Entergy Stock Jumps 7% After Meta Data Center Deal Promises Billions In Savings

Aditya Raghunath4 minute read
Reviewed by: Thomas Richmond
Last updated Mar 29, 2026

Key Stats for Entergy Stock

  • Price change for Entergy stock 7%
  • $ETR Share Price as of Mar. 27: $110
  • 52-Week High: $112
  • $ETR Stock Price Target: $109

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What Happened?

Entergy (ETR) stock surged 6.82% on Friday, closing at $109.88, capping a five-day winning streak.

The catalyst was a new agreement with Meta Platforms to build a hyperscale data center in Northeast Louisiana.

The deal is a big one for customers.

  • Meta will cover the full cost of service, including resilience and storm-related expenses that would normally land on existing ratepayers.
  • On top of that, Meta is contributing to Entergy’s Power to Care program, energy efficiency initiatives, and up to 2,500 megawatts of additional solar energy.
  • The total customer savings – Up to $2.65 billion.
  • That breaks down to $650 million previously announced, plus up to $2 billion in additional savings tied to this new agreement.
ETR Stock Revenue, EBIT and Free Cash Flow Estimates in Billion USD (TIKR)

CEO Phillip May framed it simply: “Working with our customers, regulators and state leaders, we are making targeted investments that strengthen reliability, support economic development and deliver meaningful benefits to customers — all while keeping energy rates affordable.”

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What the Market Is Telling Us About Entergy Stock

Investors have clearly warmed up to Entergy stock.

The five-day rally signals growing confidence that the company’s data center strategy is paying off — not just for growth, but for its existing customer base too.

That’s a key distinction.

Many utilities face pushback when large industrial customers drive up infrastructure costs for everyday ratepayers.

Entergy stock is rising partly because this deal is structured differently — Meta absorbs those costs rather than passing them along.

ETR Stock Valuation Model (TIKR)

With a $43 billion capital plan through 2029 and a pipeline of 7-12 gigawatts of data center opportunities, Entergy stock appears well-positioned for continued momentum.

The question now is whether the company can keep landing deals on these terms.

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Disclaimer:

Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!

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