NRG Energy Q2 Earnings Call Focuses on Customer-Backed Power
NRG builds its growth strategy around a 1.2-GW Texas data-center power project, targeting protected returns and customer-backed cash flows.
Zacks Investment Research8/6/2026Neutral
NRG
NRG Energy Inc.NYSEUTILITIESUTILITIES - INDEPENDENT POWER PRODUCERS
Key Statistics
Market Cap
$25.72B
P/E Ratio
31.87
EPS
$3.84
Beta
1.20
52W High
$188.71
52W Low
$112.50
50-Day MA
$132.88
200-Day MA
$150.84
Dividend Yield
1.48%
Profit Margin
2.56%
Forward P/E
14.27
PEG Ratio
0.61
About NRG Energy Inc.
NRG Energy, Inc. is a large American energy company, headquartered in Houston, Texas. It was formerly the wholesale arm of Northern States Power Company (NSP), which became Xcel Energy, but became independent in 2000. NRG Energy is involved in energy generation and retail electricity.
Fundamentals
| Revenue (TTM) | $33.12B |
| Gross Profit (TTM) | $6.23B |
| EBITDA | $3.25B |
| Operating Margin | 12.80% |
| Return on Equity | 23.80% |
| Return on Assets | 4.06% |
| Revenue/Share (TTM) | $164.80 |
| Book Value | $19.99 |
| Price-to-Book | 6.31 |
| Price-to-Sales (TTM) | 0.78 |
| EV/Revenue | 1.524 |
| EV/EBITDA | 13.52 |
| Quarterly Earnings Growth (YoY) | -85.60% |
| Quarterly Revenue Growth (YoY) | 11.00% |
| Shares Outstanding | $210.21M |
| Float | $209.32M |
| % Insiders | 4.46% |
| % Institutions | 95.92% |
Historical Volatility
HV 10-Day
94.55%
HV 20-Day
82.24%
HV 30-Day
68.48%
HV 60-Day
56.74%
HV Rank
98.4%
Volatility is currently expanding
Analyst Ratings
Consensus ($189.44 target)
3
Strong Buy11
Buy2
Hold1
Strong SellLatest News
NRG Energy: Aggressive GW Expansion (Rating Upgrade)
NRG Energy is upgraded to Buy following its transformative LS Power acquisition and new hyperscaler-focused BYOP project. NRG's 1.2 GW Texas gas plant, expandable to 5.4 GW, secures long-term EBITDA growth via capacity-based PPAs and asset-backed hedges. Despite higher capex and leverage, NRG trades at a deep discount to peers, with nearly 50% upside projected to YE27 at 15x PE.
Seeking Alpha8/6/2026Positive
NRG Energy Q2 Earnings Call Highlights
NRG Energy NYSE: NRG reported second-quarter 2026 adjusted EBITDA of $1.2 billion, up 34% from a year earlier, while outlining plans for a 1.2-gigawatt Texas power plant intended to support a cloud and artificial intelligence hyperscaler's data center load.
MarketBeat8/5/2026Neutral
NRG Energy, Inc. (NRG) Q2 2026 Earnings Call Transcript
NRG Energy, Inc. (NRG) Q2 2026 Earnings Call Transcript
Seeking Alpha8/4/2026Neutral
NRG Energy Q2 Earnings Lag Estimates, Revenues Increase Y/Y
NRG's Q2 earnings miss estimates, but revenues climb 11% as lower operating costs and shareholder returns support performance.
Zacks Investment Research8/4/2026Negative
NRG Energy (NRG) Misses Q2 Earnings Estimates
NRG Energy (NRG) came out with quarterly earnings of $1.49 per share, missing the Zacks Consensus Estimate of $1.66 per share. This compares to earnings of $1.68 per share a year ago.
Zacks Investment Research8/4/2026Negative
NRG Energy Reports Second Quarter 2026 Results and Reaffirms 2026 Financial Guidance
HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE: NRG) today announced financial results for the second quarter ended June 30, 2026, and reports GAAP Net Income of $506 million, GAAP Earnings per Share (EPS) — basic of $2.32, and GAAP Cash Provided by Operating Activities of $1,117 million. The Company's non-GAAP metrics are Adjusted Net Income of $315 million, Adjusted EPS of $1.49, Adjusted EBITDA of $1,217 million, and Free Cash Flow before Growth Investments (FCFbG) of $1,025 million for th.
Business Wire8/4/2026Neutral
NRG Energy Gears Up to Report Q2 Earnings: Here's What to Expect
NRG heads into Q2 earnings with expectations under pressure, while new generation capacity, data center demand and share repurchases may support its quarterly results.
Zacks Investment Research7/31/2026Neutral
VST or NRG: Which Utility Stock Has Greater Upside Potential?
Vistra leads NRG Energy on ROE, margins, earnings momentum and share gains, signaling greater upside despite its premium valuation.
Zacks Investment Research7/28/2026Positive
NRG Energy (NRG) Earnings Expected to Grow: Should You Buy?
NRG (NRG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zacks Investment Research7/28/2026Neutral
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Data last updated: 8/18/2026