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UPDATED: Nov 9, 2025

Stock Analysis

VST Logo
Vistra
NYSE:VST
$191.00
$6.38 |3.46%
Day Range:
$176.60 - $191.08
Market Cap:
64.95B
P/E Ratio:
65.6204
Avg Value:
$155.17
Year Range:
$90.51 - $219.82
1
General Information
Vistra Corp. is one of the largest power producers and retail energy providers in the US.

Following the 2024 Energy Harbor acquisition, Vistra owns 41 gigawatts of nuclear, coal, natural gas, solar, and energy storage assets. The Lotus Partners asset purchase would add 2.6 GW of natural gas generation. Its retail electricity business serves 5 million customers in 20 states, including almost a third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016. It acquired Dynegy in 2018.

2
Vistra (VST) Stock Graph
3
How We Grade Vistra (VST)

We grade stocks based on past performance, their future growth potential, intrinsic value, dividend history, and overall financial health.

The chart below shows how we grade Vistra (VST) across the board compared to its closest peers.

4
Benzinga Edge Rankings

Benzinga Edge stock rankings give you four critical scores to help you identify the strongest and weakest stocks to buy and sell.

45.87

Growth measures a stock's combined historical expansion in earnings and revenue across multiple time periods, with emphasis on both long-term trends and recent performance.

19.91

Value is a percentile-ranked composite metric that evaluates a stock's relative worth by comparing its market price to fundamental measures of the company's assets, earnings, sales, and operating performance.

Momentum measures a stock's relative strength based on its price movement patterns and volatility over multiple timeframes, ranked as a percentile against other stocks.

Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
5
Peer Ratings

See how Vistra compares to its peers in these key performance metrics from Benzinga Rankings.

Top Peers
Value
Quality
Growth
Momentum
Short
Medium
Long
TLNTalen Energy
14.38
0
0
92.34
AESAES
59.63
12.16
68.66
71.37
TACTransAlta
19.11
0
20.03
89.24
KENKenon Holdings
57.74
0
55.12
92.25
Short: price trend over the last couple of months
Medium: price trend over the last couple of quarters
Long: price trend over the past year
Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
6
Future Growth
Our estimate of future price growth is based on an aggregation of 9 analyst ratings over the past 3 months and their 12-month price targets.

Below, you can see that analysts are estimating a 12-month price target range of $203.00 - $256.00 with an average of $235.73

22.97%
Expected movement for Vistra (VST) over the next 12 months
Based on these rankings

Recent Ratings for Vistra (VST)

Evercore ISI Group
Date:
Nov 7, 2025
Action:
Maintains
Prev. Target:
$237.00
New Target:
$243.00
BMO Capital
Date:
Nov 7, 2025
Action:
Maintains
Prev. Target:
$236.00
New Target:
$245.00
Seaport Global
Date:
Oct 8, 2025
Action:
Maintains
Prev. Target:
$220.00
New Target:
$242.00
BMO Capital
Date:
Oct 3, 2025
Action:
Maintains
Prev. Target:
$229.00
New Target:
$236.00
Morgan Stanley
Date:
Sep 25, 2025
Action:
Maintains
Prev. Target:
$207.00
New Target:
$223.00
JP Morgan
Date:
Sep 24, 2025
Action:
Maintains
Prev. Target:
$227.00
New Target:
$248.00
Jefferies
Date:
Sep 23, 2025
Action:
Downgrades
Prev. Target:
$241.00
New Target:
$230.00
Goldman Sachs
Date:
Aug 13, 2025
Action:
Maintains
Prev. Target:
$179.00
New Target:
$203.00
BMO Capital
Date:
Aug 12, 2025
Action:
Maintains
Prev. Target:
$191.00
New Target:
$229.00
7
Valuation

Earnings History (3 years)

It is important to look at a companies earnings history to see not only if they are profitable, but if their earnings are growing.
As you can see from the chart above, VST's earnings have increased for the past three years, this is a positive sign for the stock.
8
Dividend
There are few things we like to see when evaluating the quality of a company's dividend history and future

Ideally, we would like to see a company have a long history of consistently high dividend payouts that have grown at a consistent rate. From here we want to be confident that this sort of dividend growth and consistency will persist into the future.

The chart below shows the historical trend in Vistra (VST) dividend yield on an annual basis.

-85.27%
Vistra (VST) saw a decrease in it's dividend yield since 2021
9
Past Performance
How has Vistra (VST) performed over the past 5 years?

The two main factors that we consider when analyzing past performance is overall return and volatility

Using these two metrics, we can determine if this stock gave its investors enough return for the risk that they took on by owning it. This is measured by the sharpe ratio, which has been used as a primary measure of risk/reward trade-off for almost 60 years.

This ratio can be interpreted as the amount of return an investor has received for the amount of risk that they took on by owning the stock over that timeframe.

Vistra (VST) sharpe ratio over the past 5 years is 2.9971 which is considered to be above average compared to the peer average of 1.8777

10
Analyzing Vistra (VST) Recent Options Activity
Below, you can see the trend in options sentiment over the past 30 days.

Based on our data, VST's options trades have recently carried more negative sentiment than positive.

11
Company Financials
INCOME STATEMENT
The income statement also known as the profit and loss statement, primarily focuses on the company's revenues and expenses during a particular period.

The main purpose of an income statement is to convey details of profitability and business activities. Below, is VST's income statement for the previous four years along with its trailing-twelve- month profit & loss.

FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Total Revenue
12.08
13.73
14.78
17.22
18.51
Operating Revenue
12.70
15.63
13.80
14.76
16.01
Cost Of Revenue
10.73
12.05
9.26
9.70
11.11
Gross Profit
1.35
1.68
5.52
7.53
7.40
Operating Expense
2.79
2.78
2.81
3.44
3.75
Selling General And Administration
1.04
1.19
1.31
1.60
1.69
Research and Development
0.00
0.00
0.00
0.00
0.00
Operating Income
-1.44
-1.10
2.71
4.08
3.65
Net Non-Operating Interest Income Expense
-0.52
-0.60
-0.62
-0.89
-1.00
Other Income Expense
0.24
0.14
-0.09
0.28
0.15
Other Non-Operating Income Expenses
0.07
-0.11
-0.12
0.19
0.19
Pre-Tax Income
-1.72
-1.56
2.00
3.47
2.80
Tax Provision
-0.46
-0.35
0.51
0.66
0.42
Net Income
-1.27
-1.23
1.49
2.66
2.39
Net Income Common Stockholders
-1.29
-1.38
1.34
2.47
2.20
Total Operating Income As Reported
-1.52
-1.18
2.66
4.08
3.58
Total Expenses
13.52
14.83
12.07
13.14
14.86
Net Income From Continuing And Discontinued Operation
-1.27
-1.23
1.49
2.66
2.39
Normalized Income
-1.42
-1.42
1.47
2.59
2.41
Interest Income
0.00
0.00
0.09
0.07
0.03
Interest Expense
0.45
0.56
0.62
0.86
0.92
Net Interest Income
-0.52
-0.60
-0.62
-0.89
-1.00
EBIT
-1.27
-1.00
2.62
4.33
3.73
EBITDA
0.79
1.05
4.57
6.96
6.71
Reconciled Cost Of Revenue
10.43
11.60
8.81
8.91
10.19
Reconciled Depreciation
2.05
2.05
1.96
2.63
2.99
Normalized EBITDA
0.61
0.79
4.54
6.87
6.75
Tax Rate For Calcs
0.00
0.00
0.00
0.00
0.19
Tax Effect Of Unusual Items
0.03
0.06
0.01
0.02
-0.02
BALANCE SHEET
The balance sheet is a snapshot of a companies financials during a particular period in time.

It breaks down what company owns (assets) and what a company owes (liabilities), in order to give investors an overview of its capital structure.

FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Total Assets
29.68
32.79
32.97
37.77
38.15
Current Assets
7.88
11.12
11.64
8.12
8.48
Total Non-Current Assets
21.80
21.67
21.33
29.65
29.66
Total Liabilities Net Minority Interest
21.39
27.87
27.64
32.19
33.31
Current Liabilities
5.84
10.34
9.82
8.43
9.43
Other Non-Current Liabilities
0.42
0.21
0.61
0.60
0.61
Total Equity Gross Minority Interest
8.29
4.92
5.32
5.58
4.84
Stockholders Equity
0.00
0.00
0.00
0.00
0.00
Total Capitalization
18.77
16.84
17.42
20.99
20.36
Common Stock Equity
6.29
2.90
2.83
3.09
2.35
Net Tangible Assets
3.56
0.36
0.86
0.55
-0.24
Working Capital
2.04
0.78
1.81
-0.31
-0.95
Invested Capital
17.02
15.95
17.23
20.14
20.10
Tangible Book Value
1.56
-1.64
-1.62
-1.93
-2.71
Total Debt
11.01
13.34
14.68
17.36
18.05
Net Debt
9.41
12.59
10.92
15.86
17.30
Share Issued
0.53
0.54
0.54
0.55
0.55
Ordinary Shares Number
0.47
0.39
0.35
0.34
0.34
CASH FLOW STATEMENTS
A companies statement of cash flows gives an investor a break down of the cash inflows and outflows from a companies operations and investment activities.
FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Cash Flow from Continuing Operating Activities
-0.21
0.48
5.45
4.56
4.23
Net Income from Continuing Operations
-1.26
-1.21
1.49
2.81
2.39
Depreciation and Amortization
2.05
2.05
1.96
2.63
2.99
Deferred Tax
-0.53
-0.23
0.62
0.61
0.36
Deferred Income Tax
-0.53
-0.23
0.62
0.61
0.36
Stock-Based Compensation
0.05
0.06
0.08
0.10
0.09
Other Non-Cash Items
-0.02
-0.12
0.05
-0.04
-0.06
Change in Working Capital
-1.30
-2.58
1.59
-0.42
-1.03
Change in Receivables
Changes in Account Receivables
Change in Inventory
Change in Payables and Accrued Expense
0.33
0.12
-0.24
0.01
Change in Payable
0.38
0.09
-0.34
0.02
0.02
Change in Account Payable
Change in Other Current Assets
Change in Other Current Liabilities
Change in Other Working Capital
-0.97
-2.08
1.95
0.58
-0.02
Cash Flow from Continuing Investing Activities
-1.15
-1.24
-2.15
-5.28
-2.75
Net PPE Purchase and Sale
0.20
0.07
Net Business Purchase and Sale
-3.06
Purchase of Business
-3.06
Net Investment Purchase and Sale
-0.02
-0.02
-0.02
-0.02
-0.02
Purchase of Investment
-0.51
-0.69
-0.62
-2.24
-4.49
Sale of Investment
0.48
0.67
0.60
2.22
4.46
Net Other Investing Changes
-0.10
0.09
-0.56
-0.31
-0.22
Financing Cash Flow
2.27
-0.08
-0.29
-1.60
-2.64
Cash Flow from Continuing Financing Activities
2.27
-0.08
-0.29
-1.60
-2.64
Net Issuance Payments of Debt
1.37
1.90
1.82
1.53
0.37
Net Long-Term Debt Issuance
1.37
1.90
1.82
1.53
0.75
Long-Term Debt Issuance
4.45
6.40
2.60
5.67
4.17
Long-Term Debt Payments
-3.08
-4.50
-0.78
-4.14
-3.42
Net Short-Term Debt Issuance
0.65
-0.65
Net Common Stock Issuance
-0.47
-1.95
-1.25
-1.27
-1.23
Common Stock Issuance
Common Stock Payments
-0.47
-1.95
-1.25
-1.27
-1.23
Cash Dividends Paid
-0.29
-0.45
-0.46
-0.48
-0.50
Net Other Financing Charges
-0.33
0.43
-0.40
-1.39
-1.28
End Cash Position
2.83
4.06
8.04
4.94
3.25
Changes in Cash
0.92
-0.83
3.01
-2.32
-1.17
Beginning Cash Position
1.92
4.89
5.02
7.26
4.42
Capital Expenditure
-1.03
-1.30
-1.68
-2.08
-2.57
Issuance of Capital Stock
Issuance of Debt
4.45
6.40
2.60
5.67
3.79
Repayment of Debt
-3.08
-4.50
-0.78
-4.14
-3.42
Repurchase of Capital Stock
-0.47
-1.95
-1.25
-1.27
-1.23
Free Cash Flow
-1.24
-0.82
3.78
2.48
1.65