Xcel Energy Inc (XEL) Stock AnalysisXELXcel Energy Inc

Xcel Energy Inc. is an electric and natural gas delivery company. The Company provides a comprehensive portfolio of energy-related products and services to approximately 3.9 million electric customers and 2.2 million natural gas customers through four utility subsidiaries, NSP-Minnesota, NSP-Wisconsin, PSCo and SPS. The Company operates through two segments. Its regulated electric utility segment generates, purchases, transmits, distributes and sells electricity in Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. In addition, this segment includes sales for resale and provides wholesale transmission service to various entities in the United States. The regulated electric utility segment also includes wholesale commodity and trading operations. Its regulated natural gas utility segment purchases, transports, stores, distributes and sells natural gas primarily in portions of Colorado, Michigan, Minnesota, North Dakota and Wisconsin. It operates in the Utilities sector (ELECTRIC & OTHER SERVICES COMBINED industry).

Xcel Energy Inc (XEL) is a good buy right now due to its current price of $73.775 being below the analyst price target of $77 from Scotiabank, indicating potential upside. Additionally, the company's gross margin has improved significantly to 53.99% in Q2 2026, reflecting strong profitability. However, a risk to consider is the high debt-to-equity ratio of 169.53%, which suggests potential financial leverage concerns.

13 analysts cover XEL: 4 rate it Buy, 9 Hold and 0 Sell. The average price target is 88.08.