Xcel Energy (XEL) has recently been met with an increased
rating to
Buy (B-) at Weiss Ratings, owing to expected growth in its earnings. Further strength can been seen after a share price rally of 10% in a single month. Fueling its bullish momentum, Xcel Energy's new president, Bria Shea, leads operations within Minnesota, North and South Dakota. Forecasts anticipate earnings to be announced later this week. Major financial institutions are also ramping up their shares. DeDora Capital decreased its holdings, whereas Endeavor Private Wealth Inc. purchased 4,283 shares of Xcel Energy. Evercore ISI and BTIG have initiated coverage of Xcel with an
Outperform and
Buy rating, respectively, evidencing strong confidence in the company's performance. Jefferies also maintains their buy recommendation for the company, further bolstering expectations. Another positive indicator for Xcel was a large increase in short interest. Notably, Xcel Energy has decided to issue $900M junior subordinated notes. Additionally, Xcel has managed to resolve all litigation related to the 2021 Marshall Fire which has shown to be a game-changer. Lastly, renewed investments in clean power are keeping Xcel's momentum going, while the company is standing by its 2025 guidance amid rising sales and expectations from earnings reports. It also received an upgrade from TD Cowen to
Strong-Buy.
Xcel Energy XEL News Analytics from Thu, 24 Apr 2025 07:00:00 GMT to Sat, 25 Oct 2025 20:11:53 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor 1
