Entergy’s Strong Financial Performance and Growth Prospects Earn ‘Buy’ Rating

BMO Capital analyst James Thalacker has reiterated their bullish stance on ETR stock, giving a Buy rating yesterday.

James Thalacker has given his Buy rating due to a combination of factors including Entergy’s strong financial performance and future growth prospects. The company reported earnings per share that exceeded expectations, demonstrating robust year-over-year growth. Management has reaffirmed its guidance for 2025 and projected a solid long-term earnings growth rate through 2028, which supports confidence in the company’s future performance.
Additionally, Entergy’s strategic initiatives, such as its capital plan and earnings outlook, have seen consecutive upward revisions, indicating a positive trajectory. The company’s industrial customer base remains strong, benefiting from favorable commodity spreads and low natural gas costs. Despite some market underperformance, these factors, along with a quiet regulatory calendar and anticipated large load announcements, make Entergy an attractive investment opportunity.

In another report released yesterday, Wells Fargo also reiterated a Buy rating on the stock with a $97.00 price target.