10:10 AM EDT, 05/11/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
Our 12-month target price is unchanged at $189, valuing shares at 19.2x our next-12-month EPS estimate of $9.86, slightly below IPP peers averaging 19.5x but significantly above NRG's highly volatile three-year historical forward average of 13.5x. We lower our 2026 EPS estimate by $0.31 to $8.84 but increase 2027 EPS by $0.34 to $11.34. We forecast NRG will grow EPS at a 16.3% CAGR in 2025-2030, significantly outpacing the Electric Utilities peer average of 7.6% (excluding NRG and CEG). However, NRG lags its closer IPP comparables, which we project will achieve even more robust growth rates: CEG at 17.2%, VST at 26.7%, and TLN at 49.3%. We believe this growth profile makes it an attractive proposition for growth-oriented investors willing to accept higher volatility. NRG has signed 445 MW of data center power purchase agreements and is targeting at least 1 GW of additional Bring Your Own Power deals in 2026, with discussions actively progressing. We see an attractive entry point with shares down ~13% YTD.