Xcel Energy Inc. (XEL) – What Are Brokerages Thinking About This Stock?

Xcel Energy Inc. (NASDAQ:XEL) has been assigned a consensus recommendation of “Buy” from the eighteen analysts that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $90.28.

A number of research analysts have issued reports on the stock. BTIG Research set a $92.00 price objective on shares of Xcel Energy in a research report on Friday. JPMorgan Chase & Co. reduced their target price on Xcel Energy from $97.00 to $92.00 and set an “overweight” rating on the stock in a report on Tuesday, October 13th. UBS Group increased their target price on Xcel Energy from $91.00 to $96.00 in a research report on Monday, July 6th. The Goldman Sachs Group reduced their target price on shares of Xcel Energy from $95.00 to $93.00 in a research report on Thursday, October 15th. Finally, Barclays decreased their price target on shares of Xcel Energy from $90.00 to $85.00 and set an “overweight” rating for the company in a research note on Thursday, October 15th.

Xcel Energy News Roundup

Here are the key news stories impacting Xcel Energy this week:

• Positive Sentiment: Third-quarter EPS beat expectations. Xcel reported ongoing earnings of $1.52 per share, up from $1.24 a year earlier and above the $1.39 analyst consensus. Higher electric sales, favorable weather and increased recovery of electric costs supported results. Xcel Energy Q3 revenue jumps 6.6% to $4.17B as EPS beats forecasts
• Positive Sentiment: Long-term growth investment increased. Xcel outlined a roughly $70 billion, five-year capital investment plan, aimed at expanding and upgrading its electric system to meet rising demand. The company also initiated 2027 EPS guidance of $4.48 to $4.62, providing investors with a new earnings framework. Xcel outlines $70B 5-year investment plan while initiating 2027 EPS guidance
• Positive Sentiment: Analyst sentiment remained supportive. Barclays raised its price target to $94 from $85, while RBC Capital Markets maintained a Buy rating, signaling confidence in Xcel’s regulated utility growth prospects. Barclays Adjusts Price Target on Xcel Energy to $94 From $85
• Neutral Sentiment: Revenue grew but missed estimates. Third-quarter revenue rose 6.6% year over year to $4.17 billion, though it fell short of the $4.26 billion consensus, limiting the impact of the earnings beat. Xcel Energy Q3 Earnings Beat Estimates, Revenues Increase Year over Year
• Negative Sentiment: 2026 earnings guidance was lowered or narrowed. Management reduced its full-year ongoing EPS outlook despite the quarterly beat, reflecting uncertainty around the timing of cost recovery and operating conditions. The large investment program may also increase financing and execution requirements. Xcel Energy Q3 Earnings Beat Estimates, Revenues Increase Year over Year

Hedge Funds Weigh In On Xcel Energy

A number of institutional investors and hedge funds have recently made changes to their positions in the business. James T. Borello RIA increased its stake in Xcel Energy by 59.6% during the 3rd quarter. James T. Borello RIA now owns 367 shares of the company’s stock worth $26,000 after buying an additional 137 shares in the last quarter. Evolution Wealth Management Inc. lifted its position in shares of Xcel Energy by 365.3% in the first quarter. Evolution Wealth Management Inc. now owns 349 shares of the company’s stock valued at $28,000 after acquiring an additional 274 shares in the last quarter. GK Wealth Management LLC purchased a new position in shares of Xcel Energy in the third quarter valued at approximately $28,000. Pin Oak Investment Advisors Inc. purchased a new position in shares of Xcel Energy in the second quarter valued at approximately $29,000. Finally, First Bancorp Inc ME acquired a new stake in shares of Xcel Energy in the second quarter worth approximately $36,000. Institutional investors own 78.38% of the company’s stock.

Xcel Energy Trading Up 1.0%

NASDAQ XEL opened at $79.82 on Friday. The stock’s 50-day simple moving average is $74.68 and its two-hundred day simple moving average is $78.19. Xcel Energy has a twelve month low of $68.72 and a twelve month high of $84.23. The company has a quick ratio of 0.62, a current ratio of 0.70 and a debt-to-equity ratio of 1.49. The company has a market capitalization of $49.86 billion, a price-to-earnings ratio of 18.61, a PEG ratio of 2.62 and a beta of 0.36.

Xcel Energy (NASDAQ:XEL) last posted its quarterly earnings results on Wednesday, October 28th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.13. The business had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.26 billion. Xcel Energy had a net margin of 17.94% and a return on equity of 11.29%. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.24 earnings per share. Research analysts forecast that Xcel Energy will post 4.13 EPS for the current fiscal year.

Xcel Energy Company Profile

Xcel Energy Inc is a public utility holding company that provides electricity and natural gas services to residential, commercial, and industrial customers. Its operations include the generation, transmission, distribution, and sale of electricity, as well as the distribution and sale of natural gas.

The company serves customers across Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin through operating companies including Northern States Power, Public Service Company of Colorado, Southwestern Public Service Company, and NSP-Wisconsin.