Dominion Energy: Keeping A Buy Rating, But For New AI Reasons
Summary
Dominion Energy is benefiting from strong AI-driven electricity demand, especially in key mid-Atlantic load centers like...
Dominion Energy is benefiting from strong AI-driven electricity demand, especially in key mid-Atlantic load centers like Loudoun County, Virginia. Q2 results beat expectations, with robust EPS and revenue growth, and management reaffirmed 2025 guidance and a healthy dividend yield. Valuation remains attractive, with a potential price target of $68.20 and technical indicators signaling a bullish breakout toward $76.