In this article, we will discuss: 10 Best AI Power Grid Stocks to Buy According to Analysts.
On June 29, Reuters reported that automakers and energy-storage providers are increasing sodium-ion battery output as AI-powered data center demand increases the requirement for grid-scale storage. Earlier this month, General Motors announced a partnership with Peak Energy to create sodium-ion battery supply chains, with production set to begin in Michigan by 2028. GM Vice President Kurt Kelty stated that sodium-ion batteries provide “a compelling mix of durability” and lower system costs for grid-scale storage. Senior Scientist at Argonne National Laboratory Venkat Srinivasan told Reuters that tighter lithium availability, higher pricing, and improved sodium-ion economics continue to push investment.
As per Reuters, Peak Energy has signed a strategic development deal with Energy Vault to set up sodium-ion energy management systems, with a production capacity of 1.5 GWh. Energy Vault Chief Revenue Officer Marco Terruzzin said data centers benefit from decreased cooling requirements and wider operational temperatures. As reported by Reuters, the International Energy Agency predicts that by 2030, sodium-ion batteries will account for around 10% of global annual energy storage additions.
With that said, here are the 10 Best AI Power Grid Stocks to Buy According to Analysts.
Methodology
We used the stock screeners to identify the best AI Power Grid stocks that have high analyst upside potential (over 20%) as of June 29. We limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. The stocks are arranged in ascending order of analyst upside.
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10. Powell Industries, Inc. (NASDAQ:POWL)
Analyst Upside: 20.91%
Powell Industries, Inc. (NASDAQ:POWL) is among the Best AI Power Grid Stocks.
On May 5, Powell Industries, Inc. reported that its board declared a quarterly cash dividend of $0.09 per share payable on June 17, 2026, to shareholders as of May 20, 2026.
Looking ahead, Powell Industries, Inc.’s market conditions across its core businesses remain favorable. The firm is constantly investing in data center growth, AI capacity, and power infrastructure as drivers of demand in its commercial and electric utility markets. The corporation also expects sustained activity in LNG, gas pipeline, and gas-to-chemical markets backed by the competitive position of US exporters.
Chief Financial Officer Michael Metcalf said year-to-date financial growth solidifies confidence in delivering another year of solid fiscal 2026 performance. He pointed out that backlog composition helps margins be consistent with the prior year. Accelerating backlog growth justifies further manufacturing capacity investments aided by commercial visibility.
Powell Industries, Inc. and its subsidiaries design, develop, manufacture, sell, and service custom-engineered equipment and systems.
9. Core Scientific, Inc. (NASDAQ:CORZ)
Analyst Upside: 23.27%
Core Scientific, Inc. (NASDAQ:CORZ) is among the Best AI Power Grid Stocks.
On June 25, BTIG raised its price target on Core Scientific, Inc. to $38 from $33. The firm maintained a Buy rating on the shares. BTIG said accelerating data center construction and persistent demand for prompt power continue to create artificial intelligence colocation opportunities. The firm also noted five high-performance compute infrastructure contracts signed across its coverage universe during the second quarter.
Core Scientific, Inc. built up its capital structure by closing a $3.3 billion offering of 7.75% senior secured notes due 2031. It expanded its gross power capacity pipeline to 4.5 GW and acquired land and power assets in Hunt County, Texas, for approximately $233 million. The firm supports about 430 MW of capacity.
CEO Adam Sullivan said the corporation continues investing ahead of contracts. It is advancing development timelines across multiple sites to speed up customer discussions and sustain its high-density compute infrastructure platform.
Core Scientific, Inc. operates a purpose-built facility for digital asset mining and the provision of blockchain infrastructure, software solutions, and services. It works under the Mining and Hosting segments.
8. Cameco Corporation (NYSE:CCJ)
Analyst Upside: 25.21%
On June 29, RBC Capital raised its price target on Cameco Corporation (NYSE:CCJ) to C$175 from C$160. The firm maintained an “Outperform” rating on the shares.
RBC Capital said the company stands to benefit from improving uranium pricing, rising nuclear demand, and strong sovereign and utility buying interest. It also noted higher-than-reported contract pricing and supportive US and Canadian nuclear policies.
Earlier, on June 1, Cameco Corporation announced an agreement with Orano Canada to acquire TEPCO Resources’ 5% interest in the Cigar Lake Joint Venture. It is increasing Cameco’s ownership stake to 57.418% upon closing. CEO Tim Gitzel said the transaction holds up the company’s strategy by expanding its ownership in a tier-one uranium asset that supports growing global nuclear generation.
The firm said the acquisition will cost about C$115.75 million and remains subject to regulatory approvals. It is expected to close in the third quarter of 2026. The company reaffirmed Cigar Lake’s 2026 production outlook of 17.5 million to 18 million pounds of uranium concentrate.
Cameco Corporation provides uranium for the generation of electricity. The Uranium segment is involved in the exploration for, mining, milling, purchase, and sale of uranium concentrate.
7. Vertiv Holdings Co (NYSE:VRT)
Analyst Upside: 28.99%
Vertiv Holdings Co (NYSE:VRT) is among the Best AI Power Grid Stocks.
On June 18, GLJ Research’s Analyst Austin Wang upgraded Vertiv Holdings Co to Hold from Sell.
Earlier, on June 12, Vertiv Holdings Co announced the completion of its acquisition of ThermoKey. The deal grows its thermal management portfolio and manufacturing capacity across Europe, the Middle East, and Africa. It also strengthens system-level cooling solutions for AI factories and high-density data centers.
CEO Giordano Albertazzi said rising AI infrastructure deployments have made thermal performance critical. He commented that ThermoKey improves Vertiv’s ability to deliver integrated heat rejection solutions that help customers deploy infrastructure faster and operate more efficiently.
ThermoKey CEO Giuseppe Visentini said the acquisition combines the company’s heat-exchange expertise with Vertiv’s integrated thermal platform. It is preserving ThermoKey’s engineering operations in Italy and supporting future growth across EMEA and global markets.
Vertiv Holdings Co designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments. It works through the Americas, Asia Pacific, Europe, the Middle East, and Africa segments.
6. National Fuel Gas Company (NYSE:NFG)
Analyst Upside: 29.72%
On June 22, National Fuel Gas Company (NYSE:NFG)’s exploration and production segment, Seneca Resources and Evolution Well Services, announced a three-year strategic agreement to place Evolution’s electric fracturing technology across Seneca’s Appalachian operations. The companies said the partnership combines Evolution’s patent-protected electric fracturing technology, in-house power generation, and field gas conditioning services with Seneca’s responsibly sourced natural gas.
National Fuel Gas Company’s Seneca Resources President Justin Loweth said the corporation will use its produced and gathered field gas to power electric fracturing operations, lowering fuel and logistics costs, improving reliability and uptime, and reducing the overall cost of ownership.
Evolution Well Services President and CEO Steven W. Anderson said merging the companies’ technologies will simplify operations and prioritize safety, reliability, and efficiency. He commented that the partnership plans to deliver high-performance natural gas completions across Appalachia.
National Fuel Gas Company is a holding company that engages in the production, gathering, transportation, storage, and distribution of natural gas. It works through Integrated Upstream and Gathering, Pipeline and Storage, and Utility segments.
5. Energy Vault Holdings, Inc. (NYSE:NRGV)
Analyst Upside: 30.48%
Energy Vault Holdings, Inc. (NYSE:NRGV) is among the Best AI Power Grid Stocks.
On June 11, Citi started coverage of Energy Vault Holdings, Inc. with a Neutral rating and a $5.25 price target. Analyst Vikram Bagri said the company’s capital-light model provides exposure to power infrastructure and data center demand. He commented that Citi wants a more attractive entry point or better visibility into growth catalysts before turning more constructive.
Separately, on May 27, Energy Vault Holdings, Inc. said it completed its acquisition of an 850 MW battery energy storage portfolio in Japan from BayWa r.e. AG. It established an operational platform in the country. The firm said the portfolio includes 350 MW of advanced-stage projects expected to reach notice to proceed in the second half of 2027 and 500 MW of early-stage projects. It is also expanding its global owned asset base to more than 1 GW. CEO Robert Piconi said the acquisition strengthens Energy Vault’s long-term growth strategy and positions the company to scale energy storage projects in Japan.
Energy Vault Holdings, Inc. is an integrated power infrastructure company. It develops, owns, and operates flexible and reliable energy systems for utilities, independent power producers, industrial customers, and the AI and data center sectors.
4. EQT Corporation (NYSE:EQT)
Analyst Upside: 34.12%
On June 29, Morgan Stanley lowered its price target on EQT Corporation (NYSE:EQT) to $68 from $74. The firm retained an “Overweight” rating on the shares. Morgan Stanley said it refreshed its estimates to mirror lower energy prices after oil retreated following the June 14 US-Iran memorandum of understanding. West Texas Intermediate is trading only slightly above pre-conflict levels.
Separately, the natural gas production firm’s second-quarter 2026 outlook expects a total sales volume of 570-620 Bcfe. It includes 10-15 Bcfe of strategic curtailments. The company also guided for $525 million to $595 million in maintenance capital expenditures and $210 million to $235 million in growth capital spending.
The corporation’s second-quarter capital expenditures should mark the year’s peak as growth-project spending moderates in the second half. EQT Corporation further said it expects to turn in 30-45 net wells during the quarter.
EQT Corporation is a natural gas production company and works in the provision of supply, transmission, and distribution of natural gas.
3. Vistra Corp. (NYSE:VST)
Analyst Upside: 39.28%
Vistra Corp. (NYSE:VST) is among the Best AI Power Grid Stocks.
On June 24, Morgan Stanley lowered its price target on Vistra Corp. to $210 from $212. The firm maintained an “Overweight” rating on the shares. Analyst David Arcaro said the firm updated its North American regulated and diversified utilities coverage for May. The utilities underperformed the S&P during the month.
On June 17, Bernstein analyst Sunaina Ocalan initiated coverage of Vistra Corp. with a bullish “Outperform” rating and a price target of $187. The analyst noted a major, persistent shift in how the United States produces and consumes energy. The firm said natural gas will fund this transition, utilities will build the necessary infrastructure, and the end goal is clean energy. Finally, Bernstein expects the company’s specific combination of power plants to generate massive earnings as overall power demand rises.
Separately, Vistra Corp. had a strong start to 2026. CEO Jim Burke said the firm announced plans to acquire the 5,500 megawatt Cogentrix natural gas generation portfolio. It signed long-term power purchase agreements with Meta for its PJM nuclear sites and delivered solid fleet performance during volatile winter weather.
Vistra Corp. is a holding company working in the provision of electricity and power generation. It works through Retail, Texas, East, West, and Asset Closure segments.
2. Constellation Energy Corporation (NASDAQ:CEG)
Analyst Upside: 41.41%
Wall Street analysts are weighing in on Constellation Energy Corporation (NASDAQ:CEG).
On June 24, Morgan Stanley increased its price target for Constellation Energy Corporation to $364 from $359. The firm maintained its “Overweight rating” on the stock. This update was part of a broader regular review of North American utilities, a sector that underperformed the S&P 500 index during the month.
On June 18, Goldman Sachs initiated coverage of Constellation Energy Corporation with a Neutral rating and a $305 price target. Analyst Joe Ritchie described the company as a “high-quality” independent power producer. Joe said its shares already trade at a meaningful premium to the peer group, recommending the firm to favor more attractive valuation opportunities elsewhere.
Days later, on June 23, Reuters reported that Walmart signed a long-term deal for Constellation Energy Corporation. The agreement is to supply nuclear power from its Dresden Clean Energy Center in Illinois to the retailer’s planned perishable distribution center in Belvidere. Under two 15-year contracts beginning in 2029 and 2030, Walmart will purchase about 176 megawatts of electricity. It includes 30 megawatts from planned plant upgrades.
Constellation Energy Corporation generates, supplies, and markets clean electricity and renewable energy products and solutions. It works under the Mid-Atlantic, Midwest, New York, Electric Reliability Council of Texas, and Other Power Regions segments.
1. Array Technologies, Inc. (NASDAQ:ARRY)
Analyst Upside: 46.73%
Array Technologies, Inc. (NASDAQ:ARRY) is among the Best AI Power Grid Stocks.
On June 11, Array Technologies, Inc. announced that it surpassed 100 GW of solar tracker product deliveries across more than 30 countries. It marked a milestone in its global expansion and utility-scale solar business.
CEO Kevin Hostetler said the achievement shows the company’s ongoing investment in domestic manufacturing and the reshoring of solar supply chains and supports growing demand for affordable, reliable electricity in the US and international markets.
Array Technologies, Inc. also pointed out recent product launches, including ARRAY OmniTrack, DuraTrack with Skylink, and DuraTrack HailXP, along with continued expansion of its SmarTrack software platform. The firm credited the milestone to years of growth with its 2020 IPO, the 2021 acquisition of STI Norland, the 2024 groundbreaking of its New Mexico manufacturing campus, and the 2025 acquisition of APA Solar.
Sen. Martin Heinrich said the achievement displays New Mexico’s leadership in US clean-energy manufacturing and innovation.
Array Technologies, Inc. manufactures and sells solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally.
