Morgan Stanley Issues Pessimistic Forecast for NRG Energy (NYSE:NRG) Stock Price

NRG Energy (NYSE:NRG) had its target price decreased by equities researchers at Morgan Stanley from $165.00 to $162.00 in a report issued on Friday,Benzinga reports. The firm currently has an “equal weight” rating on the utilities provider’s stock. Morgan Stanley’s price objective suggests a potential upside of 41.24% from the stock’s current price.

A number of other research analysts have also recently issued reports on the stock. Weiss Ratings upgraded shares of NRG Energy from a “hold (c-)” rating to a “hold (c+)” rating in a report on Monday. Evercore restated an “outperform” rating and set a $195.00 target price on shares of NRG Energy in a report on Wednesday, August 5th. Raymond James Financial set a $210.00 price objective on shares of NRG Energy in a research report on Monday, April 27th. BNP Paribas Exane set a $221.00 price objective on shares of NRG Energy in a research report on Wednesday. Finally, Scotiabank lowered their target price on NRG Energy from $226.00 to $211.00 and set a “sector outperform” rating for the company in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, NRG Energy has an average rating of “Moderate Buy” and an average target price of $198.43.

NRG Energy Trading Down 0.6%

Shares of NRG Energy stock traded down $0.66 on Friday, hitting $114.70. 907,543 shares of the company’s stock traded hands, compared to its average volume of 2,681,646. NRG Energy has a one year low of $112.50 and a one year high of $189.96. The company has a debt-to-equity ratio of 5.17, a current ratio of 0.97 and a quick ratio of 0.89. The stock has a market capitalization of $24.20 billion, a PE ratio of 30.34 and a beta of 1.22. The firm’s 50-day moving average price is $132.49 and its two-hundred day moving average price is $144.99.

NRG Energy (NYSE:NRG) last released its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $1.49 EPS for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.20). The company had revenue of $7.48 billion during the quarter, compared to the consensus estimate of $7.31 billion. NRG Energy had a net margin of 2.56% and a return on equity of 52.95%. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.73 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, research analysts expect that NRG Energy will post 8.42 EPS for the current fiscal year.

Insiders Place Their Bets

In other NRG Energy news, VP Virginia Kinney sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $127.52, for a total transaction of $2,550,400.00. Following the transaction, the vice president owned 45,111 shares of the company’s stock, valued at $5,752,554.72. The trade was a 30.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On NRG Energy

Several hedge funds and other institutional investors have recently made changes to their positions in the company. McIlrath & Eck LLC grew its holdings in NRG Energy by 3.0% during the fourth quarter. McIlrath & Eck LLC now owns 2,361 shares of the utilities provider’s stock worth $376,000 after purchasing an additional 68 shares during the period. Sound Income Strategies LLC increased its holdings in shares of NRG Energy by 17.9% during the 1st quarter. Sound Income Strategies LLC now owns 455 shares of the utilities provider’s stock worth $68,000 after acquiring an additional 69 shares during the last quarter. Hilton Head Capital Partners LLC raised its stake in NRG Energy by 50.0% in the 1st quarter. Hilton Head Capital Partners LLC now owns 219 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 73 shares during the period. WT Wealth Management lifted its holdings in NRG Energy by 5.4% during the 4th quarter. WT Wealth Management now owns 1,435 shares of the utilities provider’s stock valued at $229,000 after purchasing an additional 74 shares during the last quarter. Finally, Parallel Advisors LLC boosted its position in NRG Energy by 3.0% during the first quarter. Parallel Advisors LLC now owns 2,523 shares of the utilities provider’s stock worth $369,000 after purchasing an additional 74 shares during the period. 97.72% of the stock is owned by institutional investors.

NRG Energy Company Profile

NRG Energy (NYSE: NRG) is a U.S.-based integrated power company headquartered in Houston, Texas. The company develops, owns and operates a diversified portfolio of power generation assets and participates in wholesale and retail energy markets. NRG supplies electricity to utilities, commercial and industrial customers, and retail consumers, while also providing energy-related products and services designed to manage consumption and support reliability.

NRG’s generation mix includes conventional thermal plants as well as renewable and distributed energy resources.