Citigroup Maintains 'Buy' Rating on EVRG, Increases Price Target to USD 95 | EVRG Stock News
Citigroup has reiterated its 'Buy' rating on Evergy (EVRG) and raised its price target from USD 89 to USD 95, representing a 6.74% increase. This update comes amidst several other recent analyst adjustments for Evergy, including UBS downgrading to 'Neutral' and BMO Capital maintaining 'Outperform'. Evergy, a regulated electric utility, has an average analyst price target of $85.36, suggesting a 6.35% upside from its current price, although GuruFocus estimates a downside based on its GF Value.
The "Super Pipe" Revolution: FCC’s 900 MHz Expansion Signals a New Era for Anterix and the Future of Private Wireless
The FCC has unanimously approved the expansion of the 900 MHz broadband segment from 6 MHz to 10 MHz, creating a "super pipe" for private LTE networks. This decision significantly benefits Anterix Inc. (NASDAQ: ATEX), the primary license holder, boosting the value of its assets and enabling advanced applications for utilities and industrial giants. The move de-risks utility investments in private networks and positions Anterix for substantial growth, while potentially impacting traditional commercial wireless carriers.
Evergy (NASDAQ:EVRG) Price Target Raised to $83.00 at Wells Fargo & Company
Wells Fargo & Company has raised its price target for Evergy (NASDAQ:EVRG) from $79.00 to $83.00, maintaining an "equal weight" rating, which suggests a potential upside of 3.69%. This adjustment comes despite Evergy missing its Q4 EPS consensus and providing FY-2026 EPS guidance below some Street expectations. The company also declared a quarterly dividend, announced new customers, and outlined a substantial five-year capital expenditure plan, which is seen as supportive for long-term growth but introduces near-term execution risks.
PPL Earnings Miss Estimates in Q4, Revenues Increase Y/Y
PPL Corporation reported Q4 2025 operating earnings per share of 41 cents, missing the Zacks Consensus Estimate by 2.4%, though revenues increased 2.8% year-over-year to $2.27 billion. Despite the earnings miss, the company saw increased electricity sales and lower operating expenses in the quarter. PPL provided 2026 earnings guidance of $1.90-$1.98 per share and raised its planned infrastructure investments to $23 billion for 2026-2029.
PPL Earnings Miss Estimates in Q4, Revenues Increase Y/Y
PPL Corporation reported fourth-quarter 2025 operating earnings per share of 41 cents, missing the Zacks Consensus Estimate of 42 cents, though revenues increased year-over-year to $2.27 billion. The company also announced an increase in its planned infrastructure investments to $23 billion for 2026-2029 and expects 2026 earnings to be between $1.90 and $1.98 per share. PPL currently holds a Zacks Rank #2 (Buy).
IDACORP Q4 Earnings Beat Estimates, Revenues Increase Y/Y
IDACORP (IDA) reported strong fourth-quarter 2025 earnings of 78 cents per share, surpassing the Zacks Consensus Estimate by 5.4% and increasing 11.4% year-over-year due to customer growth, rate changes, and lower tax expenses. The company's total revenues reached $405.2 million, up 1.8% from the previous year, although it slightly missed the consensus estimate. IDACORP also provided optimistic 2026 earnings guidance, projecting $6.25-$6.45 per share, and outlined significant capital expenditure plans.
Evergy’s capital spending plan jumps 24% to $21.6B, driven by generation
Evergy has increased its five-year capital spending plan by 24% to $21.6 billion to meet surging electricity demand from data centers and industrial facilities like Panasonic's EV battery plant. The utility recently signed service agreements totaling 1.9 GW with Google, Meta, and Beale Infrastructure, leading to a projected 6% annual retail sales growth through 2030.
Evergy, Inc. (NASDAQ:EVRG) Q4 2025 Earnings Call Transcript
Evergy, Inc. (NASDAQ: EVRG) announced its Q4 2025 earnings, reporting $0.42 EPS against expectations of $0.57. Despite missing earnings, the company raised its long-term adjusted EPS growth target to 6-8% through 2030, driven by new electric service agreements for four major data center projects representing 1.9 gigawatts of steady-state peak demand. Evergy outlined a $21.6 billion capital investment plan for 2026-2030, projecting an 11.5% annualized rate base growth and emphasizing customer affordability and grid modernization.
Evergy: Fourth Quarter Financial Highlights
Evergy reported a profit of $84.3 million ($0.36 per share, or $0.42 adjusted) on $1.34 billion revenue for the fourth quarter. For the full year, the company's profit was $855.6 million ($3.66 per share) on $5.96 billion in annual revenue. Evergy forecasts full-year earnings between $4.14 and $4.34 per share.
Evergy: Q4 Earnings Snapshot
Evergy Inc. reported a profit of $84.3 million, or 36 cents per share, in its fourth quarter, with adjusted earnings of 42 cents per share. The electric utility's revenue for the quarter was $1.34 billion, and for the full year, it reported a profit of $855.6 million, or $3.66 per share, on revenue of $5.96 billion. Evergy projects its full-year earnings to be between $4.14 and $4.34 per share.
Evergy Inc. (NASDAQ:EVRG) Plans Quarterly Dividend of $0.70
Evergy Inc. (NASDAQ:EVRG) has declared a quarterly dividend of $0.695 per share, payable on March 20th to shareholders of record on March 10th. This represents a 3.5% dividend yield, and the company has consistently increased its dividend for 20 consecutive years. Analysts expect Evergy to continue covering its dividend with a future payout ratio of around 69%.
Evergy's Q4 Earnings Miss Estimates, Revenues Increase Y/Y
Evergy, Inc. (EVRG) reported fourth-quarter 2025 operating earnings per share of 42 cents, missing the Zacks Consensus Estimate of 57 cents by 26.3%, despite full-year 2025 adjusted EPS increasing to $3.83. The company's quarterly revenues reached $1.34 billion, surpassing estimates and showing a year-over-year increase. Evergy provided a 2026 adjusted EPS guidance of $4.14-$4.34 and expects an annual growth target of 6-8% through 2030, but currently holds a Zacks Rank #4 (Sell).
Ontario Teachers Pension Plan Board Acquires 14,204 Shares of Evergy Inc. $EVRG
The Ontario Teachers Pension Plan Board increased its stake in Evergy Inc. (NASDAQ:EVRG) by 22.9% in the third quarter, acquiring 14,204 additional shares to hold a total of 76,358 shares valued at approximately $5.81 million. Institutional investors collectively own about 87.24% of Evergy's stock. The company has a current market capitalization of $18.51 billion, a P/E ratio of 22.03, and a "Moderate Buy" consensus analyst rating with an average price target of $84.25.
Evergy Inc (NASDAQ:EVRG) Posts Q4 Earnings Miss, Sets Bullish 2026 Guidance and Long-Term Growth Target
Evergy Inc (NASDAQ:EVRG) reported a Q4 2025 earnings and revenue miss, primarily due to milder weather and demand headwinds. Despite this, the stock saw a positive reaction driven by the company's optimistic 2026 adjusted EPS guidance of $4.14-$4.34 and a new long-term annual adjusted EPS growth target of 6% to 8%+ through 2030, exceeding 8% starting in 2028. Strategic developments, such as new Large Load Power Service tariffs and secured industrial customer agreements, are expected to fuel future growth.
Evergy: Q4 Earnings Snapshot
Evergy, Inc. (EVRG) reported a Q4 profit of $84.3 million, or 36 cents per share, with adjusted earnings of 42 cents per share. The electric utility generated $1.34 billion in revenue for the quarter. For the full year, Evergy posted a profit of $855.6 million, or $3.66 per share, on revenue of $5.96 billion, and projects full-year earnings between $4.14 and $4.34 per share.
Evergy Inc (EVRG) Lags Q4 Earnings Estimates
Evergy Inc. (EVRG) reported Q4 earnings of $0.42 per share, falling short of the Zacks Consensus Estimate of $0.57 per share, an earnings surprise of -25.66%. Despite missing earnings estimates, the company's Q4 revenues of $1.34 billion surpassed the consensus by 4.29%. The stock currently holds a Zacks Rank #4 (Sell), suggesting it may underperform the market in the near future.
Evergy Expects 2026 Earnings To Rise
Evergy Inc. (EVRG) has released its guidance for fiscal year 2026, projecting adjusted earnings of $4.14 to $4.34 per share, an increase from $3.83 per share in fiscal 2025. The company also set a long-term adjusted EPS growth target of 6% to 8%+ annually through 2030, based on the 2026 guidance midpoint. Evergy anticipates its adjusted EPS growth will exceed 8% from 2028 through 2030, boosted by new and expanding customer projects.
EVERGY ($EVRG) Releases Q4 2025 Earnings
EVERGY ($EVRG) reported its Q4 2025 earnings, with results falling short of analyst estimates. The company posted earnings per share of $0.42 against an estimated $0.58, and revenue of $1.34 billion, missing the $1.46 billion estimate. The article also provides details on insider trading, hedge fund activity, government contracts, and analyst ratings with price targets for EVRG stock.
Evergy Releases 2025 Results, Announces New Large Customers, Declares Quarterly Dividend and Establishes 2026 Guidance
Evergy (NASDAQ: EVRG) announced its 2025 full-year GAAP earnings of $3.66 per share and adjusted EPS of $3.83, alongside a quarterly dividend of $0.6950 per share. The company also signed electric service agreements for four large customer projects, introduced a 2026E-2030E capital investment plan of $21.6 billion, and established 2026 adjusted EPS guidance of $4.14-$4.34, targeting 6-8%+ long-term adjusted EPS growth through 2030. These results were supported by regulated investments and demand growth, partially offset by increased expenses and milder weather.
Evergy Outlines 2026 Guidance and Long-Term Growth Plan
Evergy (EVRG) reported its full-year 2025 GAAP earnings and adjusted EPS, declaring a quarterly dividend and detailing new large load power service tariffs. The company also unveiled a $21.6 billion 2026-2030 capital plan, set 2026 adjusted EPS guidance, and outlined a 6%-8%+ long-term earnings growth target through 2030. TipRanks' AI Analyst, Spark, rates EVRG as Neutral due to mixed financial performance but notes stable EPS and dividend increase.
Evergy's Q4 adjusted EPS misses analyst expectations
Evergy (EVRG) announced that its Q4 adjusted EPS missed analyst expectations. This report, under a minute long, was provided by Refinitiv/Reuters and pertains to US stocks.
Evergy plans $21.6B grid buildout as big power users sign on
Evergy (NASDAQ: EVRG) announced its 2025 financial results, with GAAP earnings of $3.66 per share and adjusted EPS of $3.83. The company declared a quarterly dividend of $0.6950 per share and established a 2026 adjusted EPS guidance of $4.14 - $4.34, alongside a long-term growth target of 6-8%+ through 2030, supported by a new $21.6 billion capital investment plan and electric service agreements with four large customers under new power service tariffs.
Over 1,000 Evergy customers offline due to mid evening power outage in Emporia
Over 1,000 Evergy customers in Emporia are without power due to a mid-evening outage that began around 7:30 PM. The outage has affected a significant area and disabled traffic lights at several intersections. Initial indications suggest a blown transformer may be the cause, with Evergy estimating power restoration by 9 PM.
Evergy earnings on deck: Can growth outlook justify valuation?
Evergy Inc. is due to report fourth-quarter earnings, with analysts expecting 54 cents per share on $1.41 billion in revenue. Investors are keenly awaiting the utility's updated long-term growth outlook, particularly concerning the data center construction boom in Kansas and Missouri, which could significantly impact future electricity demand. The company's valuation, currently trading near the industry average, hinges on its ability to demonstrate actionable growth strategies and manage regulatory challenges, especially after a recent earnings miss and a downgrade from UBS.
Evergy earnings on deck: Can growth outlook justify valuation?
Evergy Inc. is poised to announce its fourth-quarter earnings, with investors keenly awaiting details on its long-term growth strategy, particularly concerning a potential data center construction boom. While analysts expect strong Q4 profit and revenue growth, concerns linger about the company's valuation and its ability to execute on large-load customer growth plans. The upcoming earnings call is critical for Evergy to justify its stock performance and convince investors of its future growth prospects amidst increasing grid infrastructure challenges and regulatory complexities.
Assessing Evergy (EVRG) Valuation After Recent Share Price Momentum And Mixed Fair Value Signals
Evergy (EVRG) has seen recent share price momentum, closing at $81.51, with a 26.34% total shareholder return over the past year. While one valuation model suggests the stock is modestly undervalued at $84.05 based on earnings and growth prospects, another discounted cash flow (DCF) model indicates it may be overvalued at $65.79. Investors are advised to consider both perspectives and analyze the underlying assumptions and risks before making investment decisions.
Evergy (NASDAQ:EVRG) Sets New 1-Year High - Time to Buy?
Evergy (NASDAQ:EVRG) recently reached a new 52-week high, trading as high as $83.19. Several research firms have updated their price targets and ratings on the stock, with a consensus "Moderate Buy" rating and an average price target of $84.25. Institutional investors have also shown increased interest, with significant stake increases from firms like Adage Capital Partners GP L.L.C. and ExodusPoint Capital Management LP.
Evergy to Post Q4 Earnings: What to Expect From the Stock?
Evergy (EVRG) is scheduled to release its fourth-quarter 2025 results on February 19, with analysts expecting a significant year-over-year surge in earnings per share and a modest increase in revenues. The company's earnings are likely to be positively impacted by investments in grid modernization, energy efficiency programs, cost-saving initiatives, the Kansas Central Rate Case, economic development in service territories, and rising demand for data centers. However, higher interest expenses are expected to partially offset these gains, and a quantitative model does not conclusively predict an earnings beat due to a negative Earnings ESP and a Zacks Rank #4 (Sell).
Evergy (NASDAQ:EVRG) Hits All-Time High Elevating Nasdaq 100 Index Position
Evergy (NASDAQ:EVRG) has achieved a 12-month high due to robust electricity demand and strong institutional support. Its position within the Nasdaq 100 Index underscores its market confidence and stability, solidifying its role as a key player in the energy sector. Evergy is a regulated electric utility serving Kansas and western Missouri, with a significant market capitalization reflecting its industry standing despite facing regulatory challenges.
FirstEnergy Transmission and Transource Energy Joint Venture Receive Approval for Major Electric Transmission Project in Central Ohio
FirstEnergy Transmission and Transource Energy, through their joint venture Grid Growth Ventures LLC, have received approval from PJM Interconnection for a significant electric transmission project in central Ohio. This project, which includes over 300 miles of new 765-kilovolt lines and substation upgrades, aims to enhance grid capacity, reliability, and support economic growth in the fast-growing Columbus region. The collaboration leverages the combined expertise of FirstEnergy, American Electric Power (AEP), and Evergy to address rising electricity demand from new manufacturing facilities, data centers, and electric vehicles.
Transource Energy and FirstEnergy Transmission Joint Venture Receive Approval for Major Electric Transmission Project in Central Ohio
Transource Energy and FirstEnergy Transmission's joint venture has received approval from PJM Interconnection for a significant electric transmission project in central Ohio. This project, which includes about 300 miles of new 765-kilovolt lines and substation upgrades, aims to enhance grid capacity and reliability, support economic growth, and meet rising electricity demand in the rapidly growing Columbus region. The collaboration, formed as Grid Growth Ventures, LLC, leverages the companies' expertise to address the power needs driven by new manufacturing facilities, data centers, and electric vehicles.
FirstEnergy Transmission and Transource Energy Joint Venture Receive Approval for Major Electric Transmission Project in Central Ohio
PJM Interconnection has approved a major electric transmission project in central Ohio, developed jointly by FirstEnergy Transmission and Transource Energy. This initiative aims to enhance grid capacity and reliability in the rapidly growing greater Columbus region, supporting increasing electricity demand from manufacturing, data centers, and electric vehicles. The project involves over 300 miles of new 765-kilovolt lines and substation upgrades, leveraging combined expertise to offer cost-effective solutions for the region's power needs.
FirstEnergy Transmission and Transource Energy Joint Venture Receive Approval for Major Electric Transmission Project in Central Ohio
FirstEnergy Transmission and Transource Energy's joint venture, Grid Growth Ventures LLC, has received approval from PJM Interconnection for a significant electric transmission project in central Ohio. This project, featuring over 300 miles of new 765-kilovolt lines, aims to enhance grid capacity, reliability, and support economic growth in the rapidly expanding Columbus region. The collaboration leverages both companies' expertise to meet increasing electricity demand from manufacturing facilities, data centers, and electric vehicles.
Transource Energy and FirstEnergy Transmission Joint Venture Approved for Major Electric Transmission Project in Central Ohio
Transource Energy, a joint venture between American Electric Power Company and Evergy, Inc., along with FirstEnergy Transmission, LLC, has received PJM Interconnection approval for a significant electric transmission project in central Ohio. This project, involving 300 miles of new 765-kilovolt lines and substation upgrades, aims to address critical infrastructure needs and support the rapidly growing Columbus region's energy demands. The initiative aligns with FERC's push for efficient regional transmission development and is expected to enhance reliability for economic growth drivers like manufacturing, data centers, and electric vehicles.
FirstEnergy Transmission and Transource Energy Joint Venture Receive Approval for Major Electric Transmission Project in Central Ohio
FirstEnergy Transmission and Transource Energy have received approval from PJM Interconnection for a significant electric transmission project in central Ohio. This joint venture, named Grid Growth Ventures LLC, will develop over 300 miles of new 765-kilovolt lines and substation upgrades to enhance grid capacity, reliability, and support economic growth in the rapidly expanding Columbus region. The project aims to provide more reliable service, attract new businesses, stabilize energy costs, and leverage the expertise of both companies in extra-high voltage transmission development.
New 765-kV power lines could serve 2M homes near Columbus
FirstEnergy Transmission and Transource Energy have received approval from the PJM Board to jointly develop a major electric transmission project in central Ohio. This project will include over 300 miles of new 765-kV lines and substation upgrades, aiming to enhance reliability, support growing demand in the Columbus region, and attract new industry. The collaboration, through Grid Growth Ventures LLC, is designed to reduce land use and deliver cost-effective solutions for the region's increasing power needs.
Caprock Group LLC Makes New Investment in Evergy Inc. $EVRG
Caprock Group LLC has acquired a new stake of 20,581 shares in Evergy Inc. (NASDAQ:EVRG) during the third quarter, valued at approximately $1.482 million. The article details other institutional investments in Evergy, noting that institutional investors own about 87.24% of the company's stock. Analysts currently hold a "Moderate Buy" consensus rating for Evergy, with a target price of $84.25, while the stock trades near its 52-week high.
LSV Asset Management Lowers Stock Holdings in Evergy Inc. $EVRG
LSV Asset Management significantly reduced its stake in Evergy Inc. (NASDAQ:EVRG) by 33.9% in the third quarter of 2025, selling 87,266 shares but still retaining 170,000 shares valued at approximately $12.9 million. Despite this reduction, Evergy exhibits high institutional ownership at 87.24%, with other investment firms like Synergy Asset Management and iA Global Asset Management increasing their positions. The stock currently holds a "Moderate Buy" consensus rating from analysts, with a target price of $84.25, though recent analyst notes show mixed sentiment.
Evergy shows improved relative price performance; still shy of benchmark
This article indicates that Evergy (EVRG) has shown improved relative stock price performance recently, suggesting a positive trend. However, its performance still lags behind the overall market benchmark.
Anterix Inc. (NASDAQ:ATEX) Q3 2026 Earnings Call Transcript
Anterix Inc. held its Q3 2026 earnings call, with President and CEO Scott Lang highlighting the company's transformation, including reduced operating expenses, a strengthened balance sheet, and the launch of the Anterix Accelerator program. CFO Elena Marquez detailed the financial position, including the $13 million CPS Energy contract and an increased cash proceeds projection for the fiscal year. The company is cautiously optimistic about an upcoming FCC Report and Order on February 18, which could enable broadband deployment across the full 10 MHz of the 900 MHz band, further solidifying its position in utility private wireless.
UBS Downgrades Evergy to Neutral From Buy, Adjusts Price Target to $88 From $86
UBS has downgraded Evergy (EVRG) stock from "Buy" to "Neutral" and increased its price target from $86 to $88. This adjustment reflects the bank's revised outlook on the electric utility company. The article also provides a brief company profile for Evergy, including its production capacity and employee count, and lists other recent analyst activities for the stock.
Illinois Municipal Retirement Fund Trims Stock Position in Evergy Inc. $EVRG
The Illinois Municipal Retirement Fund reduced its stake in Evergy Inc. (NASDAQ:EVRG) by 47.5% in the third quarter of last year, selling 125,625 shares and ending the period with 138,794 shares valued at $10.55 million. Despite this reduction, other institutional investors have increased their positions, maintaining overall institutional ownership at approximately 87.24%. Analysts generally hold a "Moderate Buy" rating for Evergy, with an average price target of $83.63.
Google confirms $10B Project Mica in Northland
Google has confirmed its plan to build the enormous $10 billion Project Mica data center campus in Kansas City's Northland area, solidifying one of the city's largest development deals. Under an agreement with Evergy, Google will cover the full energy costs for the facility, which could require up to 500 megawatts of power. The project includes significant upfront workforce funding for local school districts and is expected to support numerous construction jobs, though details on permanent positions and water usage remain to be fully disclosed.
Evergy Secures New $500 Million Term Loan Facility
Evergy Inc. has secured a new $500 million unsecured term loan credit facility, replacing a smaller $55 million loan. This new facility, maturing in February 2027, will be used for working capital, capital expenditures, acquisitions, and to repay the previous loan, enhancing Evergy's liquidity and financial flexibility. Analysts currently rate EVRG stock as a Buy with an $82.00 price target, while TipRanks' AI Analyst, Spark, gives it a Neutral score due to mixed financial performance despite a solid dividend yield.
Evergy stock hits all-time high of 79.33 USD By Investing.com
Evergy Inc. (EVRG) has reached an all-time high of $79.33 per share, reflecting increased investor confidence and a 23.63% stock value hike over the past year. Despite this growth and a 3.53% dividend yield maintained for 34 years, Mizuho has downgraded Evergy from Outperform to Neutral due to valuation concerns, lowering its price target to $76.00. InvestingPro analysis suggests the stock might be trading above its fair value.
Evergy stock hits all-time high of 79.33 USD
Evergy Inc. (EVRG) stock has reached an all-time high of $79.33, driven by increased investor confidence and a 23.63% increase in stock value over the past year. Despite this milestone, InvestingPro analysis suggests the stock might be trading above its fair value, and Mizuho recently downgraded the stock from Outperform to Neutral due to valuation concerns, adjusting its price target from $86.00 to $76.00. The company offers a 3.53% dividend yield and has maintained dividend payments for 34 consecutive years.
Evergy enters $500 million term loan agreement and ends prior facility
Evergy, Inc. announced a new $500 million unsecured term loan credit agreement with Wells Fargo Bank, set to expire in February 2027. The utility company will use the proceeds for working capital, capital expenditures, acquisitions, and general corporate purposes, including repaying a previous $55 million loan which was terminated without penalty. This financing occurs despite a substantial debt load and a recent downgrade of Evergy's stock rating by Mizuho due to valuation concerns.
Evergy enters $500 million term loan agreement and ends prior facility
Evergy, Inc. has secured a new $500 million unsecured term loan credit agreement, maturing on February 10, 2027, to be used for general corporate purposes including working capital and capital expenditures. This new agreement replaces a previous $55 million facility with Bank of America, which Evergy terminated without penalty. Despite managing a significant debt load, Evergy maintains a strong dividend profile, though its stock was recently downgraded by Mizuho due to valuation concerns.
Anterix Inc. SEC 10-Q Report
Anterix Inc. has released its Form 10-Q report for Q3 fiscal year 2025, detailing financial and operational performance. The company reported a net loss of $(6.601) million due to lower gains on intangible asset exchanges, despite a slight increase in spectrum revenue to $1.573 million. Anterix continues to focus on commercializing its 900 MHz spectrum assets and expanding its customer base in the utility and critical infrastructure sectors through new offerings like TowerX and CatalyX, and agreements with partners such as CPS Energy.
Evergy Signs Term Loan Credit Agreement With Wells Fargo Bank
Evergy has secured a new $500 million unsecured Term Loan Credit Agreement with Wells Fargo Bank, set to mature on February 10, 2027. The proceeds will be used for working capital, capital expenditures, acquisitions, and general corporate purposes, including repaying a previous $55 million loan. Concurrently, Evergy terminated an earlier facility with Bank of America without penalties, enhancing its liquidity and financial flexibility.
