After Talen Energy Corp (NASDAQ: TLN) Surges -35.66% From Highs, What Will It Look Like?

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During the last session, Talen Energy Corp (NASDAQ:TLN)’s traded shares were 2.1 million, with the beta value of the company hitting 1.01. At the end of the trading day, the stock’s price was $171.02, reflecting an intraday gain of 3.10% or $5.15. The 52-week high for the TLN share is $173.23, that puts it down -1.29 from that peak though still a striking 70.47% gain since the share price plummeted to a 52-week low of $50.50. The company’s market capitalization is $8.72B, and the average intraday trading volume over the past 10 days was 1.02 million shares, and the average trade volume was 848.12K shares over the past three months.

Talen Energy Corp (NASDAQ:TLN) trade information

Talen Energy Corp (TLN) registered a 3.10% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.10% in intraday trading to $171.02, hitting a weekly high. The stock’s 5-day price performance is 12.44%, and it has moved by 24.24% in 30 days. Based on these gigs, the overall price performance for the year is 211.51%. The short interest in Talen Energy Corp (NASDAQ:TLN) is 0.75 million shares and it means that shorts have 0.83 day(s) to cover.

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The consensus price target of analysts on Wall Street is $213, which implies an increase of 19.71% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $197 and $232 respectively. As a result, TLN is trading at a discount of -35.66% off the target high and -15.19% off the low.

Talen Energy Corp (TLN) estimates and forecasts

In the rating firms’ projections, revenue will decrease -25.60% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 437.5M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 585M by the end of current fiscal year.

While earnings are projected to return 512.17% in 2024.

TLN Dividends

Talen Energy Corp is due to release its next quarterly earnings in October. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.