Barclays analyst Nicholas Campanella has revised the price target for Xcel Energy (XEL, Financial), elevating it to $73 from the previous $72. The adjustment comes as part of the firm’s broader update to its utilities and power sector models as they prepare for the upcoming Q1 earnings. This revision reflects recent macroeconomic insights and shifts in the U.S. utilities tariff landscape.
The utilities sector is anticipated to continue its positive re-rating trend due to its defensive nature, according to the analyst's note to investors. The Overweight rating on Xcel Energy remains unchanged, indicating continued confidence in its stock performance relative to other options in the market. These updates suggest that Xcel Energy is well-positioned in the current economic climate.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Xcel Energy Inc (XEL, Financial) is $74.22 with a high estimate of $81.00 and a low estimate of $62.10. The average target implies an upside of 7.61% from the current price of $68.97. More detailed estimate data can be found on the Xcel Energy Inc (XEL) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Xcel Energy Inc's (XEL, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Xcel Energy Inc (XEL, Financial) in one year is $67.12, suggesting a downside of 2.68% from the current price of $68.97. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Xcel Energy Inc (XEL) Summary page.
