Xcel Energy Inc. (XEL)

Xcel Energy Stock Forecast

Stock Price Forecast

The 14 analysts that cover Xcel Energy stock have a consensus rating of "Buy" and an average price target of $84.36, which forecasts a 1.20% increase in the stock price over the next year. The lowest target is $77 and the highest is $92.

Price Target: $84.36 (+1.20%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$77	$84.36	$87	$92
Change	-7.63%	+1.20%	+4.37%	+10.36%

Analyst Ratings

The average analyst rating for Xcel Energy stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	2	2	2	2	2	3
Buy	7	8	8	8	8	8
Hold	3	4	4	4	4	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	14	14	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
William Appicelli UBS	UBS	Hold → Strong Buy Upgrades $81 → $89	Hold → Strong Buy	Upgrades	$81 → $89	+6.77%	Feb 13, 2026
Nicholas Campanella Barclays	Barclays	Buy Maintains $85 → $82	Buy	Maintains	$85 → $82	-1.63%	Jan 15, 2026
William Appicelli UBS	UBS	Hold Maintains $86 → $81	Hold	Maintains	$86 → $81	-2.83%	Dec 17, 2025
Sophie Karp Keybanc	Keybanc	Buy Maintains $85 → $84	Buy	Maintains	$85 → $84	+0.77%	Dec 12, 2025
Jeremy Tonet JP Morgan	JP Morgan	Buy Maintains $90 → $87	Buy	Maintains	$90 → $87	+4.37%	Dec 11, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

16.21B

Increased by 10.52%

from 14.67B

Revenue Next Year

17.54B

Increased by 8.20%

from 16.21B

EPS This Year

4.16

Increased by 21.69%

from 3.42

EPS Next Year

4.57

Increased by 9.89%

from 4.16

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	13.43B	15.31B	14.21B	13.44B	14.67B	16.21B	17.54B
Revenue Growth	16.53%	13.99%	-7.21%	-5.39%	9.14%	10.52%	8.20%
EPS	2.96	3.17	3.21	3.44	3.42	4.16	4.57
EPS Growth	6.09%	7.10%	1.21%	7.18%	-0.54%	21.69%	9.89%
Forward PE	-	-	-	-	-	20.03	18.23
No. Analysts	-	-	-	-	-	20	18

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	17.8B	19.3B
Avg	16.2B	17.5B
Low	15.4B	16.3B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	21.1%	19.1%
Avg	10.5%	8.2%
Low	4.8%	0.5%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	4.37	4.85
Avg	4.16	4.57
Low	4.00	4.35

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	27.8%	16.6%
Avg	21.7%	9.9%
Low	16.9%	4.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.