Xcel Energy (NASDAQ:XEL) Posts Earnings Results, Beats Expectations By $0.13 EPS

Xcel Energy (NASDAQ:XEL) released its earnings results on Wednesday. The company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.13, FiscalAI reports. The firm had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.26 billion. Xcel Energy had a net margin of 15.28% and a return on equity of 10.65%. The company’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.24 earnings per share.

Xcel Energy Stock Up 0.9%

Shares of XEL stock opened at $79.79 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.62 and a debt-to-equity ratio of 1.49. Xcel Energy has a 12 month low of $68.72 and a 12 month high of $84.23. The stock has a market cap of $49.84 billion, a P/E ratio of 21.93, a P/E/G ratio of 2.56 and a beta of 0.36. The company has a 50 day simple moving average of $74.66 and a two-hundred day simple moving average of $78.16.

Analysts Set New Price Targets

XEL has been the topic of a number of research reports. Weiss Ratings downgraded Xcel Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, October 19th. BMO Capital Markets reduced their price target on shares of Xcel Energy from $91.00 to $86.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 20th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $99.00 price objective (down from $101.00) on shares of Xcel Energy in a research note on Tuesday, October 20th. UBS Group raised their price target on Xcel Energy from $91.00 to $96.00 in a research report on Monday, July 6th. Finally, Mizuho set a $92.00 price target on Xcel Energy and gave the company an “outperform” rating in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $90.26.

Xcel Energy News Roundup

Here are the key news stories impacting Xcel Energy this week:

• Positive Sentiment: Third-quarter ongoing and GAAP earnings were $1.52 per share, well above the $1.39 analyst consensus and up from $1.24 in the prior-year quarter. Earnings benefited primarily from increased recovery of electric costs, higher electric sales and favorable weather. Xcel Energy Third Quarter 2026 Earnings Report
• Positive Sentiment: Revenue increased 6.6% year over year to $4.17 billion, and RBC Capital maintained a Buy rating, signaling continued confidence in Xcel’s regulated utility earnings and growth outlook. RBC Capital Remains a Buy on Xcel Energy
• Neutral Sentiment: Management issued earnings guidance for 2027 during the earnings release and conference call, giving investors additional visibility into the company’s expected growth and capital requirements. Xcel Energy Provides Earnings Guidance for 2027
• Negative Sentiment: Xcel lowered and narrowed its 2026 ongoing EPS outlook despite the quarterly beat. The reduced guidance raises concerns about earnings momentum for the remainder of the year and appears to be the main reason the shares decreased. Xcel Energy Earnings Up in Q3; Narrows 2026 EPS Guidance
• Negative Sentiment: Quarterly revenue of $4.17 billion fell short of the $4.26 billion consensus estimate, tempering the otherwise strong earnings performance. Xcel Energy Revenue Earnings Flash

Xcel Energy Company Profile

Xcel Energy Inc is a public utility holding company that provides electricity and natural gas services to residential, commercial, and industrial customers. Its operations include the generation, transmission, distribution, and sale of electricity, as well as the distribution and sale of natural gas.

The company serves customers across Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin through operating companies including Northern States Power, Public Service Company of Colorado, Southwestern Public Service Company, and NSP-Wisconsin.