Solaris Energy (SEI) Stock Surges 4.2% on Major Data Center Power Agreement

Key Highlights SEI shares advanced 4.2% Tuesday following confirmation of a third major data center power agreement The contract provides 600+ megawatts of power capacity to a global technology company over a 10-year period First-quarter EPS of $0.32 fell short of analyst expectations by one penny First-quarter revenue reached $196.2 million, surpassing the $183.4 million consensus and marking a 55% year-over-year increase Morgan Stanley reaffirmed its Overweight stance with an $81 target price Shares of Solaris Energy Infrastructure rallied Tuesday as the company unveiled its third major power supply agreement with a prominent tech enterprise, overshadowing a marginal quarterly earnings shortfall. Solaris Energy Infrastructure, Inc., SEI SEI shares peaked at $81.24 during intraday trading before settling 4.2% higher at $73.66. The stock has surged 54% year-to-date in 2026, with April alone accounting for 25% of those gains. The freshly inked agreement, finalized on April 24, commits Solaris to supplying over 600 megawatts of power capacity to a subsidiary of an investment-grade international technology corporation. The initial term spans 10 years, with provisions for a five-year extension. $SEI Q1’26 EARNINGS HIGHLIGHTS Revenue: $196M (Est. $182.66M) ; +9% sequentially Adj. EPS: $0.44 (Est. $0.33) Adjusted EBITDA: $84M; +22% sequentially Third Long-Term Power Contract: Signed with affiliate of an investment-grade global technology company for over… pic.twitter.com/nSygrpmgge — Wall St Engine (@wallstengine) April 27, 2026 Solaris anticipates commencing power delivery in the latter part of 2026, with a gradual expansion continuing through 2028. Regarding quarterly performance, first-quarter earnings per share came in at $0.32—representing growth from $0.14 in the prior-year period but falling one cent below consensus forecasts. Revenue presented a more encouraging picture, climbing 55% year-over-year to $196.2 million, exceeding Wall Street’s $183.4 million proje...