JPMorgan has placed Entergy (ETR) on its Analyst Focus List, maintaining an Overweight rating for the company. The firm highlights Entergy's strong appeal in the regulated sector and unique industrial growth trends. The average target price for Entergy is $88.58, with an upside of 2.53% from the current price. The company reported strong Q1 adjusted EPS of $0.82 and announced significant industrial growth with new investments from Hyundai Motor Group, CF Industries, and Woodside.
JPMorgan has placed Entergy (ETR) on its Analyst Focus List, maintaining an Overweight rating for the company. The financial firm highlights Entergy's strong appeal in the regulated sector and unique industrial growth trends. The average target price for Entergy is $88.58, with an upside of 2.53% from the current price of $86.40 [1].
Entergy reported strong Q1 adjusted EPS of $0.82, keeping the company on track for its 2025 guidance. The company announced significant industrial growth with new investments from Hyundai Motor Group, CF Industries, and Woodside, expected to boost economic development in Louisiana [1].
The company's capital plan includes over $5 billion of renewable investments through 2028 and has secured its equity needs into 2027, ensuring access to capital needed to execute its plan. Entergy also received regulatory approvals for key projects, including a $0.5 billion transmission project in Louisiana and a combined cycle gas plant in Mississippi [1].
However, the company faces challenges such as higher interest expenses and depreciation due to investments, potential impacts from tariffs, and macroeconomic uncertainty. These factors may affect the company's financial performance in the short term [1].
In contrast, Constellation Energy Corporation (CEG), a leading U.S. clean energy company, reported a total return of approximately 55.01% over the past 12 months, significantly outpacing the S&P 500 Total Return of about 12.97%. CEG's revenue grew to a TTM $24.2 billion, with Q1 2025 revenues up 10.2% year-over-year. The company's nuclear fleet operates with a capacity factor above 94%, ensuring stable output [2].
References:
[1] https://www.gurufocus.com/news/2989071/entergy-etr-gains-spotlight-on-jpmorgans-analyst-focus-list--etr-stock-news
[2] https://finimize.com/content/ceg-asset-snapshot
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