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The latest announcement is out from Evergy ( (EVRG) ).
On May 7, 2026, Evergy reported that first-quarter 2026 GAAP earnings rose to $151.5 million, or $0.64 per share, from $125.0 million, or $0.54 per share, a year earlier, with adjusted EPS climbing to $0.69 from $0.55. The company cited recovery of regulated investments, higher weather-normalized demand and increased large-customer revenues as key drivers despite mild winter weather and higher costs, declared a $0.6950 quarterly dividend, announced a fifth large-customer electric service agreement in its Kansas Central territory starting service under its premium LLPS tariff in 2027, and reaffirmed both its 2026 adjusted EPS guidance of $4.14–$4.34 and its 6%–8%+ long-term earnings growth target through 2030.
Evergy said the new large-customer agreement is part of its strategy to grow high-load usage while ensuring such customers pay a premium rate that covers their share of existing and new system costs, which the company expects will support affordability for existing customers and regional economic development. Management emphasized that, even with headwinds from mild weather and rising operations, maintenance, depreciation and amortization expenses, results keep the utility on track to meet its 2026 earnings objectives and to accelerate annual EPS growth to above 8% from 2028 through 2030, reinforcing confidence in its regulated growth model and investment plans.
The most recent analyst rating on (EVRG) stock is a Buy with a $97.00 price target. To see the full list of analyst forecasts on Evergy stock, see the EVRG Stock Forecast page.
Spark’s Take on EVRG Stock
According to Spark, TipRanks’ AI Analyst, EVRG is a Neutral.
The score is mainly constrained by middling financial quality driven by negative free cash flow and meaningful leverage, despite steady utility earnings. Offsetting positives include supportive technical momentum and a generally constructive earnings-call outlook with raised multi-year growth targets and strengthened contracted load visibility, while valuation is moderately favorable due to the dividend yield but not especially cheap on P/E.
To see Spark’s full report on EVRG stock, click here.
More about Evergy
Evergy, Inc., listed on Nasdaq as EVRG, is a regulated electric utility based in Kansas City, Missouri. The company supplies power to customers in its Midwest service territories, including its Kansas Central service area, and focuses on serving both residential users and large commercial and industrial customers under tailored tariffs such as its large load power service offering.
Average Trading Volume: 1,977,239
Technical Sentiment Signal: Buy
Current Market Cap: $18.65B
Learn more about EVRG stock on TipRanks’ Stock Analysis page.