US · Utilities · Utilities - Independent Power Producers
EPS came in at 5.65 against a street estimate of 8.26 — a miss of 31.6%.
Analysts rate Talen Energy Corporation a strong buy (18 buy, 2 hold, 0 sell out of 20) with an average price target of $452.62.
CONFIDENT Talen delivered strong Q2 EBITDA of $374M and FCF of $212M. Updated 2026 guidance higher post-Cornerstone. Forecasts $40/share FCF in 2028, seeing robust PJM fundamentals and expanding data center opportunities. Q2 2026 PPL zone dominates growth narrative. Basis compression and load influx seen as multi-year tailwind. AEP Ohio cited as secondary hub but less detailed in call. Analysts pressed regulatory clarity (RBP, IRAS), contract timing, and basis monetization. Management deferred full IRAS judgment, emphasized that hybrid strategy provides safe harbor, and stressed customer time allocation (not regulatory) as real constraint. Confidence in PPL load absorption offsetting near-term basis noise. 2026-08-05…
Full summary in the app.
| Fund | Stake |
|---|---|
| BlackRock Inc | 9.21% |
| Rubric Capital Management LP | 7.62% |
| MFN Partners Management, LP | 6.34% |
| ECP ControlCo, LLC | 5.07% |
| Vanguard Portfolio Management, LLC | 4.58% |
| Vanguard Capital Management, LLC | 4.34% |
| Fred Alger Management, LLC | 3.27% |
| Reaves W H & Co Inc | 3.12% |
| Document | Date |
|---|---|
| Quarterly report · Q3 2026 HEADLINE NUMBERS • For the three months ended September 30, 2026, operating revenue was $1,327 million, compared with $812 million in the same period | 2026-11-03 |
| Results announced · Q4 2026 HEADLINE NUMBERS • Third-quarter 2026 GAAP net income attributable to stockholders was $138 million, down from $207 million in the third quarter of 2 | 2026-11-03 |
| Board / officer change · Q3 2026 HEADLINE NUMBERS • Talen entered a capacity monetization transaction covering approximately 6.5 GW for the 2027/2028 delivery year and 6.0 GW for 202 | 2026-09-29 |
| Quarterly report · Q2 2026 TALEN ENERGY CORPORATION – Q2 2026 10-Q SUMMARY --- HEADLINE NUMBERS • Net Loss Q2 2026: $92 million (vs. Net Income $72 million in Q2 2025) • Net | 2026-08-05 |
| Results announced · Q3 2026 TALEN ENERGY Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Q2 2026 GAAP Net Loss Attributable to Stockholders: $(92) million (vs. net income of $72 mi | 2026-08-05 |
| Reg FD disclosure · Q3 2026 TALEN ENERGY CORPORATION - FORM 8-K SUMMARY HEADLINE NUMBERS • No specific financial metrics, earnings figures, or quantitative results disclosed in | 2026-07-14 |
| Material agreement · Q2 2026 TALEN ENERGY CORPORATION - FORM 8-K SUMMARY HEADLINE NUMBERS • Acquisition price: $3.45 billion total consideration • Cash component: $2.55 billion | 2026-06-15 |
| Material agreement · Q2 2026 TALEN ENERGY CORPORATION - FORM 8-K SUMMARY May 20, 2026 --- HEADLINE NUMBERS • Amended credit facilities totaling $2.585 billion across three loan | 2026-05-21 |
Readable in the app.
| Announcement | Date |
|---|---|
| Acquired companies become guarantors under debt instruments; credit facility expanded On June 15, 2026, the company completed an acquisition of multiple companies (the Acquired Companies) for approximately $2.55 billion in cash plus 2.4 million shares of stock. The cash was f | 2026-06-15 |
| Acquisition of three gas turbine power generation facilities for $3.45 billion Talen Energy Corporation agreed to acquire three natural gas power generation facilities for $3.45 billion. The deal includes two major combined cycle plants (1,218 MW in Indiana and 869 MW | 2026-01-15 |
Technicals, trade setups with a published hit rate, AI analysis and earnings-call summaries for Talen Energy Corporation — free to start.
Open in the appGoogle PlayApp StoreData updated 2026-11-07.