Truist Securities Cuts Xcel Energy (XEL) Price Target to $87
Truist Securities maintains its Buy rating on Xcel Energy with a target of $87.0, while the stock trades below this target, a 14.75% upside from the current price.
Reviewed by automated data checks against the source data. How we make and check alerts
Truist Securities cut its price target on Xcel Energy Inc. ($XEL) to $87 from $88 on October 14, 2026, and rates the stock "Buy".
Since the rating, $XEL is up 1.3% to date (from the $75.36 close on Oct 14, 2026).
XEL
Xcel Energy Inc.
Key Points
- On October 14, Truist Securities reiterated its Buy rating on Xcel Energy Inc. (XEL) with a price target of $87.0.
- Truist Securities's $87 price target implies 14.75% upside from Xcel Energy Inc.'s ($XEL) current $75.82 share price.
- The stock recently traded around $75.82, which is about 12.9% below Truist's target price.
- Xcel Energy has a dividend rate of $2.37 and is set to report earnings on October 29, 2026.
Get $XEL trade alerts by text
We text you when insiders, Congress or big funds trade $XEL. Free.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Xcel Energy Inc. alert may contain errors. Disclosures
Truist Securities reiterated its Buy rating on Xcel Energy Inc. (XEL) on October 14, 2026, and set a price target of $87.0. This target is lower than its previous target of $88.0.
Truist Securities vs. the S&P 500
Hypothetical returns from Truist Securities's disclosed trades, not real profit or advice. How we model this.
Other Institutional Activity in Xcel Energy
Blackrock Inc. holds 60,898,333 shares of Xcel Energy, valued at about $4.65 billion, after increasing its stake by 6,986,919 shares. Vanguard Capital Management LLC has 40,769,716 shares worth approximately $3.11 billion, having added 1,279,484 shares. State Street Corporation owns 38,896,012 shares, valued at around $2.97 billion, after increasing its holdings by 1,770,869 shares. Vanguard Portfolio Management LLC holds 35,610,992 shares worth about $2.72 billion, with a stake increase of 834,633 shares. Bank of America Corporation also raised its position, now holding 29,933,748 shares worth roughly $2.28 billion after adding 491,682 shares.
Xcel Energy Inc. Stock Up 4.9%
As of October 16, Xcel Energy shares traded at $75.82, which is about 12.9% below Truist's target of $87.0. The stock has been under pressure, recently trading lower compared to its previous target. This situation could attract attention as the company approaches its next earnings report.
$XEL price target
Xcel Energy Inc. daily closes and this analyst's $87 target. Not advice.
Recent Earnings
Xcel Energy reported a trailing twelve-month revenue of approximately $14.62 billion and earnings per share (EPS) of $3.65. The company has a net margin of 15.3% and a return on equity of 9.9%. The next earnings report is scheduled for October 29, 2026.
Analysts Set New Price Targets
On October 14, Truist Securities reiterated its Buy rating on Xcel Energy with a target price of $87.0. Earlier, on October 13, Keybanc maintained its Overweight rating and set a target of $87.0, down from $90.0. Other analysts include Morgan Stanley, which has maintained an Equal-Weight rating with a target of $83.0, and Scotiabank, which initiated coverage with a Sector Outperform rating and a target of $77.0.
About Xcel Energy
Xcel Energy Inc. operates as an electric and natural gas delivery company in the United States. It serves customers through its regulated electric and natural gas utility segments. With a focus on sustainable energy solutions, Xcel is a key player in the utilities sector.
Bottom Line
Investors should keep an eye on Xcel Energy as it approaches its next earnings report on October 29. Truist's reaffirmed Buy rating and target price adjustment reflect ongoing analysis of the company's performance and market conditions.
Related Filing Alerts
Source: Truist Securities's rating change on $XEL (Oct 14, 2026). Written by software, not financial advice. How we make alerts