On September 8, Vistra Energy Corp. rose 3.09% overnight, trading at approximately $153.86/share, with turnover of $1.7577 million.

The rally was primarily driven by the continued escalation of the AI-related power demand theme and a fresh catalyst from Mizuho, which recently initiated coverage on Vistra Energy Corp. with an Outperform rating and a price target of $169. The initiation highlighted Vistra's core positioning as a beneficiary of AI-driven electricity demand growth within the tightening PJM power market.

Fundamentally, the company reported Q2 adjusted EBITDA from continuing operations of $1.767 billion, surging over 30% year-over-year, driven by higher energy and capacity prices as well as contributions from the Lotus acquisition. Vistra reaffirmed its full-year guidance, projecting adjusted EBITDA of $6.8 billion to $7.6 billion and adjusted free cash flow of $3.925 billion to $4.725 billion. Management indicated it expects full-year results to come in at or above the midpoint of its guidance range, further reinforcing investor confidence.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)