Analyst Consensus ?
ConsensusHold18 ratings
Bullish738.9%
Neutral950.0%
Bearish211.1%
Evergy, Inc. · EVRG · FY2025 Q4 · Calendar Q1 2026
Evergy raises long-term growth outlook on data-center demand
Evergy’s current-call analysis supports a constructive long-term growth case: signed data-center agreements, load growth and expanded generation and grid investment strengthen the operating trajectory. The main test is whether management can execute the capital program and convert large-load commitments into durable demand without worsening financing, regulatory or customer-concentration risks.
Reported Before market openNASDAQUtilities
$17.96B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.42
Consensus $0.55
EPS surprise
-23.8%
Reported versus consensus
Reported revenue
$1.34B
Consensus $1.43B
Revenue surprise
-6.1%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-1.1%
Event window
SPY move
-0.3%
Same window
Abnormal move
-0.8%
Stock minus SPY
Volume
2.2×
Versus trailing sessions
Subsequent drift
+1.9%
Up to 20 sessions
EVRGSPY benchmark
Ask FN2 about EVRG FY2025 Q4
Transcript, numbers and history already loaded
Why did EVRG fall 1.1% after missing EPS estimates in FY2025 Q4?What changed in EVRG's guidance and outlook in FY2025 Q4?Give me the bull and bear case for EVRG after FY2025 Q4 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
The current analysis is more constructive than the prior quarter: management raised its long-term growth outlook, added detail on large-load agreements and tariffs, and expanded the capital program. The focus shifted from a pipeline of potential demand toward execution of signed agreements, new generation and related rate cases.
Guidance delta
Raised: management lifted its long-term EPS growth outlook and expanded its investment plan, according to the current-call analysis.
Key takeaways
- Management’s outlook improved, supported by signed data-center service agreements and expected load growth.
- The investment plan expanded, with new generation and solar capacity adding to execution requirements.
- Large-load tariffs are intended to provide premium revenue while limiting cost spillover to existing customers.
- The thesis remains sensitive to industrial demand, regulatory approvals, financing and project execution.
Management priorities
- Execute additional large-load electric service agreements.
- Build new natural-gas generation and solar capacity.
- File rate cases aligned with new generation entering service.
- Continue grid modernization and resilience investments while evaluating alternative financing.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$78.73Current
$57Low
$80.88Average
$97High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Sep 29, 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 $78.73. 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 | +23.2% | Jul 23, 2026 |
| Barclays | Analyst unavailable | $94 | $87.01 | +19.4% | Jun 30, 2026 |
| UBS | William Appicelli | $91 | $82.73 | +15.6% | May 8, 2026 |
| Wells Fargo | Shahriar Pourreza | $87 | $81.67 | +10.5% | Apr 21, 2026 |
| BTIG | Analyst unavailable | $99 | $84.41 | +25.7% | Apr 9, 2026 |
| Barclays | Analyst unavailable | $89 | $83.13 | +13.0% | Mar 9, 2026 |
| BMO Capital | Analyst unavailable | $87 | $81.8 | +10.5% | Feb 23, 2026 |
| Mizuho Securities | Analyst unavailable | $82 | $80.26 | +4.2% | Feb 23, 2026 |
| UBS | William Appicelli | $88 | $80.69 | +11.8% | Feb 13, 2026 |
| RBC Capital | Stephen D'Ambrisi | $91 | $75.29 | +15.6% | Jan 23, 2026 |
| Wells Fargo | Analyst unavailable | $79 | $76.44 | +0.3% | Jan 20, 2026 |
| Mizuho Securities | Anthony Crowdell | $76 | $73.59 | -3.5% | Dec 18, 2025 |
| UBS | Analyst unavailable | $83 | $73.28 | +5.4% | Dec 17, 2025 |
| Wells Fargo | Shahriar Pourreza | $77 | $78.31 | -2.2% | Oct 27, 2025 |
| RBC Capital | Stephen D'Ambrisi | $93 | $78.31 | +18.1% | Oct 27, 2025 |
| Barclays | Analyst unavailable | $80 | $76.69 | +1.6% | Oct 9, 2025 |
| Jefferies | Analyst unavailable | $87 | $77.84 | +10.5% | Oct 9, 2025 |
| Barclays | Analyst unavailable | $82 | $77.83 | +4.2% | Oct 9, 2025 |
| Jefferies | Paul Zimbardo | $78 | $67.96 | -0.9% | Jun 10, 2025 |
| UBS | William Appicelli | $78 | $67.88 | -0.9% | Apr 28, 2025 |
| Barclays | Analyst unavailable | $73 | $68.36 | -7.3% | Apr 22, 2025 |
| Jefferies | Julien Dumoulin-Smith | $74 | $64.26 | -6.0% | Nov 25, 2024 |
| Wells Fargo | Sarah Akers | $69 | $60.34 | -12.4% | Oct 16, 2024 |
| UBS | William Appicelli | $64 | $61.84 | -18.7% | Sep 17, 2024 |
| Barclays | Nicholas Campanella | $67 | $60.36 | -14.9% | Sep 12, 2024 |
| Barclays | Nicholas Campanella | $61 | $55.74 | -22.5% | May 14, 2024 |
| Wells Fargo | Sarah Akers | $60 | $54.21 | -23.8% | Jan 9, 2024 |
| Credit Suisse | Nicholas Campanella | $57 | $58.69 | -27.6% | Nov 29, 2022 |
| Credit Suisse | Analyst unavailable | $76 | $70.1 | -3.5% | Apr 26, 2022 |
| Wells Fargo | Analyst unavailable | $75 | $70.92 | -4.7% | 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 · 2026-07-26T00:36:15.940040+00:00
- Polygon adjusted daily market bars · 2026-09-29T17:56:05.545116+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-29T17:56:05.542265+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 2026-09-29. For educational purposes only; not investment advice.