Xcel Energy Q4 revenue misses estimates, EPS meets expectations

Overview

• U.S. utility firm's Q4 revenue missed analyst expectations

• Adjusted EPS for Q4 met analyst expectations

• Company reaffirmed 2026 EPS guidance of $4.04 to $4.16 per share

Outlook

• Xcel Energy reaffirms 2026 EPS guidance of $4.04 to $4.16 per share

• Company announces strategic alliances to ensure resources for critical investments

• Company anticipates benefits from a new large data center customer

Result Drivers

• INFRASTRUCTURE INVESTMENTS - Increased recovery of infrastructure investments contributed to ongoing earnings growth, despite higher expenses

• PROJECT COMPLETIONS - Completion of Sherco Solar facility and conversion of Harrington coal plant to natural gas supported service capabilities

• STRATEGIC ALLIANCES - New alliances and a large data center customer announced to support future growth and innovation

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the electric utilities peer group is "buy"

• Wall Street's median 12-month price target for Xcel Energy Inc is $89.00, about 16.8% above its February 4 closing price of $76.20

• The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nBw3dczPSa

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