Talen Energy Corporation
boothcheck covers Talen Energy Corporation (TLN) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed July 11, 2026.
• Talen has converted itself from a merchant generator into the power supplier behind Amazon's nuclear-adjacent data centers, with a revised AWS agreement for up to 1,920 MW running through 2042 that transitioned to its front-of-the-meter structure in April 2026 [Source: Q1 2026 10-Q and earnings materials]. • The disconnect is the risk: trailing GAAP statements show a small net loss and debt at 6.4x book equity with a distress-zone composite solvency score, while the price embeds roughly 54x op
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562 institutional managers reported holding TLN in 13F filings for the quarter ended 2026-03-31. 89 opened new positions that quarter. Held by Vanguard Group, BlackRock, Lone Pine Capital, among others. On the short side, 2.4M shares were sold short as of the 2026-06-15 count, about 5% of shares outstanding (3.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
Open-market insider buys at TLN over the trailing three years: 2025: 3 buys totaling $191k. 16 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
TLN's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2024-08-14 | +9.2% | +31.3% |
| 2024-11-15 | -3.0% | +17.2% |
| 2025-05-09 | -2.7% | +22.5% |
| 2025-08-08 | -0.9% | +10.6% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
TLN's latest 8-K filings: 2026-08-05 (items 2.02, 9.01); 2026-07-14 (items 7.01, 9.01); 2026-06-15 (items 1.01, 2.01, 2.03, 3.02, 7.01, 9.01); 2026-05-21 (items 1.01, 9.01); 2026-05-07 (items 5.07).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 11, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.