Talen Energy Corp (NASDAQ:TLN) 0.63% Up Over A Week, Can The Stock Hit Well Above $1.24?

In last trading session, Talen Energy Corp (NASDAQ:TLN) saw 2.9 million shares changing hands with its beta currently measuring 1.78. Company’s recent per share price level of $199.09 trading at $22.53 or 12.76% at ring of the bell on the day assigns it a market valuation of $2.03B. That closing price of TLN’s stock is at a discount of -29.6% from its 52-week high price of $258.03 and is indicating a premium of 58.02% from its 52-week low price of $83.57. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.08 million shares which gives us an average trading volume of 1.17 million if we extend that period to 3-months.

Talen Energy Corp (NASDAQ:TLN) trade information

Upright in the green during last session for gaining 12.76%, in the last five days TLN remained trading in the green while hitting it’s week-highest on Wednesday, 03/12/25 when the stock touched $199.09 price level, adding 0.45% to its value on the day. Talen Energy Corp’s shares saw a change of -1.18% in year-to-date performance and have moved 0.63% in past 5-day. Talen Energy Corp (NASDAQ:TLN) showed a performance of -16.43% in past 30-days. Number of shares sold short was 2.12 million shares which calculate 1.78 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 207 to the stock, which implies a rise of 3.82% to its current value. Analysts have been projecting 197 as a low price target for the stock while placing it at a high target of 233. It follows that stock’s current price would jump 1.05% in reaching the projected high whereas dropping to the targeted low would mean a gain of 1.05% for stock’s current value.

Talen Energy Corp (TLN) estimates and forecasts

This year revenue growth is estimated to rise 6.61% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 556.93M for the same. And 4 analysts are in estimates of company making revenue of 510.57M in the next quarter. Company posted 509M and 489M of sales in current and next quarters respectively a year earlier.

In 2025, company’s earnings growth rate is likely to be around -65.01% while estimates for its earnings growth in next 5 years are of -5.06%.

Talen Energy Corp (NASDAQ:TLN)’s Major holders

Insiders are in possession of 0.00% of company’s total shares while institution are holding 99.04 percent of that, with stock having share float percentage of 99.04%. Investors also watch the number of corporate investors in a company very closely, which is 99.04% institutions for Talen Energy Corp that are currently holding shares of the company.