Scotiabank Lowers NRG Energy (NYSE:NRG) Price Target to $211.00

NRG Energy (NYSE:NRG) had its target price dropped by investment analysts at Scotiabank from $226.00 to $211.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a “sector outperform” rating on the utilities provider’s stock. Scotiabank’s price objective would indicate a potential upside of 77.01% from the stock’s previous close.

NRG has been the subject of a number of other reports. UBS Group reduced their price target on shares of NRG Energy from $221.00 to $216.00 and set a “buy” rating for the company in a research report on Tuesday, July 28th. Williams Trading set a $184.00 target price on shares of NRG Energy in a research report on Monday, July 6th. Raymond James Financial set a $210.00 price target on shares of NRG Energy in a research report on Monday, April 27th. Wells Fargo & Company upped their target price on shares of NRG Energy from $203.00 to $209.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Finally, BMO Capital Markets lowered their price target on NRG Energy from $213.00 to $212.00 and set a “market perform” rating on the stock in a report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $199.29.

NRG Energy Stock Up 1.8%

NYSE NRG traded up $2.17 during trading hours on Wednesday, hitting $119.20. 2,931,323 shares of the company were exchanged, compared to its average volume of 2,696,399. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 4.68. The firm has a market cap of $25.15 billion, a price-to-earnings ratio of 140.03 and a beta of 1.22. The company has a 50 day moving average of $135.17 and a two-hundred day moving average of $147.75. NRG Energy has a 52-week low of $112.50 and a 52-week high of $189.96.

NRG Energy (NYSE:NRG) last released its earnings results on Tuesday, August 4th. The utilities provider reported $1.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.20). NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The firm had revenue of $7.48 billion for the quarter, compared to analysts’ expectations of $7.31 billion. During the same quarter in the previous year, the company posted $1.73 earnings per share. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Equities research analysts anticipate that NRG Energy will post 9.7 earnings per share for the current year.

Insiders Place Their Bets

In other NRG Energy news, VP Virginia Kinney sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $127.52, for a total transaction of $2,550,400.00. Following the transaction, the vice president owned 45,111 shares in the company, valued at approximately $5,752,554.72. The trade was a 30.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.43% of the company’s stock.

Hedge Funds Weigh In On NRG Energy

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Reaves W H & Co. Inc. grew its holdings in NRG Energy by 93.5% in the fourth quarter. Reaves W H & Co. Inc. now owns 571,628 shares of the utilities provider’s stock valued at $91,026,000 after purchasing an additional 276,157 shares during the last quarter. Hiddenite Capital Partners LP increased its holdings in NRG Energy by 28.6% during the 4th quarter. Hiddenite Capital Partners LP now owns 90,000 shares of the utilities provider’s stock valued at $14,332,000 after acquiring an additional 20,000 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of NRG Energy by 83.8% in the fourth quarter. BNP Paribas Financial Markets now owns 568,464 shares of the utilities provider’s stock valued at $90,522,000 after purchasing an additional 259,113 shares in the last quarter. TimesSquare Capital Management LLC grew its position in shares of NRG Energy by 10.9% in the fourth quarter. TimesSquare Capital Management LLC now owns 523,205 shares of the utilities provider’s stock valued at $83,315,000 after purchasing an additional 51,360 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of NRG Energy by 1,799.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 134,520 shares of the utilities provider’s stock worth $21,421,000 after purchasing an additional 127,438 shares during the last quarter. 97.72% of the stock is owned by institutional investors and hedge funds.

Key NRG Energy News

Here are the key news stories impacting NRG Energy this week:

• Positive Sentiment: NRG reported second-quarter revenue of $7.48 billion, up 11% year over year and above the $7.31 billion analyst consensus. The company also generated $1.12 billion in operating cash flow and $1.03 billion in free cash flow before growth investments. NRG Energy Reports Second Quarter 2026 Results
• Positive Sentiment: The company outlined a 1.2-gigawatt Texas build-own-operate project aimed at data-center demand, with a late-2029 commercial operation target and potential annual adjusted EBITDA of approximately $500 million. The data-center strategy could provide a significant long-term growth driver. NRG Texas BYOP Project
• Neutral Sentiment: NRG reaffirmed its fiscal 2026 adjusted EPS guidance of $7.90 to $9.90. While the range was maintained, its midpoint remains below the roughly $9.17 analyst consensus, limiting the positive impact of the reaffirmation. NRG Adjusted Earnings and Guidance
• Negative Sentiment: Adjusted EPS was $1.49, below estimates of approximately $1.66-$1.69 and down from $1.73-$1.68 a year earlier. Rising interest costs pressured profitability and contributed to the earnings disappointment. NRG Misses Profit Estimates as Interest Costs Rise

About NRG Energy

NRG Energy (NYSE: NRG) is a U.S.-based integrated power company headquartered in Houston, Texas. The company develops, owns and operates a diversified portfolio of power generation assets and participates in wholesale and retail energy markets. NRG supplies electricity to utilities, commercial and industrial customers, and retail consumers, while also providing energy-related products and services designed to manage consumption and support reliability.

NRG’s generation mix includes conventional thermal plants as well as renewable and distributed energy resources.