Pulling SEC filings + quote and writing the call…

Talen Energy Corp
Next earnings Aug 5, 2026 · consensus $3.53 EPS, $777M rev
Last earnings +0.1% on 2026-05-05
Operating cash flow and capacity prices are strong, but the stock is richly priced and leverage is climbing fast.
Talen is an independent power producer benefiting squarely from the surge in PJM power and capacity prices. FY2025 revenue grew 60.0% to $2.52B, and the MD&A attributes a $519 million increase in generation margin to higher realized prices at Susquehanna and its dispatchable fleet, plus a $293 million jump in capacity revenues on higher cleared prices. Operating cash flow rose 175.0% to $704M, so the cash engine is healthy. The headline net loss of $219M and -$4.79 EPS are misleading: the 10-K shows it was driven largely by a $526 million stock-based compensation charge in G&A (versus $33 million the prior year) and the absence of last year's $884 million asset-sale gain, not by operating deterioration.
Sources: SEC EDGAR (CIK 0001622536, latest 10-Q filed 2026-05-05) · EODHD · analysis by claude-code · as of 6/21/2026, 8:42:00 PM.
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The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY14 | FY15 | FY22 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | — | — | $3.21B | $1.57B | $2.52B |
| Gross profit | — | — | — | — | — |
| Operating income | $397M | -$39.0M | $241M | $226M | -$90.0M |
| Net income | $410M | -$341M | — | $998M | -$219M |
| Diluted EPS | $4.91 | -$3.10 | — | $17.67 | -$4.79 |
| Net margin | — | — | — | 63.4% | -8.7% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
1078 tracked peers · median
Disclosed under the STOCK Act
Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
Last 90 days: 0 open-market buys · 1 sale
| 2026-06-15 | ABBAS GIZMAN I Director | Sell | 2.60K @ $380.00 | $988K |
| 2026-06-08 | McFarland Mark Allen Chief Executive Officer | Disposed (J) | 260K | |
| 2026-06-08 | McFarland Mark Allen Chief Executive Officer | Acquired (J) | 260K | |
| 2026-05-22 | McFarland Mark Allen Chief Executive Officer | Exercise | 29.8K | |
| 2026-05-22 | McFarland Mark Allen Chief Executive Officer | Exercise | 325K | |
| 2026-05-22 | McFarland Mark Allen Chief Executive Officer | Tax | 140K @ $324.21 | $45.3M |
| 2026-05-22 | Berryman Brad Chief Operating Officer | Exercise | 8.31K | |
| 2026-05-22 | Berryman Brad Chief Operating Officer | Exercise | 90.8K | |
| 2026-05-22 | Berryman Brad Chief Operating Officer | Tax | 43.0K @ $324.21 | $14.0M |
| 2026-05-22 | Wright Andrew M Chief Administrative Officer | Exercise | 8.01K | |
| 2026-05-22 | Wright Andrew M Chief Administrative Officer | Exercise | 87.5K | |
| 2026-05-22 | Wright Andrew M Chief Administrative Officer | Tax | 37.6K @ $324.21 | $12.2M |