35 Most Important AI Stocks for 2025 According to JPMorgan

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29. NRG Energy, Inc. (NYSE:NRG)

Number of Hedge Fund Holders: 49

NRG Energy, Inc. (NYSE:NRG) operates as an energy and home services company in the United States and Canada. In November 2024, NRG announced a partnership with Renew Home and Google Cloud to develop a 1-gigawatt AI-powered virtual power plant (VPP) in Texas. This initiative aims to distribute hundreds of thousands of smart thermostats by 2035, enhancing grid resilience through AI-driven solutions. These AI initiatives have positively impacted the financial outlook of the firm. In the third quarter of 2024, the company reported an adjusted EBITDA of $1.06 billion, surpassing market expectations. Consequently, NRG raised the 2024 adjusted profit forecast to a range of $5.95 to $6.75 per share, up from the previous $5.00 to $6.30, and projected 2025 profits between $6.75 and $7.75 per share, exceeding analyst predictions.

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