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Wall Street expects a year-over-year increase in earnings on higher revenues when Xcel Energy (XEL - Free Report) reports results for the quarter ended September 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 29. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis utility is expected to post quarterly earnings of $1.35 per share in its upcoming report, which represents a year-over-year change of +8.9%.

Revenues are expected to be $4.13 billion, up 5.6% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.86% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Xcel?For Xcel, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +2.96%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination indicates that Xcel will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Xcel would post earnings of $0.79 per share when it actually produced earnings of $0.93, delivering a surprise of +17.72%.

Over the last four quarters, the company has beaten consensus EPS estimates just once.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Xcel appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

MINNEAPOLIS--(BUSINESS WIRE)--Volunteers from Xcel Energy and the communities it serves took action to support nonprofit organizations across the state during the company's 16th annual Day of Service in September.More than 2,200 volunteers dedicated more than 7,400 hours to support 109 projects that ranged from packing meals and gardening to cleaning up our parks and riversides and maintaining camps and community spaces for our children. Volunteer efforts this year generated more than $260,000 i.

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MINNEAPOLIS--(BUSINESS WIRE)--On Thursday, October 29, 2026, Xcel Energy (NASDAQ: XEL) will host a conference call to review third quarter 2026 financial results. The earnings report will be released prior to the market open on the same date.

The call will begin at 9:00 a.m. Central Time. To participate in the conference call, please dial in at least 10 minutes prior to the scheduled start and follow the operator’s instructions.

North America Toll-Free Dial-In: 1-833-461-5787
International Toll Dial-In: +44-117-389-0104
Meeting ID: 991 162 104

The conference call will be simultaneously webcast and archived on our website at the following location:

www.xcelenergy.com
Under Company, select: Investors

A replay of the webcast will be available on the website following the live event.

About Xcel Energy

Xcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry leader in responsibly reducing carbon emissions and producing and delivering clean energy solutions from a variety of renewable sources at competitive prices. For more information, visit xcelenergy.com or follow us on X and Facebook.

More News From Xcel Energy

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Aging power poles sparked a wildfire that burned more than a million acres, but the hidden Medicare consequence hit one oxygen-dependent survivor in a way nobody warned him about before he filed his replacement claim.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Aging utility infrastructure is drawing new scrutiny as wildfires put more strain on the electric grid. In the Texas Panhandle, the Texas A&M Forest Service concluded that the Smokehouse Creek Fire was caused by a power line after a wooden utility pole failed.

Last year, Texas Attorney General Ken Paxton sued utility Xcel Energy (NASDAQ:XEL | XEL Price Prediction). The complaint alleges that two decayed utility poles sparked a fire that burned more than 1 million acres, killed three people and caused more than $1 billion in damages. It also claims Xcel marked one pole as defective weeks before it fell. Xcel denies negligence but says it “accepted responsibility from the beginning.”

Imagine a Medicare beneficiary on home oxygen loses everything when his house burns in a fire. His concentrator and portable equipment are destroyed. The equipment was three years into Medicare’s five-year cycle. He assumes that clock prevents Medicare from starting over early. It doesn’t: fire is one of the specific incidents that can trigger replacement and a new rental period.

How Medicare’s 5-Year Oxygen Clock Runs Under Original Medicare, oxygen equipment is generally rented from a supplier, with Medicare making rental payments for 36 months. After that, the supplier who provided the oxygen equipment during the 36th rental month must provide all necessary items and services for the rest of the five-year reasonable useful lifetime. A beneficiary who still needs oxygen at the end of year five can start a new cycle.

Normal wear, malfunction, or wanting newer equipment does not restart that timer early.

Fire Breaks the Clock The Centers for Medicare and Medicaid Services (CMS) makes an exception for loss or damage beyond repair caused by an identifiable incident: fire, flood, theft, loss, or equipment that is dropped and destroyed. Medicare contractors say irreparable damage refers to a specific incident of damage to equipment. For oxygen, a qualifying incident can start a new 36-month rental period and a new reasonable, useful lifetime before the original five years run out. That makes the wildfire a Medicare event as well as a property loss.

Wear and Wildfire Get Two Different Answers Cause (equipment age: 3 years) Who handles it New 36-month cycle? Concentrator wears out Original supplier, under its five-year obligation No House fire destroys it Replacement described as irreparable damage Yes The cause of the loss determines which answer he gets.

What a Reset Actually Costs Him A new cycle comes with a bill. After the Part B deductible, which is $283 in 2026, Medicare generally pays 80% of the Medicare-approved amount for covered oxygen equipment and the beneficiary owes 20% coinsurance. If the fire hits around the end of the original 36-month rental period, the replacement starts a new 36-month rental period and new monthly coinsurance.

Medigap Plan G covers that 20% coinsurance but not the deductible. With Original Medicare alone, he pays it every month. The tradeoff is that replacing the destroyed equipment can restart the rental period and its coinsurance before the original five-year clock would have ended.

Surcharges and coinsurance like this are the quiet part of retirement healthcare costs (we mapped the ones that catch retirees off guard in a free Medicare guide here: Medicare’s Hidden Bills).

Proof Wins the Claim Medicare contractors can ask for documentation showing the equipment was lost or damaged beyond repair. Useful records include fire department reports, the insurance claim, photos and anything else that ties the equipment to the fire. Theft calls for a police report. The supplier also has to meet Medicare’s documentation rules, and a treating practitioner’s order may be required to reaffirm medical necessity for the replacement.

When a federal, state or disaster/emergency declaration covers the area, Medicare can temporarily relax some of its usual steps for replacing lost or damaged equipment. CGS, a Medicare equipment contractor, says Medicare will pay for replacement when the equipment is lost, destroyed, irreparably damaged, or otherwise rendered unusable. A single house fire doesn’t need a formal declaration, though. The oxygen replacement rule already counts a specific incident such as a fire or flood.

Three Calls to Make Sooner Than Later Call the oxygen supplier and tell them a fire destroyed the equipment. Ask them to bill the replacement as irreparable damage from a specific incident, which opens a new 36-month rental period. Send the supplier the fire report, the insurance claim number and your photos. Then call the prescribing doctor to confirm that your oxygen order and medical-necessity records are current. If your county is under an official disaster declaration, ask the supplier or 1-800-Medicare whether emergency replacement procedures apply. Equipment that just gets old can’t earn a new five-year cycle. When a wildfire destroys it before the timer runs out, the fire itself can reset that timer.

Contact [email protected] for any questions or corrections.

Key Takeaways Xcel Energy sees rising electricity demand supporting infrastructure investments and rate-base expansion.XEL expects 2026 weather-adjusted electric sales to rise about 3%, with strong large-load demand.Xcel Energy plans $70 billion in capital investment through 2030 as its large-load pipeline tops 20 GW. Xcel Energy (XEL - Free Report) is benefiting from rising electricity demand from data centers, manufacturing, energy development and electrification. This demand supports additional infrastructure investments, transmission upgrades and rate-base expansion.

In the second quarter of 2026, weather-adjusted year-to-date electric sales increased 2.1%, driven by higher activity in the energy sector in Southwestern Public Service and manufacturing across its operating companies. XEL expects full-year 2026 weather-adjusted electric sales to increase about 3% and retail firm natural gas sales to rise  1%.

The company sees strong large-load demand, with 1 gigawatt (GW) of data centers operating or under construction and 1 GW under signed agreements. It expects 4 GW more by the end of 2027, including 1 GW in 2026, while its pipeline exceeds 20 GW.

The company is pursuing a strategic capital investment plan to develop infrastructure and maintain service reliability, supporting rising customer demand. Xcel Energy expects to invest $70 billion in total capital through 2030, comprising $60 billion in base capital expenditures and more than $10 billion in incremental investments.

XEL targets more than 6-8% long-term earnings growth and 9% average annual EPS growth through 2030. Thus, sustained load expansion and strategic infrastructure development could strengthen XEL’s financial performance and enhance shareholder value over time.

Increasing Customer Demand Boosts Utility GrowthRising electricity demand from data centers, manufacturing and electrification is creating new growth opportunities for utilities. Higher customer loads encourage investments in generation and grid infrastructure, expanding regulated asset bases.

Alliant Energy’s (LNT - Free Report) growth is supported by rising customer demand, as temperature-normalized retail electric and gas sales increased in the second quarter of 2026. Expected 60% load growth by 2031 supports additional generation and infrastructure investments.

NextEra Energy’s (NEE - Free Report) subsidiary Florida Power & Light benefited from continued customer growth in second-quarter 2026, as customer growth and mix contributed 1.4%, while retail electricity sales increased 0.4% year over year overall.

The Zacks Rundown on XELXEL’s Earnings EstimatesThe Zacks Consensus Estimate for 2026 and 2027 EPS indicates a year-over-year increase of 8.42% and 9.32%, respectively.

Image Source: Zacks Investment Research

Debt to CapitalXEL's debt-to-capital currently stands at 62.12%, lower than the  Zacks Utility - Electric Power industry’s 62.33%.

Image Source: Zacks Investment Research

XEL’s Stock Price PerformanceIn the past six months, the company’s shares have plunged 12% compared with the industry’s 14.8% decline.

Image Source: Zacks Investment Research

XEL’s Zacks Rank

Xcel Energy Inc. offers compelling growth, driven by a $60B capex plan and robust data center demand, supporting an 11% annual rate base growth outlook. XEL trades at a forward P/E of 17.46, below its 10-year average, with a fair value estimate of $88 per share and potential for a 31% total return by 2027. The 3.3% dividend yield is secure, with 4–6% annual growth expected and a payout ratio trending toward 45–55%, extending a 23-year dividend growth streak.

Corient Private Wealth LP boosted its holdings in Xcel Energy Inc. (NASDAQ:XEL – Free Report) by 38.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 145,686 shares of the company’s stock after acquiring an additional 40,239 shares during the quarter. Corient Private Wealth LP’s holdings in Xcel Energy were worth $11,699,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank of New York Mellon Corp purchased a new position in shares of Xcel Energy in the second quarter valued at $280,187,000. Jupiter Topco LLC purchased a new stake in shares of Xcel Energy in the 2nd quarter worth about $94,211,000. Cbre Investment Management Listed Real Assets LLC boosted its position in shares of Xcel Energy by 18.1% in the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,324,667 shares of the company’s stock worth $171,700,000 after buying an additional 356,208 shares in the last quarter. Electron Capital Partners LLC grew its stake in Xcel Energy by 15.2% in the 4th quarter. Electron Capital Partners LLC now owns 1,936,695 shares of the company’s stock valued at $143,044,000 after acquiring an additional 255,884 shares during the last quarter. Finally, Reaves W H & Co. Inc. grew its stake in Xcel Energy by 13.1% in the 4th quarter. Reaves W H & Co. Inc. now owns 3,579,918 shares of the company’s stock valued at $264,413,000 after acquiring an additional 415,759 shares during the last quarter. Institutional investors and hedge funds own 78.38% of the company’s stock.

Wall Street Analyst Weigh In XEL has been the subject of a number of research reports. Barclays lifted their target price on shares of Xcel Energy from $87.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, July 9th. New Street Research set a $91.00 price target on shares of Xcel Energy in a research report on Tuesday, June 23rd. BTIG Research reissued a “buy” rating and set a $99.00 price objective on shares of Xcel Energy in a research note on Friday, July 31st. JPMorgan Chase & Co. lifted their price objective on Xcel Energy from $91.00 to $102.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Finally, Jefferies Financial Group set a $101.00 target price on Xcel Energy in a research note on Tuesday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $92.41.

Get Our Latest Report on Xcel Energy Xcel Energy Price Performance NASDAQ:XEL opened at $72.71 on Thursday. The firm has a market cap of $45.42 billion, a price-to-earnings ratio of 19.92, a price-to-earnings-growth ratio of 2.45 and a beta of 0.39. The company has a current ratio of 0.70, a quick ratio of 0.62 and a debt-to-equity ratio of 1.49. The company’s 50-day moving average is $77.80 and its two-hundred day moving average is $79.23. Xcel Energy Inc. has a 12-month low of $71.35 and a 12-month high of $84.23.

Xcel Energy (NASDAQ:XEL – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.14. Xcel Energy had a net margin of 15.28% and a return on equity of 10.65%. The business had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $3.54 billion. During the same period in the previous year, the firm posted $1.59 earnings per share. The company’s quarterly revenue was down 5.1% compared to the same quarter last year. Research analysts expect that Xcel Energy Inc. will post 4.12 EPS for the current year.

Xcel Energy Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.5925 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.37 annualized dividend and a dividend yield of 3.3%. Xcel Energy’s dividend payout ratio (DPR) is 64.93%.

About Xcel Energy (Free Report)

Xcel Energy Inc is a Minneapolis-based electric and natural gas utility holding company that serves customers across parts of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. Through its operating companies, Xcel provides electricity generation, transmission and distribution, as well as natural gas distribution and related energy services.

The company operates a diversified generating fleet that includes wind, solar, hydroelectric, nuclear, natural gas and other resources.

Further Reading Five stocks we like better than Xcel Energy 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector Jackson’s Record Quarter Powers the Bull Case Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big AI Panic Hit Tech Stocks—But NVIDIA’s Growth Engine Is Intact

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On September 10, 2026, we conducted a DCF analysis for Xcel Energy Inc XEL amidst its recent price performance, which has shown a 4.7% increase year-to-date and a 9.1% rise over the past year. However, our analysis indicates a consensus across various valuation models that the stock is significantly overvalued.

DCF Earnings-based intrinsic value: $50.73 vs current price $76.19 (margin of safety: -50.2%) DCF FCF-based intrinsic value: not available GF Score™: 78/100, indicating a reliable assessment of the DCF inputs What Is XEL Worth? DCF Earnings-Based Model To determine the intrinsic value of Xcel Energy Inc, we utilized a two-stage DCF model. The first stage accounts for the growth phase over the next ten years, where we project an annual growth rate of 6.3% in EPS. The second stage considers a terminal growth rate of 4% for the subsequent ten years. The discount rate applied is 11%, derived from the risk-free rate and equity risk premium.

Parameter Value Current EPS (TTM, excl. non-recurring) $4.04 10-Year Growth Rate 6.3% 10-Year Treasury Rate 4.86% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% Here’s a summary of the DCF calculation:

Stage Description Value Growth Stage (Years 1-10) EPS growing at 6.3%, discounted at 11% $32.09 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $18.64 Intrinsic Value Growth + Terminal $50.73 With the current price at $76.19, the intrinsic value of $50.73 indicates that XEL is significantly overvalued, presenting a margin of safety of -50.2%. It is important to note that GuruFocus utilizes EPS figures excluding non-recurring items, as research shows a stronger correlation between stock prices and earnings rather than free cash flow. For further details, you can access the XEL DCF Calculator.

What Does the Free Cash Flow DCF Say? Currently, the FCF-based intrinsic value for Xcel Energy Inc is not available. This lack of data means we must rely on the earnings-based DCF model and the GF Value™ for our valuation perspective. Given that the FCF DCF is unavailable, the earnings DCF and GF Value™ will serve as our primary indicators.

How Does GF Value™ Compare to the DCF Models? The GF Value™ for Xcel Energy Inc stands at $68.77, suggesting that the stock is approximately 10.8% overvalued. GF Value™ is a proprietary measure from GuruFocus, calculated based on historical trading multiples, past business growth, and future performance estimates. All three models—the DCF earnings, the unavailable FCF DCF, and the GF Value™—align in indicating that XEL is overvalued. For more insights, visit the GF Value™ page.

What Does XEL's GF Score™ Tell Us? The GF Score™ evaluates a stock's overall quality based on various factors, including financial strength, profitability, growth, valuation, and momentum. Xcel Energy Inc has a GF Score™ of 78/100, which reflects a solid standing in these areas. However, it is important to note that the predictability rank is 0 out of 5 stars, indicating that the DCF model's reliability for this stock is low.

Metric Rating GF Score™ 78/100 Financial Strength 4/10 Profitability 7/10 Growth 7/10 Valuation 7/10 Momentum 5/10

Key Assumptions and Limitations It is crucial to recognize that DCF models are highly sensitive to the assumptions made regarding growth rates and discount rates. Additionally, stocks with low predictability ratings, such as XEL's 0/5 stars, tend to produce less reliable DCF estimates. The terminal growth rate of 4% used in our model is a simplifying assumption that may not reflect future market conditions accurately.

What This Means for Investors In summary, our analysis across the DCF earnings model, the unavailable FCF model, and the GF Value™ consistently indicates that Xcel Energy Inc is overvalued. The consensus from these models suggests caution for potential investors. Furthermore, the guru ownership signal shows that 12 gurus currently hold the stock, with 8 adding and 4 trimming their positions in recent quarters, while insiders have sold a total of $1.4 million over the past year. This mixed signal from guru activity, combined with the overvaluation indicated by our models, suggests a careful approach to investing in XEL. For more detailed insights, check out the XEL DCF Calculator.

Frequently Asked Questions What is XEL's intrinsic value based on DCF?

Earnings-based intrinsic value is $50.73, while FCF-based is not available.

Is XEL overvalued or undervalued?

Both the DCF earnings model and GF Value™ indicate that XEL is overvalued.

How reliable is the DCF model for XEL?

The predictability rank of 0/5 suggests that the DCF model is not very reliable for this stock.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

Amundi reduced its position in shares of Xcel Energy Inc. (NASDAQ:XEL – Free Report) by 57.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 938,492 shares of the company’s stock after selling 1,273,884 shares during the period. Amundi owned approximately 0.15% of Xcel Energy worth $75,361,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Quadrant Capital Group LLC grew its holdings in shares of Xcel Energy by 1.7% in the third quarter. Quadrant Capital Group LLC now owns 7,358 shares of the company’s stock worth $593,000 after purchasing an additional 125 shares during the last quarter. Bleakley Financial Group LLC boosted its stake in Xcel Energy by 0.5% during the fourth quarter. Bleakley Financial Group LLC now owns 28,949 shares of the company’s stock worth $2,138,000 after acquiring an additional 131 shares in the last quarter. Hills Bank & Trust Co grew its stake in shares of Xcel Energy by 2.2% in the fourth quarter. Hills Bank & Trust Co now owns 6,184 shares of the company’s stock worth $457,000 after acquiring an additional 133 shares during the last quarter. Keel Point LLC increased its position in shares of Xcel Energy by 2.6% during the fourth quarter. Keel Point LLC now owns 5,485 shares of the company’s stock valued at $405,000 after acquiring an additional 137 shares in the last quarter. Finally, KCM Investment Advisors LLC raised its position in Xcel Energy by 1.9% in the 1st quarter. KCM Investment Advisors LLC now owns 7,549 shares of the company’s stock worth $600,000 after buying an additional 140 shares during the last quarter. Hedge funds and other institutional investors own 78.38% of the company’s stock.

Xcel Energy Price Performance Shares of XEL opened at $76.19 on Thursday. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.70 and a quick ratio of 0.62. The stock has a market cap of $47.59 billion, a PE ratio of 20.87, a P/E/G ratio of 2.60 and a beta of 0.39. Xcel Energy Inc. has a 1-year low of $71.35 and a 1-year high of $84.23. The firm has a 50-day simple moving average of $78.48 and a two-hundred day simple moving average of $79.55.

Xcel Energy (NASDAQ:XEL – Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.14. Xcel Energy had a net margin of 15.28% and a return on equity of 10.65%. The firm had revenue of $3.12 billion for the quarter, compared to analysts’ expectations of $3.54 billion. During the same quarter last year, the company earned $1.59 earnings per share. The firm’s revenue was down 5.1% compared to the same quarter last year. As a group, analysts forecast that Xcel Energy Inc. will post 4.11 EPS for the current year. Xcel Energy Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Investors of record on Tuesday, September 15th will be given a $0.5925 dividend. This represents a $2.37 annualized dividend and a yield of 3.1%. The ex-dividend date is Tuesday, September 15th. Xcel Energy’s payout ratio is 64.93%.

Wall Street Analysts Forecast Growth XEL has been the subject of several recent research reports. New Street Research set a $91.00 price target on Xcel Energy in a report on Tuesday, June 23rd. Morgan Stanley cut their price target on Xcel Energy from $92.00 to $89.00 and set an “equal weight” rating for the company in a report on Friday, August 21st. BTIG Research reaffirmed a “buy” rating and issued a $99.00 price target on shares of Xcel Energy in a report on Friday, July 31st. Barclays raised their price target on Xcel Energy from $87.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Xcel Energy in a report on Wednesday, June 17th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $92.41.

View Our Latest Stock Report on XEL

Xcel Energy Company Profile (Free Report)

Xcel Energy Inc is a Minneapolis-based electric and natural gas utility holding company that serves customers across parts of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. Through its operating companies, Xcel provides electricity generation, transmission and distribution, as well as natural gas distribution and related energy services.

The company operates a diversified generating fleet that includes wind, solar, hydroelectric, nuclear, natural gas and other resources.

Further Reading Five stocks we like better than Xcel Energy Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer Sovereign AI: Palantir and Nebius Cut the Cloud Cord Want to see what other hedge funds are holding XEL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xcel Energy Inc. (NASDAQ:XEL – Free Report).

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Allianz Asset Management GmbH grew its holdings in Xcel Energy Inc. (NASDAQ:XEL – Free Report) by 10,366.0% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 316,702 shares of the company’s stock after acquiring an additional 313,676 shares during the quarter. Allianz Asset Management GmbH owned about 0.05% of Xcel Energy worth $25,431,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in XEL. Quadrant Capital Group LLC boosted its stake in Xcel Energy by 1.7% during the 3rd quarter. Quadrant Capital Group LLC now owns 7,358 shares of the company’s stock valued at $593,000 after purchasing an additional 125 shares during the period. Bleakley Financial Group LLC raised its stake in Xcel Energy by 0.5% during the 4th quarter. Bleakley Financial Group LLC now owns 28,949 shares of the company’s stock valued at $2,138,000 after acquiring an additional 131 shares in the last quarter. Hills Bank & Trust Co boosted its position in Xcel Energy by 2.2% during the 4th quarter. Hills Bank & Trust Co now owns 6,184 shares of the company’s stock worth $457,000 after acquiring an additional 133 shares during the period. Keel Point LLC boosted its position in Xcel Energy by 2.6% during the 4th quarter. Keel Point LLC now owns 5,485 shares of the company’s stock worth $405,000 after acquiring an additional 137 shares during the period. Finally, KCM Investment Advisors LLC grew its stake in shares of Xcel Energy by 1.9% in the first quarter. KCM Investment Advisors LLC now owns 7,549 shares of the company’s stock worth $600,000 after purchasing an additional 140 shares in the last quarter. Hedge funds and other institutional investors own 78.38% of the company’s stock.

Xcel Energy Price Performance XEL stock opened at $75.72 on Tuesday. Xcel Energy Inc. has a 12 month low of $71.29 and a 12 month high of $84.23. The firm has a market cap of $47.30 billion, a PE ratio of 20.75, a P/E/G ratio of 2.56 and a beta of 0.39. The firm has a 50 day simple moving average of $78.62 and a 200 day simple moving average of $79.61. The company has a debt-to-equity ratio of 1.49, a current ratio of 0.70 and a quick ratio of 0.62.

Xcel Energy (NASDAQ:XEL – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.14. The business had revenue of $3.12 billion during the quarter, compared to analyst estimates of $3.54 billion. Xcel Energy had a return on equity of 10.65% and a net margin of 15.28%.The company’s revenue was down 5.1% compared to the same quarter last year. During the same period last year, the company posted $1.59 EPS. Equities research analysts forecast that Xcel Energy Inc. will post 4.11 earnings per share for the current fiscal year. Xcel Energy Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Investors of record on Tuesday, September 15th will be given a $0.5925 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.37 dividend on an annualized basis and a dividend yield of 3.1%. Xcel Energy’s dividend payout ratio (DPR) is 64.93%.

Analyst Upgrades and Downgrades A number of research analysts have recently commented on XEL shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Xcel Energy in a report on Wednesday, June 17th. JPMorgan Chase & Co. upped their price objective on shares of Xcel Energy from $91.00 to $102.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. BTIG Research reiterated a “buy” rating and issued a $99.00 target price on shares of Xcel Energy in a research report on Friday, July 31st. Barclays raised their target price on shares of Xcel Energy from $87.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Finally, KeyCorp restated an “overweight” rating on shares of Xcel Energy in a research report on Monday, June 8th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $92.41.

Read Our Latest Report on Xcel Energy

Xcel Energy Profile (Free Report)

Xcel Energy (NASDAQ: XEL) is a Minneapolis-based, publicly traded utility holding company that develops, owns and operates regulated electricity and natural gas delivery systems. The company’s core activities include generation, transmission and distribution of electricity, the delivery of natural gas to customers, and related customer service operations. Xcel provides a mix of utility services to residential, commercial and industrial customers and participates in wholesale energy markets where appropriate.

Its generation portfolio combines nuclear, natural gas, coal and a growing share of renewable resources such as wind and solar.

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Xcel Energy hands retirees a quarterly check that has grown every single year, but wildfire lawsuits, a $60 billion spending plan, and a 10-Year Treasury above 4% raise fair questions about whether that streak holds.

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Xcel Energy’s board put a concrete number in front of income investors this quarter. The company declared a quarterly cash dividend of $0.5925 per share on July 29, 2026, with an ex-dividend date of September 15, 2026 and a payment date of October 20, 2026. The trailing twelve month payout now stands at $2.325 per share. At a recent price of $76.34, Xcel Energy (NASDAQ:XEL | XEL Price Prediction) carries a dividend yield of 3.06%. For a retiree deciding whether to lean on this check, the more useful question is whether the payout is dependable. That is what this scorecard is built to answer.

Dividend Raise Record: Every Year, Inside Policy Xcel Energy has walked the quarterly payout higher every year in the confirmed record. The declared quarterly amount was $0.52 in 2023, $0.5475 in 2024, $0.57 in 2025, and $0.5925 in 2026. That cadence matches management’s stated dividend policy of annual dividend increases of 4% to 6%. For an income investor, the consistency of the raise itself is the signal, and it lands inside the policy range every year.

Why a Regulated Utility Dividend Behaves Differently Xcel Energy is a regulated electric and natural gas utility with subsidiaries in eight states. Its revenue is not won or lost in an open market. State regulators approve the rates that customers pay through periodic rate cases, and those rates are structured to give the utility a return on the capital it invests in generation, transmission, and distribution. Management noted the company advanced settlements and or reached decisions in six active rate cases while keeping long-term bill growth at or below the rate of inflation. Cash flows are more predictable than at an industrial company, and dividends are correspondingly more durable, provided the regulatory compact holds.

Payout Coverage Xcel Energy reaffirmed 2026 ongoing EPS guidance of $4.04 to $4.16. Against a trailing dividend of $2.325, that sits inside the company’s target payout ratio of 45% to 55%. Q2 2026 ongoing EPS came in at $0.93, versus $0.75 per share in the prior-year quarter. The trailing diluted EPS is 3.63, and the forward P/E multiple is 17. Earnings coverage of the dividend is comfortable and inside policy.

Free Cash Flow Versus Capital Spending This is where a regulated utility scorecard diverges from a consumer staple. Xcel Energy generated $4.083 billion in operating cash flow in fiscal 2025 while spending $10.908 billion in capital expenditures. Common-stock dividends paid were $1.282 billion. The gap between operating cash flow and capex is bridged through a mix of debt and equity issuance in the capital markets, which is standard for a capital-intensive rate-regulated utility. Management laid out a $60 billion five-year base capital expenditure plan for 2026-2030, and on the Q2 call said the company has line of sight to the $70-plus billion of total investments. This spending is what grows the rate base that supports future earnings and future dividend raises.

Balance Sheet and Leverage Short and long term debt combined stood at $40.323 billion at the end of Q2 2026, against total shareholder equity of $24.057 billion. Total debt represents 61% of total capitalization. Equity issuance is doing real work here: management said Xcel is already in front of approximately $6 billion, or 85% of its $7 billion equity need in the base five-year plan. Diluted share count has risen alongside, with 627 million shares outstanding at quarter-end versus 563 million at the end of 2024. This dilution is the price of the growth capex and it does dampen per-share earnings growth relative to rate base growth.

Yield Versus the Alternative The 10-Year Treasury yield closed at 4.79% on September 2, 2026, its high in the trailing twelve months. Xcel’s 3.06% equity yield sits below that. The trade for owning the utility is the raise. If Xcel keeps growing the payout at its stated 4% to 6% pace, the yield-on-cost compounds while a Treasury coupon stays fixed. Total return over the last year was 8.62%, with a ten-year gain of 148.71%.

Risks That Deserve Room Capital intensity: the $60 billion plan requires continuous access to debt and equity markets. Any dislocation raises the cost of funding growth. Regulatory outcomes: rates are set by state commissions. An unfavorable order on allowed return on equity or cost recovery would compress the earned return that supports the dividend. Rates versus bonds: with the 10-Year at 4.79%, income competition is real, and higher interest charges hit Xcel directly. Interest expense rose by $174M YTD. Wildfire and storm exposure: estimated losses from the Smokehouse Creek Fire Complex sit at ~$503M with only ~$80M insurance coverage remaining, and Marshall Wildfire settlements total $640M. Moody’s carries a negative outlook on Xcel Energy Inc. unsecured debt. Scorecard Verdict: How Dependable Is the Check? Grade: B+. The dividend is dependable. Coverage is inside the 45% to 55% target payout range, earnings are guided to $4.04 to $4.16 for the year, the raise cadence has held in every declared year on the record, and revenue is set through regulated rate cases rather than exposed to the market cycle. Wildfire liability and heavy equity issuance keep this from an A. For an income investor at or near retirement who needs a check that shows up and gets larger every year, Xcel’s $0.5925 quarterly payout does the job (a utility check like this is exactly the kind of rung we use to build a dividend ladder you never have to sell out of, something we walked through in a free guide here: Never Touch the Principal).

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Xcel Energy Inc. is positioned for accelerated growth via its SPS utility, with a ~$19.03B investment planned for Texas and New Mexico through 2030. SPS's weather-adjusted electric sales grew 4.8%, outpacing XEL's average, and its proposed 2,623 MW generation portfolio could drive future rate-base and earnings expansion. Regulatory approval, project execution, and financing risks remain; SPS's earnings contribution depends on allowed returns and timely cost recovery.

The Xcel Energy Foundation today announced it has invested nearly $160 million over the past quarter of a century to strengthen communities, according to a new

Iberdrola (OTCMKTS:IBDRY – Get Free Report) and Xcel Energy (NASDAQ:XEL – Get Free Report) are both large-cap utilities companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, valuation, institutional ownership, risk, profitability, dividends and analyst recommendations.

Insider & Institutional Ownership 0.0% of Iberdrola shares are owned by institutional investors. Comparatively, 78.4% of Xcel Energy shares are owned by institutional investors. 0.2% of Xcel Energy shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Profitability This table compares Iberdrola and Xcel Energy’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Iberdrola 15.59% 9.88% 3.83% Xcel Energy 15.28% 10.65% 2.97% Earnings & Valuation This table compares Iberdrola and Xcel Energy”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Iberdrola $51.52 billion 3.11 $7.11 billion $4.72 20.10 Xcel Energy $14.67 billion 3.31 $2.02 billion $3.65 21.28 Iberdrola has higher revenue and earnings than Xcel Energy. Iberdrola is trading at a lower price-to-earnings ratio than Xcel Energy, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings This is a breakdown of current ratings for Iberdrola and Xcel Energy, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Iberdrola 1 6 2 0 2.11 Xcel Energy 1 0 14 2 3.00 Xcel Energy has a consensus price target of $92.76, suggesting a potential upside of 19.40%. Given Xcel Energy’s stronger consensus rating and higher probable upside, analysts clearly believe Xcel Energy is more favorable than Iberdrola.

Volatility and Risk Iberdrola has a beta of 0.64, meaning that its stock price is 36% less volatile than the S&P 500. Comparatively, Xcel Energy has a beta of 0.39, meaning that its stock price is 61% less volatile than the S&P 500.

Dividends Iberdrola pays an annual dividend of $3.00 per share and has a dividend yield of 3.2%. Xcel Energy pays an annual dividend of $2.37 per share and has a dividend yield of 3.1%. Iberdrola pays out 63.6% of its earnings in the form of a dividend. Xcel Energy pays out 64.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Xcel Energy has increased its dividend for 22 consecutive years. Iberdrola is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary Xcel Energy beats Iberdrola on 10 of the 18 factors compared between the two stocks.

About Iberdrola (Get Free Report)

Iberdrola, S.A. engages in the generation, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. It generates electricity from renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and conventional nuclear, as well as through batteries. The company is also involved in the purchase and sale of electricity and gas on wholesale markets; energy retail supply activities, such as gas and electricity, and other products and services, including hydrogen, as well as non-renewable generation; and production of green hydrogen. It has a total installed capacity of 62,871 MW. In addition, the company offers heat pumps, self-consumption, electric mobility, solar, etc. services to residential customers; and management of energy facilities, as well as supplies green H2, industrial heat, etc. to industrial customers. Iberdrola, S.A. was founded in 1840 and is based in Bilbao, Spain.

About Xcel Energy (Get Free Report)

Xcel Energy Inc., through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through wind, nuclear, hydroelectric, biomass, and solar energy sources, as well as coal, natural gas, oil, wood, and refuse-derived fuels. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects and nonregulated assets, as well as procures equipment for the construction of renewable generation facilities. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.

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MarketBeat Week in Review – 06/29 - 07/03Xcel Energy NASDAQ: XEL reported second-quarter 2026 earnings of $0.93 per share, up from $0.75 per share a year earlier, as higher electric revenues, allowance for funds used during construction (AFUDC), and lower depreciation and amortization more than offset increased financing costs.

The utility reaffirmed its 2026 ongoing earnings guidance of $4.04 to $4.16 per share and said it remains confident in delivering long-term earnings growth of 6% to 8% or more. The company also said it expects average EPS growth of more than 9% through 2030, supported by a growing pipeline of investment opportunities beyond its base capital plan.

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Infrastructure investment and generation pipeline Xcel Energy Stock Offers Stability as Electricity Demand BuildsChairman, President and Chief Executive Officer Bob Frenzel said Xcel invested $3 billion during the second quarter and more than $6 billion year to date in generation, transmission and distribution infrastructure across its eight-state service territory.

During the quarter, the company placed Group 2 of Colorado’s Power Pathway transmission project into commercial operation, began construction on a 150-mile, 345-kilovolt transmission project in the Upper Midwest, and completed Phase III of the Sherco Solar facility. The latter brought Sherco Solar’s total capacity to 710 megawatts, which Frenzel said makes it one of the country’s largest utility-scale solar facilities.

3 Utility Stocks With Strong Dividends and Room to Run HigherXcel also highlighted an independent monitor’s report related to its SPS competitive request for proposals in Texas and New Mexico. The company was selected to provide 2,400 megawatts of renewable generation and 200 megawatts of natural gas-fired generation, representing about 70% of the recommended portfolio and approximately $6 billion in potential investment.

Chief Financial Officer Brian Van Abel said the company now has line of sight to more than $10 billion in investments beyond its base plan, though some of those opportunities are expected to extend into the early 2030s. The company’s five-year portfolio includes nearly 13 gigawatts of renewable generation and battery storage, more than 3 gigawatts of new natural-gas generation, and nearly 2,000 miles of high-voltage transmission.

Management said it has sought to support project execution by deepening partnerships with major suppliers and engineering, procurement and construction firms, while consolidating project planning and execution under one organization. Frenzel said the approach is intended to improve capital efficiency, lower execution risk and provide greater schedule certainty.

Financial drivers and financing plan Van Abel said higher electric revenues from non-fuel riders and sales growth increased second-quarter earnings by $0.17 per share. Higher AFUDC added $0.08 per share, while lower depreciation and amortization also contributed $0.08 per share. Other items contributed $0.03 per share, primarily due to positive returns from venture capital portfolios.

These gains were partly offset by a $0.12-per-share impact from higher interest expense and a $0.06-per-share impact from common equity financing. Van Abel said the financing costs reflect the company’s efforts to fund infrastructure investment while maintaining a strong balance sheet.

Weather-adjusted electric sales rose 2.1% year to date, driven by activity in the energy sector at Southwestern Public Service and manufacturing growth across operating companies. Xcel continues to expect weather-adjusted electric sales to increase 3% for the full year.

The company said it has addressed approximately $6 billion, or 85%, of the $7 billion equity need associated with its base five-year plan through equity forward and collar contracts, its at-the-market program and junior subordinated note issuances.

Van Abel said Xcel still expects a long-term difference of roughly 200 to 250 basis points between rate-base growth and EPS growth. He said the company plans to provide an updated five-year capital plan, financing plan and 2027-2031 outlook during its third-quarter update.

Data centers, tariffs and customer affordability Xcel said it has 1 gigawatt of data-center load either operating or under construction and another 1 gigawatt under signed electric service agreements. The company expects to secure an additional 4 gigawatts of data-center load by the end of 2027, including at least 1 gigawatt by the end of 2026.

Frenzel said the company’s high-probability data-center pipeline exceeds 20 gigawatts, with near-term interest concentrated in the Upper Midwest and Southwest. The pipeline includes projects ranging from smaller urban facilities to campuses of roughly 1,000 megawatts.

Management said future investments tied to data centers are generally part of its upside plan rather than its base plan. Frenzel said that in Xcel’s resource-rich regions, a gigawatt of data-center demand could require roughly $5 billion to $6 billion, or more, of generation investment when supported by wind, solar, storage and natural-gas backup.

Xcel received approval for a large-load tariff in Minnesota and has filed similar tariffs in Colorado and Wisconsin. The company also expects to file a tariff in Texas during the third quarter and is working on one in New Mexico. Management said the tariffs are designed to ensure large-load customers pay their full and fair share of generation and interconnection costs while allowing existing customers to benefit from greater use of grid assets.

Regulatory progress and wildfire mitigation Frenzel said Xcel advanced settlements or decisions in six active rate cases, including commission decisions in Minnesota’s electric rate case and a South Dakota electric rate-case settlement. The company also cited proposed settlements in Colorado electric and natural-gas cases, as well as New Mexico electric and Minnesota natural-gas cases.

The company said its Colorado settlement would provide a path to nearly double the size and participation in energy-assistance programs, while its Minnesota electric rate case expanded access to and funding for customer assistance programs.

In Colorado, Frenzel said Xcel has intensified wildfire-mitigation work amid drought conditions and a low snowpack year. The company has installed more than 50 artificial-intelligence-enabled cameras and nearly 300 weather stations in the state, while also using enhanced power-safety settings, public-safety power shutoffs, system hardening and customer communication measures.

Xcel expects to file its next Colorado wildfire mitigation plan in early 2027 and said it will also pursue state-level wildfire legislation during the 2027 legislative session.

About Xcel Energy (NASDAQ:XEL)Xcel Energy NASDAQ: XEL is a Minneapolis-based, publicly traded utility holding company that develops, owns and operates regulated electricity and natural gas delivery systems. The company's core activities include generation, transmission and distribution of electricity, the delivery of natural gas to customers, and related customer service operations. Xcel provides a mix of utility services to residential, commercial and industrial customers and participates in wholesale energy markets where appropriate.

Its generation portfolio combines nuclear, natural gas, coal and a growing share of renewable resources such as wind and solar.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Xcel Energy Inc. (XEL) Q2 2026 Earnings Call Transcript

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) today reported 2026 second quarter GAAP earnings of $586 million, or $0.93 per share, compared with $444 million, or $0.75 per share in the same period in 2025 and ongoing earnings of $589 million, or $0.93 per share compared with $444 million or $0.75 per share in the same period in 2025. See Note 6 for reconciliation from GAAP to ongoing earnings. The change in earnings per share was primarily driven by increased recovery of electri.

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy (NASDAQ: XEL) announced that Peter Carter has been elected to its board of directors, effective today. Carter serves as the president of Delta Air Lines, where he drives the company's enterprise strategy, global policy matters and global market position. He plays a central role in shaping and protecting Delta's ability to compete, grow and innovate. Under Peter's leadership, Delta collaborates with industry stakeholders to deliver a more sustainable fut.

Xcel Energy (XEL - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis utility is expected to post quarterly earnings of $0.79 per share in its upcoming report, which represents a year-over-year change of +5.3%.

Revenues are expected to be $3.58 billion, up 9% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.58% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Xcel?For Xcel, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.32%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that Xcel will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Xcel would post earnings of $0.91 per share when it actually produced earnings of $0.91, delivering no surprise.

Over the last four quarters, the company has beaten consensus EPS estimates just once.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Xcel doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Xcel Energy Today

$82.20 +0.45 (+0.55%)

As of 12:26 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$66.56▼

$84.23Dividend Yield2.88%

P/E Ratio23.70

Price Target$91.06

Xcel Energy NASDAQ: XEL is dependable, predictable, and steady. In other words, it’s generally boring—yet analysts rate it a solid Buy.

Xcel is the kind of stock that income-oriented investors often overlook because it does not make headlines, and growth investors skip because it sounds like a bond substitute. Both groups might be missing something. The Minneapolis-based company is posting solid earnings growth, predictable guidance, and a steady long-term outlook.

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But with a well-valued price/earnings ratio, the stock is not for everyone. Investors should balance its dependable dividends and stability against its current valuation, execution risks, and limited near-term upside.

Xcel Thrives After Decades of InvestmentsXcel’s regional dominance has been built over decades. The current company was formed in 2000 through the merger of New Century Energies and Northern States Power, bringing together utility operations in the upper Midwest and Rocky Mountain West. Before the merger, Xcel operated as a classic regulated utility. It had steady dividends, predictable low single-digit growth, and a stock moved mostly by interest rate changes.

That picture began to change when the industry shifted in approach, and electricity demand surged. Xcel had been an early mover in renewable energy, turning to wind and solar alternatives ahead of many peers. The investments positioned the company well in states such as Colorado and Minnesota, where regulators began mandating decarbonization of electricity supply.

At the same time, the development of large-scale data centers in the company's service areas pushed new load growth to levels not seen in decades.

Today, the company serves 3.7 million electric customers and 2.1 million natural gas customers across eight states, including Minnesota, Michigan, Colorado, Texas, New Mexico, and the Dakotas. Importantly, that geographic breadth also helps reduce the risk that a single statewide rate case could materially hit the overall business.

Capital Spending Planned for Long-Term GrowthThe push for additional energy generation in the region continues to spur the company’s growth.

Xcel has announced plans to pursue a $60 billion capital investment program through 2030, driven by electrification demand, data center growth, and the ongoing transition away from fossil fuels. The company has said it is targeting, among other things, electric grid expansion, renewables expansion, new generation capacity, and transmission infrastructure.

If approved by regulators, the build-out could significantly expand Xcel’s rate base and provide a strong path for earnings growth well beyond the current year. The company has set an earnings-per-share growth objective of 6% to 8% or above annually, an aggressive level for a regulated utility. The company’s compound annual growth rate already sits at 6.2% for its ongoing earnings per share since 2005.

The company also expects its dividend, currently paying approximately 59 cents per share each quarter, to continue yielding about 3% going forward. Given its projected earnings growth, the company said it expects annual dividend increases of 4% to 6%, continuing a 22-year trend of dividend hikes.

Strong Financial Results Support OutlookThe financial results have been tracking that plan.

First-quarter 2026 ongoing earnings were $567 million, or 91 cents per share, up 17% from $483 million, or 84 cents per share, in the same quarter a year earlier. GAAP earnings came in at $556 million, or 89 cents per share. The quarterly increase was driven by higher electric revenue and continued recovery of electric infrastructure investment through rates, the company said.

The company also updated its full-year 2026 earnings guidance to a range of $4.04 to $4.16, compared with $3.80 in 2025.

Overall, with electric generation providing three-quarters of its revenue, Xcel reported $4 billion in operating revenue in the first quarter this year, compared with $3.9 billion a year earlier.

Analysts See Limited But Steady UpsideOverall MarketRank™75th Percentile

Analyst RatingBuy

Upside/Downside10.4% Upside

Short Interest LevelBearish

Dividend StrengthStrong

News Sentiment0.77 Insider TradingN/A

Proj. Earnings Growth9.25%

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That combination of income stability and visible earnings growth has impressed most analysts. The company currently has a solid Buy rating. Of the 17 analysts tracking the stock, 16 rate Xcel as a Buy, while one labels the stock as a Sell.

The 12-month average price target is around $91 per share, within a range of targets from $96 to $84. With a current price of about $80, the predictability of the company is clearly baked into the price range.

In fact, the stock’s steady climb is also evident in its history. Shares are currently trading approximately 5% higher than three months ago, 10% higher than the start of the year, and more than 20% higher than one year ago.

Investors Should Weigh the RisksDespite the current predictability and steadiness of Xcel, utility companies are never without risk. In the market, the utility sector competes with bonds for many investors, and interest rate hikes can hit valuations as well as borrowing costs for major projects.

In addition, Xcel's capital program is ambitious by any measure, and large capital programs are never guaranteed. Cost overruns, supply chain delays, or adverse regulatory decisions can lead to less recovery than management expects.

Wildfire liability is also a risk, especially with exposure in Colorado and other western states. Xcel has recognized this risk and formed a partnership with the National Forest Foundation in May this year, specifically to support wildfire mitigation and forest restoration.

Stability Remains Xcel’s Biggest StrengthXcel has a lot to recommend it. It’s a well-positioned, regulated utility with a reliable dividend yielding 3%, projected annual earnings growth of 6-8%, and a roughly 12% upside target from current levels.

For conservative investors, it also delivers a business aligned with long-term trends in electricity demand and a clean energy buildout. But it is well-priced, and appreciation could be slow.

In many ways, the company might be boring. But with steady accumulation and a multi-year horizon, Xcel’s income, growth, and its delivery of an increasingly essential product might be exciting enough.

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Key Takeaways XEL offers a higher 2.99% dividend yield, while ETR's yield is 2.30%; both top the S&P 500's 1.41%. ETR plans $57B in 2026-2029 investments; XEL targets $60B during 2026-2030 for grid upgrades. Rising power demand, data centers and grid upgrades are shaping growth prospects for both utilities. The companies belonging to the Zacks Utility- Electric Power industry, supported by its regulated structure, are engaged in producing and delivering electricity to a vast customer base throughout the United States. The regulated structure enables these utilities to recover investments while earning predictable returns. They enhance shareholder value through consistent dividend payments and planned share buybacks, making them a reliable choice for investors. Utilities are actively advancing the energy transition by rapidly increasing their reliance on cleaner energy sources to lower emissions.

Electricity demand in the United States is rising, fueled by data center growth, AI workloads, transportation electrification, higher residential usage and industrial reshoring. Companies operating in this industry are making strategic investments in renewable energy, grid modernization and distribution network upgrades to meet rising electricity demand.

Amid the rising importance of transmission and distribution companies, let us discuss Entergy Corporation (ETR - Free Report) and Xcel Energy Inc. (XEL - Free Report) . These two electric utilities have major investments in infrastructure development and grid modernization, making them comparable in the utility space.

Entergy, with its regulated structure, is engaged in electric power production and retail distribution of power. The company operates 25,000 MW of generating capacity, of which more than 5,000 MW is nuclear, supporting millions of customers throughout the United States. It is aided by contracted industrial growth and long-term service agreements supporting revenues and future growth. The company’s strategic investments in infrastructure development and renewable energy expansion enhance service reliability and support long-term growth.

Xcel Energy stands out with its regulated structure that operates through four regulated utility subsidiaries and serves millions of electricity and natural gas customers across the United States. XEL benefits from expanding customer base and a rise in data center demand, supporting revenues and earnings growth. The company invests systematically to expand renewable assets and infrastructure development, which enhances operational efficiency and strengthens long term financial performance.

Entergy and Xcel Energy are among the leading utilities. Comparing their fundamentals side by side can reveal which stock presents the most attractive investment opportunity.

ETR & XEL’s Earnings Growth ProjectionsThe Zacks Consensus Estimate for ETR’s earnings per share is pegged at $4.40 in 2026 and $5.03 in 2027, suggesting year-over-year growth of 12.53% and 14.39%, respectively.  ETR’s long-term (three to five years) earnings growth is currently pinned at 13.32%.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for XEL’s earnings per share is pegged at $4.11 in 2026 and $4.49 in 2027, suggesting year-over-year growth of 8.16% and 9.17%, respectively.  XEL’s long-term earnings growth is currently pinned at 9.36%.

Image Source: Zacks Investment Research

ETR & XEL’s Return on EquityReturn on Equity (ROE) plays a significant role in measuring a company’s management efficiency in utilizing shareholders’ funds to generate profit. A higher ROE generally signifies that a company is using its shareholder funds efficiently to create value and drive earnings growth.

Entergy’s current ROE is 10.75%, outperforming Xcel Energy, which reports a lower ROE of 10.37%. ETR utilizes shareholder capital more efficiently than XEL.

ETR & XEL’s Dividend YieldDividends are regular payments distributed by a utility company to reward its shareholders, reflecting a commitment to delivering consistent returns on invested capital. It reflects the company’s earnings stability and strong cash flow.

Currently, the dividend yield for Xcel Energy is 2.99%, while that for Entergy is 2.30%. The dividend yields of both companies are higher than the S&P 500’s yield of 1.41%.

Image Source: Zacks Investment Research

Capital Investment PlansThe Utilities sector requires continuous investments in infrastructure upgrades and maintenance to ensure operational efficiency and support growing demand.  These investments ensure service reliability and help avoid outages even during extreme weather conditions.

Xcel Energy aims to invest $60 billion during 2026-2030 for grid modernization, expand renewable generation and deploy advanced technologies. Entergy plans to invest $57 billion during 2026-2029 to serve rising customer needs and expand the generation, transmission and distribution network.

Price PerformanceEntergy shares have gained 19.4% in the past six months compared with Xcel Energy’s rally of 6.7%.

Image Source: Zacks Investment Research

Overall AssessmentEntergy and Xcel Energy both gain from a rise in demand for service, expanding customer base and robust capital spending to reliably serve millions across the United States.

ETR, supported by stable earnings per share growth, stronger ROE and better price performance, appears to be a more attractive choice in the utility sector.

Based on the above discussion, Entergy currently has an edge over Xcel Energy, though both presently carry a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Xcel Energy (XEL - Free Report) came out with quarterly earnings of $0.91 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +0.44%. A quarter ago, it was expected that this utility would post earnings of $0.97 per share when it actually produced earnings of $0.96, delivering a surprise of -1.03%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Xcel, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $4.02 billion for the quarter ended March 2026, missing the Zacks Consensus Estimate by 4.34%. This compares to year-ago revenues of $3.91 billion. The company has not been able to beat consensus revenue estimates over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Xcel shares have added about 6.7% since the beginning of the year versus the S&P 500's gain of 4.2%.

What's Next for Xcel?While Xcel has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Xcel was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.74 on $3.62 billion in revenues for the coming quarter and $4.11 on $15.91 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Fortis (FTS - Free Report) , has yet to report results for the quarter ended March 2026. The results are expected to be released on May 6.

This electric and gas utility is expected to post quarterly earnings of $0.70 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 1.2% higher over the last 30 days to the current level.

Fortis' revenues are expected to be $2.44 billion, up 5.1% from the year-ago quarter.

Key Takeaways Xcel Energy posted Q1 operating EPS of 91 cents in line with estimates; revenues were $4.02B.EL's electric segment revenues rose 4.9% to $2.98B, while natural gas fell 2.4% to $1.03BXEL reaffirmed 2026 EPS $4.04-$4.16 and plans $60B spend in 2026-2030 to add renewables, gas, storage. Xcel Energy Inc. (XEL - Free Report) reported first-quarter 2026 operating earnings of 91 cents per share, which matched the Zacks Consensus Estimate. The bottom line also surpassed the year-ago quarter’s figure by 8.3%.

 It reported GAAP earnings of 89 cents per share compared with 84 cents in the year-ago quarter.

Total Revenues of XELRevenues of $4.02 billion missed the Zacks Consensus Estimate of $4.22 billion by 4.8%. However, the figure increased 2.9% from the year-ago quarter’s $3.9 billion.

XEL’s Segmental ResultsElectric: This segment’s revenues totaled $2.98 billion, up 4.9% from $2.83 billion in the year-ago quarter.

Natural Gas: Revenues in this segment decreased 2.4% to $1.03 billion from $1.05 billion in the year-ago quarter.

Other: Revenues amounted to $15 million, down 6.3% from the prior-year quarter.

Highlights of XEL’s Earnings ReleaseTotal operating expenses in the first quarter increased 1.2% year over year to $3.27 billion. The increase in operating expenses was due to the higher cost of natural gas sold and transported, and taxes other than income tax.

Operating income in the first quarter increased 11.4% year over year to $754 million.

Total interest charges and financing costs increased 20.4% from the prior-year quarter’s $309 million to $372 million.

In first-quarter 2026, Xcel Energy registered 0.7% growth in electric customer volume and a 0.8% increase in natural gas customer volume. During the quarter, natural gas sales volume improved 0.1% year over year, and electric sales volume increased 2.8%.

Courtesy of efficient management of services, Xcel Energy electric and natural gas residential bills are 29% and 11%, respectively, lower than the national average.

XEL’s GuidanceXcel Energy reaffirms its 2026 earnings per share in the range of $4.04-$4.16. The Zacks Consensus Estimate is pegged at $4.11 per share, a tad higher than the midpoint of the company’s guided range.

XEL expects retail electric sales to increase 3% in 2026. Natural gas sales volumes are anticipated to increase 1% in 2026 from the year-ago level.

Xcel Energy expects long-term annual earnings per share growth of 6-8% and dividend growth of 4-6%.

The company plans to invest $60 billion in 2026-2030 to further strengthen its infrastructure. Xcel Energy plans to add 7,500 megawatts (“MW”) of renewable generation, 3,000 MW of natural gas generation and 1,900 MW of energy storage through the planned investment.

XEL’s Zacks RankXEL currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Upcoming ReleasesWEC Energy Group, Inc. (WEC - Free Report) is scheduled to report first-quarter results on May 5. The Zacks Consensus Estimate for earnings is pegged at $2.31 per share, which implies an increase of 1.76% year over year.

The consensus estimate for WEC’s first-quarter sales is pinned at $3.21 billion, which indicates year-over-year growth of 1.91%.

Exelon Corporation (EXC - Free Report) is scheduled to report first-quarter results on May 6. The Zacks Consensus Estimate for earnings is pegged at 89 cents per share, which implies a decline of 3.26% year over year.

The consensus estimate for EXC’s first-quarter sales is pinned at $6.91 billion, which indicates year-over-year growth of 2.93%.

Eversource Energy (ES - Free Report) is scheduled to report first-quarter results on May 6. The Zacks Consensus Estimate for earnings is pegged at $1.59 per share, which implies an increase of 6% year over year.

The consensus estimate for ES’ first-quarter sales is pinned at $4.21 billion, which indicates year-over-year growth of 2.31%.

The Rose Income Garden (RIG) portfolio, with 73 dividend-paying holdings, yields 6% and is up 8.21% YTD, outperforming SPY. I view KO, WPC, and XEL as quality income holdings but consider KO and WPC overvalued, maintaining them as holds, while XEL is a buy on dips. GPC and KMB are undervalued with attractive yields; I have added to both, expecting future capital gains and reliable dividends.

On May 13, 2026, we delve into the DCF analysis for Xcel Energy Inc XEL , a company that has shown a price performance of +20.7% over the past year, despite a modest decline of -0.8% in the last week. This analysis will provide insights into the intrinsic value of XEL based on earnings and free cash flow (FCF) models.

DCF Earnings-based intrinsic value of $48.47 vs current price of $79.90 (margin of safety: -64.8%) DCF FCF-based intrinsic value of $-138.39 vs current price (second opinion) GF Score™ of 82/100 indicates a reliable DCF input What Is XEL Worth? DCF Earnings-Based Model The DCF earnings-based model evaluates Xcel Energy's potential future earnings growth over a 10-year period, followed by a terminal growth phase. The model assumes a current EPS of $3.86 and a growth rate of 6.3% for the first ten years, followed by a terminal growth rate of 4% for the subsequent ten years.

Parameter Value Current EPS (TTM, excl. non-recurring) $3.86 10-Year Growth Rate 6.3% 10-Year Treasury Rate 4.33% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% The two-stage model consists of a growth phase where EPS grows at 6.3% annually for the first ten years, discounted at 11%, followed by a terminal phase with a 4% growth rate for the next ten years, also discounted at 11%.

Stage Description Value Growth Stage (Years 1-10) EPS growing at 6.3%, discounted at 11% $30.66 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $17.81 Intrinsic Value Growth + Terminal $48.47 With the current price at $79.90, the intrinsic value of $48.47 indicates that XEL is modestly overvalued, presenting a margin of safety of -64.8%. It is important to note that GuruFocus uses EPS excluding non-recurring items, as research shows stock prices correlate more closely with earnings than free cash flow. For further details, visit the XEL DCF Calculator.

What Does the Free Cash Flow DCF Say? The FCF-based intrinsic value for Xcel Energy is calculated at $-138.39. This starkly contrasts with the earnings-based valuation, indicating a significant discrepancy between the two models. The FCF model suggests that XEL is significantly overvalued, with a margin of safety of -100.0%.

How Does GF Value™ Compare to the DCF Models? The GF Value™ for Xcel Energy is $66.93, providing a third perspective on valuation. GF Value™ is GuruFocus' proprietary measure that considers historical trading multiples, past business growth, and future performance estimates. When comparing the three models, both DCF models indicate overvaluation, while GF Value™ also suggests that the stock is overvalued, aligning with the overall consensus. For more information, visit the GF Value™ page.

What Does XEL's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns (backtested 2006-2021).

Metric Rating GF Score™ 82/100 Financial Strength 4/10 Profitability 7/10 Growth 7/10 Valuation 6/10 Momentum 10/10 With a predictability rank of 0/5 stars, it suggests that the DCF model may be less reliable for this stock. For further insights, visit the XEL stock page.

Key Assumptions and Limitations It is crucial to note that DCF models are highly sensitive to growth rate and discount rate assumptions. Stocks with low predictability ratings tend to produce less reliable DCF estimates. The terminal growth rate of 4% is a simplifying assumption that may not reflect future economic conditions accurately.

What This Means for Investors In conclusion, the DCF earnings model indicates that XEL is overvalued at its current price of $79.90, with an intrinsic value of $48.47. The FCF model further supports this view, showing a significantly overvalued position with an intrinsic value of $-138.39. The GF Value™ of $66.93 aligns with these findings, suggesting a consensus of overvaluation.

For the full DCF analysis, visit the XEL DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.

Frequently Asked Questions What is XEL's intrinsic value based on DCF?

earnings-based $48.47, FCF-based $-138.39

Is XEL overvalued or undervalued?

Based on the DCF and GF Value™ consensus, XEL is overvalued.

How reliable is the DCF model for XEL?

The predictability rank of 0/5 indicates that the DCF model may be less reliable for XEL.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].