Analysts Offer Predictions for Xcel Energy Q2 Earnings

Xcel Energy Inc. (NASDAQ:XEL) – KeyCorp issued their Q2 2026 earnings per share (EPS) estimates for shares of Xcel Energy in a note issued to investors on Wednesday, July 22nd. KeyCorp analyst S. Karp expects that the company will post earnings per share of $0.78 for the quarter. KeyCorp currently has a “Overweight” rating on the stock. The consensus estimate for Xcel Energy’s current full-year earnings is $4.11 per share. KeyCorp also issued estimates for Xcel Energy’s Q3 2026 earnings at $1.42 EPS, Q4 2026 earnings at $1.05 EPS, FY2026 earnings at $4.12 EPS, FY2027 earnings at $4.49 EPS, FY2028 earnings at $4.89 EPS, FY2029 earnings at $5.34 EPS and FY2030 earnings at $5.85 EPS.

Xcel Energy (NASDAQ:XEL) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.91 EPS for the quarter, hitting the consensus estimate of $0.91. The company had revenue of $4.02 billion during the quarter, compared to analyst estimates of $4.21 billion. Xcel Energy had a net margin of 14.14% and a return on equity of 10.37%. The firm’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.84 EPS.

A number of other research analysts have also weighed in on XEL. JPMorgan Chase & Co. raised their price objective on Xcel Energy from $91.00 to $102.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. UBS Group boosted their price objective on shares of Xcel Energy from $89.00 to $91.00 and gave the company a “buy” rating in a report on Monday, April 20th. Evercore reiterated an “outperform” rating and set a $96.00 price target on shares of Xcel Energy in a research report on Monday, May 4th. Jefferies Financial Group set a $101.00 price target on shares of Xcel Energy in a research note on Tuesday, July 7th. Finally, Barclays upped their price objective on shares of Xcel Energy from $87.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, July 9th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $92.65.

Xcel Energy Stock Up 0.7%

Shares of NASDAQ XEL opened at $80.77 on Friday. The firm has a market cap of $50.42 billion, a price-to-earnings ratio of 23.28, a price-to-earnings-growth ratio of 2.08 and a beta of 0.39. The company’s 50-day simple moving average is $79.52 and its 200-day simple moving average is $79.24. The company has a quick ratio of 0.68, a current ratio of 0.77 and a debt-to-equity ratio of 1.45. Xcel Energy has a 52-week low of $69.16 and a 52-week high of $84.23.

Xcel Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Monday, June 15th were issued a dividend of $0.5925 per share. The ex-dividend date was Monday, June 15th. This represents a $2.37 dividend on an annualized basis and a yield of 2.9%. Xcel Energy’s dividend payout ratio is 68.30%.

Hedge Funds Weigh In On Xcel Energy

Several institutional investors have recently modified their holdings of the business. Tema ETFs LLC boosted its holdings in Xcel Energy by 43.3% in the second quarter. Tema ETFs LLC now owns 196,808 shares of the company’s stock valued at $15,804,000 after purchasing an additional 59,458 shares during the period. Ausbil Investment Management Ltd acquired a new stake in Xcel Energy in the 2nd quarter valued at about $7,514,000. Sapient Capital LLC purchased a new position in shares of Xcel Energy in the 2nd quarter valued at about $1,274,000. Oliver Luxxe Assets LLC increased its stake in shares of Xcel Energy by 25.2% during the second quarter. Oliver Luxxe Assets LLC now owns 95,287 shares of the company’s stock worth $7,652,000 after buying an additional 19,196 shares during the period. Finally, Hennion & Walsh Asset Management Inc. raised its holdings in Xcel Energy by 6.9% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 58,481 shares of the company’s stock valued at $4,696,000 after acquiring an additional 3,787 shares in the last quarter. Institutional investors and hedge funds own 78.38% of the company’s stock.

About Xcel Energy

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.