WEC Energy Stock Near All-Time Highs: Can Microsoft’s Wisconsin Expansion Push It Further in 2026?

WEC Energy Group (WEC) is nearing its 52-week high, largely driven by Microsoft’s significant data center expansion in Wisconsin. This expansion has led WEC to increase its demand forecast and capital plan, positioning the utility as a high-growth infrastructure play. Analysts maintain a largely positive outlook, with expectations of continued EPS growth fueled by hyperscaler demand.