Analyst Raises Xcel Energy (XEL) Price Target Despite Mixed Q1 Report

Xcel Energy Inc. (NASDAQ:XEL) is simply a large US energy and earthy state company, with operations successful 8 Western and Midwestern states.

On May 4, Evercore ISI raised its terms people connected Xcel Energy Inc. (NASDAQ:XEL) from $93 to $96, portion maintaining an ‘Outperform’ standing connected the shares. The people boost, which reflects an upside of implicit 19% from the existent terms levels, comes aft the institution reported its Q1 2026 results connected April 30.

Xcel Energy Inc. (NASDAQ:XEL)’s adjusted net of $0.91 per stock successful the archetypal 4th were successful enactment with expectations, arsenic the higher betterment of electrical ​infrastructure investments and stronger income helped offset lukewarm upwind and ‌ higher financing costs. However, the company’s gross of $4 cardinal fell abbreviated of estimates by $90 million, contempt a YoY maturation of astir 3%.

Xcel Energy Inc. (NASDAQ:XEL) reaffirmed its EPS guidance scope of $4.04 to $4.16 per stock for full-year 2026. Moreover, the institution remains assured to present 6% to 8+% semipermanent net maturation and expects to present 9% EPS maturation connected mean done 2030.

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