NRG Energy
About: NRG Energy is one of the largest retail energy providers in the us, with 6 million customers. Vivint Smart Home, which NRG acquired in 2023, has 2 million home services customers. NRG also is one of the largest us independent power producers, with 13 gigawatts of coal, gas, and oil power generation capacity primarily in Texas. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.
Employees: 18,131
0
Funds holding %
of 6,790 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
35% more first-time investments, than exits
New positions opened: 128 | Existing positions closed: 95
20% more funds holding in top 10
Funds holding in top 10: 15 [Q2] → 18 (+3) [Q3]
12% more capital invested
Capital invested by funds: $16.2B [Q2] → $18.2B (+$2.01B) [Q3]
11% more repeat investments, than reductions
Existing positions increased: 285 | Existing positions reduced: 257
5% more funds holding
Funds holding: 732 [Q2] → 765 (+33) [Q3]
3.98% less ownership
Funds ownership: 99.76% [Q2] → 95.78% (-3.98%) [Q3]
40% less call options, than puts
Call options by funds: $375M | Put options by funds: $623M
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$78
23%
downside
Avg. target
$107
6%
upside
High target
$140
38%
upside
9 analyst ratings
5 positive
56%
4 neutral
44%
0 negative
0%
Jefferies Julien Dumoulin-Smith 61% 1-year accuracy 34 / 56 met price target | 12%upside $113 | Buy Upgraded | 26 Nov 2024 |
BMO Capital James Thalacker 75% 1-year accuracy 46 / 61 met price target | 1%downside $100 | Market Perform Maintained | 19 Nov 2024 |
Wells Fargo Neil Kalton 85% 1-year accuracy 35 / 41 met price target | 38%upside $140 | Overweight Maintained | 11 Nov 2024 |
Citigroup Ryan Levine 88% 1-year accuracy 7 / 8 met price target | 1%downside $100 | Buy Maintained | 31 Oct 2024 |
Wells Fargo Neil Kalton 85% 1-year accuracy 35 / 41 met price target | 28%upside $130 | Overweight Maintained | 30 Oct 2024 |
Financial journalist opinion
Based on 20 articles about NRG published over the past 30 days
Positive
Zacks Investment Research
1 week ago
Investors Heavily Search NRG Energy, Inc. (NRG): Here is What You Need to Know
NRG (NRG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Positive
Investopedia
1 week ago
NRG Energy Stock Leads S&P 500 Gains Tuesday After Upgrade From Jefferies
NRG Energy (NRG) was the S&P 500's best-performing constituent Tuesday after Jefferies analysts upgraded the stock and raised their price target, saying “investors are sleeping” on the energy company.
Positive
Investopedia
1 week ago
S&P 500 Gains and Losses Today: NRG Energy Stock Surges After Analyst Upgrade
Major U.S. equities indexes ticked higher as investors weighed the implications of President-elect Donald Trump's promise to impose new tariffs on Mexico, Canada, and China.
Positive
Barrons
1 week ago
NRG Energy Is S&P 500's Top Stock Today. Why It Gained a Bull.
Jefferies analysts upgrade shares of the energy company to Buy from Hold and raise their price target to $113.
Positive
Zacks Investment Research
2 weeks ago
Why NRG Energy (NRG) is a Top Momentum Stock for the Long-Term
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Neutral
Business Wire
3 weeks ago
NRG Energy Honors Business Customers During Fifth Annual Excellence in Energy Awards
HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE: NRG) celebrated some of its top energy customers today for their remarkable efforts in community, sustainability, and energy efficiency during the fifth annual Excellence in Energy Awards. These awards are more than accolades, but a testament to the forward-thinking leadership and innovation our customers demonstrate to help create a safer, smarter, and more sustainable tomorrow. “Our customers inspire us every day with their efforts to help sha.
Positive
Zacks Investment Research
3 weeks ago
NRG Energy, Inc. (NRG) is Attracting Investor Attention: Here is What You Should Know
NRG (NRG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Positive
Seeking Alpha
3 weeks ago
NRG Energy: Still Consider This Company A Decent Buy As Margins Look Strong
NRG Energy's topline declined in the third quarter due to weak Texas prices, but strong demand and growth in other regions should support future growth. Margins are expected to improve beyond 2024 due to operational enhancements and the Virtual Power Plant project, making NRG a strong long-term buy. Strategic partnerships with Renew Home and Google will enhance NRG's market position in residential renewable energy, driving long-term revenue growth.
Positive
Seeking Alpha
3 weeks ago
NRG Energy: I'm Buying The Growth In Texas And Beyond
NRG offers investors exposure to the rapidly growing Texas market while the company also diversifies geographically in other regions. Despite Q3 earnings missing estimates, NRG's raised guidance and optimistic 2025 projections point to sustained growth opportunities and efficiency improvements. I rate NRG a Buy due to its enviable market position, growing dividend, and potential for 7-10% annual share price appreciation over the coming years.
Positive
Seeking Alpha
3 weeks ago
Power Up Your Portfolio With NRG Energy Inc
NRG Energy Inc. has shown strong performance in 2024, with significant earnings growth, increased cash holdings, and a robust share repurchase plan. The company updated its guidance, projecting higher adjusted EPS and introducing new financial metrics, enhancing transparency and performance insight. Despite positive earnings, NRG's valuation is a concern, trading above peers and historical levels, posing potential risks in a market downturn.
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