Are Wall Street Analysts Bullish on Evergy Stock?
Shares of the Kansas City, Missouri-based company have outperformed the broader market over the past 52 weeks. EVRG stock has returned 22.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.1%. Moreover, shares of Evergy are up 17.7% on a YTD basis, compared to SPX's 8.6% gain.
More News from Barchart
'It Will Be the Biggest Product Ever': Elon Musk Says Tesla's Optimus Robots Will Be Bigger Than Even Robotaxi
Dear Archer Aviation Stock Fans, Mark Your Calendars for August 11
This Hidden-Gem AI Stock Has a Major Catalyst Coming on August 11
Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today!
Looking closer, the electric utility stock has also outpaced the Utilities Select Sector SPDR Fund's (XLU) 17.5% rise over the past 52 weeks.
Despite reporting better-than-expected Q2 2025 adjusted EPS of $0.82, Evergy's shares fell marginally on Aug. 7 due to a 17.2% drop in net income to $171.3 million, driven by higher operating and interest expenses. Weaker power demand from milder weather and a 6.38% decline in retail sales further pressured revenue, which slipped to $1.4 billion.
For the fiscal year ending in December 2025, analysts expect EVRG's EPS to grow nearly 5% year-over-year to $4. The company's earnings surprise history is mixed. It beat the consensus estimates in two of the last four quarters while missing on two other occasions.
Among the 13 analysts covering the stock, the consensus rating is a 'Strong Buy.' That's based on 11 'Strong Buy' ratings and two 'Holds.'
This configuration is slightly more bullish than three months ago, with 10 'Strong Buy' ratings on the stock.
On Aug. 8, Mizuho analyst Anthony Crowdell raised Evergy's price target to $77 and maintained an 'Outperform" rating, citing strong large-load customer demand.
As of writing, the stock is trading below the mean price target of $75.10. The Street-high price target of $79 implies a potential upside of 9.1%.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
Erreur lors de la récupération des données
Connectez-vous pour accéder à votre portefeuille
Erreur lors de la récupération des données
Erreur lors de la récupération des données
Erreur lors de la récupération des données
Erreur lors de la récupération des données
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Gizmodo
29 minutes ago
- Gizmodo
Elon Musk Says Apple Is Rigging the App Store for ChatGPT
Elon Musk has opened a fresh front in his ongoing feud with Big time he's targeting Apple. On Monday night, the Tesla and SpaceX CEO accused the iPhone maker of antitrust violations, claiming its App Store policies put his AI chatbot Grok, developed by xAI, at a disadvantage compared to rivals, particularly OpenAI's ChatGPT. 'Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store, which is an unequivocal antitrust violation,' Musk posted on X (formerly Twitter). 'xAI will take immediate legal action.' Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store, which is an unequivocal antitrust violation. xAI will take immediate legal action. — Elon Musk (@elonmusk) August 12, 2025Musk didn't elaborate on the legal strategy or confirm whether a lawsuit is already in motion. But his public offensive had begun earlier in the evening, as if he were building a case before a jury. 'Hey @Apple App Store, why do you refuse to put either 𝕏 or Grok in your 'Must Have' section when 𝕏 is the #1 news app in the world and Grok is #5 among all apps?' he wrote in another post. 'Are you playing politics? What gives? Inquiring minds want to know.' A quick check by Gizmodo found that ChatGPT is currently the No. 1 free app in the U.S. iOS App Store and the only AI chatbot featured in Apple's 'Must-Have Apps' section. Musk sees that as evidence of bias, and he's tying it to Apple's deeper ties with OpenAI. 'And why is ChatGPT literally in every list where you have editorial control?' he added in yet another post. Apple and OpenAI announced a partnership in June 2024 to integrate ChatGPT into iPhones, iPads, and Macs through Siri and system-wide writing tools. The deal gave OpenAI's chatbot unprecedented visibility and direct access to hundreds of millions of Apple users. And why is ChatGPT literally in every list where you have editorial control? — Elon Musk (@elonmusk) August 12, 2025Musk, who co-founded OpenAI in 2015 but left the company three years later after a falling-out, has since become one of its fiercest critics. His AI company, xAI, launched Grok in late 2023, branding it as an 'edgy' alternative to mainstream chatbots. Grok is integrated directly into X, the social platform Musk acquired in 2022. The spat with Apple adds to Musk's growing list of AI-related battles, including lawsuits, public feuds with former allies, and frequent claims that competitors are politically biased. Musk's threat marks the opening salvo in what could become a major new antitrust fight. Apple has long faced scrutiny and lawsuits from developers such as Epic Games, as well as regulators in the U.S. and Europe, who argue that its iron grip on the App Store amounts to an illegal monopoly. Now, Musk is repurposing those same arguments for the AI era. His complaint targets the core of Apple's App Store power: the ability to anoint winners and bury rivals through editorial curation and promotion. For an upstart like xAI, being sidelined while a competitor enjoys premium placement can be fatal. In Musk's view, Apple's promotion of ChatGPT is part of a cozy, potentially anti-competitive relationship with OpenAI. Apple did not immediately respond to Gizmodo's request for comment. It's Musk's classic strong arm move. He's done it before, yell loud enough, play the bully, and force your rival to the table. Now the question is whether Apple takes the bait or calls his bluff.
San Francisco Chronicle
an hour ago
- San Francisco Chronicle
Top amateur golfers compete in S.F. while reaping rewards of college sports' new world
Jackson Koivun sure looked like a professional golfer as he navigated the Olympic Club's Ocean Course on Monday. Koivun's crisp, white Auburn golf shirt included a Footjoy logo. His bag promoted Titleist, his equipment sponsor. He also wore an Old Republic logo on one sleeve and another touting Betterment, a New York-based digital investment platform. That designation carries a different meaning these days, of course, in the era of Name, Image and Likeness (NIL) deals and revenue sharing. The striking transformation of college sports stretches beyond football to reach top golfers such as Koivun, a 20-year-old who grew up in San Jose. So he and the world's other accomplished non-pros (technically) are openly displaying their corporate affiliations this week during the 125th U.S. Amateur in San Francisco – while they chase a prestigious title offering zero prize money. 'It's definitely a little weird,' Koivun said of that curious contrast, 'but it's the world we live in now.' This new world hinges on marketing and name recognition nearly as much as tournament titles. Estimates of Koivun's NIL valuation range from $1.4 million (according to Essentially Sports) to $1.55 million (Golf NIL), a byproduct of two terrific seasons at Auburn. He swept the sport's major awards last year as a freshman. Golf NIL's top 10 features largely the same standout college players who reside near the top of the world amateur ranking, including Michael La Sasso of Ole Miss and Virginia's Ben James. Also on the NIL list: Arkansas' John Daly II, son of the two-time major champion, and Florida's Luke Poulter, son of Ian Poulter, who won three events on the PGA Tour and 12 more on the European Tour. Daly II and the younger Poulter are solid college players who clearly benefit from their dads' fame (Daly II has 212,000 followers on Instagram). The same goes for Tiger Woods' son Charlie, who has an NIL valuation of $2.5 million as a rising high school junior. (Daly II and Poulter are in the field at Olympic, while Woods is not.) That's essentially a projection, though Koivun and James are among those directly benefiting now from the new landscape. 'NIL is great for us – it puts some money in our pocket, which is nice,' Koivun said. 'I'm just thankful I'm at a football school, because they bring in all the money.' Koivun lived in the Bay Area until age 17 and spent all but his senior year of high school at Mitty. Then his family moved to Chapel Hill, N.C., in part so he could be closer to Auburn. He's showing signs of becoming a PGA Tour star one day, in ways beyond his college success. Koivun has made six tour starts this year and finished in the top 11 three times, including a tie for sixth in one event and tie for fifth in another. Put another way: He's giving sponsors reason to bet on his future. James, who stands No. 2 in the world amateur ranking, played Monday's round dressed almost fully in Puma gear. (His caddie even wore a Puma golf hat.) Another key sponsor, Transcend Capital Advisors, has its logo prominently displayed on his bag. James, a senior, acknowledged how much the college golf scene has changed in his four years at Virginia. 'It's a lot different, for sure,' James said. 'I don't know whether it's good or bad. … But it's cool to see so many young college guys playing so well at the highest level.' Players such as James and Koivun hired agents in high school, a reality Koivun described as 'kind of crazy.' There's also this tangible effect of NIL: It probably plays a role in top golfers staying in school rather than bolt for the tour. (Just imagine what kind of NIL earning power Tiger Woods would have had at Stanford.) Koivun said the ability to earn money as a college golfer offers some incentive to stay. He will return to Auburn for his junior year. 'I'm just going to go (pro) whenever I'm ready,' he said. Poulter hired an agent only about two weeks ago, despite his surname and earning potential. His college career started slowly, in part because of a back injury, but he pocketed one victory and five top-10s last season at Florida, where he soon will begin his redshirt junior year. Poulter posted an even-par, opening-round 70 on the Ocean Course, putting himself in good position heading into Tuesday's play. 'I've kind of been trying to play my game and let all that happen,' Poulter said of landing NIL deals. 'So now, because I've been playing a little better, it's coming. … Sometimes, people can get too engrossed in it and their golf suffers.' Briefly: Koivun started strong, shooting 2-under 68 on the Ocean Course on Monday. … NHL referee Garrett Rank posted 2-over 72 on the Ocean. … The field will be cut from 312 players to 64 after Tuesday's round, with match play starting Wednesday on the Lake Course.
Business Insider
an hour ago
- Business Insider
Elon Musk is threatening to sue Apple for what he says are antitrust violations related to Grok's rankings
Elon Musk says he will sue Apple over the X and Grok apps' ranking on the App Store. Musk called Apple's behavior an "unequivocal antitrust violation." OpenAI's ChatGPT is ranked first on Apple's App Store, while Grok is ranked fifth.
