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Xcel Energy ( (XEL) ) has issued an announcement.
Xcel Energy has reached settlement agreements related to the Marshall Fire that occurred in Boulder County, Colorado, in December 2021. The settlements, which involve multiple parties, will see Xcel Energy’s subsidiary, Public Service Company of Colorado, pay approximately $640 million, with $350 million covered by insurance. Despite the financial impact, Xcel Energy reaffirms its 2025 earnings guidance, indicating confidence in its financial stability and ongoing operations.
The most recent analyst rating on (XEL) stock is a Buy with a $80.00 price target. To see the full list of analyst forecasts on Xcel Energy stock, see the XEL Stock Forecast page.
Spark’s Take on XEL Stock
According to Spark, TipRanks’ AI Analyst, XEL is a Neutral.
Xcel Energy’s overall stock score reflects a stable financial performance with strong profitability but high leverage and negative free cash flow. Positive technical indicators and strategic investments in infrastructure and renewable energy support a favorable outlook. However, valuation concerns and potential regulatory challenges from corporate events and earnings call risks temper the overall score.
To see Spark’s full report on XEL stock, click here.
More about Xcel Energy
Xcel Energy Inc. operates in the energy industry, primarily focusing on electricity and natural gas services. It serves millions of customers across several states in the U.S., with a strong emphasis on sustainable energy solutions and reliable service delivery.
Average Trading Volume: 3,942,151
Technical Sentiment Signal: Buy
Current Market Cap: $46.09B
Learn more about XEL stock on TipRanks’ Stock Analysis page.