
Minneapolis, Minnesota-based Xcel Energy Inc. (XEL) engages in the generation, purchasing, transmission, distribution, and sale of electricity in the United States. With a market cap of $39.9 billion, the company operates through Regulated Electric Utility and Regulated Natural Gas Utility segments.
XEL is set to deliver its second-quarter results before the markets open on Thursday, July 31. Ahead of the event, analysts expect the utility giant to report an adjusted EPS of $0.62, up 14.8% from $0.54 reported in the year-ago quarter. However, the company has failed to surpass the Street’s bottom-line expectations in each of the past four quarters, which is disappointing.
For the current year, XEL is expected to report an adjusted EPS of $3.81, marking an 8.9% increase from $3.50 reported in fiscal 2024.

XEL shares have soared 25.9% over the past 52 weeks, outperforming the S&P 500 Index’s ($SPX) 12.7% returns and the Utility Select Sector SPDR Fund’s (XLU) 17.5% gains during the same time frame.

XEL shares fell 1.8% on Apr. 24 after the company reported Q1 2025 earnings. The company’s revenues increased 7.1% year-over-year to $3.9 billion but fell short of analyst expectations. Moreover, its adjusted EPS declined 4.5% year-over-year to $0.84 and failed to touch the consensus estimates by 9.7%.
The consensus view on XEL stock remains highly optimistic, with a “Strong Buy” rating overall. Of the 15 analysts covering the stock, opinions include 11 “Strong Buys” and four “Holds.” XEL’s mean price target of $77.14 indicates a 10.8% upswing from the current market prices.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.