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 $68.67 (represents a 9.16% upside from XEL’s last price of $62.91) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.

XEL Price Target


The average price target for Xcel Energy (XEL) is $68.67 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $80.00 to $57.00. This represents a potential 9.16% upside from XEL's last price of $62.91.

XEL Analyst Ratings


Buy

According to 13 Wall Street analysts, Xcel Energy's rating consensus is 'Buy'. The analyst rating breakdown for XEL stock is 0 'Strong Buy' (0.00%), 9 'Buy' (69.23%), 4 'Hold' (30.77%), 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
Aug 26, 2024Marie FergusonArgus Research$68.00$60.1213.11%8.09%
Jul 02, 2024Paul FremontMizuho Securities$64.00$52.4322.07%1.73%
Apr 30, 2024Nicholas CampanellaBarclays$57.00$54.484.63%-9.39%
Apr 29, 2024James ThalackerBMO Capital$65.00$54.7918.63%3.32%
Apr 19, 2024Sophie KarpKeyBanc$65.00$53.7620.91%3.32%
Mar 11, 2024Nicholas CampanellaBarclays$54.00$52.912.06%-14.16%
Mar 11, 2024Steve FleishmanWolfe Research$58.00$52.919.62%-7.80%
Dec 04, 2023Jeremy TonetJ.P. Morgan$70.00$61.4313.95%11.27%
Nov 11, 2022-Morgan Stanley$63.00$67.14-6.16%0.14%
May 16, 2022Durgesh ChopraEvercore ISI$79.00$74.785.64%25.58%
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The latest Xcel Energy stock forecast, released on Aug 26, 2024 by Marie Ferguson from Argus Research, set a price target of $68.00, which represents a 13.11% increase from the stock price at the time of the forecast ($60.12), and a 8.09% increase from XEL last price ($62.91).

Xcel Energy Price Target by Period


1M3M12M
# Anlaysts128
Avg Price Target$68.00$66.00$62.63
Last Closing Price$62.91$62.91$62.91
Upside/Downside8.09%4.91%-0.45%

In the current month, the average price target of Xcel Energy stock is $68.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 8.09% increase as opposed to Xcel Energy's last price of $62.91. This month's average price target is up 3.03% compared to last quarter, and up 8.57% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
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, 2024Barclays-OverweightUpgrade
Mar 11, 2024Wolfe Research-OutperformUpgrade
Dec 04, 2023UBSBuyBuyHold
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Xcel Energy's last stock rating was published by Morgan Stanley on Aug 23, 2024. The company gave XEL a "Equal-Weight" rating, the same as its previous rate.

Xcel Energy Financial Forecast


Xcel Energy Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$3.66B$3.02B$4.08B$4.05B$4.08B-$3.75B$3.35B$3.47B$3.07B$3.54B$2.95B$3.18B$2.59B$2.81B$2.80B$3.01B
Avg Forecast$3.50B$3.45B$3.41B$3.36B$3.31B$3.26B$3.41B$4.19B$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$2.66B$3.18B$3.06B$3.48B
High Forecast$3.76B$3.71B$3.66B$3.61B$3.56B$3.51B$3.67B$4.50B$4.05B$4.04B$3.53B$4.43B$4.26B$4.30B$3.63B$4.04B$3.28B$4.12B$3.10B$3.55B$3.22B$3.54B$2.80B$3.01B$3.28B$3.50B$2.76B$3.30B$3.18B$3.61B
Low Forecast$3.31B$3.26B$3.22B$3.17B$3.13B$3.08B$3.23B$3.96B$3.56B$3.83B$3.10B$3.90B$3.64B$3.75B$3.20B$3.56B$2.88B$3.63B$3.10B$3.33B$3.01B$3.32B$2.62B$2.82B$3.07B$3.27B$2.58B$3.09B$2.97B$3.38B
# Analysts2222111124224422111122285510744
Surprise %-------------0.91%0.89%1.08%1.33%1.06%-1.10%1.08%1.02%1.14%1.22%0.93%0.95%0.97%0.88%0.92%0.87%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts2222111124224422111122285510744
EBITDA-------------$1.58B$1.03B$1.21B$1.16B$1.54B-$1.12B$1.01B$1.44B$1.02B$1.08B$990.00M$1.40B$971.00M$970.00M$960.00M$1.27B
Avg Forecast$1.19B$1.17B$1.16B$1.14B$1.12B$1.11B$1.16B$1.42B$1.28B$1.33B$1.11B$1.33B$1.36B$1.37B$1.15B$1.21B$1.04B$1.65B$1.05B$1.10B$1.01B$1.50B$987.43M$973.77M$1.01B$1.30B$849.62M$1.03B$924.44M$1.29B
High Forecast$1.28B$1.26B$1.24B$1.22B$1.21B$1.19B$1.24B$1.53B$1.37B$1.37B$1.20B$1.60B$1.44B$1.46B$1.23B$1.46B$1.11B$1.98B$1.05B$1.32B$1.22B$1.80B$1.18B$1.17B$1.21B$1.56B$1.02B$1.24B$1.11B$1.55B
Low Forecast$1.12B$1.11B$1.09B$1.08B$1.06B$1.05B$1.09B$1.34B$1.21B$1.30B$1.05B$1.07B$1.24B$1.27B$1.08B$970.28M$977.98M$1.32B$1.05B$882.07M$810.40M$1.20B$789.94M$779.02M$806.40M$1.04B$679.70M$827.73M$739.56M$1.03B
Surprise %-------------1.16%0.90%1.00%1.12%0.93%-1.02%1.00%0.96%1.04%1.11%0.98%1.08%1.14%0.94%1.04%0.98%

4 analysts predict XEL's average Quarter EBITDA for Dec 23 to be $1.36B, with a high of $1.44B and a low of $1.24B. This is -14.20% lower than Xcel Energy's previous annual EBITDA (Sep 23) of $1.58B.

Xcel Energy Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts2222111124224422111122285510744
Net Income-------------$656.00M$288.00M$418.00M$379.00M$649.00M-$380.00M$315.00M$609.00M$311.00M$362.00M$288.00M$603.00M$287.00M$295.00M$292.00M$527.00M
Avg Forecast$540.29M$852.21M$395.47M$518.01M$507.05M$774.23M$378.53M$498.64M$459.56M$735.70M$317.75M$446.28M$473.74M$703.96M$314.82M$405.71M$377.58M$698.29M$337.44M$368.82M$315.00M$634.81M$299.89M$326.39M$293.24M$557.49M$251.12M$314.67M$281.19M$537.23M
High Forecast$592.26M$934.19M$433.51M$567.84M$555.83M$848.71M$414.94M$546.61M$503.76M$763.78M$348.32M$535.53M$496.03M$731.68M$345.10M$486.85M$413.91M$837.94M$337.44M$442.59M$378.00M$761.77M$359.87M$391.67M$351.88M$668.99M$301.35M$377.60M$337.42M$644.68M
Low Forecast$501.47M$790.98M$367.06M$480.79M$470.62M$718.60M$351.33M$462.82M$426.54M$702.00M$294.92M$357.02M$462.59M$676.25M$292.20M$324.56M$350.45M$558.63M$337.44M$295.06M$252.00M$507.84M$239.91M$261.11M$234.59M$445.99M$200.90M$251.73M$224.95M$429.79M
Surprise %-------------0.93%0.91%1.03%1.00%0.93%-1.03%1.00%0.96%1.04%1.11%0.98%1.08%1.14%0.94%1.04%0.98%

Xcel Energy's average Quarter net income forecast for Dec 23 is $473.74M, with a range of $462.59M to $496.03M. XEL's average Quarter net income forecast represents a -27.78% decrease compared to the company's last Quarter net income of $656.00M (Sep 23).

Xcel Energy SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts2222111124224422111122285510744
SG&A------------------------------
Avg Forecast$63.23M$62.35M$61.47M$60.61M$59.76M$58.92M$61.62M$75.56M$68.09M$71.00M$59.31M$74.42M$72.28M$72.87M$61.04M$67.93M$55.09M$69.27M$55.92M$51.32M$46.51M$51.18M$40.42M$43.48M$47.36M$50.52M$39.87M$47.72M$45.87M$52.19M
High Forecast$67.91M$66.96M$66.02M$65.09M$64.18M$63.28M$66.18M$81.15M$73.13M$72.82M$63.70M$79.93M$76.83M$77.62M$65.55M$72.96M$59.16M$74.39M$55.92M$53.32M$48.33M$53.18M$42.00M$45.17M$49.21M$52.49M$41.43M$49.58M$47.65M$54.23M
Low Forecast$59.74M$58.90M$58.07M$57.26M$56.45M$55.66M$58.22M$71.38M$64.33M$69.19M$56.03M$70.31M$65.72M$67.62M$57.66M$64.18M$52.04M$65.44M$55.92M$49.91M$45.24M$49.78M$39.31M$42.28M$46.06M$49.13M$38.78M$46.41M$44.61M$50.76M
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts2222111124224422111122285510744
EPS-------------$1.19$0.52$0.76$0.69$1.19-$0.70$0.58$1.13$0.58$0.67$0.54$1.15$0.54$0.56$0.56$1.02
Avg Forecast$0.97$1.53$0.71$0.93$0.91$1.39$0.68$0.90$0.83$1.32$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$0.47$0.60$0.54$1.03
High Forecast$1.06$1.68$0.78$1.02$1.00$1.52$0.74$0.98$0.90$1.37$0.63$0.85$0.89$1.31$0.62$0.81$0.74$1.33$0.61$0.71$0.61$1.24$0.58$0.64$0.57$1.12$0.50$0.63$0.56$1.09
Low Forecast$0.90$1.42$0.66$0.86$0.84$1.29$0.63$0.83$0.77$1.26$0.53$0.72$0.83$1.21$0.52$0.68$0.63$1.13$0.61$0.65$0.56$1.14$0.54$0.58$0.52$1.03$0.46$0.58$0.52$1.00
Surprise %-------------0.94%0.92%1.03%1.02%0.98%-1.04%1.01%0.96%1.04%1.10%1.00%1.08%1.14%0.94%1.05%0.99%

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
CNPCenterPoint Energy$27.28$30.7012.54%Hold
XELXcel Energy$62.91$68.679.16%Buy
DTEDTE Energy Company$123.19$133.698.52%Buy
AEEAmeren$83.16$89.737.90%Buy
LNTAlliant Energy$58.58$61.004.13%Buy
FEFirstEnergy$44.19$44.570.86%Buy
EVRGEvergy$59.76$59.33-0.72%Buy
ETREntergy$121.90$119.63-1.86%Buy
AEPAmerican Electric Power Company$102.05$99.20-2.79%Buy
CMSCMS Energy$68.01$65.85-3.18%Buy
SOSouthern Company$88.41$75.27-14.86%Buy
PNWPinnacle West Capital$87.81$72.67-17.24%Buy
MGEEMGE Energy$86.40$71.00-17.82%Sell

XEL Forecast FAQ


Yes, according to 13 Wall Street analysts, Xcel Energy (XEL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 69.23% of XEL's total ratings.

Xcel Energy (XEL) average price target is $68.67 with a range of $57 to $80, implying a 9.16% from its last price of $62.91. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for XEL stock, the company can go up by 9.16% (from the last price of $62.91 to the average price target of $68.67), up by 27.17% based on the highest stock price target, and down by -9.39% based on the lowest stock price target.

XEL's average twelve months analyst stock price target of $68.67 does not support the claim that Xcel Energy can reach $90 in the near future.

1 Wall Street analyst forecast a $68 price target for Xcel Energy (XEL) this month, up 8.09% from its last price of $62.91. Compared to the last 3 and 12 months, the average price target increased by 4.91% and decreased by -0.45%, respectively.

Xcel Energy's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $14.18B (high $15.23B, low $13.39B), average EBITDA is $4.81B (high $5.16B, low $4.54B), average net income is $2.16B (high $2.37B, low $2B), average SG&A $255.85M (high $274.79M, low $241.71M), and average EPS is $3.88 (high $4.25, low $3.6). XEL's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $13.72B (high $14.74B, low $12.97B), average EBITDA is $4.65B (high $5B, low $4.4B), average net income is $2.31B (high $2.53B, low $2.14B), average SG&A $247.66M (high $265.98M, low $233.97M), and average EPS is $4.14 (high $4.54, low $3.84).

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 $4.84B by 1.39%. The company's net income was $1.74B, missing the average estimation of $1.78B by -2.59%. Apple's SG&A was $0, missing the average forecast of $231.6M 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 $1.37B by 15.60%. Xcel Energy's net income was $656M, missing the average estimation of $703.96M by -6.81%. 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%