Wall Street firm predicts Vistra stock could double despite recent declines and market skepticism.

Vistra's stock has dropped nearly 30% over the past year, yet Guggenheim projects a 119% gain with a $300 price target, far above the $217 consensus. The bullish outlook hinges on Vistra's long-term power purchase agreements with major data centers like AWS and Meta, and new ventures with NVIDIA and KKR, positioning it as a key player in AI-related power supply. Despite a cautious 2027 outlook and recent revenue decline, strong adjusted EBITDA growth and strategic acquisitions support the growth case. Investors face risks from power price fluctuations and integration costs, but the stock's current price below $140 offers an attractive risk-reward balance if data center demand continues.