Xcel Energy Inc. (XEL)

Xcel Energy Stock Forecast

Stock Price Forecast

The 12 analysts that cover Xcel Energy stock have a consensus rating of "Buy" and an average price target of $75.92, which forecasts a 6.08% increase in the stock price over the next year. The lowest target is $68 and the highest is $80.

Price Target: $75.92 (+6.08%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$68	$75.92	$77	$80
Change	-4.99%	+6.08%	+7.59%	+11.78%

* Price targets were last updated on Jun 18, 2025.

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	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	3	3	3	2	2	2
Buy	6	5	6	6	6	6
Hold	2	2	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	10	13	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Stephen Byrd Morgan Stanley	Morgan Stanley	Hold Maintains $78 → $77	Hold	Maintains	$78 → $77	+7.59%	Jun 18, 2025
Stephen Byrd Morgan Stanley	Morgan Stanley	Hold Maintains $79 → $78	Hold	Maintains	$79 → $78	+8.98%	May 22, 2025
Neil Kalton Wells Fargo	Wells Fargo	Buy Maintains $75 → $78	Buy	Maintains	$75 → $78	+8.98%	Apr 28, 2025
Anthony Crowdell Mizuho	Mizuho	Buy Maintains $70 → $74	Buy	Maintains	$70 → $74	+3.40%	Apr 28, 2025
Durgesh Chopra Evercore ISI Group	Evercore ISI Group	Buy Maintains $74 → $77	Buy	Maintains	$74 → $77	+7.59%	Apr 28, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

15.30B

Increased by 13.83%

from 13.44B

Revenue Next Year

16.29B

Increased by 6.48%

from 15.30B

EPS This Year

3.85

Increased by 11.97%

from 3.44

EPS Next Year

4.16

Increased by 8.16%

from 3.85

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	11.53B	13.43B	15.31B	14.21B	13.44B	15.30B	16.29B	17.32B
Revenue Growth	-0.03%	16.53%	13.99%	-7.21%	-5.39%	13.83%	6.48%	6.31%
EPS	2.79	2.96	3.17	3.21	3.44	3.85	4.16	4.50
EPS Growth	5.68%	6.09%	7.10%	1.21%	7.18%	11.97%	8.16%	7.98%
Forward PE	-	-	-	-	-	18.59	17.19	15.92
No. Analysts	-	-	-	-	-	18	18	15

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	17.9B	18.8B	19.7B
Avg	15.3B	16.3B	17.3B
Low	13.6B	14.6B	16.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	32.9%	23.0%	20.7%
Avg	13.8%	6.5%	6.3%
Low	1.0%	-4.6%	-1.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	4.04	4.41	4.85
Avg	3.85	4.16	4.50
Low	3.69	3.91	4.18

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	17.6%	14.5%	16.5%
Avg	12.0%	8.2%	8.0%
Low	7.4%	1.6%	0.5%

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.