Stocks · Theme
Industrial power & grid stocks · 25 research notes
25 Industrial power & grid stocks with a dated research note: thesis, kill line and next catalyst.
Earlier themeNot among the research's active themes (last active 20 October 2026). Each stock's note below is dated on its own.
All 25 have a dated research note with a published kill line: the note's own test, stated in advance, of what would prove it wrong: a price level, a business fact, or both.
All stocksCEGConstellation EnergyMedium Constellation Energy's third-quarter beat and raised $12.50–$12.80 guidance make its shares modestly more likely than not to beat the S&P 500; whether data-center limits spread into its mid-Atlantic states and the February report settle it.FPSForgent Power SolutionsMedium Forgent Power Solutions is modestly more likely than not to beat the S&P 500 over three months, after beating guidance and guiding fiscal second-quarter revenue to $560–590 million on 12 November 2026; the mid-March 2027 report settles…PSIXPower Solutions InternationalMedium Power Solutions International's record third-quarter profit, raised second-half outlook and new multi-year engine supply deal support the shares beating the S&P 500. The fourth-quarter report, where management addresses 2027 data-center…TLNTalen EnergyMedium Talen Energy's new seven-year Ohio capacity sale and its 2027 guidance of $2.5–2.85 billion adjusted EBITDA make the shares modestly more likely than not to beat the S&P 500. PJM's December 2026 capacity auction will test whether…BEBloom EnergyLow Bloom Energy shares look more likely to lag the S&P 500 over three months: the 11 November rebound followed CoreWeave's results, while Oracle's 2.4 GW Project Jupiter still lacks its New Mexico air permit. The hearing that opens 7 December…CATCaterpillarLow Caterpillar's shares look more likely to lag the S&P 500, as political risk to data-center building and margins near the bottom of target outweigh a record $78 billion backlog. The 2027 outlook, expected around 2 February 2027, shows…FRMIFermiLow Fermi Inc. shares are more likely to lag the S&P 500 over three months: a $200 million hyperscaler prepayment gives Project Matador a customer, but the 600-megawatt lease is unsigned and the 12 November 2026 10-Q flags going-concern doubt.…CECOCECO EnvironmentalMedium CECO Environmental's third-quarter report showed orders of $777.6 million, backlog of $2,193.5 million and a raised 2026 free cash flow target; the next report decides whether the 2027 outlook of $2.1–$2.3 billion revenue holds.CTOSCustom Truck One SourceMedium Custom Truck One Source's rental fleet growth and a third 2026 Adjusted EBITDA guidance raise, to $447.5–$460 million, make a modest lead over the S&P 500 more likely; Q4 truck deliveries and year-end leverage settle it.FLEXMedium Flex Ltd. beat guidance and raised its fiscal 2027 outlook, and its Axiom spin-off stayed on track at the 10 November 2026 Innovation Day, yet the shares closed at $78.97 on 11 November 2026; the late-January 2027 third-quarter report…MYRGMYR GroupMedium MYR Group, the electrical contractor, is modestly more likely than not to beat the S&P 500 over three months: record backlog of $3.68 billion and higher margins support it. The fourth-quarter 2026 report, expected in late February 2027,…RELLRichardson ElectronicsMedium Richardson Electronics is turning a record $184.4 million backlog into 18.9% sales growth and wider margins, and the shares recovered to $19.43 after an unexplained 15.44% drop. The fiscal Q2 report, expected around 7 January 2027, shows…SEISolaris Energy InfrastructureMedium Solaris Energy Infrastructure is modestly more likely than not to beat the S&P 500 over three months: it beat third-quarter guidance, raised its ranges and signed a 900-megawatt contract. Fourth-quarter results, expected about 24 February…AESIAtlas Energy SolutionsLow Atlas Energy Solutions, a Permian sand producer turning into a power developer, is more likely to lag the S&P 500 over three months: it closed at $5.50 on 12 November 2026 with its data center power contracts unsigned. Management's…AGXArganLow Argan's order book shrank to $2.518 billion in its latest quarter, so the shares are more likely to lag the S&P 500 over three months; the third-quarter fiscal 2027 report, expected around 4 December 2026, shows whether new awards are…AMSCAmerican SuperconductorLow American Superconductor's grid-equipment orders and profit are slowing from a strong September quarter, so the shares are more likely to lag the S&P 500 over three months; the February 2027 report settles it.EFXTEnerflexLow Enerflex's shares are more likely to lag the S&P 500 over three months: TD Cowen expects new US engine orders to pause over Texas permitting. The mid-December Texas grid audit and fourth-quarter bookings settle whether its record $2.136…IESCIES HoldingsLow IES Holdings' data-center electrical backlog is real, but the shares closed at $177.32 on 11 November 2026, 56.6% below the 52-week high, and are more likely to lag the S&P 500. The fiscal fourth-quarter report, expected near 20 November…KEELKeel InfrastructureLow Keel Infrastructure, the former Bitfarms bitcoin miner, is more likely to lag the S&P 500 over three months: it has no signed data-center lease and withdrew its 2026 lease goal on 5 November 2026. A first signed lease settles the case.KGSKodiak Gas ServicesLow Kodiak Gas Services shares are more likely to lag the S&P 500: they fell to $42.26 on 10 November 2026 after a third-quarter beat and raised guidance, and four brokers cut targets. A second signed data-center power contract, or on-time…MEIMethode ElectronicsLow Methode Electronics is more likely to lag the S&P 500: an unexplained 23.4% one-day fall on 5 November 2026 has only partly reversed, and the fiscal second-quarter report, estimated for about 2 December 2026, decides whether the $72–$82M…PLPCPreformed Line ProductsLow Preformed Line Products' grid-equipment demand is real, but the shares are more likely to lag the S&P 500 over three months: Q3 2026 sales of $209.5 million missed the $215.0 million estimate. The fourth-quarter report, expected around…POWLPowell IndustriesLow Powell Industries' shares are more likely to lag the S&P 500 over three months: the record $2.4 billion backlog has not yet shown up in revenue, and the shares are down 33.6% in three months. The fiscal fourth-quarter report after the…SHLSShoals Technologies GroupLow Shoals Technologies' third-quarter beat and raised 2026 revenue guide are now overshadowed by its 4 November 2026 all-stock merger with ARRAY Technologies, which makes the shares a claim on the combined company; shareholder votes and a Q1…VMIValmont IndustriesLow Valmont Industries' shares are more likely to lag the S&P 500 over three months: they sit below their 50-day and 200-day averages despite raised guidance, and the fourth-quarter report around 18 February 2027 settles steel and zinc cost…