth $12,130,000 after acquiring an additional 1,289 shares during the last quarter. LaSalle St. Investment Advisors LLC increased its position in shares of Vistra by 10.0% during the second quarter. LaSalle St. Investment Advisors LLC now owns 3,919 shares of the company's stock worth $622,000 after acquiring an additional 356 shares during the last quarter. Advisors Preferred LLC acquired a new position in shares of Vistra in the second quarter worth about $3,490,000. Finally, Portfolio Design Labs LLC lifted its stake in shares of Vistra by 1.2% in the second quarter. Portfolio Design Labs LLC now owns 7,348 shares of the company's stock worth $1,166,000 after acquiring an additional 87 shares in the last quarter. Hedge funds and other institutional investors own 90.88% of the company's stock. About Vistra. Vistra NYSE: VST is an integrated power company that develops, owns and operates electricity generation and retail businesses in the United States. The company's operations span wholesale power production - through a diversified fleet of thermal and lower-carbon generation assets - and retail electricity supply to residential, commercial and industrial customers. Vistra serves organized wholesale markets and competitive retail markets, with a notable presence in Texas and other regional U.S. power markets. Vistra's core activities include the ownership and operation of generation facilities, the commercial dispatch and optimization of those assets into wholesale markets, and the sale of electricity and related services to end-use customers through its retail brands. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Vistra, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vistra wasn't on the list. While Vistra currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you'll find 7 stocks that could play a major role in the next tech-driven market boom.
Vistra Corp supports Texas's pause on data centre development pending an audit of projects in the Electric Reliability Council of Texas interconnection queue, executives said during a Friday earnings call. The company doesn't expect the pause to affect its 1.2-GW deal to supply power from its Comanche Peak nuclear plant to an Amazon data centre from 2027 under a 20-year agreement. CEO Jim Burke said baseload projects should continue moving forward, adding the Amazon data centre remains on track to energise next year. Vistra's second-quarter adjusted EBITDA rose 30% year-over-year to $1.767 billion, with its generation business delivering $994 million in adjusted EBITDA compared to $593 million in the same quarter last year.