Research Analysts’ Recent Ratings Changes for Xcel Energy (XEL)

Several brokerages have updated their recommendations and price targets on shares of Xcel Energy (NASDAQ: XEL) in the last few weeks:

• 10/15/2026 – Xcel Energy had its price target lowered by Barclays PLC from $90.00 to $85.00. They now have an “overweight” rating on the stock.
• 10/14/2026 – Xcel Energy had its price target lowered by Truist Financial Corporation from $88.00 to $87.00. They now have a “buy” rating on the stock.
• 10/13/2026 – Xcel Energy had its price target lowered by KeyCorp from $90.00 to $87.00. They now have an “overweight” rating on the stock.
• 10/2/2026 – Xcel Energy was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 9/29/2026 – Xcel Energy is now covered by Scotiabank. They set a “sector outperform” rating and a $77.00 price target on the stock.
• 9/29/2026 – Xcel Energy was upgraded by Scotiabank to “strong-buy”.
• 9/26/2026 – Xcel Energy was upgraded by Wall Street Zen from “sell” to “hold”.
• 9/18/2026 – Xcel Energy had its price target lowered by Morgan Stanley from $89.00 to $83.00. They now have an “equal weight” rating on the stock.
• 9/14/2026 – Xcel Energy had its “buy (b-)” rating reaffirmed by Weiss Ratings.
• 8/21/2026 – Xcel Energy had its price target lowered by Morgan Stanley from $92.00 to $89.00. They now have an “equal weight” rating on the stock.

Xcel Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.5925 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.37 dividend on an annualized basis and a dividend yield of 3.2%. Xcel Energy’s dividend payout ratio is currently 64.93%.

Xcel Energy Inc is a public utility holding company that provides electricity and natural gas services to residential, commercial, and industrial customers. Its operations include the generation, transmission, distribution, and sale of electricity, as well as the distribution and sale of natural gas.

The company serves customers across Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin through operating companies including Northern States Power, Public Service Company of Colorado, Southwestern Public Service Company, and NSP-Wisconsin.