Xcel Energy (NASDAQ:XEL) Issues FY 2026 Earnings Guidance

Xcel Energy (NASDAQ:XEL) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 4.040-4.16 for the period, compared to the consensus earnings per share estimate of 4.110. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of equities research analysts have commented on XEL shares. BTIG Research set a $94.00 price objective on Xcel Energy in a research note on Friday, January 30th. Argus set a $86.00 target price on Xcel Energy in a report on Thursday, March 12th. Weiss Ratings raised shares of Xcel Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 20th. BMO Capital Markets boosted their price target on shares of Xcel Energy from $90.00 to $94.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. Finally, Mizuho set a $86.00 price objective on shares of Xcel Energy in a report on Friday, January 9th. Four research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, Xcel Energy currently has a consensus rating of “Buy” and an average price target of $90.88.

Xcel Energy Stock Performance

Shares of XEL opened at $82.58 on Friday. The firm has a market capitalization of $51.54 billion, a P/E ratio of 24.15, a P/E/G ratio of 2.15 and a beta of 0.41. Xcel Energy has a 52 week low of $65.21 and a 52 week high of $84.23. The stock has a 50 day moving average price of $80.70 and a two-hundred day moving average price of $78.73. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.60 and a current ratio of 0.71.

Xcel Energy (NASDAQ:XEL) last posted its earnings results on Thursday, April 30th. The company reported $0.91 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.91. The company had revenue of $4.02 billion for the quarter, compared to analyst estimates of $4.21 billion. Xcel Energy had a return on equity of 10.60% and a net margin of 14.14%.The company’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the company earned $0.84 earnings per share. Xcel Energy has set its FY 2026 guidance at 4.040-4.16 EPS. Equities analysts forecast that Xcel Energy will post 4.11 earnings per share for the current fiscal year.

Xcel Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 20th. Investors of record on Friday, March 13th were issued a dividend of $0.5925 per share. This represents a $2.37 annualized dividend and a yield of 2.9%. This is a boost from Xcel Energy’s previous quarterly dividend of $0.57. The ex-dividend date was Friday, March 13th. Xcel Energy’s dividend payout ratio is presently 69.30%.

Trending Headlines about Xcel Energy

Here are the key news stories impacting Xcel Energy this week:

• Positive Sentiment: Underlying earnings improved year-over-year — ongoing EPS was $0.91 (GAAP $0.89) vs $0.84 a year ago, showing earnings momentum despite headwinds. Xcel Energy First Quarter 2026 Earnings Report
• Positive Sentiment: Operations showed resilience: stronger electricity sales and recovery of electric infrastructure investments helped offset unusually warm weather and higher financing costs — supports regulated-utility cash flows and rate-recovery mechanics. Reuters: Xcel narrowly beats profit estimates
• Neutral Sentiment: Q1 operating/ongoing EPS of $0.91 matched Street estimates — the beat/miss headline was neutral on EPS, and management hosted a call with slide deck/transcript for detail. Yahoo: Xcel Energy Q1 2026 Earnings Transcript
• Negative Sentiment: Revenue missed expectations — reported $4.02B vs. analyst estimates near $4.21B, which pressures top-line growth narratives and likely weighs on near-term sentiment. Zacks: Xcel Q1 Earnings Match, Revenues Miss
• Negative Sentiment: FY‑2026 EPS guidance was set to $4.04–4.16, slightly below the consensus (~$4.11), creating downward pressure on estimates and the stock’s near‑term valuation (investors often re-price utilities when guidance misses).
• Negative Sentiment: Analyst action: Morgan Stanley trimmed its price target modestly ($93 → $92), reflecting broader utility valuation revisions — incremental negative for sentiment/target-based selling. InsiderMonkey: Why XEL remains on Wall Street’s radar

Institutional Trading of Xcel Energy

A number of hedge funds have recently bought and sold shares of the business. Brighton Jones LLC bought a new stake in Xcel Energy in the fourth quarter worth about $240,000. Parkside Financial Bank & Trust grew its position in shares of Xcel Energy by 20.0% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,894 shares of the company’s stock valued at $140,000 after acquiring an additional 316 shares during the period. Summit Securities Group LLC grew its position in shares of Xcel Energy by 826.6% during the 4th quarter. Summit Securities Group LLC now owns 1,779 shares of the company’s stock valued at $131,000 after acquiring an additional 1,587 shares during the period. Brown Brothers Harriman & Co. increased its stake in shares of Xcel Energy by 45.3% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,497 shares of the company’s stock worth $121,000 after purchasing an additional 467 shares during the last quarter. Finally, Intesa Sanpaolo Wealth Management purchased a new stake in shares of Xcel Energy during the 4th quarter worth approximately $108,000. 78.38% of the stock is currently owned by institutional investors.

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.