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. The LS Power asset acquisition will add 13 GW of gas-fired power plants mostly in the eastern US. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.
Employees: 15,637
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
48% more first-time investments, than exits
New positions opened: 136 | Existing positions closed: 92
26% more repeat investments, than reductions
Existing positions increased: 332 | Existing positions reduced: 264
3% more funds holding
Funds holding: 810 [Q4 2024] → 836 (+26) [Q1 2025]
3% more capital invested
Capital invested by funds: $17.6B [Q4 2024] → $18.1B (+$507M) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 17 [Q4 2024] → 17 (+0) [Q1 2025]
3.02% less ownership
Funds ownership: 96.13% [Q4 2024] → 93.11% (-3.02%) [Q1 2025]
53% less call options, than puts
Call options by funds: $243M | Put options by funds: $518M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Raymond James | 28%upside $195 | Strong Buy Initiated | 13 Jun 2025 |
BMO Capital James Thalacker | 10%upside $167 | Market Perform Maintained | 14 May 2025 |
Wells Fargo Neil Kalton | 32%upside $200 | Overweight Maintained | 13 May 2025 |
Guggenheim Shahriar Pourreza | 14%upside $173 | Buy Maintained | 13 May 2025 |
Jefferies Julien Dumoulin-Smith | 13%downside $132 | Buy Maintained | 5 May 2025 |
Financial journalist opinion
Based on 26 articles about NRG published over the past 30 days









