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Barclays Launches Avista (AVA) at Equal Weight, Flags Growth and Regulatory Risks

Avista Corporation (NYSE:AVA) is included among the 14 Quality Stocks with Highest Dividends.

On March 9, Barclays initiated coverage of Avista Corporation (NYSE:AVA) with an Equal Weight rating. It set a $40 price target on the stock. The firm said the company’s “below-average” earnings growth profile, along with risks tied to a pending Washington rate case, wildfire exposure, power cost volatility, and its non-regulated business, are already reflected in the stock’s “discounted valuation.”

During the Q4 2025 earnings call, CEO Heather Rosentrater looked back on her first year. She said it brought both new growth opportunities and a high level of uncertainty. She noted that the company stayed focused on delivering safe and reliable energy while continuing to create value for shareholders. She explained that Avista Utilities’ results were affected by a one-time adjustment related to Colstrip investments, which reduced earnings per share by $0.07. There were also some timing-related factors. Even with those impacts, the company still finished within its original utility guidance range. Excluding those items, she said utility performance would have been above the midpoint of its 2025 earnings guidance.

Rosentrater also pointed to the company’s decision to file a four-year rate plan with the Washington Utilities and Transportation Commission. She said the plan is meant to address cost pressures tied to grid modernization, clean energy investments, purchased power, hydropower, and risks such as wildfires. She noted that choosing a four-year case instead of a two-year one is intended to reduce the frequency of regulatory proceedings while improving stability in cost recovery, shareholder returns, and transparency for customers.

Avista Corporation (NYSE:AVA) is an energy company involved in the production, transmission, and distribution of energy, along with other related businesses. Its segments include Avista Utilities and AEL&P. The Avista Utilities segment covers regulated operations across Washington, Idaho, Oregon, and Montana.

While we acknowledge the risk and potential of AVA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AVA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading into 2026 and 15 Best Safe Dividend Stocks for 2026

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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