XEL Stock Analysis: Xcel Energy | NASDAQ

Utilities - Regulated Electric | NASDAQ, USA | Market Cap: 49.174m USD | 12M Return: 13.3% | Charts, Fundamentals & Technical Analysis

Electricity, Natural Gas, Power Generation, Energy Trading
Total Rating 29
Safety 37
Buy Signal -0.82
Utilities - Regulated Electric
Industry Rotation: -0.2
Market Cap: 49.2B
Avg Turnover: 439M
Risk 3d forecast
Volatility20.2%
VaR 5th Pctl3.54%
VaR vs Median6.41%
Reward TTM
Sharpe Ratio0.61
Rel. Str. IBD38.8
Rel. Str. Peer Group28.1
Character TTM
Beta0.132
Beta Downside0.053
Hurst Exponent0.512
Drawdowns 3y
Max DD24.26%
CAGR/Max DD0.42
CAGR/Mean DD1.71
EPS (Earnings per Share) EPS (Earnings per Share) of XEL over the last years for every Quarter: "2021-06": 0.58, "2021-09": 1.13, "2021-12": 0.58, "2022-03": 0.7, "2022-06": 0.6, "2022-09": 1.18, "2022-12": 0.69, "2023-03": 0.76, "2023-06": 0.52, "2023-09": 1.23, "2023-12": 0.83, "2024-03": 0.88, "2024-06": 0.54, "2024-09": 1.25, "2024-12": 0.81, "2025-03": 0.84, "2025-06": 0.75, "2025-09": 1.24, "2025-12": 0.96, "2026-03": 0.91,
EPS CAGR: 6.63%
EPS Trend: 94.7%
Last SUE: 0.00
Qual. Beats: 0
Revenue Revenue of XEL over the last years for every Quarter: 2021-06: 3068, 2021-09: 3467, 2021-12: 3355, 2022-03: 3751, 2022-06: 3424, 2022-09: 4082, 2022-12: 4053, 2023-03: 4080, 2023-06: 3022, 2023-09: 3662, 2023-12: 3442, 2024-03: 3649, 2024-06: 3028, 2024-09: 3644, 2024-12: 3120, 2025-03: 3906, 2025-06: 3287, 2025-09: 3915, 2025-12: 3561, 2026-03: 4021,
Rev. CAGR: -0.54%
Rev. Trend: -12.5%
Last SUE: -0.25
Qual. Beats: 0

Warnings

High Debt While Negative Cash Flow
Altman Z'' In Financial Distress Zone
Choppy

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan -1.0% 2
Feb -6.0% 16
Mar +1.7% 26
Apr +0.2% 2
May -0.7% 14
Jun -3.9% 50
Jul +1.7% 49
Aug +0.6% 6
Sep -1.8% 18
Oct +0.5% 33
Nov +1.1% 22
Dec -1.1% 19

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: XEL Xcel Energy

Xcel Energy Inc. (XEL) is a U.S.-based electric and natural gas delivery company headquartered in Minneapolis, Minnesota, and operating since its incorporation in 1909 (formerly known as Northern States Power Company). The company runs through two segments: Regulated Electric Utility and Regulated Natural Gas Utility, generating, transmitting, distributing, and selling electricity and natural gas to customers across portions of eight states, including Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin.

Its electricity generation portfolio spans wind, nuclear, hydroelectric, biomass, and solar power from owned facilities and power purchase agreements (PPAs), supplemented by fossil fuel sources such as coal and natural gas. The company also engages in wholesale transmission services, commodity trading, natural gas pipeline and storage operations, and select nonregulated investments including community solar gardens, energy technology ventures, and rental housing projects. As a regulated utility classified under the GICS Electric Utilities sub-industry, Xcel Energy operates under a state-regulated rate base model that allows it to recover approved costs and earn a permitted return on capital invested in infrastructure.

Headlines to Watch Out For
  • Colorado rate case approval lifts allowed return on equity
  • Multi-billion grid modernization capex expands regulated rate base
  • Rising interest costs pressure utility profit margins
Piotroski VR-10 (Strict) 2.0
Net Income: 2.09b TTM > 0 and > 6% of Revenue
FCF/TA: -0.04 > 0.02 and ΔFCF/TA -3.39 > 1.0
NWC/Revenue: -11.86% < 20% (prev -10.02%; Δ -1.84% < -1%)
CFO/TA 0.01 > 3% & CFO 669.0m > Net Income 2.09b
Net Debt (39.6b) to EBITDA (6.21b): 6.37 < 3
Current Ratio: 0.77 > 1.5 & < 3
Outstanding Shares: last quarter (626.0m) vs 12m ago 8.49% < -2%
Gross Margin: 18.91% > 18% (prev 45.47%; Δ -26.56% > 0.5%)
Asset Turnover: 18.76% > 50% (prev 18.83%; Δ -0.06% > 0%)
Interest Coverage Ratio: 2.32 > 6 (EBIT TTM 3.26b / Interest Expense TTM 1.41b)
Altman Z'' 0.91
A: -0.02 (Total Current Assets 5.88b - Total Current Liabilities 7.64b) / Total Assets 84.8b
B: 0.11 (Retained Earnings 9.39b / Total Assets 84.8b)
C: 0.04 (EBIT TTM 3.26b / Avg Total Assets 78.8b)
D: 0.39 (Book Value of Equity 23.8b / Total Liabilities 61.0b)
Altman-Z'' = 0.91 = BB
Beneish M -1.74
DSRI: 0.94 (Receivables 2.09b/2.06b, Revenue 14.8b/13.7b)
GMI: 2.40 (GM 45.47% / 18.91%)
AQI: 1.01 (AQ_t 0.10 / AQ_t-1 0.10)
SGI: 1.08 (Revenue 14.8b / 13.7b)
TATA: 0.02 (NI 2.09b - CFO 669.0m) / TA 84.8b)
Beneish M = -1.74 (Cap -4..+1) = CCC
What is the price of XEL shares?

As of July 21, 2026, the stock is trading at USD 78.67 with a total of 3,801,620 shares traded. Over the past week, the price has changed by -2.25%, over one month by -0.18%, over three months by -1.32% and over the past year by +13.31%.

Current recommended Stop Loss: 76.30 (which is 3% or 1.4 ATR below the current price).

Is XEL a buy, sell or hold?

Xcel Energy has received a consensus analysts rating of 4.18. Therefore, it is recommended to buy XEL.

  • StrongBuy: 9
  • Buy: 3
  • Hold: 4
  • Sell: 1
  • StrongSell: 0

What are the forecasts/targets for the XEL price?
Analysts Target Price 92.2 17.2%
Xcel Energy (XEL) - Fundamental Data Overview as of 19 July 2026
Market Cap USD = 49.2b (49.2b USD * 1.0 USD.USD)
P/E Trailing = 23.0322
P/E Forward = 19.4932
P/S = 3.3261
P/B = 2.0973
P/EG = 2.1675
Revenue TTM = 14.8b USD
EBIT TTM = 3.26b USD
EBITDA TTM = 6.21b USD
Long Term Debt = 34.6b USD (from longTermDebt, last quarter)
Short Term Debt = 2.59b USD (from shortTermDebt, last quarter)
Debt = 41.4b USD (from shortLongTermDebtTotal, last quarter) + Leases 2.17b
Net Debt = 39.6b USD (calculated: Debt 41.4b - CCE 1.76b)
Enterprise Value = 88.8b USD (49.2b + Debt 41.4b - CCE 1.76b)
Interest Coverage Ratio = 2.32 (Ebit TTM 3.26b / Interest Expense TTM 1.41b)
EV/FCF = -27.37x (Enterprise Value 88.8b / FCF TTM -3.24b)
FCF Yield = -3.65% (FCF TTM -3.24b / Enterprise Value 88.8b)
FCF Margin = -21.94% (FCF TTM -3.24b / Revenue TTM 14.8b)
Net Margin = 14.14% (Net Income TTM 2.09b / Revenue TTM 14.8b)
Gross Margin = 18.91% ((Revenue TTM 14.8b - Cost of Revenue TTM 12.0b) / Revenue TTM)
Gross Margin QoQ = 22.76% (prev -48.81%)
Tobins Q-Ratio = 1.05 (Enterprise Value 88.8b / Total Assets 84.8b)
Interest Expense / Debt = 3.40% (Interest Expense 1.41b / Debt 41.4b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 2.57b (EBIT 3.26b * (1 - 21.00%))
Current Ratio = 0.77 (Total Current Assets 5.88b / Total Current Liabilities 7.64b)
Debt / Equity = 1.74 (Debt 41.4b / totalStockholderEquity, last quarter 23.8b)
Debt / EBITDA = 6.37 (Net Debt 39.6b / EBITDA 6.21b)
 Debt / FCF = -12.21 (negative FCF - burning cash) (Net Debt 39.6b / FCF TTM -3.24b)
 Total Stockholder Equity = 22.4b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.65% (Net Income 2.09b / Total Assets 84.8b)
RoE = 9.34% (Net Income TTM 2.09b / Total Stockholder Equity 22.4b)
RoCE = 5.72% (EBIT 3.26b / Capital Employed (Equity 22.4b + L.T.Debt 34.6b))
RoIC = 3.26% (NOPAT 2.57b / Invested Capital 79.0b)
WACC = 4.72% (E(49.2b)/V(90.5b) * Re(6.44%) + D(41.4b)/V(90.5b) * Rd(3.40%) * (1-Tc(0.21)))
Discount Rate = 6.44% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 93.01 | Cagr: 5.75%
 [DCF] Fair Price = unknown (Cash Flow -3.24b)
 EPS Correlation: 94.74 | EPS CAGR: 6.63% | SUE: 0.0 | # QB: 0
Revenue Correlation: -12.48 | Revenue CAGR: -0.54% | SUE: -0.25 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.78 | Chg30d=-2.38% | Revisions=+30% | Analysts=13
EPS next Quarter (2026-09-30): EPS=1.40 | Chg30d=+0.14% | Revisions=+0% | Analysts=12
EPS current Year (2026-12-31): EPS=4.11 | Chg30d=-0.01% | Revisions=-25% | GrowthEPS=+8.2% | GrowthRev=+7.8%
EPS next Year (2027-12-31): EPS=4.53 | Chg30d=-0.02% | Revisions=+25% | GrowthEPS=+10.2% | GrowthRev=+9.5%
[Analyst] Revisions Ratio: +9% (up=17, down=14)