Capital Power signed Meta deal: Capital Power stock sits 16.53 percent below its high

Published on 10/08/2026 at 12:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Capital Power stock costs EUR 40.40 on October 8, 2026 versus EUR 40.20. Q2 revenue was CAD 714 million.

CPX, CA14042M1023, Illustration mit AI erstellt.

Capital Power (ISIN CA14042M1023) was at EUR 40.40 at Lang & Schwarz on October 8, 2026 at 12:28 p.m. CEST, while the Toronto-listed reference price of CAD 64.29 stood 16.53 percent below its CAD 77.02 52-week high. As Yahoo Finance reported on October 6, 2026, Capital Power had signed a greater-than-10-year energy supply agreement with Meta for 250 megawatts supporting a data center in Alberta.

Meta contract adds demand visibility

The agreement is tied to Meta's Sturgeon County data center, with the load scheduled to begin in the second half of 2028. The arrangement uses Capital Power's existing Alberta generation portfolio, linking future data center demand to assets already in operation rather than only to a new construction project.

The contract is material because the company operates power generation across Canada and the United States, including natural gas, renewable and energy-storage assets. The timing also matters: the commercial contribution starts in the second half of 2028, leaving execution and financing as the main issues between the agreement and cash flow.

Quarterly figures show mixed earnings

MarketBeat reported on October 1, 2026, that Capital Power's second-quarter revenue was CAD 714.00 million and earnings per share were a loss of CAD 0.33. The same report said eleven research firms carried an average Buy recommendation and a CAD 79.80 12-month price target against a CAD 61.30 opening price.

The latest quarterly numbers therefore combine operating scale with a bottom-line loss. The target comparison is also substantial: the CAD 79.80 consensus target was CAD 15.51 above the CAD 64.29 Toronto reference price on October 7, 2026, a difference of 24.12 percent relative to the reference price.

Next report date enters the calendar

TradingView lists November 4, 2026 as Capital Power's next earnings-report date. For investors assessing the Meta agreement, that report should provide the next dated checkpoint on cash generation, financing costs and the company's ability to convert contracted demand into operating performance.

Euro quote remains slightly higher

At Lang & Schwarz, Capital Power was trading at EUR 40.40 on October 8, 2026 at 12:28 p.m. CEST, up 0.50 percent versus the EUR 40.20 prior close of October 7, 2026. The reference price is separate from the Toronto quote, which was last at CAD 64.29 on October 7, 2026 at 4:00 p.m. ET.

The further course of trading is shown by the continuously updated real-time quote of Capital Power stock.