Barclays Remains a Buy on Xcel Energy (XEL)
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
According to TipRanks, Campanella is a 5-star analyst with an average return of 9.1% and a 65.32% success rate. Campanella covers the Utilities sector, focusing on stocks such as Centerpoint Energy, Evergy, and Edison International.
Xcel Energy has an analyst consensus of Strong Buy, with a price target consensus of $76.25, which is an 8.34% upside from current levels. In a report released yesterday, TR | OpenAI – 4o also upgraded the stock to a Buy with a $77.00 price target.
Based on Xcel Energy's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.91 billion and a net profit of $483 million. In comparison, last year the company earned a revenue of $3.66 billion and had a net profit of $488 million
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
What Are Wall Street Analysts' Target Price for CenterPoint Energy Stock?
CenterPoint Energy, Inc. (CNP), headquartered in Houston, Texas, engages in the business of power generation and distribution. Valued at $23.7 billion by market cap, the company conducts activities in electricity transmission and distribution, natural gas distribution, interstate pipeline and gathering operations, and power generation. Shares of this leading electricity and natural gas provider have outperformed the broader market over the past year. CNP has gained 49.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 21.1%. In 2025, CNP stock is up 21.7%, surpassing SPX's 7.9% gains on a YTD basis. More News from Barchart This Dividend Stock Yields Almost 7.5% and Looks Set To Gain from Trump's Trade Deals: Time to Buy? Outlook for Hot US Temps Boosts Nat-Gas Prices Crude Prices Retreat on Claims of Progress in Ending Russian-Ukraine War 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! Zooming in further, CNP's outperformance is also apparent compared to the Utilities Select Sector SPDR Fund (XLU). The exchange-traded fund has gained about 16.8% over the past year. Moreover, CNP's returns on a YTD basis outshine the ETF's 13.1% gains over the same time frame. On Jul. 24, CNP shares closed up by 1.9% after reporting its Q2 results. Its adjusted EPS of $0.29 lagged the consensus estimate by 14.7%. The company's revenues were $1.9 billion, beating the consensus estimate by a whisker. For the current fiscal year, ended in December, analysts expect CNP's EPS to grow 8% to $1.75 on a diluted basis. The company's earnings surprise history is disappointing. It missed the consensus estimates in three of the last four quarters while meeting the forecast on another occasion. Among the 17 analysts covering CNP stock, the consensus is a 'Moderate Buy.' That's based on six 'Strong Buy' ratings, and 11 'Holds.' This configuration is less bullish than two months ago, with seven analysts suggesting a 'Strong Buy.' On Jul. 29, Barclays PLC (BCS) analyst Nicholas Campanella kept an 'Equal Weight' rating on CNP and raised the price target to $39, implying a potential upside of 1% from current levels. The mean price target of $40.07 represents a 3.8% premium to CNP's current price levels. The Street-high price target of $44 suggests an upside potential of 14%. On the date of publication, Neha Panjwani 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 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 hours ago
- Yahoo
Astera Labs price target raised to $160 from $120 at Northland
Northland raised the firm's price target on Astera Labs (ALAB) to $160 from $120 and keeps a Market Perform rating on the shares. The ramp of the Scorpio P PCIe switch for scale-out in AI racks drove revenue upside and the firm expects continued momentum driven by new products, diversification of AI platforms, and increasing content, but maintains its rating due to valuation. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on ALAB: Disclaimer & DisclosureReport an Issue Why Is Astera Labs Stock (ALAB) Gaining Traction Today? Astera Labs price target raised to $160 from $105 at Deutsche Bank Astera Labs Reports Strong Q2 2025 Financial Results Closing Bell Movers: Snap down 17%, Super Micro down 16% on earnings Astera Labs reports Q2 EPS 44c, consensus 32c
Yahoo
4 hours ago
- Yahoo
AMD Falls on Q2 Miss, But Wall Street Sees $200 Upside
Aug 7 - Advanced Micro Devices (NASDAQ:AMD) took a 6% dip following its Q2 results, but Wall Street isn't backing away. The chipmaker posted record revenue of $7.7 billion in the quarter, though profits faced pressure from an $800 million inventory write-down, partly linked to U.S. export restrictions on its MI308 AI chips. Despite the stock slide, analysts remain optimistic. Piper Sandler's Harsh Kumar bumped his price target to $190 from $140, citing strong momentum in AMD's data center business. He highlighted the MI350 GPU ramp as a key growth engine, forecasting $1.8 billion in GPU revenue in Q3 alone. Barclays' Tom O'Malley went even further, raising his target to $200 from $130. He sees MI-series chips hitting a $2.3 billion run rate by year-end and predicts data center revenue could top $10 billion by 2026. Warning! GuruFocus has detected 6 Warning Signs with AMD. While Gaming may cool in Q4, analysts expect the MI350 to carry AMD through 2026 with multiple growth levers in place. Is AMD Stock a Buy? Based on the one year price targets offered by 42 analysts, the average target price for Advanced Micro Devices Inc is $178.37 with a high estimate of $223.00 and a low estimate of $120.00. The average target implies a upside of +9.35% from the current price of $163.12. Based on GuruFocus estimates, the estimated GF Value for Advanced Micro Devices Inc in one year is $170.24, suggesting a upside of +4.36% from the current price of $163.12. Gf value is Gurufocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. For deeper insights, visit the forecast page. This article first appeared on GuruFocus. Sign in to access your portfolio
