NRG Energy, Inc. (NYSE:NRG) is included among the 15 Dividend Stocks that Outperform the S&P 500.
On November 20, Morgan Stanley raised its price target on NRG Energy, Inc. to $145 from $144 while maintaining an Equal Weight rating. The firm noted that it is updating price targets for Regulated and Diversified Utilities/IPPs in North America, highlighting that utilities underperformed the S&P’s return in October.
NRG Energy, Inc. reported strong third-quarter 2025 results, with revenue reaching $7.64 billion, up 5.7% from the same period last year. The company provided standalone 2026 guidance (excluding the LS Power portfolio) in line with its long-term growth targets. During the quarter, the company expanded its data center power agreements, bringing total contracted capacity to 445 megawatts and rapidly growing its development pipeline to 5.4 gigawatts.
CEO Lawrence Coben emphasized that NRG Energy, Inc. performed well across all business segments, prompting a $100 million increase in 2025 financial guidance in late September, which was reaffirmed on the earnings call. The LS Power acquisition remains on track for completion in the first quarter of 2026, with all regulatory filings submitted and financing secured on favorable terms.
NRG Energy, Inc. is an integrated energy company that produces and sells electricity and natural gas while providing related home and business services across the United States and Canada.
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