Xcel Energy Inc. (XEL)

Xcel Energy Stock Forecast

Stock Price Forecast

According to 14 professional analysts, the 12-month price target for Xcel Energy stock ranges from a low of $77 to a high of $92. The average analyst price target of $83.93 forecasts a 8.75% increase in the stock price over the next year.

Price Target: $83.93 (+8.75%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$77	$83.93	$85	$92
Change	-0.23%	+8.75%	+10.13%	+19.20%

* Price targets were last updated on Nov 5, 2025.

Analyst Ratings

The average analyst rating for Xcel Energy stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	2	2	2	2	2	2
Buy	6	6	7	8	8	8
Hold	4	4	3	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	12	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nicholas Campanella Barclays	Barclays	Buy Maintains $83 → $85	Buy	Maintains	$83 → $85	+10.13%	Nov 5, 2025
Ryan Levine Citigroup	Citigroup	Strong Buy Maintains $80 → $92	Strong Buy	Maintains	$80 → $92	+19.20%	Nov 3, 2025
William Appicelli UBS	UBS	Hold Maintains $84 → $86	Hold	Maintains	$84 → $86	+11.43%	Oct 31, 2025
Anthony Crowdell Mizuho	Mizuho	Buy Maintains $83 → $87	Buy	Maintains	$83 → $87	+12.72%	Oct 27, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Strong Buy Maintains $84 → $92	Strong Buy	Maintains	$84 → $92	+19.20%	Oct 16, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

15.31B

Increased by 13.90%

from 13.44B

Revenue Next Year

16.44B

Increased by 7.37%

from 15.31B

EPS This Year

3.86

Increased by 12.16%

from 3.44

EPS Next Year

4.17

Increased by 8.07%

from 3.86

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	11.53B	13.43B	15.31B	14.21B	13.44B	15.31B	16.44B
Revenue Growth	-0.03%	16.53%	13.99%	-7.21%	-5.39%	13.90%	7.37%
EPS	2.79	2.96	3.17	3.21	3.44	3.86	4.17
EPS Growth	5.68%	6.09%	7.10%	1.21%	7.18%	12.16%	8.07%
Forward PE	-	-	-	-	-	20.01	18.52
No. Analysts	-	-	-	-	-	20	20

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	17.9B	19.0B
Avg	15.3B	16.4B
Low	14.3B	15.3B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	32.9%	24.2%
Avg	13.9%	7.4%
Low	6.2%	0.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	4.04	4.38
Avg	3.86	4.17
Low	3.71	4.00

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	17.6%	13.5%
Avg	12.2%	8.1%
Low	7.8%	3.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.