Entergy Outlook Brightens as Meta Data Center Investments Fuel Growth

Key Facts

1Entergy Corporation rated as a buy with a $148 price target, implying a 34.5% upside from current levels.

2Adjusted EPS is estimated to grow from $3.91 in 2025 to approximately $7.40 by 2030.

3Meta-linked Louisiana data center investments and industrial load growth are cited as primary growth drivers.

As the global race to bolster AI infrastructure intensifies, utility companies are emerging as primary beneficiaries of surging power demand. According to reports, Entergy Corporation has been upgraded to a buy rating with a $148 price target, implying a 34.5% upside potential. Meta-linked data center investments in Louisiana and broader industrial load growth are cited as the primary catalysts, with adjusted EPS projected to climb from $3.91 in 2025 to approximately $7.40 by 2030.

This optimistic outlook aligns with trends seen in peers like NextEra Energy and Dominion Energy, which are also pivoting to meet data center needs; NextEra recently reported an 8.3% increase in Q1 earnings per its latest financial filings. Compared to sector peers, Entergy’s strategic focus on Louisiana provides a competitive edge due to favorable industrial growth rates and operational cost structures in the region, according to market data and sector analysis.

Traders should watch ETR price levels, which stood at $110.48 (close June 10, 2026), trading near its daily low of $110.21. Looking ahead, upcoming US inflation data and interest rate decisions will remain critical for the rate-sensitive utilities sector. Additionally, any official project updates from Meta regarding its Louisiana expansion will serve as a significant catalyst for the stock's long-term trajectory.