The latest circulating updates on Xcel Energy (XEL) report a bustling range of activities. First, the company's Q2 earnings release is upcoming. Leading firms including Allianz Asset Management and Neo Ivy Capital Management have either reduced or taken new positions in XEL. Similarly, other corporations such as Diversify Advisory Services and Navellier & Associates have also invested significantly. Xcel's stock hit a 1-year high and the company revealed expansion plans in Texas and New Mexico.
The firm shows a promising potential in Artificial Intelligence and data center sphere, despite a level of debt. If an individual had invested in Xcel Energy a year ago, they would have realized a 29% gain. The company has initiated a 5,168 MW clean energy portfolio to manage the anticipated 40% surge in regional demand by 2030. Q1 earnings and revenues were reported to lag estimates. Despite this shortfall, Xcel Energy is positioning itself favourably among its peers and continues to reaffirm its 2025 guidance. The company is witnessing strong growth and expanding power demand.
Xcel Energy XEL News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sat, 26 Jul 2025 16:36:52 GMT - Rating 8 - Innovation 2 - Information 6 - Rumor 4
