During The Past Six Months, Talen Energy Corp (NASDAQ: TLN) Shares Took An 108.25% Jump. Here Is What We Should Expect

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During the recent session, Talen Energy Corp (NASDAQ:TLN)’s traded shares were 0.56 million, with the beta value of the company hitting 1.03. At the last check today, the stock’s price was $181.18, reflecting an intraday gain of 3.32% or $5.82. The 52-week high for the TLN share is $176.21, that puts it up 2.74 from that peak though still a striking 72.13% gain since the share price plummeted to a 52-week low of $50.50. The company’s market capitalization is $9.24B, and the average intraday trading volume over the past 10 days was 1.14 million shares, and the average trade volume was 895.84K shares over the past three months.

Talen Energy Corp (NASDAQ:TLN) trade information

Talen Energy Corp (TLN) registered a 3.32% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.32% in intraday trading to $181.18, hitting a weekly high. The stock’s 5-day price performance is 8.65%, and it has moved by 30.34% in 30 days. Based on these gigs, the overall price performance for the year is 231.59%. 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 14.94% 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 -28.05% off the target high and -8.73% 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 on 2024-Aug-13. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.