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WEC Energy Group, Inc. (NYSE:WEC) is one of the 10 Best Utility Stocks that Beat Earnings Estimates.

On May 6, 2026, Mizuho raised the firm’s price target on WEC Energy Group, Inc. (NYSE:WEC) to $124 from $121 while maintaining an Outperform rating on the shares.

On May 5, 2026, WEC Energy Group, Inc. (NYSE:WEC) reported Q1 EPS of $2.45, ahead of the $2.30 consensus estimate, while revenue totaled $3.43B compared to expectations of $3.42B. President and CEO Scott Lauber said the company’s continued execution of its capital investment plan and focus on operating efficiencies contributed to solid first-quarter performance. He added that WEC Energy remains focused on delivering reliable and safe energy service while investing to support economic growth across its service territories.

WEC Energy (WEC): The Best Utility Stock that Beat Earnings Estimates

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WEC Energy Group, Inc. (NYSE:WEC) maintained its FY26 EPS outlook of $5.51-$5.61, compared to consensus estimates of $5.60.

Before the earnings release, Wells Fargo raised its price target on WEC Energy Group, Inc. (NYSE:WEC) to $127 from $117 while maintaining an Overweight rating. The firm said it revised its Q1 estimates following discussions with management teams across its regulated utility coverage universe.

WEC Energy Group, Inc. (NYSE:WEC), through its subsidiaries, provides regulated natural gas and electricity services as well as renewable and nonregulated renewable energy solutions in the United States.

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