Evergy (EVRG) – One of the Best Utility Stocks to Buy for Dividends

Evergy, Inc. (NASDAQ:EVRG) is included among the 12 Best Utility Stocks to Buy for Dividends.

Evergy (EVRG) - One of the Best Utility Stocks to Buy for Dividends

Evergy, Inc. (NASDAQ:EVRG) delivers electricity to approximately 1.8 million residential and commercial customers to homes and businesses in Kansas and Missouri.

Evergy, Inc. (NASDAQ:EVRG) received a boost earlier this month when Barclays raised the stock’s price target from $73 to $80, while keeping an ‘Outperform’ rating on its shares. The analyst expects the utility to deliver a ‘quieter’ report for the third quarter, with potential updates on load growth. However, a refreshed business plan is expected in the fourth quarter, with an upward bias for consensus estimates.

Evergy, Inc. (NASDAQ:EVRG) is also making its way in the rapidly evolving nuclear energy sector to make sure it has enough capacity available to serve its customers. Last month, the company signed an MoU to explore sites for a nuclear power project and energy storage system within its service territory using TerraPower’s Natrium nuclear technology.

The share price of Evergy, Inc. (NASDAQ:EVRG) has gained by over 27% since the beginning of 2025, with the stock trading at its all-time high as of the writing of this piece.

While we acknowledge the potential of EVRG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than EVRG and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.