In the latest close session, NRG Energy (NRG) was down 2.74% at $129.11. This move lagged the S&P 500's daily loss of 1.01%. Elsewhere, the Dow saw a downswing of 0.77%, while the tech-heavy Nasdaq depreciated by 1.4%.
The stock of power company has fallen by 1.71% in the past month, lagging the Utilities sector's gain of 0.62% and the S&P 500's gain of 0.32%.
Investors will be eagerly watching for the performance of NRG Energy in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 4, 2026. In that report, analysts expect NRG Energy to post earnings of $1.83 per share. This would mark year-over-year growth of 8.93%. Simultaneously, our latest consensus estimate expects the revenue to be $6.06 billion, showing a 10.14% drop compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $8.85 per share and revenue of $35.58 billion, indicating changes of +9.67% and +15.85%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for NRG Energy. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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. The Zacks Consensus EPS estimate has moved 0.98% lower within the past month. NRG Energy is currently a Zacks Rank #3 (Hold).
From a valuation perspective, NRG Energy is currently exchanging hands at a Forward P/E ratio of 15.01. This represents a discount compared to its industry average Forward P/E of 18.21.
The Utility - Electric Power industry is part of the Utilities sector. This group has a Zacks Industry Rank of 158, putting it in the bottom 36% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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NRG Energy, Inc. (NRG): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).