NRG Energy (NYSE:NRG) Stock Gets Price Target Reduction from Wells Fargo & Company

Posted by Geri Gentry on Oct 28th, 2026

NRG Energy (NYSE:NRG – Get Free Report) had its price target cut by investment analysts at Wells Fargo & Company from $209.00 to $182.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage currently has an “overweight” rating on the utilities provider’s stock. Wells Fargo & Company‘s price target indicates a potential upside of 89.00% from the company’s current price.

A number of other research analysts have also recently commented on the stock. Raymond James Financial set a $152.00 target price on shares of NRG Energy in a report on Wednesday, October 21st. Williams Trading set a $165.00 price target on shares of NRG Energy in a research note on Wednesday, October 21st. UBS Group reissued a “strong-buy” rating and issued a $152.00 price objective on shares of NRG Energy in a research note on Wednesday, October 21st. Jefferies Financial Group set a $131.00 price objective on NRG Energy in a report on Monday, October 19th. Finally, Weiss Ratings raised NRG Energy from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, October 9th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $178.67.

View Our Latest Stock Analysis on NRG Energy

NRG Energy Stock Up 1.1%

NRG traded up $1.02 during trading hours on Wednesday, reaching $96.30. The company’s stock had a trading volume of 403,472 shares, compared to its average volume of 2,749,859. The company’s 50-day moving average is $105.76 and its 200-day moving average is $136.05. NRG Energy has a 52 week low of $90.80 and a 52 week high of $189.96.

NRG Energy (NYSE:NRG – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The utilities provider reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.69 by ($0.20). The company had revenue of $7.48 billion during the quarter, compared to analyst estimates of $7.31 billion. During the same period in the previous year, the business earned $1.73 EPS. NRG Energy’s revenue for the quarter was up 11.0% compared to the same quarter last year. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, research analysts expect that NRG Energy will post 8.62 earnings per share for the current year.

Insider Buying and Selling at NRG Energy

In other NRG Energy news, CAO Gerald Alfred Spencer sold 1,580 shares of NRG Energy stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $120.93, for a total transaction of $191,069.40. Following the completion of the transaction, the chief accounting officer owned 6,213 shares in the company, valued at approximately $751,338.09. The trade was a 20.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.43% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Sound Income Strategies LLC grew its holdings in NRG Energy by 17.9% during the first quarter. Sound Income Strategies LLC now owns 455 shares of the utilities provider’s stock worth $68,000 after buying an additional 69 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of NRG Energy by 3.0% in the 1st quarter. Parallel Advisors LLC now owns 2,523 shares of the utilities provider’s stock worth $369,000 after acquiring an additional 74 shares in the last quarter. Gamco Investors INC. ET AL raised its holdings in shares of NRG Energy by 1.0% in the first quarter. Gamco Investors INC. ET AL now owns 8,138 shares of the utilities provider’s stock valued at $1,189,000 after purchasing an additional 77 shares during the last quarter. Aspen Grove Capital LLC raised its holdings in shares of NRG Energy by 3.1% in the first quarter. Aspen Grove Capital LLC now owns 2,698 shares of the utilities provider’s stock valued at $394,000 after purchasing an additional 81 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC lifted its position in shares of NRG Energy by 7.4% during the first quarter. Turtle Creek Wealth Advisors LLC now owns 1,392 shares of the utilities provider’s stock valued at $203,000 after purchasing an additional 96 shares in the last quarter. Hedge funds and other institutional investors own 97.72% of the company’s stock.

NRG Energy Company Profile

(Get Free Report)

NRG Energy, Inc is an integrated power and home services company headquartered in Houston, Texas. The company produces and sells electricity through a diverse generation portfolio that includes natural gas, coal, nuclear power, renewable energy and battery storage. NRG serves wholesale and retail energy markets, with operations and customers primarily in the United States and Canada.

Through retail brands including Reliant and Direct Energy, NRG provides electricity, natural gas and related energy products to residential, commercial and industrial customers.