• In early January 2026, Vantage Data Centers and Liberty Energy’s Liberty Power Innovations agreed to develop and operate up to 1 gigawatt of high‑efficiency, utility‑scale power solutions for Vantage’s North American data center portfolio, including 400 megawatts of 2027 capacity and potential expansion beyond that level.
• This partnership highlights Liberty Energy’s move to supply long-term, on-site power for cloud and AI infrastructure in grid‑constrained markets, aligning its power platform with structurally rising data center electricity needs.
• We’ll now examine how Liberty Energy’s expanded role in powering data center and AI infrastructure could reshape its existing investment narrative.

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Liberty Energy Investment Narrative Recap

To own Liberty Energy, you need to believe its core North American frac business can fund a profitable shift into long-duration power solutions for data centers and AI infrastructure. The Vantage partnership directly supports that pivot but does not eliminate near term risks around softer completions activity, service pricing pressure in 2025 and the possibility of an earnings air pocket if power projects ramp slowly while legacy oilfield demand cools.

The upcoming 2025 results on 28 January 2026 are the announcement most investors may watch next, as they offer the first detailed context for how Liberty’s capital allocation and margin profile are evolving alongside its growing Liberty Power Innovations platform and data center exposure. Those numbers will help frame whether the new power agreements can eventually offset pressure in the core frac business or simply sit in the background for several more years.

But before getting too comfortable with the data center story, investors should be aware of the risk that Liberty’s heavier dependence on North American hydraulic fracturing and sand operations could...

Liberty Energy's narrative projects $4.3 billion revenue and $41.3 million earnings by 2028. This requires 1.8% yearly revenue growth and a $175.5 million earnings decrease from $216.8 million today.

Uncover how Liberty Energy's forecasts yield a $19.36 fair value, a 3% downside to its current price.

Exploring Other Perspectives

Six fair value estimates from the Simply Wall St Community span roughly US$11 to US$33.57 per share, underlining how far apart individual views can be. When you set that against the risk of a potential revenue gap if oilfield activity softens before newer power projects fully contribute, it becomes even more important to compare several different opinions on what might drive Liberty’s performance.

Explore 6 other fair value estimates on Liberty Energy - why the stock might be worth as much as 68% more than the current price!

Build Your Own Liberty Energy Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Liberty Energy research is our analysis highlighting 1 key reward and 4 important warning signs that could impact your investment decision.
• Our free Liberty Energy research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Liberty Energy's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.