In 2026, the utilities sector has seen limited growth, with the State Street Utilities Select Sector SPDR ETF up only 1.6%. However, Southern Company and Duke Energy have reported healthy earnings with double-digit percentage increases and reaffirmed their positive outlooks for the year. Southern Company offers greater long-term price potential, while Duke Energy is more advanced in clean energy contributions, positioning it well for the future. Both stocks are currently fairly valued in the short term, making them notable options for investors interested in the green economy and utility sector growth.
Duke Energy Corporation's stock is projected to rise about 8.26% to a price target of $127, down slightly from $133, reflecting confidence despite a recent price dip. The company expects a 4.42% increase in earnings per share to $1.89 and a 3.86% ris...
Duke Energy has requested customers in North and South Carolina to voluntarily reduce electricity usage from 2-8 p.m. on September 18 due to unusually hot weather driving high demand on the power grid. The company advises raising thermostats, avoidin...
