Capital Power Corporation's stock sees a modest decline amid significant contract news.
This week, Capital Power Corporation (CPX.TO) experienced a slight dip in its stock price, closing down 1.50% on Tuesday. However, the stock has shown resilience over the past week, gaining 2.01%. Recent developments, particularly a long-term energy supply agreement with Meta Platforms, have played a key role in shaping investor sentiment.
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Capital Power Corporation
CPX.TO
CPX.TO
Capital Power Corporation
WealthAwesomeMarket cap
$10.18B
P/E
113.7x
Div. yield
4.28%
Div. / share
$2.76
52W high
$77.02
52W low
$53.91
1W change
-4.64%
Beta
0.41
Analyst Price Targets
Based on analyst covering CPX
Wall Street analysts forecast CPX stock price to rise 20.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$77.92
+20.7% Upside
Current Price
C$64.58
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CPX's historical volatility
30-Day Vol
28.8%
Annualized
90-Day Vol
31.1%
Annualized
Trend (90d)
-13.4%
Annualized drift
90d Mean
C$61.57
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$63.56 | C$57.54 – C$70.20 |
| 60 trading days | C$62.56 | C$54.35 – C$72.00 |
| 90 trading days | C$61.57 | C$51.83 – C$73.14 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: Investors may want to keep an eye on how the new contracts affect Capital Power's revenue and its position in the competitive utilities sector.
Capital Power's stock price closed at C$73.99, reflecting a 1.50% decline on Tuesday.
The stock has a 52-week range of C$53.75 to C$77.02, currently trading at 87% of its range, indicating strong performance over the past year.
Bull case
The long-term agreement with Meta could provide a stable and significant revenue stream, strengthening Capital Power's market position and potentially leading to future growth.
Bear case
Despite the positive news, the stock's recent performance and lower trading volume compared to the average may signal caution among investors.
Recent Company News
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Capital Power Corporation made headlines this week with a significant energy supply agreement with Meta Platforms for a 250MW capacity. Announced on July 8, 2026, this long-term deal supports Meta's new data center in Alberta, part of a larger C$13 billion investment by the tech giant. The deal is expected to create a stable revenue stream for Capital Power, enhancing its position in the utilities sector.
Technical Picture
As of the latest close, Capital Power's stock is trading at C$73.99, above both its 50-day moving average of C$69.90 and its 200-day moving average of C$65.37, indicating a positive short- to medium-term trend. The stock has a beta of 0.41, suggesting lower volatility compared to the broader market. However, the recent trading volume of 98,901 shares is below the 20-day average of 551,030 shares, indicating reduced investor activity.
Market Performance Overview
Over the past month, Capital Power's stock has gained 4.14%, and year-to-date, it has appreciated by 22.40%. Despite the recent 1.50% drop on Tuesday, the stock remains within 87% of its 52-week trading range of C$53.75 to C$77.02. Analysts currently maintain a neutral outlook on the stock, with an average target price of C$76.73, suggesting a potential upside of 3.7% from the current price.
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