Solaris Rides the AI Boom as Risks Mount

Impact · against what's priced in

The article provides no new catalysts for SEI, as its bullish EBITDA guidance and contract wins are already the foundation of the current price. While the debt increase is material, the market's refusal to pay for the long-term growth trajectory suggests these operational wins are viewed as baseline requirements rather than upside drivers.

SEI+0.00

Already priced in

The price assumes

The current contracted power infrastructure backlog and near-term EBITDA guidance

The raised Q3 and Q4 EBITDA guidance and the 18-year contract for a 660MW plant are exactly what the market already expects to justify the current valuation.

What SEI's price assumes · Sep 22

• earnings▲5%
• valuation▲2%
• energy
• data centers
• guidance
• SEI
• ai infrastructure
• capital spending