Entergy (NYSE:ETR – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 4.250-4.450 for the period, compared to the consensus earnings per share estimate of 4.400. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on ETR. KeyCorp reiterated an “overweight” rating and issued a $123.00 target price (up from $118.00) on shares of Entergy in a research report on Tuesday, April 21st. Scotiabank reaffirmed a “sector outperform” rating on shares of Entergy in a report on Wednesday, June 10th. Mizuho set a $122.00 target price on shares of Entergy and gave the company an “outperform” rating in a research note on Wednesday, June 10th. Evercore set a $123.00 target price on Entergy in a report on Wednesday, June 10th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Entergy in a research report on Wednesday, June 10th. Seventeen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $121.05.
Get Our Latest Stock Analysis on Entergy
Entergy Price Performance
Entergy (NYSE:ETR – Get Free Report) last released its earnings results on Wednesday, July 29th. The utilities provider reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.02. The company had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.49 billion. Entergy had a return on equity of 10.75% and a net margin of 13.48%.During the same quarter in the previous year, the company posted $1.05 earnings per share. Entergy has set its FY 2026 guidance at 4.250-4.450 EPS. As a group, equities analysts forecast that Entergy will post 4.4 EPS for the current fiscal year.
Insider Activity
In related news, insider Haley Fisackerly sold 10,638 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $110.00, for a total transaction of $1,170,180.00. Following the completion of the sale, the insider directly owned 14,182 shares in the company, valued at $1,560,020. This represents a 42.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.21% of the company’s stock.
Key Headlines Impacting Entergy
Here are the key news stories impacting Entergy this week:
- Positive Sentiment: Second-quarter earnings exceeded expectations. Entergy reported adjusted and as-reported EPS of $1.03, above the $1.01 consensus estimate cited by MarketBeat and the $0.94 estimate cited by Zacks. Revenue reached $3.52 billion, also ahead of the $3.49 billion consensus. Entergy quarterly earnings report
- Positive Sentiment: Demand growth is strengthening the utility’s expansion story. Weather-adjusted retail sales increased 5.7%, led by a 9.9% rise in industrial volume. Entergy also pointed to continued power demand from data centers and other large customers, supporting expectations for long-term rate-base growth. Entergy Q2 earnings beat estimates
- Positive Sentiment: Management affirmed its 2026 adjusted EPS guidance of $4.25–$4.45. Entergy also reported progress on grid investment, regulatory actions and financing. Entergy Texas received an approximately $200 million Texas Energy Fund grant to improve electric reliability. Entergy reports second-quarter 2026 financial results
- Neutral Sentiment: Grid and data-center investments remain a major catalyst but require substantial capital. The company’s expanded infrastructure plans, including projects supporting Meta’s Louisiana data center, could increase future earnings while adding execution, regulatory and financing exposure. Entergy and rising power demand
- Negative Sentiment: Year-over-year profitability weakened modestly. EPS declined from $1.05 in the prior-year quarter, while higher operating costs and interest expense weighed on results. Parent and Other also posted a $143 million loss, or $0.31 per share. Entergy Q2 earnings top estimates
- Negative Sentiment: Entergy completed a $2.175 billion common-stock offering with a forward component. The financing supports capital spending but may increase share dilution and underscores the company’s significant funding requirements. The guidance midpoint of $4.35 is also slightly below the $4.40 analyst consensus.
Hedge Funds Weigh In On Entergy
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Morgan Stanley grew its stake in shares of Entergy by 22.9% in the 4th quarter. Morgan Stanley now owns 10,651,436 shares of the utilities provider’s stock valued at $984,512,000 after buying an additional 1,986,369 shares during the period. Raymond James Financial Inc. grew its stake in shares of Entergy by 89.6% in the 4th quarter. Raymond James Financial Inc. now owns 3,866,426 shares of the utilities provider’s stock worth $357,415,000 after acquiring an additional 1,826,782 shares in the last quarter. Zimmer Partners LP bought a new stake in Entergy in the 4th quarter worth about $153,616,000. Electron Capital Partners LLC lifted its position in shares of Entergy by 214.6% during the 3rd quarter. Electron Capital Partners LLC now owns 1,539,709 shares of the utilities provider’s stock worth $143,485,000 after buying an additional 1,050,233 shares in the last quarter. Finally, State Street Corp increased its position in shares of Entergy by 4.4% during the 4th quarter. State Street Corp now owns 24,356,461 shares of the utilities provider’s stock valued at $2,251,268,000 after purchasing an additional 1,018,503 shares during the last quarter. Institutional investors and hedge funds own 88.07% of the company’s stock.
Entergy Company Profile
Entergy Corporation (NYSE:ETR) is an integrated energy company headquartered in New Orleans, Louisiana, that generates, transmits and distributes electricity. The company’s operations combine regulated utility services with competitive power production, supplying retail electricity to residential, commercial and industrial customers while also participating in wholesale energy markets. Entergy’s generation fleet includes nuclear, natural gas, hydropower and other resources, and it operates a network of transmission and distribution assets to deliver power to end users.
Entergy conducts its regulated utility business through state-based operating subsidiaries that serve customers across parts of Arkansas, Louisiana, Mississippi and southeast Texas.
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