While the broader market sells off, ETR is holding its uptrend. And the fundamental story keeps getting stronger.
Since our September analysis, Entergy just added another $2B in customer savings through an expanded Meta deal in Louisiana, bringing total customer benefits to $2.65B. Seven new gas plants, 240 miles of new transmission lines, and up to 2,500MW of solar - all funded by Meta, not payers. The AI infrastructure buildout is directly powering this utility's growth runway.
We'll be publishing a full follow-up analysis soon to reassess the technicals and update the trade plan from here.
See our old trade plan below, when the stock was around $88.