43/100BXcel Energy stock forecast 2026–2030What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Xcel Energy is 88.00, 7.6% above the current price of 81.75. Their targets range from 77.00 to 99.00.
Of the 9 firms that rated Xcel Energy in the past 12 months, 8 rate it buy or strong buy, 1 hold and 0 sell or strong sell (each firm at its latest rating): a Strong buy consensus.
Analysts' 1-year price targets range from 77.00 to 99.00, with an average of 88.00.
| Buy | 8 | |
| Hold | 1 | |
| Sell | 0 |
12-month price target
| Highest target | 99.00 |
| Average target | 88.00 |
| Lowest target | 77.00 |
| Current price | 81.75 |
Xcel Energy price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Xcel Energy price target and rating?
How analysts rate Xcel Energy, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
8 of 9 firms rate it buy now, against 10 of 12 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Xcel Energy analyst upgrades, downgrades and price targets
The latest rating change came on 13 February 2026, when UBS upgraded Xcel Energy from Neutral to Buy. Its price target is 89.00, from 81.00. The most recent new target came from BTIG on 30 October 2026: 92.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 30 Oct 2026 | BTIG Alex Kania | — | 91.00 → 92.00 | +1.1% | 79.04 |
| 22 Oct 2026 | HSBC | — | 89.00 | — | 76.78 |
| 21 Oct 2026 | Morgan Stanley | Reiterated · Equal Weight | 83.00 → 85.00 | +2.4% | 76.80 |
| 20 Oct 2026 | BMO Capital | Reiterated · Outperform | 92.00 → 86.00 | -6.5% | 76.54 |
| 20 Oct 2026 | RBC Capital | — | 95.00 → 86.00 | -9.5% | 76.45 |
| 20 Oct 2026 | BTIG Alex Kania | — | 99.00 → 91.00 | -8.1% | 75.14 |
| 20 Oct 2026 | Jefferies Paul Zimbardo | — | 101.00 → 99.00 | -2.0% | 75.14 |
| 15 Oct 2026 | Barclays Nicholas Campanella | Reiterated · Overweight | 90.00 → 85.00 | -5.6% | 75.36 |
| 14 Oct 2026 | Truist Financial | Reiterated · Buy | 88.00 → 87.00 | -1.1% | 74.64 |
| 13 Oct 2026 | KeyBanc Sophie Karp | Reiterated · Overweight | 90.00 → 87.00 | -3.3% | 74.17 |
| 29 Sept 2026 | Scotiabank Ian Rapp | — | 77.00 | — | 69.39 |
| 18 Sept 2026 | Morgan Stanley | Reiterated · Equal Weight | 89.00 → 83.00 | -6.7% | 72.53 |
| 13 Aug 2026 | Truist Financial | Reiterated · Buy | 92.00 → 88.00 | -4.3% | 79.14 |
| 31 Jul 2026 | BTIG | — | 98.00 → 99.00 | +1.0% | 78.69 |
| 31 Jul 2026 | Mizuho Securities | — | 86.00 → 92.00 | +7.0% | 78.23 |
| 22 Jul 2026 | BMO Capital | Reiterated · Outperform | 90.00 → 92.00 | +2.2% | 79.83 |
| 9 Jul 2026 | Barclays Nicholas Campanella | Reiterated · Overweight | 87.00 → 90.00 | +3.4% | 79.17 |
| 7 Jul 2026 | Jefferies | — | 92.00 → 101.00 | +9.8% | 80.37 |
| 26 Jun 2026 | BTIG | — | 94.00 → 98.00 | +4.3% | 81.75 |
| 24 Jun 2026 | Morgan Stanley | — | 87.00 → 89.00 | +2.3% | 80.86 |
| 23 Jun 2026 | New Street | — | 91.00 | — | 78.81 |
| 21 May 2026 | Morgan Stanley | — | 92.00 → 87.00 | -5.4% | 79.93 |
| 18 May 2026 | Truist Financial | Reiterated · Buy | 95.00 → 92.00 | -3.2% | 77.92 |
| 12 May 2026 | Barclays | Reiterated · Overweight | 91.00 → 87.00 | -4.4% | 80.60 |
| 4 May 2026 | Evercore ISI | Reiterated · Outperform | 92.00 → 96.00 | +4.3% | 82.26 |
| 21 Apr 2026 | Morgan Stanley | — | 91.00 → 92.00 | +1.1% | 79.38 |
| 21 Apr 2026 | KeyBanc | Reiterated · Overweight | 84.00 → 90.00 | +7.1% | 80.32 |
| 20 Apr 2026 | Truist Financial Richard Sunderland | — | 95.00 | — | 80.32 |
| 20 Apr 2026 | UBS William Appicelli | Reiterated · Buy | 89.00 → 91.00 | +2.2% | 81.73 |
| 20 Apr 2026 | Barclays Nicholas Campanella | — | 82.00 → 91.00 | +11.0% | 81.08 |
| 12 Mar 2026 | Argus Research Gary Hovis | — | 86.00 | — | 81.00 |
| 20 Feb 2026 | Morgan Stanley | — | 84.00 → 91.00 | +8.3% | 81.25 |
| 13 Feb 2026 | UBS William Appicelli | Upgraded · Neutral → Buy | 81.00 → 89.00 | +9.9% | 78.98 |
| 6 Feb 2026 | BMO Capital | — | 87.00 → 90.00 | +3.4% | 75.57 |
| 30 Jan 2026 | BTIG | — | 96.00 → 94.00 | -2.1% | 75.97 |
| 23 Jan 2026 | RBC Capital Stephen D'Ambrisi | — | 95.00 | — | 74.44 |
| 15 Jan 2026 | Barclays | Reiterated · Overweight | 81.00 → 82.00 | +1.2% | 76.20 |
| 9 Jan 2026 | Mizuho Securities Anthony Crowdell | — | 87.00 → 86.00 | -1.1% | 73.73 |
| 17 Dec 2025 | UBS William Appicelli | Reiterated · Neutral | 85.00 → 81.00 | -4.7% | 73.73 |
| 12 Dec 2025 | KeyBanc | Reiterated · Overweight | 85.00 → 84.00 | -1.2% | 74.77 |
| 20 Nov 2025 | Morgan Stanley David Arcaro | — | 86.00 → 84.00 | -2.3% | 79.66 |
Xcel Energy EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Xcel Energy's EPS to grow 14.0% a year until 2028, faster than over the last 5 years (4.2% a year) and the last 3 years (2.6%).
Analysts expect Xcel Energy's revenue to grow 8.5% a year until 2028. Over the last 5 years it grew 4.9% a year, and over the last 3 years it fell 1.4%.
Revenue
EPS
Does Xcel Energy beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 7.3% off the result, either way, and their revenue estimate 6.8%, over the last 12 quarters.
- EPS beats
- 69 / 124
- Revenue beats
- 61 / 110
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +2.5%
- Since
- January 1993
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 28 Oct 2026 | 1.39 | 1.52 | +9.4% | 4.26B | 4.17B | -2.1% |
| Q2 FY2026 | 30 Jul 2026 | 0.79 | 0.93 | +17.7% | 3.54B | 3.12B | -12.0% |
| Q1 FY2026 | 30 Apr 2026 | 0.91 | 0.91 | +0.3% | 4.21B | 4.02B | -4.5% |
| Q4 FY2025 | 5 Feb 2026 | 0.96 | 0.96 | -0.2% | 3.63B | 3.56B | -1.8% |
| Q3 FY2025 | 30 Oct 2025 | 1.32 | 1.24 | -6.1% | 3.89B | 3.92B | +0.6% |
| Q2 FY2025 | 31 Jul 2025 | 0.65 | 0.75 | +16.3% | 3.21B | 3.29B | +2.4% |
| Q1 FY2025 | 24 Apr 2025 | 0.92 | 0.84 | -8.8% | 3.93B | 3.91B | -0.7% |
| Q4 FY2024 | 6 Feb 2025 | 0.88 | 0.81 | -7.4% | 3.77B | 3.12B | -17.3% |
| Q3 FY2024 | 31 Oct 2024 | 1.26 | 1.25 | -0.8% | 3.93B | 3.64B | -7.2% |
| Q2 FY2024 | 1 Aug 2024 | 0.57 | 0.54 | -5.3% | 3.29B | 3.03B | -7.9% |
| Q1 FY2024 | 25 Apr 2024 | 0.78 | 0.88 | +12.8% | 4.12B | 3.65B | -11.5% |
| Q4 FY2023 | 25 Jan 2024 | 0.85 | 0.87 | +2.4% | 4.01B | 3.44B | -14.1% |
Xcel Energy stock price 2026–2030: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Xcel Energy's earnings keep growing at the 10.1% a year analysts expect to FY2028, it would earn about 6.14 a share in FY2030. At the P/E it has traded at over the last five years (19.0 to 22.9) that is 116.69 to 140.38 a share, or 127.24 at its average P/E of 20.7. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 4.14 | 78.76 | 85.88 | 94.75 |
| FY2027 | 4.56 | 86.67 | 94.50 | 104.26 |
| FY2028 | 5.06 | 96.22 | 104.93 | 115.76 |
| FY2029 (extrapolated) | 5.57 | 105.97 | 115.55 | 127.48 |
| FY2030 (extrapolated) | 6.14 | 116.69 | 127.24 | 140.38 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 10.1% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (19.0, 20.7, 22.9).
Is Xcel Energy stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Xcel Energy's P/E of 19.0 is below the middle of its 5-year range (15.1 to 25.7, median 21.1). Analysts do not expect slower growth than in recent years, so it is cheaper than its usual level. Buyers pay less for each point of growth than usual: a PEG of 1.4 on expected growth against 5.1 on its median P/E and past five years' growth. At its usual P/E (21.1 × EPS of 4.30), Xcel Energy's fair value is 90.91; the price, 81.75, is 10.1% below it. Its forward P/E, on the consensus for FY2026, is 19.7.
Fair value is the usual (median) P/E of the last five years times the earnings per share of the last twelve months; the ends of the bar are the same earnings at its lowest and highest P/E of those years (15.1 and 25.7). The price against its P/E range
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 19.01
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 21.14
- Five-year P/E range
- 15.1 – 25.7
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 19.73
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 1.88
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +7.6%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 35.850 | 71.4258Price 35.85193 | +99.2% | |
| 29.050 | 56.2634Price 29.0596 | +93.7% | |
| 241.000 | 464.49205Price 241.00627 | +92.7% | |
| 123.590 | 237.24178Price 123.59297 | +92.0% | |
| 161.400 | 305.52159Price 161.40396 | +89.3% | |
| 157.460 | 297.58169Price 157.46471 | +89.0% | |
| 217.560 | 405.38304Price 217.56507 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.