Buyback Program Launch: Xcel Energy has announced the initiation of three bond buyback offers totaling $345 million, aimed at optimizing its capital structure and reducing financing costs.
Bond Acceptance Priority: The buyback will be conducted based on acceptance priority levels, ensuring that all validly tendered bonds will be accepted, thereby safeguarding investors' claims and enhancing market confidence.
Buyback Timeline: The offers will expire on December 19, 2025, allowing investors to withdraw their tenders at any time before this date, providing flexibility to respond to market changes.
Interest Payment Assurance: Holders of bonds accepted for purchase will receive accrued interest payments on the settlement date, ensuring that investors do not lose interest income due to delays in fund transmission during the buyback process.
XEL
$75.14+Infinity%1D
Analyst Views on XEL
Wall Street analysts forecast XEL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XEL is 89.13 USD with a low forecast of 84.00 USD and a high forecast of 97.00 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.
15 Analyst Rating
Wall Street analysts forecast XEL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XEL is 89.13 USD with a low forecast of 84.00 USD and a high forecast of 97.00 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.
13 Buy
2 Hold
0 Sell
Strong Buy
Current: 75.150
Low
84.00
Averages
89.13
High
97.00
Current: 75.150
Low
84.00
Averages
89.13
High
97.00
KeyBanc
Overweight
downgrade
$85 -> $84
2025-12-12
New
Reason
KeyBanc
Price Target
$85 -> $84
2025-12-12
New
downgrade
Overweight
Reason
KeyBanc lowered the firm's price target on Xcel Energy to $84 from $85 and keeps an Overweight rating on the shares. The firm notes shares are trading at a slight discount to large-cap peers, compared to its historical premium in the 2-4-times range. KeyBanc believes that the shares present a rare discount to peers. Given Xcel's history of strong execution and leadership in the renewables space, and the long-term rate base opportunity, the firm maintains its confidence in the name and thinks Xcel remains among the strongest equity compounder stories in the sector and thus deserves to trade at a premium valuation.
JPMorgan
Jeremy Tonet
Overweight
downgrade
$90 -> $87
2025-12-11
New
Reason
JPMorgan
Jeremy Tonet
Price Target
$90 -> $87
2025-12-11
New
downgrade
Overweight
Reason
JPMorgan analyst Jeremy Tonet lowered the firm's price target on Xcel Energy to $87 from $90 and keeps an Overweight rating on the shares. The firm updated models in the North American utilities group.
Barclays
Overweight
maintain
$83 -> $85
2025-11-05
Reason
Barclays
Price Target
$83 -> $85
2025-11-05
maintain
Overweight
Reason
Barclays raised the firm's price target on Xcel Energy to $85 from $83 and keeps an Overweight rating on the shares. The firm believes Xcel's valuation can accelerate towards a sector-high premium post the Q3 report. The company's wildfire risk subsiding, while investors get 9% earnings growth today, the analyst tells investors in a research note.
Citi
Ryan Levine
Buy
maintain
$80 -> $92
2025-11-03
Reason
Citi
Ryan Levine
Price Target
$80 -> $92
2025-11-03
maintain
Buy
Reason
Citi analyst Ryan Levine raised the firm's price target on Xcel Energy to $92 from $80 and keeps a Buy rating on the shares.
About XEL
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.
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.
