Xcel Energy (XEL) continues to draw attention from various analysts and investment organizations.
UBS maintained a hold rating on the company, while
Evercore ISI Group initiated coverage with an outperform recommendation. Recent actions include the acquisition of XEL shares by different firms like
Strong Tower Advisory Services,
Endeavor Private Wealth, and
Janney Montgomery Scott among others. The company successfully completed a
$900 million issuance of Junior Subordinated Notes. Legally, Xcel Energy cleared a significant hurdle, having signed off on a
$640 million Marshall Fire settlement, thereby eliminating a legal cloud hanging over its financial future. Earnings forecasts have been issued for
2025, although some estimates were not met, which are currently affecting the share prices. However, the stock price was lifted with an announcement of a
new offering of $900 million 6.25% junior subordinated notes. In terms of business development, a new growth narrative is forming as the company plans a
5 GW expansion in Texas and New Mexico. Moreover, Xcel Energy is about to acquire natural gas turbines from
Siemens Energy for two new power plants while also preparing to release Q2 earnings.
Xcel Energy XEL News Analytics from Fri, 07 Mar 2025 08:00:00 GMT to Sat, 11 Oct 2025 12:30:00 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor -5
