NYSE · NRG
NRG Energy, Inc.
Utilities · Independent Power Producers
$94.62▼ 1.01% ($0.96)at close
As of 4:00 PM ET
Valuation
Revenue & margin DCF
Verdict: fairly priced. Price above Base.
The price needs 3.1% revenue growth a year for 10 years. Our scenarios assume 1.8–4.4%.
That's about its past 4-year pace of 3.3%.
Value per share
Base case
$86.17
Price used $94.62 is 10% above this
USD · TTM ending Jun 30, 2026 · Price Nov 2, 9:00 PM UTC
Revenue each value needs
Revenue today $33.2B. The price needs $45.2B by 2036. Base case: $42.6B. At its recent pace: $45.8B. Bear to Bull: $39.7B to $51B.
Revenue today $33.2B. The price needs $45.2B by 2036. Base case: $42.6B. At its recent pace: $45.8B. Bear to Bull: $39.7B to $51B.
Revenue in 2036
today $33.2B
+$2.6Bmore than the Base case · 1.1×
Value per share · Base case
$86.17
Price $94.62
10% above this
- 10-yr revenue CAGR
- 2.5%
- Ending operating margin
- 5.7%
- Discount rate
- 7.2%
USD · TTM ending Jun 30, 2026 · Price Nov 2, 9:00 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 45.77% over the last year. Revenue grew 12.95% over the trailing twelve months. Operating margin moved from 4.49% to 5.75%. Free cash flow declined 75.04% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price. The market appears to be discounting durability, risk, or trust rather than just the latest reported numbers.
What would invalidate this read
This read changes if operating margin (currently 5.75%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Return analysis
Company profile
NRG Energy, Inc., together with its affiliated entities, operates as a comprehensive power utility spanning the United States.
Market multiples
Stock splits
Every 1 shares became 2
Profitability & growth
Analyst consensus
20
Buy
7
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Actuals vs estimates by quarter, or any quarter against the same one a year earlier.
Next report
Nov 9, 2026
Q3 FY26 · EPS est $3.35 · Revenue est $8.4B
Same quarter, year over year
FY26 YTD -31.9%Each cell vs the same quarter a year earlier (the cell below) · Q1–Q2 combined $2.97 vs $4.36 · 0 of 2 quarters up
Q1
Q2
Q3
Q4
FY total
FY26
—
—
FY25
FY24
FY23
—
—
—
Fiscal year totals
- FY25
- $8.14
- -11.5%
- FY24
- $9.20
- —
Q2 FY26
Reported Aug 4, 2026 · Latest
HoverTap a cell to inspect
Actual
$1.49
Estimate
$1.69
Year over year
-11.3%
Vs prior quarter
+0.7%
Institutional Sentiment
NRG Energy, Inc. · NRG
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.