In the latest close session, NRG Energy (NRG) was up +1.77% at $95.27. The stock outpaced the S&P 500's daily gain of 0.6%. Meanwhile, the Dow experienced a rise of 0.03%, and the technology-dominated Nasdaq saw an increase of 1.18%.
Heading into today, shares of the power company had lost 3.49% over the past month, lagging the Utilities sector's gain of 6.26% and the S&P 500's loss of 0.79%.
The investment community will be paying close attention to the earnings performance of NRG Energy in its upcoming release. The company is slated to reveal its earnings on November 9, 2026. It is anticipated that the company will report an EPS of $3.33, marking a 21.09% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $6.72 billion, showing a 11.92% drop compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $8.62 per share and a revenue of $33.34 billion, representing changes of +6.82% and +8.54%, respectively, from the prior year.
Any recent changes to analyst estimates for NRG Energy should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.08% higher. NRG Energy currently has a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that NRG Energy has a Forward P/E ratio of 10.86 right now. This valuation marks a discount compared to its industry average Forward P/E of 17.18.
The Utility - Electric Power industry is part of the Utilities sector. This industry currently has a Zacks Industry Rank of 95, which puts it in the top 39% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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NRG Energy, Inc. (NRG): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).