Xcel Energy Receives 'Buy' Recommendation from Analysts

Seventeen research firms cover the utility company, with majority recommending purchase of stock.

Feb. 21, 2026 at 10:26am

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Xcel Energy Inc. (NASDAQ:XEL) has received an average 'Buy' recommendation from the seventeen research firms covering the company, according to MarketBeat. One analyst gave a 'Sell' rating, while thirteen recommended 'Buy' and three gave 'Strong Buy' ratings. The average 12-month price target among analysts is $88.60.

Why it matters

Xcel Energy is a major utility company serving customers across eight U.S. states. The positive analyst sentiment suggests confidence in the company's financial performance and growth potential, which could impact investor interest and stock price.

The details

Several equity research analysts have recently issued reports on Xcel Energy. Barclays lowered their price target from $85 to $82 but maintained an 'Overweight' rating. BMO Capital Markets reaffirmed an 'Outperform' rating with a $90 price target. Morgan Stanley set a $91 price target, while Mizuho's target is $86.

  • Xcel Energy reported Q4 2025 earnings on February 5, 2026.

The players

Xcel Energy Inc.

A Minneapolis-based, publicly traded utility holding company that develops, owns and operates regulated electricity and natural gas delivery systems.

Barclays

A multinational investment bank and financial services company that provided research coverage and a price target for Xcel Energy.

BMO Capital Markets

An investment bank that reaffirmed an 'Outperform' rating and $90 price target for Xcel Energy.

Morgan Stanley

A global financial services firm that set a $91 price target for Xcel Energy.

Mizuho

A Japanese financial services group that set an $86 price target for Xcel Energy.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

The takeaway

The positive analyst sentiment on Xcel Energy suggests the utility company is well-positioned financially and poised for continued growth, which could make the stock an attractive investment option for those looking to gain exposure to the regulated utility sector.