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CenterPoint Energy Posts Strong Q1 Results, Reaffirms Outlook

Story Highlights
  • CenterPoint posted higher Q1 2026 earnings and reaffirmed its 2026 non-GAAP EPS guidance midpoint near $1.90.
  • The utility outlined 12.2 GW of committed industrial load and rising Houston data center demand, underpinning long-term growth and customer savings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CenterPoint Energy Posts Strong Q1 Results, Reaffirms Outlook

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Centerpoint Energy ( (CNP) ) has shared an update.

CenterPoint Energy reported strong first-quarter 2026 results on April 23, 2026, posting GAAP earnings of $0.48 per diluted share and non-GAAP earnings of $0.56, up from $0.45 and $0.53, respectively, a year earlier. Management attributed the improvement primarily to growth and regulatory recovery, reiterated its 2026 non-GAAP EPS guidance range midpoint of $1.89–$1.91, and outlined assumptions driving that outlook.

The company also highlighted accelerating demand at its Houston Electric business, disclosing 12.2 gigawatts of firmly committed industrial load and projecting 8 gigawatts of data center load to be energized by 2029, with 3.5 gigawatts already under construction. CenterPoint said this concentration of new large-load customers in Greater Houston underpins one of the sector’s most tangible growth plans and could support about $4 billion in customer savings over the next decade through scale and affordability gains.

The most recent analyst rating on (CNP) stock is a Buy with a $47.00 price target. To see the full list of analyst forecasts on Centerpoint Energy stock, see the CNP Stock Forecast page.

Spark’s Take on CNP Stock

According to Spark, TipRanks’ AI Analyst, CNP is a Neutral.

The score is primarily held back by structurally negative free cash flow and elevated leverage (financial performance), despite a constructive technical uptrend. Offsetting these risks, the latest earnings call was notably positive with reaffirmed growth guidance, accelerating Houston load outlook, and funding/tax actions that improve longer-term capital plan support, while valuation remains only middling given the higher P/E and low dividend yield.

To see Spark’s full report on CNP stock, click here.

More about Centerpoint Energy

CenterPoint Energy, Inc. is a U.S. regulated utility that provides electric transmission and distribution as well as natural gas distribution services, with a significant presence in the Greater Houston area. Through its Houston Electric operations, the company focuses on serving rapidly growing industrial and data center customers, positioning itself as a key infrastructure provider for large-load connections and regional economic expansion.

Average Trading Volume: 5,326,314

Technical Sentiment Signal: Buy

Current Market Cap: $27.58B

For an in-depth examination of CNP stock, go to TipRanks’ Overview page.

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