Analyst Consensus ?
ConsensusHold18 ratings
Bullish738.9%
Neutral950.0%
Bearish211.1%
Evergy, Inc. · EVRG · FY2025 Q3 · Calendar Q4 2025
Evergy: Load pipeline expands as guidance is maintained
The supplied analysis supports a constructive long-term demand and investment narrative for Evergy, but the thesis depends on converting the large-load pipeline into signed projects, securing tariff and regulatory approvals, and funding the capital plan without undermining returns.
Reported Before market openNASDAQUtilities
$18.25B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$2.03
Consensus $2.08
EPS surprise
-2.4%
Reported versus consensus
Reported revenue
$1.80B
Consensus $2.59B
Revenue surprise
-30.5%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-1.6%
Event window
SPY move
-1.1%
Same window
Abnormal move
-0.5%
Stock minus SPY
Volume
1.6×
Versus trailing sessions
Subsequent drift
-3.0%
Up to 20 sessions
EVRGSPY benchmark
Ask FN2 about EVRG FY2025 Q3
Transcript, numbers and history already loaded
Why did EVRG fall 1.6% after missing EPS estimates in FY2025 Q3?What changed in EVRG's guidance and outlook in FY2025 Q3?Give me the bull and bear case for EVRG after FY2025 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Management highlighted a 4–6 GW Tier 1 load pipeline, including data-center demand, alongside progress on large-load power-service tariffs in Kansas and Missouri. The company also presented a $17.5 billion five-year capital plan and a 4% dividend increase; the supplied analysis says guidance was narrowed but not reduced.
Guidance delta
Guidance was narrowed but not reduced; the supplied analysis characterizes guidance sentiment as maintained.
Key takeaways
- Management highlighted a 4–6 GW Tier 1 load pipeline centered on data centers and large manufacturers.
- Regulatory progress on large-load power-service tariffs in Kansas and Missouri remains central to the outlook.
- The company outlined a $17.5 billion five-year capital plan and increased the dividend by 4%.
Management priorities
- Advance large-load agreements and tariff proceedings in Kansas and Missouri
- Continue generation, transmission, and distribution investment
- Use PISA and CWIP mechanisms to mitigate regulatory lag
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$79.17Current
$57Low
$80.88Average
$97High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 4, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Citigroup | Buy | Buy | Maintain | Jul 24, 2026 |
| BMO Capital | Outperform | Outperform | Maintain | Jul 22, 2026 |
| Barclays | Overweight | Overweight | Maintain | Jun 30, 2026 |
| UBS | Neutral | Neutral | Maintain | May 8, 2026 |
| B of A Securities | Buy | Buy | Maintain | Apr 14, 2026 |
| Wells Fargo | Equal Weight | Equal Weight | Maintain | Feb 20, 2026 |
| Mizuho | Neutral | Outperform | Downgrade | Dec 18, 2025 |
| Jefferies | Buy | Buy | Maintain | Oct 9, 2025 |
| Ladenburg Thalmann | Buy | Neutral | Upgrade | Jan 2, 2025 |
| Guggenheim | Neutral | Buy | Downgrade | Jan 22, 2024 |
| Wolfe Research | Peer Perform | Outperform | Downgrade | Sep 11, 2023 |
| Credit Suisse | Underperform | Outperform | Downgrade | Nov 29, 2022 |
| Seaport Global | Neutral | Buy | Downgrade | Nov 21, 2022 |
| Evercore ISI Group | In Line | Outperform | Downgrade | Jan 25, 2022 |
| Goldman Sachs | Neutral | Buy | Downgrade | Jan 13, 2022 |
| CFRA | Hold | Hold | Maintain | May 7, 2020 |
| Bank of America | Underperform | Neutral | Downgrade | Nov 20, 2019 |
| SunTrust Robinson Humphrey | Buy | Buy | Maintain | Aug 9, 2019 |
Named analyst price targets
Upside is calculated against the persisted current price $79.17. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| BTIG | Analyst unavailable | $97 | $86.56 | +22.5% | Jul 23, 2026 |
| Barclays | Analyst unavailable | $94 | $87.01 | +18.7% | Jun 30, 2026 |
| UBS | William Appicelli | $91 | $82.73 | +14.9% | May 8, 2026 |
| Wells Fargo | Shahriar Pourreza | $87 | $81.67 | +9.9% | Apr 21, 2026 |
| BTIG | Analyst unavailable | $99 | $84.41 | +25.0% | Apr 9, 2026 |
| Barclays | Analyst unavailable | $89 | $83.13 | +12.4% | Mar 9, 2026 |
| BMO Capital | Analyst unavailable | $87 | $81.8 | +9.9% | Feb 23, 2026 |
| Mizuho Securities | Analyst unavailable | $82 | $80.26 | +3.6% | Feb 23, 2026 |
| UBS | William Appicelli | $88 | $80.69 | +11.2% | Feb 13, 2026 |
| RBC Capital | Stephen D'Ambrisi | $91 | $75.29 | +14.9% | Jan 23, 2026 |
| Wells Fargo | Analyst unavailable | $79 | $76.44 | -0.2% | Jan 20, 2026 |
| Mizuho Securities | Anthony Crowdell | $76 | $73.59 | -4.0% | Dec 18, 2025 |
| UBS | Analyst unavailable | $83 | $73.28 | +4.8% | Dec 17, 2025 |
| Wells Fargo | Shahriar Pourreza | $77 | $78.31 | -2.7% | Oct 27, 2025 |
| RBC Capital | Stephen D'Ambrisi | $93 | $78.31 | +17.5% | Oct 27, 2025 |
| Barclays | Analyst unavailable | $80 | $76.69 | +1.0% | Oct 9, 2025 |
| Jefferies | Analyst unavailable | $87 | $77.84 | +9.9% | Oct 9, 2025 |
| Barclays | Analyst unavailable | $82 | $77.83 | +3.6% | Oct 9, 2025 |
| Jefferies | Paul Zimbardo | $78 | $67.96 | -1.5% | Jun 10, 2025 |
| UBS | William Appicelli | $78 | $67.88 | -1.5% | Apr 28, 2025 |
| Barclays | Analyst unavailable | $73 | $68.36 | -7.8% | Apr 22, 2025 |
| Jefferies | Julien Dumoulin-Smith | $74 | $64.26 | -6.5% | Nov 25, 2024 |
| Wells Fargo | Sarah Akers | $69 | $60.34 | -12.8% | Oct 16, 2024 |
| UBS | William Appicelli | $64 | $61.84 | -19.2% | Sep 17, 2024 |
| Barclays | Nicholas Campanella | $67 | $60.36 | -15.4% | Sep 12, 2024 |
| Barclays | Nicholas Campanella | $61 | $55.74 | -23.0% | May 14, 2024 |
| Wells Fargo | Sarah Akers | $60 | $54.21 | -24.2% | Jan 9, 2024 |
| Credit Suisse | Nicholas Campanella | $57 | $58.69 | -28.0% | Nov 29, 2022 |
| Credit Suisse | Analyst unavailable | $76 | $70.1 | -4.0% | Apr 26, 2022 |
| Wells Fargo | Analyst unavailable | $75 | $70.92 | -5.3% | Apr 19, 2022 |
Track every rating change on EVRG the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationEvergy, Inc., along with its subsidiaries, operates as an integrated electric utility, focusing on the production, conveyance, distribution, and direct sale of power throughout Kansas and Missouri in the United States. The company's electricity generation relies on a diverse energy mix, utilizing sources such as coal, hydroelectric, landfill gas, uranium, natural gas, and oil, alongside a growing portfolio of renewables like solar and wind energy. Supporting its operations, Evergy maintains a robust infrastructure, which includes roughly 10,100 circuit miles of high-voltage transmission lines, about 39,800 circuit miles of overhead distribution lines, and an additional 13,000 circuit miles of underground distribution networks. It provides service to a substantial customer base of approximately 1,620,400, encompassing residential consumers, commercial enterprises, industrial facilities, municipal entities, and fellow electric utilities. Evergy, Inc. was founded in 2017 and has its main corporate headquarters situated in Kansas City, Missouri.
Historical context
All EVRG earningsLatest beats and misses
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-10-04T00:40:43.553786+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-04T00:40:43.550997+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-04. For educational purposes only; not investment advice.