CenterPoint Energy (NYSE:CNP) Price Target Cut to $45.00 by Analysts at JPMorgan Chase & Co.

Posted by on May 13th, 2026

CenterPoint Energy (NYSE:CNP – Get Free Report) had its price objective dropped by analysts at JPMorgan Chase & Co. from $46.00 to $45.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the utilities provider’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 7.11% from the company’s current price.

CNP has been the subject of several other research reports. KeyCorp boosted their target price on CenterPoint Energy from $41.00 to $47.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 4th. Wall Street Zen downgraded CenterPoint Energy from a “hold” rating to a “sell” rating in a report on Saturday, April 25th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $48.00 price target on shares of CenterPoint Energy in a report on Tuesday, April 21st. Citigroup reaffirmed a “neutral” rating on shares of CenterPoint Energy in a report on Thursday, February 19th. Finally, Barclays upped their price target on CenterPoint Energy from $38.00 to $44.00 and gave the company an “equal weight” rating in a report on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.69.

View Our Latest Analysis on CNP

CenterPoint Energy Stock Down 0.3%

Shares of CNP traded down $0.12 during midday trading on Wednesday, hitting $42.01. The company had a trading volume of 1,358,773 shares, compared to its average volume of 5,201,155. The company’s 50-day simple moving average is $43.01 and its 200-day simple moving average is $40.73. The company has a debt-to-equity ratio of 1.96, a quick ratio of 1.04 and a current ratio of 1.16. The firm has a market capitalization of $27.48 billion, a P/E ratio of 25.75, a P/E/G ratio of 2.51 and a beta of 0.48. CenterPoint Energy has a 1 year low of $35.46 and a 1 year high of $44.47.

CenterPoint Energy (NYSE:CNP – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.02). The company had revenue of $2.98 billion during the quarter, compared to analysts’ expectations of $1.98 billion. CenterPoint Energy had a net margin of 11.38% and a return on equity of 10.56%. During the same quarter in the previous year, the business posted $0.53 EPS. CenterPoint Energy has set its FY 2026 guidance at 1.890-1.910 EPS. As a group, sell-side analysts expect that CenterPoint Energy will post 1.91 EPS for the current year.

Institutional Investors Weigh In On CenterPoint Energy

A number of institutional investors and hedge funds have recently made changes to their positions in CNP. Norges Bank purchased a new stake in shares of CenterPoint Energy in the fourth quarter valued at about $343,925,000. T. Rowe Price Investment Management Inc. increased its holdings in shares of CenterPoint Energy by 13.2% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 58,286,690 shares of the utilities provider’s stock valued at $2,234,712,000 after purchasing an additional 6,794,535 shares during the period. UBS Group AG raised its stake in shares of CenterPoint Energy by 31.3% during the fourth quarter. UBS Group AG now owns 7,261,079 shares of the utilities provider’s stock worth $278,390,000 after purchasing an additional 1,728,865 shares during the last quarter. Jennison Associates LLC raised its stake in shares of CenterPoint Energy by 19.4% during the fourth quarter. Jennison Associates LLC now owns 7,722,893 shares of the utilities provider’s stock worth $296,096,000 after purchasing an additional 1,256,993 shares during the last quarter. Finally, Merewether Investment Management LP raised its stake in shares of CenterPoint Energy by 85.5% during the third quarter. Merewether Investment Management LP now owns 2,493,500 shares of the utilities provider’s stock worth $96,748,000 after purchasing an additional 1,149,637 shares during the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.

CenterPoint Energy Company Profile

(Get Free Report)

CenterPoint Energy, Inc (NYSE: CNP) is a Houston-based regulated utility company that provides electric and natural gas delivery services and related infrastructure operations. The company’s principal activities center on the transmission and distribution of electricity in the greater Houston metropolitan area and the distribution of natural gas to customers across several states in the Midwest and South. As a vertically integrated utility, CenterPoint focuses on the reliable delivery of energy through owned and operated networks of lines, pipelines and associated facilities.

CenterPoint’s core businesses include regulated electric transmission and distribution services, regulated natural gas distribution, and the operation and maintenance of energy infrastructure.

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