Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Xcel Energy ( (XEL) ) has issued an announcement.
In November 2024, Northern States Power Company, a subsidiary of Xcel Energy, filed for an electric rate increase in Minnesota, requesting a $491 million revenue boost over two years. The Minnesota Public Utilities Commission approved interim rates of $192 million for 2025. Various stakeholders, including the Minnesota Department of Commerce and Walmart, proposed adjustments to the rate request, focusing on reducing the return on equity and other expenses. A decision by the MPUC is anticipated in the third quarter of 2026.
The most recent analyst rating on (XEL) stock is a Hold with a $80.00 price target. To see the full list of analyst forecasts on Xcel Energy stock, see the XEL Stock Forecast page.
Spark’s Take on XEL Stock
According to Spark, TipRanks’ AI Analyst, XEL is a Neutral.
Xcel Energy’s overall stock score reflects a stable financial performance with strong profitability but high leverage and negative free cash flow. Positive technical indicators and strategic investments in infrastructure and renewable energy support a favorable outlook. However, valuation concerns and potential regulatory challenges from corporate events and earnings call risks temper the overall score.
To see Spark’s full report on XEL stock, click here.
More about Xcel Energy
Xcel Energy Inc. is a major utility company operating in the energy sector, primarily providing electricity and natural gas services. Its subsidiary, Northern States Power Company, operates in Minnesota, focusing on delivering reliable energy solutions to its customers.
Average Trading Volume: 3,214,209
Technical Sentiment Signal: Buy
Current Market Cap: $43.92B
See more data about XEL stock on TipRanks’ Stock Analysis page.