TLN stock
Talen Energy, a Pennsylvania power producer whose nuclear plant powers Amazon data centers, live.
- After hours
- $361.00 +0.42% 7:54 PM ET
- 52-week range
- $279.77–$449.84
- Market cap
- $17.2B
- P/E (12 months)
- n/a a −$4.17 GAAP loss a share
- Natural gas
- $2.782 +0.25%
- Volume
- 963,972
TLN stock chart
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Daily closes since Talen’s Nasdaq listing in 2024.
What Talen Energy does
Talen is an independent power producer: it owns power plants and sells electricity into PJM, the grid that covers Pennsylvania and much of the mid-Atlantic and Midwest. Its biggest asset is a stake in the Susquehanna nuclear plant in Pennsylvania. In 2025 and 2026 it added gas-fired plants in Pennsylvania, Ohio and Indiana, roughly doubling its gas fleet.
The Amazon deal
In June 2025 Talen agreed to sell Amazon up to 1,920 megawatts from Susquehanna for its data centers, a 17-year deal worth about $18 billion running to 2042, ramping up through 2032. It made Talen one of the stocks investors buy for AI power demand.
What moves TLN stock
- Data center demand and new power deals with tech companies.
- PJM capacity auctions, which set what plants earn for being available.
- Power and natural gas prices: higher power prices lift its margins.
- Regulation of how data centers connect to nuclear plants.
- AI sentiment: TLN often moves with Nvidia and other AI stocks.
Sources: Utility Dive · MarketBeat: Q2 2026 call
Questions
What is TLN stock?
Shares of Talen Energy Corporation, traded on the Nasdaq under TLN since July 2024.
Does Talen Energy pay a dividend?
No; it returns cash through share buybacks, with a $2 billion program running through 2028.
Why is TLN called an AI stock?
Because its nuclear power supplies Amazon data centers, and investors expect AI to keep raising demand for power.
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