Dominion Energy (D) – Strong Fundamentals Heading into Q3 Results

Dominion Energy, Inc. (NYSE:D) is included among the 12 Best Nuclear Power Dividend Stocks to Buy Now.

Dominion Energy (D) - Strong Fundamentals Heading into Q3 Results

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Dominion Energy, Inc. (NYSE:D) provides regulated electricity and natural gas services in the United States. The company also operates several nuclear power stations in the country.

Dominion Energy, Inc. (NYSE:D) received a boost last week when Barclays analyst Nicholas Campanella raised the stock’s price target from $60 to $63, while maintaining an ‘Overweight’ rating on the shares. The analyst believes that the utility’s fundamentals are intact heading into the report for its third quarter.

Dominion Energy, Inc. (NYSE:D) continues to believe in the potential of nuclear power and reported this summer that it has received approval from the Nuclear Regulatory Commission to extend the operating license for its VC Summer Nuclear Station for an additional 20 years through 2062. The utility received a similar approval last year to extend the operating licenses for its North Anna nuclear power station in Virginia.

Dominion Energy, Inc. (NYSE:D) serves the world’s largest cluster of data centers in northern Virginia and is working to make sure it remains a winner in the AI boom. The company connected 15 new data centers last year, with plans for at least just as many more in 2025. To ensure it can keep up with the rapidly growing demand, Dominion updated its capital investment forecast from 2025 through 2029 to $50 billion, which should enable an EPS growth of 5% to 7% annually.

As of the writing of this piece, Dominion Energy, Inc. (NYSE:D) boasts a robust annual dividend yield of 4.41%, against an industry average of just around 3%. The company declared a payout of $0.6675 per share in July 2025.

While we acknowledge the potential of D as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than D and that has a 100x upside potential, check out our report about the cheapest AI stock.

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