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Vistra Sets 2027 Guidance After a Strong Third Quarter

Vistra earnings and outlook, with a November 5 completed-session chart

Published Nov 6, 2026

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TL;DR

  • Ongoing Operations Adjusted EBITDA grew more than 50% in Q3.
  • Vistra narrowed its 2026 range and introduced 2027 guidance.
  • The board added a $1.5 billion repurchase authorization.

Vistra's third-quarter Ongoing Operations Adjusted EBITDA rose more than 50% from a year earlier to about $2.38 billion. The company attributed the increase primarily to higher realized energy and capacity prices and plants acquired from Lotus. This adjusted measure is different from GAAP net income.

Vistra raised the midpoint and narrowed its 2026 Ongoing Operations Adjusted EBITDA range to $7.1 billion to $7.5 billion. It also introduced a 2027 range of $7.7 billion to $8.5 billion for the same measure. The board authorized an additional $1.5 billion of share repurchases, leaving approximately $2.5 billion available. An authorization permits purchases; it is not a completed repurchase.

VST: November 5 close $112.89; 50-day $144.20 and 200-day $152.82 averages.Open chart to enlarge and pan at full size.

Watch the Vistra Short. Read the SEC-filed earnings release. The TradingView chart shows completed daily candles through the November 5 close, before this release and without November 6 premarket trading. Explore Daily Levels.

Company outlooks are the company's own. This is market research only, not a recommendation to buy or sell.

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