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Entergy ( (ETR) ) has shared an update.
On July 1, 2025, Entergy completed the sale of its natural gas distribution business to Delta Utilities, backed by Bernhard Capital Partners. The transaction, which involved the sale of Entergy New Orleans and Entergy Louisiana’s gas businesses, received all necessary regulatory approvals and is part of Entergy’s strategic focus on expanding its electric utility operations. This move is expected to enhance Entergy’s ability to invest in a more resilient energy future, while Delta Utilities takes over the management of gas services for approximately 204,000 homes and businesses in Baton Rouge and New Orleans.
The most recent analyst rating on (ETR) stock is a Buy with a $70.00 price target. To see the full list of analyst forecasts on Entergy stock, see the ETR Stock Forecast page.
Spark’s Take on ETR Stock
According to Spark, TipRanks’ AI Analyst, ETR is a Neutral.
Entergy’s overall stock score is driven by solid financial performance and promising earnings call insights, particularly regarding strategic growth initiatives. However, high leverage, valuation concerns, and technical weakness offset these strengths, suggesting a cautious outlook.
To see Spark’s full report on ETR stock, click here.
More about Entergy
Entergy Corporation is a Fortune 500 company headquartered in New Orleans, Louisiana, providing electric service to over 3 million customers across Arkansas, Louisiana, Mississippi, and Texas. The company is focused on investing in growth, reliability, and resilience of its energy system, with a commitment to cleaner energy generation, including modern natural gas, nuclear, and renewable energy. Entergy is recognized for its sustainability and corporate citizenship, delivering significant economic benefits to the communities it serves.
Average Trading Volume: 3,410,377
Technical Sentiment Signal: Buy
Current Market Cap: $35.53B
See more data about ETR stock on TipRanks’ Stock Analysis page.