Goldman Sachs recently lifted its forecast for global data center capacity, pointing to stronger AI infrastructure demand and highlighting companies like Vistra (VST) as potential beneficiaries of higher power needs and long-term contracts. Vistra’s share price has recently been volatile, with a 1-day share price return that declined 3.31% after a 7-day gain of 5.11%. The 1-year total shareholder return is down 14.55% but remains extremely strong over three and five years. According to the most followed Vistra narrative, the fair value sits well above the last close at $163.38, framing the recent pullback as a potential discount. According to the narrative by FundamentalFlow, Vistra is valued at around $300 per share using a discount rate of 7.95% and assuming rising revenue, expanding earnings and a profit multiple more often seen in faster growth sectors. The current market price of $163.38 is therefore described as a discount of 45.5% to that fair value. However, Vistra’s story could shift quickly if regulators tighten terms on long data center power deals, or if data center customers slow AI related spending and delay new capacity.