Analyst Consensus ?
ConsensusBuy27 ratings
Bullish1970.4%
Neutral725.9%
Bearish13.7%
NRG Energy, Inc. · NRG · FY2025 Q1 · Calendar Q2 2025
NRG pairs LS Power scale with higher long-term EPS target
The supplied analysis supports a constructive NRG growth thesis: expanded generation and VPP assets, rising power demand, and disciplined deleveraging could reinforce earnings growth, but the case depends on acquisition execution, market pricing, and contract conversion.
Reported Before market openNYSEUtilities
$22.44B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $1.80
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $8.28B
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+26.2%
Event window
SPY move
+3.3%
Same window
Abnormal move
+22.9%
Stock minus SPY
Volume
4.6×
Versus trailing sessions
Subsequent drift
-1.3%
Up to 20 sessions
NRGSPY benchmark
Ask FN2 about NRG FY2025 Q1
Transcript, numbers and history already loaded
What drove NRG's +26.2% move after FY2025 Q1 earnings?What changed in NRG's guidance and outlook in FY2025 Q1?Give me the bull and bear case for NRG after FY2025 Q1 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
NRG's analysis adds the LS Power acquisition's generation and VPP scale, raises the long-term adjusted EPS CAGR target to 14%, and pairs continued shareholder returns with a $3.7 billion deleveraging plan.
Guidance delta
2025 guidance was reaffirmed; the long-term adjusted EPS CAGR target was raised to 14%.
Key takeaways
- Management highlighted adjusted EPS growth, a larger generation and VPP platform, and an 18% year-one EPS-accretion expectation for the LS Power acquisition.
- The company plans $3.7 billion of debt reduction over 24–36 months while continuing annual shareholder returns.
- Virtual power plants, data-center load, and additional generation projects remain central growth areas.
- Execution depends on regulatory approvals, integration, capacity-market conditions, and contract conversion.
Management priorities
- Close and integrate the LS Power acquisition, subject to regulatory approvals.
- Expand CPower and residential virtual power plant capacity.
- Reduce debt by $3.7 billion over 24–36 months while continuing planned repurchases.
- Pursue turbine reservations and new-build generation projects.
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Estimate
Beat
Miss
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Analyst 52W Price Targets
$100.85Current
$46Low
$181.55Average
$221High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 15, 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 |
|---|---|---|---|---|
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Sep 18, 2026 |
| Scotiabank | Sector Outperform | Sector Outperform | Maintain | Aug 5, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Aug 5, 2026 |
| UBS | Buy | Buy | Maintain | Jul 28, 2026 |
| BMO Capital | Market Perform | Market Perform | Maintain | Jul 28, 2026 |
| Barclays | Overweight | Overweight | Maintain | Jul 28, 2026 |
| Wells Fargo | Overweight | Overweight | Maintain | Jul 16, 2026 |
| Wolfe Research | Outperform | Peer Perform | Upgrade | Mar 18, 2026 |
| Jefferies | Buy | Buy | Maintain | Jan 27, 2026 |
| Seaport Global | Buy | Buy | Maintain | Oct 8, 2025 |
| Citigroup | Buy | Buy | Maintain | Jul 17, 2025 |
| Guggenheim | Buy | Buy | Maintain | May 13, 2025 |
| B of A Securities | Buy | Buy | Maintain | Jul 20, 2023 |
| Goldman Sachs | Buy | Buy | Maintain | Aug 9, 2022 |
| CFRA | Sell | Hold | Downgrade | May 7, 2020 |
| Vertical Research | Hold | Hold | Maintain | Feb 25, 2020 |
| SunTrust Robinson Humphrey | Hold | Hold | Maintain | Sep 17, 2019 |
| Deutsche Bank | Hold | Buy | Downgrade | Jan 28, 2019 |
| Bank of America | Buy | Buy | Maintain | Sep 27, 2018 |
| Macquarie | Outperform | Outperform | Maintain | Sep 20, 2018 |
| Credit Suisse | Outperform | Outperform | Maintain | Dec 7, 2015 |
| Susquehanna | Neutral | Neutral | Maintain | Oct 15, 2015 |
| ISI Group | Strong Buy | Buy | Upgrade | Oct 1, 2014 |
| Tigress Financial | Neutral | Neutral | Maintain | Aug 8, 2014 |
| Drexel Hamilton | Buy | Buy | Maintain | Aug 2, 2013 |
| Wunderlich Securities | Buy | Buy | Maintain | May 8, 2013 |
| Wunderlich | Buy | Buy | Maintain | May 8, 2013 |
Named analyst price targets
Upside is calculated against the persisted current price $100.85. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| BNP Paribas | Analyst unavailable | $221 | $117.96 | +119.1% | Aug 19, 2026 |
| BMO Capital | Analyst unavailable | $214 | $120.73 | +112.2% | Aug 6, 2026 |
| Scotiabank | Analyst unavailable | $211 | $119.91 | +109.2% | Aug 5, 2026 |
| Evercore ISI | Nicholas Amicucci | $195 | $118.77 | +93.4% | Aug 5, 2026 |
| UBS | Analyst unavailable | $216 | $131.33 | +114.2% | Jul 28, 2026 |
| BMO Capital | Analyst unavailable | $212 | $131.04 | +110.2% | Jul 28, 2026 |
| Barclays | Analyst unavailable | $204 | $136.5 | +102.3% | Jul 28, 2026 |
| Wells Fargo | Analyst unavailable | $209 | $137.9 | +107.2% | Jul 16, 2026 |
| Scotiabank | Analyst unavailable | $226 | $137.84 | +124.1% | Jul 15, 2026 |
| Williams Trading | Gabriele Sorbara | $184 | $136.7 | +82.4% | Jul 6, 2026 |
| Morgan Stanley | David Arcaro | $165 | $141.72 | +63.6% | Jun 24, 2026 |
| Morgan Stanley | Analyst unavailable | $162 | $135.87 | +60.6% | May 21, 2026 |
| Morgan Stanley | Analyst unavailable | $159 | $154.17 | +57.7% | May 1, 2026 |
| Raymond James | Analyst unavailable | $210 | $160.28 | +108.2% | Apr 27, 2026 |
| Morgan Stanley | Analyst unavailable | $154 | $151.67 | +52.7% | Apr 21, 2026 |
| Goldman Sachs | Carly Davenport | $197 | $160.46 | +95.3% | Mar 6, 2026 |
| Raymond James | Analyst unavailable | $225 | $177.33 | +123.1% | Feb 23, 2026 |
| Morgan Stanley | Analyst unavailable | $153 | $173.32 | +51.7% | Feb 17, 2026 |
| Jefferies | Analyst unavailable | $181 | $153 | +79.5% | Jan 27, 2026 |
| Wells Fargo | Shahriar Pourreza | $206 | $152.05 | +104.3% | Jan 20, 2026 |
| UBS | Analyst unavailable | $211 | $164.11 | +109.2% | Dec 9, 2025 |
| Morgan Stanley | Analyst unavailable | $144 | $167.49 | +42.8% | Oct 28, 2025 |
| Wells Fargo | Shahriar Pourreza | $202 | $172.59 | +100.3% | Oct 27, 2025 |
| Morgan Stanley | Analyst unavailable | $145 | $159.5 | +43.8% | Oct 22, 2025 |
| Jefferies | Julien Dumoulin-Smith | $198 | $168.74 | +96.3% | Oct 20, 2025 |
| Seaport Global | Angie Storozynski | $202 | $162.61 | +100.3% | Oct 8, 2025 |
| Barclays | Nicholas Campanella | $197 | $153.32 | +95.3% | Jun 26, 2025 |
| BMO Capital | James Thalacker | $167 | $150.61 | +65.6% | May 14, 2025 |
| BMO Capital | James Thalacker | $94 | $88.73 | -6.8% | Oct 29, 2024 |
| BMO Capital | James Thalacker | $90 | $91.22 | -10.8% | Sep 30, 2024 |
| Jefferies | Julien Dumoulin-Smith | $78 | $79.8 | -22.7% | Sep 12, 2024 |
| Morgan Stanley | David Arcaro | $83 | $85.62 | -17.7% | May 28, 2024 |
| Morgan Stanley | Analyst unavailable | $37 | $32.18 | -63.3% | Dec 9, 2022 |
| BMO Capital | Analyst unavailable | $43 | $33.14 | -57.4% | Dec 8, 2022 |
| UBS | Analyst unavailable | $30 | $34.68 | -70.3% | Dec 7, 2022 |
| Goldman Sachs | Analyst unavailable | $46 | $38.53 | -54.4% | Aug 9, 2022 |
| Morgan Stanley | Stephen Byrd | $46 | $41.19 | -54.4% | May 9, 2022 |
Track every rating change on NRG the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationNRG Energy, Inc., together with its affiliated entities, operates as a comprehensive power utility spanning the United States. Its operations are divided into three main geographical divisions: Texas, East, and West. The company plays a crucial role in generating, distributing, and selling electricity and various related services, serving approximately six million customers across residential, commercial, industrial, and wholesale sectors. Their energy generation capabilities are diverse, drawing from natural gas, coal, oil, solar, nuclear, and battery storage technologies.…
Historical context
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-05-03T18:33:09.277431+00:00
- Polygon adjusted daily market bars · 2026-10-13T21:40:43.089611+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-13T21:40:43.086940+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 2026-10-13. For educational purposes only; not investment advice.