“Electricity” lacking compared to NVIDIA semiconductors! What power stocks are attracting attention due to the AI data center construction rush? Check out the earnings forecasts too!
It is the driving force behind the AI boomUS Big Tech plans to further increase investment in AIthat's it. Each company revealed it in their most recent financial results announcements.Against the backdrop of increased investment by major tech companies,”Data center construction is accelerating across the US」The Wall Street Journal (WSJ) reported that they are doing it. Assuming that benefits can be expected, $NVIDIA(NVDA.US$ Semiconductor stocks, led by, rebounded after Big Tech's financial results were announced. This is because large amounts of semiconductors are required for AI data processing in data centers.
On the other hand, in this fiscal seasonBy gain/fall rate by industryElectric power stocksPublic welfare with a high composition ratio ofIt held back semiconductor stocks and rose to the top position.AI data centers have been found to consume large amounts of electricityThat's because I'm doing it.Several power companies announced financial results and indicated that demand for electricity for data centers is expected to expand over the next few years. Of theseCheck hidden AI-related stocks along with earnings forecasts。
During the current fiscal period, $Vistra Energy(VST.US$ Ya $The AES Corp(AES.US$ 、 $NextEra Energy(NEE.US$ 、 $NRG Energy(NRG.US$ 、 $Constellation Energy(CEG.US$ 、 $Public Service Enterprise Group(PEG.US$ The stock prices of electric power stocks, etc., all increased at a rate of over 10%.
The reason why the stock price performance of electric power stocks is strong is due to the expectation that electricity demand will expand due to the data center construction rush. ”The United States has the largest number of data centersWell then,There is a possibility that their share of electricity consumption will rise from 4% in 2022 to 6% in '26The International Energy Agency (IEA) has stated” (WSJ report). This was also shown in the financial results of each electric power company.
The bistro (VST) was released in the financial results presentation materials on 5/8,Data center operations could generate an additional 35 gigawatts of electricity demand by 2030It was shown.
Also,The number of times electric power companies mentioned “data centers” skyrocketed when financial results were announced last time, but this time it is at a high level that exceeds thatIt became.
It is representative of AI brands $NVIDIA(NVDA.US$ References to “AI” were rapidly increasing due to financial results announcements before AI semiconductors were shipped in large quantities. Therefore, analysts are paying attention to frequently occurring words, and management comments relating to them are used as one judgment material.
Below,Of the US electric power companies that have mentioned data centers a lot, we will take 5 brands with strong earnings forecasts. Since stock prices have already risen since the beginning of the year, speed adjustments associated with profit-taking sales are also expected. On the other hand,Based on the data center construction rush and strong earnings forecasts, there is a possibility that the upward trend will be maintained。
● Earnings Forecast：Adjusted EPS for 2024isIt is expected to increase 91% from the previous year
(EPS earnings per share, market forecast based on Bloomberg aggregation, same as below)
●Overview: Electric power related companies. It owns and operates a decentralized portfolio mainly composed of power plants in the United States.
●Management comments (data center related)：
●Management comments (data center related)：
◆The increase in electricity demand associated with the expansion of AI data centers is a harbinger of revolutionary changes in the electrification trend.
◆ According to our forecast, growth is expected at an annual rate of 1.5% to 2% until 2028, and we believe that most of this will be brought about by unprecedented economic development from AI manufacturing, from semiconductor manufacturing to AI data centers, EV and battery manufacturers, and automobile manufacturers.
◆A data center customer is asking the company about increasing the capacity of existing facilities by 3 times over the next 3 years.
◆ According to our forecast, growth is expected at an annual rate of 1.5% to 2% until 2028, and we believe that most of this will be brought about by unprecedented economic development from AI manufacturing, from semiconductor manufacturing to AI data centers, EV and battery manufacturers, and automobile manufacturers.
◆A data center customer is asking the company about increasing the capacity of existing facilities by 3 times over the next 3 years.
● Earnings Forecast：Adjusted EPS for 2024isIt is expected to increase 51% from the previous year
●Overview: US power company. It became a constituent stock of the S&P 500 Index from 5/8.
●Management comments (data center related)：
●Management comments (data center related)：
◆According to a third-party survey, there is a possibility that additional demand for electricity will rise to 35 gigawatts by 2030 due to the operation of data centers. In regions where we provide services, there are multiple demand factors other than data centers.
◆The chip law is also a factor contributing to the increase in demand. As can be seen from the fact that construction of multiple large-scale semiconductor manufacturing sites is progressing, demand for electricity is expected to increase by about 20 gigawatts in West Texas by 2030 due to the continuous return of industrial activities to the domestic market.
◆The chip law is also a factor contributing to the increase in demand. As can be seen from the fact that construction of multiple large-scale semiconductor manufacturing sites is progressing, demand for electricity is expected to increase by about 20 gigawatts in West Texas by 2030 due to the continuous return of industrial activities to the domestic market.
● Earnings Forecast：Adjusted EPS for 2024isIt is expected to increase 45% from the previous year
●Overview: Energy companies. Produce energy and sustainable solutions that do not emit carbon. It owns 25% of the nation's nuclear power plants and supplies energy to more than 20% of the nation's major commercial and industrial customers.
●Management comments (data center related)：
●Management comments (data center related)：
◆The level of interest from data center customers has never been seen in the past 20 years. The data economy and our nuclear energy go well together like peanut butter and jam.
◆The nuclear reactor data center will begin operation from 2026 to 2028, and there is a possibility that it will expand thereafter.
◆ We are proceeding with negotiations with multiple customers, such as major famous companies that everyone knows, to meet their needs. Negotiations are not over yet, but I hope we can conclude an agreement with long-term and transformative value.
◆The nuclear reactor data center will begin operation from 2026 to 2028, and there is a possibility that it will expand thereafter.
◆ We are proceeding with negotiations with multiple customers, such as major famous companies that everyone knows, to meet their needs. Negotiations are not over yet, but I hope we can conclude an agreement with long-term and transformative value.
● Earnings Forecast：Adjusted EPS for 2024isIt is expected to increase 11% from the previous year
●Overview: Energy holding company. It owns public utilities in northern and central California, and is involved in power generation, procurement/transmission/distribution of electric power, and procurement/transportation/storage of natural gas.
●Management comments (data center related)：
●Management comments (data center related)：
◆Data centers are key to America's competitiveness and AI deployment, and we are actively working to support that expansion.
● Earnings Forecast：Adjusted EPS for 2024isIt is expected to increase 9% from the previous year
●Overview: A sustainable energy generation and sales company. We handle power generation using wind power, sunlight, and natural gas.
●Management comments (data center related)：
●Management comments (data center related)：
◆To make the most of data center demand, I don't think any company is in a better position than our company. Our competitive advantages in scale, experience, and technology create long-term visibility into demand trends. Customers are looking for integrated solutions to long-term problems, and we are the perfect partner for those customers.
Since the stock price of the electric power stocks mentioned above has already risen since the beginning of the year, speed adjustments associated with profit-taking sales are also expected,Based on the benefits associated with the data center construction rush and strong earnings forecasts, there is a possibility that the upward trend will be maintained。
Created May 17, 2025 Market Analyst Amelia
Birth: Created by Moomoo Securities from company materials and Bloomberg
Birth: Created by Moomoo Securities from company materials and Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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tosh_1101 : Wow
181365825 : That was a great article