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Research Alert: CFRA Maintains Buy Opinion On Shares Of Talen Energy Corporation
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Research Alert: CFRA Maintains Buy Opinion On Shares Of Talen Energy Corporation
May 12, 2026 8:20 AM

10:55 AM EDT, 05/12/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target by $3 to $453, valuing shares at an EV/EBITDA of 11.0x our 2027 EBITDA estimate, roughly in-line with peers. We raise our 2026 EPS view by $2.58 to $23.02 and raise our 2027 EPS view by $5.87 to $34.61. In 2026, we anticipate operating sales growth of 64% to $4.23B and 10% to $4.67B in 2027 from $2.58B in 2025, supported by the ramp-up of the long-term PPA with AWS at the Susquehanna nuclear plant. We also see recent gas plant acquisitions supporting growth. We anticipate significant adjusted EBITDA margin expansion with support from strong revenue growth due to recent acquisitions and contracted power sales. We forecast the margin to reach approximately 48% in 2026, up from ~40% in 2025, followed by further expansion to around 53% in 2027. TLN repurchased 300k shares for $100M during the quarter, with $1.9B remaining under its authorization through year-end 2028, supporting the company's disciplined capital allocation framework while maintaining net leverage of 3.1x.

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