Xcel Energy Inc. — Wall Street Analyst Estimates & Price Targets

XEL

NASDAQUtilitiesRegulated ElectricCIK 0000072903my.xcelenergy.com/sAbout XEL

Last close · Oct 16, 202676.31+1.19 (+1.58%)

Market cap$47.7B

8 firms' latest targets, last 90 days: median $87.00 ($77.00–$99.00), 14% above the last close.

Price and published targets

daily close, 12 months · each dot a target, a firm's latest darker

Each firm's latest target

last 90 days · 8 firms

Date	Firm	Target	Previous	Change	Vs price then	Vs price now
2026-10-15	Barclays	$85.00	$90.00	▼ 6%	+13%	+11%
2026-10-14	Truist	$87.00	$88.00	▼ 1%	+17%	+14%
2026-10-13	KeyBanc	$87.00	$90.00	▼ 3%	+17%	+14%
2026-09-29	Scotiabank	$77.00	—	—	+11%	+1%
2026-09-18	Morgan Stanley	$83.00	$89.00	▼ 7%	+14%	+9%
2026-07-31	BTIG	$99.00	$98.00	▲ 1%	+26%	+30%
2026-07-31	Mizuho Securities	$92.00	$86.00	▲ 7%	+18%	+21%
2026-07-22	BMO Capital	$92.00	$90.00	▲ 2%	+15%	+21%

Consensus estimates

revenue and EPS by fiscal year · reported years marked

FY	Revenue	YoY	EPS	YoY	Revenue range	EPS range	Analysts
2023reported	$15.1B	—	$3.21	+1%	est. $15.1B	est. $3.35	7
2024reported	$14.5B	—	$3.44	+7%	est. $14.5B	est. $3.55	8
2025reported	$14.7B	—	$3.42	-1%	est. $14.7B	est. $3.81	8
2026	$15.6B	—	$4.13	+8%	$15.2B–$16.0B	$4.10–$4.19	10
2027	$17.2B	+10%	$4.55	+10%	$16.7B–$17.5B	$4.45–$4.65	11
2028	$18.6B	+8%	$5.04	+11%	$17.6B–$19.6B	$4.81–$5.18	13
2029	$20.1B	+8%	$5.50	+9%	$19.2B–$21.2B	$5.18–$5.89	11
2030	$21.3B	+6%	$5.94	+8%	$20.4B–$22.5B	$5.59–$6.36	6

A reported year shows the company's figures, with the consensus beside it (revenue against it in %). Reported EPS is GAAP diluted; the analysts' EPS usually leaves items such as stock compensation out, so the two are not like for like. Faded: a year the valuation models do not read — they read the first 3, and a later one only while 10 or more analysts cover every year up to it — or one under 5 analysts.

The analysts at a glance

$87.00median target, 14% above the last close

Firms with a target · last 90 days: 8
Lowest – highest target: $77.00 – $99.00
Current grades of 10 firms: positive / neutral / negative: 9 / 1 / 0
Upgrades / downgrades · 12 months: 1 / 0
Consensus revenue growth · next 3 FY: +17% a year

Current grades

each firm's latest · 10 firms

As of	Firm	Grade
2026-10-15	Barclays	“Overweight”
2026-10-14	Truist	“Buy”
2026-10-13	Keybanc	“Overweight”
2026-09-18	Morgan Stanley	“Equal Weight”
2026-07-22	BMO Capital	“Outperform”
2026-07-16	J.P. Morgan	“Overweight”
2026-06-23	Mizuho	“Outperform”
2026-05-04	Evercore ISI	“Outperform”
2026-04-20	UBS	“Buy”
2025-11-03	Citigroup	“Buy”

Grade changes

last 24 months · 5

Date	Firm	Grade
2026-02-13	UBS	“Neutral” → “Buy” upgrade
2025-09-22	BMO Capital	“Market Perform” → “Outperform” upgrade
2025-01-13	Wells Fargo	“Equal Weight” → “Overweight” upgrade
2024-12-12	J.P. Morgan	“Neutral” → “Overweight” upgrade
2024-11-01	Jefferies	“Hold” → “Buy” upgrade

52 older than 24 months

2024-08-26	Argus Research	“Hold” → “Buy” upgrade
2024-03-11	Wolfe Research	“Peer Perform” → “Outperform” upgrade
2024-03-11	Barclays	“Equal Weight” → “Overweight” upgrade
2023-10-06	Bank of America	“Neutral” → “Buy” upgrade
2023-08-22	Bank of America	“Buy” → “Neutral” downgrade
2023-06-22	BMO Capital	“Outperform” → “Market Perform” downgrade
2023-06-02	J.P. Morgan	“Overweight” → “Neutral” downgrade
2023-06-02	Wolfe Research	“Outperform” → “Peer Perform” downgrade
2022-11-21	Credit Suisse	“Outperform” → “Neutral” downgrade
2022-10-20	Wolfe Research	“Peer Perform” → “Outperform” upgrade
2022-01-25	Evercore ISI	“In Line” → “Outperform” upgrade
2022-01-10	Mizuho	“Neutral” → “Buy” upgrade
2021-11-22	BMO Capital	“Market Perform” → “Outperform” upgrade
2021-10-29	Bank of America	“Neutral” → “Buy” upgrade
2021-10-19	Morgan Stanley	“Underweight” → “Equal Weight” upgrade
2021-10-13	Goldman Sachs	“Neutral” → “Buy” upgrade
2021-10-01	Barclays	“Equal Weight” → “Overweight” upgrade
2020-08-25	Argus Research	“Buy” → “Hold” downgrade
2020-05-13	Morgan Stanley	“Equal Weight” → “Underweight” downgrade
2020-04-24	Wells Fargo	“Overweight” → “Equal Weight” downgrade
2020-02-20	BMO Capital	“Market Perform” → “Perform” revised
2020-01-31	Bank of America	“Underperform” → “Neutral” upgrade
2019-09-30	Bank of America	“Neutral” → “Underperform” downgrade
2019-08-13	Barclays	“Overweight” → “Equal Weight” downgrade
2018-11-02	Mizuho	“Buy” → “Neutral” downgrade
2018-09-21	Morgan Stanley	“Overweight” → “Equal Weight” downgrade
2018-06-20	Bank of America	“Buy” → “Neutral” downgrade
2018-05-05	Argus	“Hold” → “Buy” upgrade
2018-03-27	Mizuho	“Neutral” → “Buy” upgrade
2018-02-13	Morgan Stanley	“Equal Weight” → “Overweight” upgrade
2016-12-02	Barclays	“Overweight” → “Equal Weight” downgrade
2016-09-19	UBS	“Sell” → “Neutral” upgrade
2016-06-16	J.P. Morgan	“Neutral” → “Overweight” upgrade
2016-03-02	Baird	“Outperform” → “Neutral” downgrade
2016-02-03	UBS	“Neutral” → “Sell” downgrade
2016-01-29	Macquarie	“Outperform” → “Neutral” downgrade
2015-04-17	Argus	“Hold” → “Buy” upgrade
2015-03-25	Baird	“Neutral” → “Outperform” upgrade
2015-03-24	Barclays	“Equal Weight” → “Overweight” upgrade
2015-01-09	RBC Capital	“Outperform” → “Sector Perform” downgrade
2014-12-09	Macquarie	“Neutral” → “Outperform” upgrade
2014-12-02	J.P. Morgan	“Underperform” → “Neutral” upgrade
2014-12-01	Baird	“Outperform” → “Neutral” downgrade
2014-03-20	Goldman Sachs	“Neutral” → “Sell” downgrade
2013-12-03	Goldman Sachs	“Buy” → “Neutral” downgrade
2013-09-11	Jefferies	“Hold” → “Buy” upgrade
2013-08-21	J.P. Morgan	“Neutral” → “Underweight” downgrade
2013-04-03	Goldman Sachs	“Neutral” → “Buy” upgrade
2013-01-17	Morgan Stanley	“Overweight” → “Equal Weight” downgrade
2012-12-12	Macquarie	“Outperform” → “Neutral” downgrade
2012-05-15	Jefferies	“Buy” → “Hold” downgrade
2012-05-14	Baird	“Neutral” → “Outperform” upgrade

Targets, grades and estimates are quoted from third parties (via Financial Modeling Prep) and are theirs, not ours; each target links to the report it was published in. A firm counts once, at its latest target or grade.