Xcel Energy (NASDAQ:XEL – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 3.750-3.850 for the period, compared to the consensus EPS estimate of 3.830. The company issued revenue guidance of -. Xcel Energy also updated its FY24 guidance to $3.50-3.60 EPS.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on XEL. Morgan Stanley upped their price objective on shares of Xcel Energy from $68.00 to $73.00 and gave the stock an “equal weight” rating in a research report on Wednesday, September 25th. Wells Fargo & Company raised their price objective on Xcel Energy from $63.00 to $66.00 and gave the company an “equal weight” rating in a report on Wednesday, October 16th. KeyCorp upped their target price on Xcel Energy from $66.00 to $69.00 and gave the stock an “overweight” rating in a research note on Monday, September 30th. Jefferies Financial Group assumed coverage on shares of Xcel Energy in a research note on Thursday, September 19th. They issued a “hold” rating and a $70.00 price target on the stock. Finally, Argus upgraded shares of Xcel Energy from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a research report on Monday, August 26th. Eight research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $65.54.
Check Out Our Latest Stock Report on Xcel Energy
Xcel Energy Stock Performance
Xcel Energy (NASDAQ:XEL – Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.03). Xcel Energy had a net margin of 13.46% and a return on equity of 10.94%. The firm had revenue of $3.03 billion during the quarter, compared to analysts’ expectations of $3.29 billion. During the same period in the prior year, the company posted $0.52 EPS. The company’s revenue for the quarter was up .2% compared to the same quarter last year. On average, research analysts anticipate that Xcel Energy will post 3.56 earnings per share for the current year.
About Xcel Energy
Xcel Energy Inc, through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through wind, nuclear, hydroelectric, biomass, and solar energy sources, as well as coal, natural gas, oil, wood, and refuse-derived fuels.
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