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NRG Energy, Inc. (NRG)

119.02 +7.18 (+6.42%)
At close: September 4 at 4:00:02 PM EDT
118.53 -0.49 (-0.42%)
After hours: September 4 at 7:58:29 PM EDT
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What's happening with NRG?

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NRG Energy reported mixed Q2 2026 results, missing EPS estimates while beating revenue expectations. The company faces regulatory challengesand has seen its stock decline 31.6% year-to-date, despite a strong long-term performance narrative.

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  • Previous Close 111.84
  • Open 111.29
  • Bid 118.79 x 20000
  • Ask 119.00 x 20000
  • Day's Range 111.40 - 119.25
  • 52 Week Range 108.34 - 189.96
  • Volume 3,336,447
  • Avg. Volume 2,792,183
  • Market Cap (intraday) 25.019B
  • Beta (5Y Monthly) 1.17
  • PE Ratio (TTM) 30.99
  • EPS (TTM) 3.84
  • Earnings Date (est.) Nov 5, 2026
  • Forward Dividend & Yield 1.90 (1.70%)
  • Ex-Dividend Date Aug 3, 2026
  • 1y Target Est 188.75

NRG Energy, Inc., together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through the Texas, East, West/Other, Vivint Smart Home, and Corporate Activities segments. The company offers retail electricity, energy management, demand response and virtual power plant programs, carbon offsets, smart home security, and automation services. It also offers system power, distributed and backup generation, energy storage, energy management, renewable and low-carbon products, and carbon management solutions for large business and commercial customers; a cloud-based home platform, including hardware, software, sales, installation, customer service, technical support, and professional monitoring solutions; and generation portfolio includes fossil fuel and renewable generation assets diversified by fuel type and dispatch level, with ongoing development of new natural gas and renewable projects. In addition, the company trades in power, natural gas, and related products; environmental products; weather products; and financial products, including forwards, futures, options, and swaps. It offers its products and services under the NRG, Reliant, Direct Energy, Green Mountain Energy, and Vivint. It serves residential, commercial, government, industrial, data center, and wholesale customers. NRG Energy, Inc. was founded in 1989 and is headquartered in Houston, Texas.

www.nrg.com

16,702

Full Time Employees

December 31

Fiscal Year Ends

Utilities

Sector

Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

NRG
24.53%
S&P 500 (^GSPC)
12.75%

1-Year Return

NRG
18.56%
S&P 500 (^GSPC)
18.71%

3-Year Return

NRG
227.15%
S&P 500 (^GSPC)
70.93%

5-Year Return

NRG
198.77%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q1 FY26
Revenue 10.26B
Earnings 125M
Profit Margin 1.22%

Q2

FY25

Q3

FY25

Q4

FY25

Q1

FY26

0
2B
4B
6B
8B
10B
-1.0%
0.0%
1.0%

Analyst Insights

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Top Analyst

Wells Fargo
76/100
Latest Rating
Overweight

Analyst Price Targets

104.00
188.75 Average
119.02 Current
270.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/21/2026
Analyst Morgan Stanley
Rating Action Maintains
Rating Equal-Weight
Price Action Lowers
Price Target 165 -> 162

Statistics

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Valuation Measures

Annual
As of 9/2/2026
  • Market Cap

    23.35B

  • Enterprise Value

    47.31B

  • Trailing P/E

    28.93

  • Forward P/E

    9.95

  • PEG Ratio (5yr expected)

    0.43

  • Price/Sales (ttm)

    0.68

  • Price/Book (mrq)

    5.55

  • Enterprise Value/Revenue

    1.43

  • Enterprise Value/EBITDA

    12.67

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    2.56%

  • Return on Assets (ttm)

    4.06%

  • Return on Equity (ttm)

    23.77%

  • Revenue (ttm)

    33.12B

  • Net Income Avi to Common (ttm)

    782M

  • Diluted EPS (ttm)

    3.84

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    162M

  • Total Debt/Equity (mrq)

    483.36%

  • Levered Free Cash Flow (ttm)

    772.37M

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Company Insights

Fair Value

119.02 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

Research Reports

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  • Lowering target price to $104.00

    NRG ENERGY INC has an Investment Rating of HOLD; a target price of $104.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
  • Lowering target price to $108.00

    NRG ENERGY INC has an Investment Rating of HOLD; a target price of $108.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
  • Lowering target price to $110.00

    NRG ENERGY INC has an Investment Rating of HOLD; a target price of $110.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
  • NRG Energy Earnings: Weather, Energy Prices Hurt Results; Texas Data Center Pause a Concern

    NRG Energy is one of the largest retail energy providers in the US, with 6 million customers. Vivint Smart Home, which NRG acquired in 2023, has 2 million home-services customers. NRG also is one of the largest US independent power producers, with 26 gigawatts of coal, gas, and oil power generation capacity in Texas and the Eastern US. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.

    Rating
    Price Target

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