Entergy (ETR) Price Target Raised Following Q1 Earnings Beat

Entergy Corporation (NYSE:ETR) delivers energy and state services to 3 cardinal inferior customers successful Arkansas, Louisiana, Mississippi, and Texas.

On May 5, Citi bumped up its terms people connected Entergy Corporation (NYSE:ETR) from $116 to $121, portion keeping a ‘Neutral’ standing connected the shares. The revised target, which reflects an upside of 8% from the existent stock price, comes aft the inferior topped nett estimates successful its Q1 2026 study connected April 29.

Entergy Corporation (NYSE:ETR) besides reaffirmed its adjusted net people of $4.25 to $4.45 per stock for FY 2026. Moreover, the institution accrued its semipermanent adjusted EPS guidance, raising its 2027 outlook by $0.20 and its 2029 outlook by $0.50 to $6.40 per share. This is driven by an expected 8.5% compound yearly retail income maturation done 2029, including an yearly concern maturation of 16%. To support up with the soaring demand, Entergy besides raised its 4-year superior program to $57 billion, up from the $43 cardinal it announced successful the past quarter.

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