Xcel Energy Inc. is expected to achieve about 9% annual earnings per share growth through 2030, driven by its $60 billion capital plan and data center contracts. However, the company faces risks from regulatory challenges and affordability concerns, especially in Colorado and Minnesota, which could impact allowed returns. The current valuation is near the high end of historical norms, leading the analyst to maintain a hold rating with a 2027 price target of $86. Investors are advised to consider buying only if the stock falls below $75 or after positive regulatory developments.
Xcel Energy is set to benefit from increasing U.S. electricity demand driven by data centers, industrial expansion, and electrification. The company has a $60 billion capital expenditure plan for 2026–2030 aimed at growing its rate base by 11% annual...
Xcel Energy has signed a groundbreaking electric service deal with Google that shifts the cost of powering Google's 750-megawatt Minnesota AI campus from residential and small-business ratepayers to Google itself. This arrangement is projected to sav...
