$NRG H&S bottomNRG Energy, Inc.BATS:NRGDillyDallyGallyNRG — NRG Energy, Inc. Thesis: Levered ~25 GW IPP + 8m-customer retail book being repriced as AI/data-center infrastructure; the entire payoff hinges on whether the 5.4 GW BYOP pipeline converts into contracted megawatts and a Vistra-style multiple. P / FV (base): 0.78× · Spot: $139.98 · Base FV: $180.00 · Prob-wtd FV: $182.00 · Reviewed: 2026-07-23