Xcel Energy stock trades below its yearly high as EPS beats

Xcel Energy stock stood at USD 70.13 on Nasdaq on September 24, 2026, 16.7 percent below its 52-week high of USD 84.23. The second-quarter earnings profile was mixed: earnings beat expectations, while revenue declined.

EPS beats consensus in Q2

According to MarketBeat, Xcel Energy reported USD 0.93 in quarterly EPS for Q2 2026, exceeding the USD 0.79 consensus by USD 0.14. The result also topped the USD 0.75 EPS recorded in Q2 2025.

The earnings beat came with a revenue tradeoff. Xcel Energy generated USD 3.119 billion in Q2 2026, down from USD 3.287 billion a year earlier, a 5.1 percent decline, as lower fuel and purchased power costs were largely passed through to customers.

Guidance holds at USD 4.04

StockTitan reported that Xcel Energy reaffirmed its 2026 ongoing EPS guidance of USD 4.04 to USD 4.16 per share in the June 30, 2026 quarter. The outlook assumes constructive regulatory outcomes, normal weather, higher capital rider revenue, and rising operating costs, depreciation, property taxes, and interest expense.

The balance sheet adds a second constraint to the earnings story. Total debt stood at USD 39.457 billion at June 30, 2026, equal to 62 percent of capitalization, while common equity was USD 24.057 billion.

Stock stays below its yearly high

Xcel Energy shares were down USD 0.53, or 0.75 percent, in Nasdaq trading at 12:59 p.m. ET on September 24, 2026. The session range was USD 69.64 to USD 71.07, compared with a 52-week range of USD 69.64 to USD 84.23.

For investors, the combination of a USD 0.14 EPS beat and a 5.1 percent revenue decline makes regulatory execution and cost recovery central to the next valuation move. The company operates in the Utilities sector and the regulated electric industry, with the earnings range providing the clearest dated benchmark for 2026.