Entergy (ETR) Launches $2.17B Common Stock Offering

Entergy Corporation (NYSE:ETR) is one of the 15 Best Power Generation Stocks To Buy For Data Center Demand.

On May 5, 2026, Entergy Corporation (NYSE:ETR) announced the launch of a registered underwritten offering of $2.17B in common stock, subsequently priced at $113.00. Wells Fargo Securities, Citigroup, Barclays, and Scotiabank are serving as joint book-running managers.

On April 30, 2026, Scotiabank raised its price target on Entergy Corporation (NYSE:ETR) to $129 from $114 and maintained an Outperform rating. The firm called Entergy a “standout” utility tied to data center demand and cited another earnings beat-and-raise quarter, adding that the stock remains one of its top regulated utility picks.

UBS also raised its price target on Entergy Corporation (NYSE:ETR) to $135 from $131 and kept a Buy rating. The firm pointed to increased capital investment plans and higher 2029 EPS guidance tied to data center expansion opportunities, including Meta-related demand. UBS added that management’s commentary supported a favorable long-term growth outlook extending into 2030.

Entergy (ETR) Launches $2.17B Common Stock Offering

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On April 29, 2026, Entergy Corporation (NYSE:ETR) reported Q1 adjusted EPS of 86c versus 84c consensus. CEO Drew Marsh said the company announced another hyperscale agreement in Louisiana that includes an estimated additional $2B of savings for retail customers under its Fair Share Plus pledge.

Entergy Corporation (NYSE:ETR) produces and distributes electricity across the United States.

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