Corning (GLW) at $143.77: how the $3.2B Nvidia investment, $6B Meta fiber deal, and $20B Springboard target power the AI data center optical fiber thesis.
ON Semiconductor trades at 16x forward earnings — a power-semiconductor at cyclical trough with silicon carbide growth in both EV and AI data center. Base-case target $104, ~42% upside.
Dycom Industries (DY) AI data center backlog analysis: a record $11.9B backlog and the Power Solutions pivot underwrite ~27% upside at just 20.5x forward earnings.
Vistra (VST) trades at 12.3x forward P/E with 3,800 MW of 20-year Meta and Amazon nuclear PPAs signed and 2026 adjusted EBITDA guidance of $6.8-7.6B. Consensus target $233 implies 68% upside from $138.54.
Rockwell Automation (ROK) Q2 FY2026 beat consensus by 13% and raised guidance. Data center revenue doubled YoY. Buy rating with $521 base case target.
Constellation Energy (CEG) stock analysis: America’s largest nuclear fleet operator with 60GW capacity after .4B Calpine acquisition. Microsoft Three Mile Island deal and AI data center power demand create 23% upside potential.
