According to @stocktalkweekly, Jefferies initiated Entergy (NYSE: ETR) at Buy with a $109 price target, calling it the clearest regulated beneficiary of hyperscaler demand and the best-positioned AI load play in U.S. utilities (source: Jefferies initiation note as relayed by @stocktalkweekly on X, Sep 4, 2025). Jefferies projects 11–15% EPS CAGR from 2024 to 2030 and estimates ETR’s earnings will run 7–11% above Street in 2028 and beyond, outpacing every utility peer on growth, which forms the core of the upside case for the stock (source: Jefferies initiation note as relayed by @stocktalkweekly on X, Sep 4, 2025). For traders, the thesis hinges on sustained AI and data center load growth driving regulated rate base expansion and EPS outperformance versus the utility sector, with ETR identified as the most levered regulated name to that trend by Jefferies (source: Jefferies initiation note as relayed by @stocktalkweekly on X, Sep 4, 2025). The AI-driven power demand backdrop is corroborated by U.S. EIA analysis showing rising data center electricity load in the South, a region overlapping ETR’s footprint, reinforcing the structural demand case for utilities exposed to hyperscalers (source: U.S. Energy Information Administration, “Some U.S. states see growing data center electricity demand,” May 2024). For crypto markets, ERCOT has documented accelerating large flexible loads from data centers and crypto mining that affect system planning and pricing dynamics, implying potential pressure on power availability and costs for Bitcoin (BTC) miners as AI data center load scales, which can influence mining margins and hash rate economics (source: ERCOT Long-Term System Assessment 2024 and related planning materials).