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 $79.42, which forecasts a -0.50% decrease in the stock price over the next year. The lowest target is $76 and the highest is $84.

Price Target: $79.42 (-0.50%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$76	$79.42	$80	$84
Change	-4.79%	-0.50%	+0.23%	+5.24%

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	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25
Strong Buy	3	2	2	2	2	2
Buy	6	6	6	6	6	7
Hold	4	4	4	4	4	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	12	12	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nicholas Campanella Barclays	Barclays	Buy Maintains $72 → $81	Buy	Maintains	$72 → $81	+1.48%	Sep 29, 2025
David Arcaro Morgan Stanley	Morgan Stanley	Hold Maintains $81 → $80	Hold	Maintains	$81 → $80	+0.23%	Sep 25, 2025
Julien Dumoulin-Smith B of A Securities	B of A Securities	Strong Buy Maintains $78 → $84	Strong Buy	Maintains	$78 → $84	+5.24%	Sep 25, 2025
James Thalacker BMO Capital	BMO Capital	Buy Maintains $80 → $84	Buy	Maintains	$80 → $84	+5.24%	Sep 25, 2025
Anthony Crowdell Mizuho	Mizuho	Buy Maintains $78 → $80	Buy	Maintains	$78 → $80	+0.23%	Sep 24, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

15.18B

Increased by 12.93%

from 13.44B

Revenue Next Year

16.18B

Increased by 6.61%

from 15.18B

EPS This Year

3.86

Increased by 12.11%

from 3.44

EPS Next Year

4.16

Increased by 8.03%

from 3.86

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	11.53B	13.43B	15.31B	14.21B	13.44B	15.18B	16.18B
Revenue Growth	-0.03%	16.53%	13.99%	-7.21%	-5.39%	12.93%	6.61%
EPS	2.79	2.96	3.17	3.21	3.44	3.86	4.16
EPS Growth	5.68%	6.09%	7.10%	1.21%	7.18%	12.11%	8.03%
Forward PE	-	-	-	-	-	20.71	19.17
No. Analysts	-	-	-	-	-	17	17

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
Avg	15.2B	16.2B
Low	13.7B	14.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	32.9%	24.0%
Avg	12.9%	6.6%
Low	1.8%	-3.0%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	4.04	4.40
Avg	3.86	4.16
Low	3.69	3.91

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	17.6%	14.1%
Avg	12.1%	8.0%
Low	7.4%	1.4%

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.