This low-risk sector has surpassed tech stocks in performance this year — yet AI remains the focus.
Written by Emily J. Thompson, Senior Investment Analyst
Source: MarketWatch
Utilities Outperforming Big Tech: The utilities sector is currently outperforming major technology companies in the stock market, contrary to the prevailing narrative focused on artificial intelligence.
Strong Performance Metrics: As of the latest market close, the S&P 500 Utilities Sector Index has achieved a total return of 23.7% year to date, which includes dividends.
Analyst Views on NRG
Wall Street analysts forecast NRG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NRG is 200.75 USD with a low forecast of 145.00 USD and a high forecast of 240.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 151.090
Low
145.00
Averages
200.75
High
240.00
Current: 151.090
Low
145.00
Averages
200.75
High
240.00
About NRG
NRG Energy, Inc. is an energy and home services company. The Company’s businesses are the sale of electricity and natural gas to residential, commercial, and industrial and wholesale customers, supported by its wholesale electric generation, as well as the sale of smart home products and services. Across the United States and Canada, the Company delivers sustainable solutions, predominately under brand names such as NRG, Reliant, Direct Energy, Green Mountain Energy, and Vivint. Its segments include Texas, East, West/Services/Other, Vivint Smart Home and Corporate activities. It sells a variety of products to residential and small commercial customers, including retail electricity and energy management, natural gas, line and surge protection products and home protection products, repair and maintenance, and carbon offsets. It owns and leases a diversified wholesale generation portfolio with approximately 13 gigawatts of fossil fuel and renewable generation capacity at 18 plants.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
