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Xcel Energy (XEL) Stock Forecast, Price Target & Predictions

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XEL Stock Forecast

Xcel Energy stock forecast is as follows: an average price target of $68.75 (represents a 2.00% upside from XEL’s last price of $67.40) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.

XEL Price Target

The average price target for Xcel Energy (XEL) is $68.75 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $70.00 to $67.00. This represents a potential 2.00% upside from XEL's last price of $67.40.

XEL Analyst Ratings

Buy

According to 14 Wall Street analysts, Xcel Energy's rating consensus is 'Buy'. The analyst rating breakdown for XEL stock is 0 'Strong Buy' (0.00%), 8 'Buy' (57.14%), 6 'Hold' (42.86%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Xcel Energy Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 21, 2024Nicholas CampanellaBarclays$67.00$64.074.57%-0.59%
Sep 25, 2024Paul FremontMizuho Securities$70.00$64.179.09%3.86%
Sep 19, 2024Paul ZimbardoJefferies$70.00$64.069.27%3.86%
Aug 26, 2024Marie FergusonArgus Research$68.00$60.1213.11%0.89%
Jul 02, 2024Paul FremontMizuho Securities$64.00$52.4322.07%-5.04%
Apr 30, 2024Nicholas CampanellaBarclays$57.00$54.484.63%-15.43%
Apr 29, 2024James ThalackerBMO Capital$65.00$54.7918.63%-3.56%
Apr 19, 2024Sophie KarpKeyBanc$65.00$53.7620.91%-3.56%
Mar 11, 2024Nicholas CampanellaBarclays$54.00$52.912.06%-19.88%
Mar 11, 2024Steve FleishmanWolfe Research$58.00$52.919.62%-13.95%
Dec 04, 2023Jeremy TonetJ.P. Morgan$70.00$61.4313.95%3.86%
Nov 11, 2022Morgan Stanley$63.00$67.14-6.16%-6.53%
May 16, 2022Durgesh ChopraEvercore ISI$79.00$74.785.64%17.21%
Apr 29, 2022Wells Fargo$79.00$74.885.50%17.21%
Apr 28, 2022Nicholas CampanellaCredit Suisse$80.00$74.886.84%18.69%
Apr 20, 2022Morgan Stanley$75.00$75.36-0.47%11.28%
Oct 12, 2021Insoo KimGoldman Sachs$76.00$62.1422.30%12.76%

The latest Xcel Energy stock forecast, released on Oct 21, 2024 by Nicholas Campanella from Barclays, set a price target of $67.00, which represents a 4.57% increase from the stock price at the time of the forecast ($64.07), and a -0.59% decrease from XEL last price ($67.40).

Xcel Energy Price Target by Period

1M3M12M
# Anlaysts-310
Avg Price Target-$69.00$63.80
Last Closing Price$67.40$67.40$67.40
Upside/Downside-100.00%2.37%-5.34%

In the current month, the average price target of Xcel Energy stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Xcel Energy's last price of $67.40. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 21, 2024BarclaysOverweightOverweightHold
Oct 16, 2024Wells FargoEqual-WeightEqual-WeightHold
Sep 30, 2024KeyBancOverweightOverweightHold
Sep 25, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Sep 19, 2024JefferiesHoldInitialise
Aug 23, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Aug 05, 2024Goldman SachsBuyBuyHold
May 28, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Apr 30, 2024BarclaysOverweightOverweightHold
Apr 29, 2024BMO CapitalMarket PerformMarket PerformHold
Apr 29, 2024Bank of America SecuritiesBuyBuyHold
Apr 19, 2024KeyBancOverweightOverweightHold
Mar 11, 2024BarclaysOverweightUpgrade
Mar 11, 2024Wolfe ResearchOutperformUpgrade
Dec 04, 2023UBSBuyBuyHold
Oct 06, 2023Bank of America SecuritiesBuyUpgrade
Jun 22, 2023BMO CapitalMarket OutperformPerformDowngrade
Jun 06, 2023CFRAHoldUpgrade
Jun 02, 2023Cowen & Co.Market PerformInitialise
Jun 02, 2023Janney MontgomeryBuyInitialise
Nov 11, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Oct 19, 2022Wells FargoBuyBuyHold
May 16, 2022Evercore ISIBuyBuyHold
Apr 29, 2022Wells FargoEqual-WeightEqual-WeightHold
Nov 22, 2021BMO CapitalMarket OutperformUpgrade

Xcel Energy's last stock rating was published by Barclays on Oct 21, 2024. The company gave XEL a "Overweight" rating, the same as its previous rate.

Xcel Energy Financial Forecast

Xcel Energy Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue-----------------$3.66B$3.02B$4.08B$4.05B$4.08B$3.42B$3.75B$3.35B$3.47B$3.07B$3.54B$2.95B$3.18B
Avg Forecast$4.38B$4.32B$4.26B$4.20B$4.14B$4.08B$4.02B$3.97B$3.91B$3.98B$3.32B$4.02B$3.77B$3.93B$3.29B$4.12B$4.01B$4.04B$3.38B$3.76B$3.05B$3.84B$3.10B$3.42B$3.10B$3.41B$2.69B$2.90B$3.16B$3.37B
High Forecast$4.58B$4.51B$4.45B$4.39B$4.32B$4.26B$4.20B$4.14B$4.09B$4.16B$3.46B$4.15B$3.89B$3.93B$3.29B$4.12B$4.26B$4.30B$3.53B$3.93B$3.19B$3.84B$3.10B$3.42B$3.10B$3.41B$2.69B$2.90B$3.16B$3.37B
Low Forecast$4.26B$4.20B$4.14B$4.08B$4.03B$3.97B$3.91B$3.86B$3.80B$3.88B$3.23B$3.94B$3.69B$3.92B$3.29B$4.12B$3.64B$3.75B$3.29B$3.66B$2.97B$3.84B$3.10B$3.42B$3.10B$3.41B$2.69B$2.90B$3.16B$3.37B
# Analysts111111111113422244221111222228
Surprise %-----------------0.91%0.89%1.08%1.33%1.06%1.10%1.10%1.08%1.02%1.14%1.22%0.93%0.95%

Xcel Energy's average Quarter revenue forecast for Dec 23 based on 4 analysts is $4.01B, with a low forecast of $3.64B, and a high forecast of $4.26B. XEL's average Quarter revenue forecast represents a 9.37% increase compared to the company's last Quarter revenue of $3.66B (Sep 23).

Xcel Energy EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111113422244221111222228
EBITDA-----------------$1.58B$1.03B$1.21B$1.16B$1.54B$1.15B$1.12B$1.01B$1.44B$1.02B$1.08B$990.00M$1.40B
Avg Forecast$1.53B$1.51B$1.49B$1.47B$1.44B$1.42B$1.40B$1.38B$1.37B$1.39B$1.16B$1.40B$1.32B$1.37B$1.15B$1.33B$1.40B$1.41B$1.18B$1.21B$1.11B$1.30B$1.05B$1.10B$1.05B$1.16B$913.56M$973.77M$1.07B$1.14B
High Forecast$1.60B$1.57B$1.55B$1.53B$1.51B$1.49B$1.47B$1.45B$1.43B$1.45B$1.21B$1.45B$1.36B$1.37B$1.15B$1.60B$1.49B$1.50B$1.23B$1.46B$1.34B$1.30B$1.05B$1.32B$1.05B$1.16B$913.56M$1.17B$1.07B$1.14B
Low Forecast$1.49B$1.47B$1.45B$1.43B$1.41B$1.39B$1.37B$1.35B$1.33B$1.35B$1.13B$1.38B$1.29B$1.37B$1.15B$1.07B$1.27B$1.31B$1.15B$970.28M$891.44M$1.30B$1.05B$882.07M$1.05B$1.16B$913.56M$779.02M$1.07B$1.14B
Surprise %-----------------1.12%0.87%1.00%1.04%1.18%1.09%1.02%0.96%1.24%1.12%1.11%0.92%1.23%

4 analysts predict XEL's average Quarter EBITDA for Dec 23 to be $1.40B, with a high of $1.49B and a low of $1.27B. This is -11.67% lower than Xcel Energy's previous annual EBITDA (Sep 23) of $1.58B.

Xcel Energy Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111113422244221111222228
Net Income-----------------$656.00M$288.00M$418.00M$379.00M$649.00M$328.00M$380.00M$315.00M$609.00M$311.00M$362.00M$288.00M$603.00M
Avg Forecast$525.05M$845.97M$575.23M$579.75M$534.46M$831.48M$450.22M$533.11M$533.19M$766.64M$370.27M$506.42M$502.39M$711.41M$322.32M$446.28M$480.54M$714.08M$319.34M$405.71M$346.50M$675.56M$338.04M$368.82M$321.10M$658.68M$309.25M$326.39M$300.63M$593.04M
High Forecast$555.56M$895.13M$608.65M$613.43M$565.51M$879.80M$476.38M$564.08M$564.17M$811.19M$391.79M$522.94M$508.17M$728.89M$322.45M$535.53M$503.16M$742.19M$337.89M$486.85M$415.80M$691.93M$338.04M$442.59M$321.10M$676.16M$309.25M$391.67M$300.63M$593.04M
Low Forecast$506.52M$816.11M$554.93M$559.28M$515.60M$802.14M$434.33M$514.29M$514.37M$739.59M$357.20M$495.41M$485.07M$693.93M$322.19M$357.02M$469.24M$685.96M$308.07M$324.56M$277.20M$659.19M$338.04M$295.06M$321.10M$641.20M$309.25M$261.11M$300.63M$593.04M
Surprise %-----------------0.92%0.90%1.03%1.09%0.96%0.97%1.03%0.98%0.92%1.01%1.11%0.96%1.02%

Xcel Energy's average Quarter net income forecast for Dec 23 is $480.54M, with a range of $469.24M to $503.16M. XEL's average Quarter net income forecast represents a -26.75% decrease compared to the company's last Quarter net income of $656.00M (Sep 23).

Xcel Energy SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111113422244221111222228
SG&A------------------------------
Avg Forecast$79.03M$77.92M$76.83M$75.75M$74.68M$73.64M$72.60M$71.58M$70.58M$71.90M$59.83M$72.58M$68.10M$70.84M$59.31M$74.42M$72.28M$72.87M$61.04M$67.93M$55.09M$69.27M$55.92M$61.72M$55.94M$61.56M$48.61M$52.29M$56.96M$60.76M
High Forecast$82.56M$81.40M$80.26M$79.13M$78.02M$76.93M$75.85M$74.78M$73.73M$75.12M$62.50M$74.82M$70.28M$70.92M$59.31M$74.42M$76.83M$77.62M$63.77M$70.97M$57.55M$69.27M$55.92M$61.72M$55.94M$61.56M$48.61M$52.29M$56.96M$60.76M
Low Forecast$76.89M$75.81M$74.74M$73.69M$72.66M$71.64M$70.63M$69.64M$68.66M$69.95M$58.21M$71.09M$66.64M$70.75M$59.31M$74.42M$65.72M$67.62M$59.38M$66.09M$53.59M$69.27M$55.92M$61.72M$55.94M$61.56M$48.61M$52.29M$56.96M$60.76M
Surprise %------------------------------

Xcel Energy's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to XEL last annual SG&A of $NaN (undefined).

Xcel Energy EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111113422244221111222228
EPS-----------------$1.19$0.52$0.76$0.69$1.19$0.60$0.70$0.58$1.13$0.58$0.67$0.54$1.15
Avg Forecast$0.93$1.50$1.02$1.03$0.95$1.47$0.80$0.94$0.94$1.36$0.66$0.90$0.89$1.26$0.57$0.77$0.85$1.26$0.57$0.74$0.68$1.21$0.61$0.67$0.58$1.18$0.56$0.61$0.54$1.06
High Forecast$0.98$1.58$1.08$1.09$1.00$1.56$0.84$1.00$1.00$1.44$0.69$0.93$0.90$1.29$0.57$0.77$0.89$1.31$0.60$0.78$0.72$1.24$0.61$0.67$0.58$1.21$0.56$0.61$0.54$1.06
Low Forecast$0.90$1.44$0.98$0.99$0.91$1.42$0.77$0.91$0.91$1.31$0.63$0.88$0.86$1.23$0.57$0.77$0.83$1.21$0.55$0.71$0.65$1.18$0.61$0.67$0.58$1.15$0.56$0.61$0.54$1.06
Surprise %-----------------0.94%0.92%1.03%1.02%0.98%0.99%1.04%1.01%0.96%1.04%1.10%1.00%1.08%

According to 4 Wall Street analysts, Xcel Energy's projected average Quarter EPS for Dec 23 is $0.85, with a low estimate of $0.83 and a high estimate of $0.89. This represents a -28.53% decrease compared to XEL previous annual EPS of $1.19 (Sep 23).

Xcel Energy Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ETREntergy$74.84$140.2587.40%Buy
FEFirstEnergy$39.84$47.6719.65%Hold
DTEDTE Energy Company$120.70$137.2913.74%Buy
AEPAmerican Electric Power Company$91.92$104.0013.14%Hold
EVRGEvergy$61.50$68.5011.38%Buy
CMSCMS Energy$67.04$73.409.49%Buy
LNTAlliant Energy$59.57$63.145.99%Buy
PNWPinnacle West Capital$86.10$90.675.31%Buy
SOSouthern Company$83.28$86.503.87%Hold
AEEAmeren$88.68$90.001.49%Buy
XELXcel Energy$68.08$68.750.98%Buy
CNPCenterPoint Energy$31.71$32.000.91%Hold
MGEEMGE Energy$95.75$71.00-25.85%Sell

XEL Forecast FAQ

Is Xcel Energy a good buy?

Yes, according to 14 Wall Street analysts, Xcel Energy (XEL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 57.14% of XEL's total ratings.

What is XEL's price target?

Xcel Energy (XEL) average price target is $68.75 with a range of $67 to $70, implying a 2.00% from its last price of $67.4. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Xcel Energy stock go up soon?

According to Wall Street analysts' prediction for XEL stock, the company can go up by 2.00% (from the last price of $67.4 to the average price target of $68.75), up by 3.86% based on the highest stock price target, and down by -0.59% based on the lowest stock price target.

Can Xcel Energy stock reach $100?

XEL's average twelve months analyst stock price target of $68.75 does not support the claim that Xcel Energy can reach $100 in the near future.

What are Xcel Energy's analysts' financial forecasts?

Xcel Energy's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $16.21B (high $16.93B, low $15.77B), average EBITDA is $5.66B (high $5.91B, low $5.51B), average net income is $2.35B (high $2.49B, low $2.27B), average SG&A $292.5M (high $305.58M, low $284.56M), and average EPS is $4.16 (high $4.4, low $4.01). XEL's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $17.15B (high $17.92B, low $16.69B), average EBITDA is $5.99B (high $6.26B, low $5.83B), average net income is $2.53B (high $2.67B, low $2.44B), average SG&A $309.53M (high $323.36M, low $301.12M), and average EPS is $4.47 (high $4.73, low $4.31).

Did the XEL's actual financial results beat the analysts' financial forecasts?

Based on Xcel Energy's last annual report (Dec 2022), the company's revenue was $15.31B, beating the average analysts forecast of $13.41B by 14.16%. Apple's EBITDA was $4.91B, beating the average prediction of $4.57B by 7.38%. The company's net income was $1.74B, beating the average estimation of $1.73B by 0.41%. Apple's SG&A was $0, missing the average forecast of $242M by -100.00%. Lastly, the company's EPS was $3.17, missing the average prediction of $3.17 by -0.03%. In terms of the last quarterly report (Sep 2023), Xcel Energy's revenue was $3.66B, missing the average analysts' forecast of $4.04B by -9.31%. The company's EBITDA was $1.58B, beating the average prediction of $1.41B by 12.29%. Xcel Energy's net income was $656M, missing the average estimation of $714.08M by -8.13%. The company's SG&A was $0, missing the average forecast of $72.87M by -100.00%. Lastly, the company's EPS was $1.19, missing the average prediction of $1.26 by -5.84%