Markets· August 17, 2026 at 03:51 p.m.
Entergy Stock Outlook: Analysts Remain Bullish Despite Q2 Misses
Key takeaways
- Entergy Corporation has underperformed the broader market over the past year
- Analysts have a 'Strong Buy' consensus rating for Entergy stock
- Entergy expects full-year adjusted EPS in the range of $4.25 to $4.45
Entergy Corporation, a leading integrated energy company headquartered in New Orleans, Louisiana, has underperformed the broader market over the past year. Despite this, analysts remain bullish on Entergy's stock, with a consensus rating of 'Strong Buy'.
Over the past year, Entergy shares have gained 19.4%, while the S&P 500 Index has rallied nearly 20.4%. However, in 2026, ETR stock is up 16.7%, surpassing the SPX's 13.7% rise on a YTD basis.
Compared to State Street Utilities Select Sector SPDR ETF (XLU), Entergy's outperformance is apparent. The ETF has gained about 3.2% over the past year, while ETR's double-digit returns on a YTD basis outshine the ETF's 3.8% gains over the same time frame.
On Jul. 29, Entergy reported its Q2 results, with adjusted EPS of $1.03 beating Wall Street expectations of $0.94. However, the company's revenue was $3.52 billion, missing Wall Street forecasts of $3.53 billion. Despite this, Entergy expects full-year adjusted EPS in the range of $4.25 to $4.45.
For the current fiscal year, ending in December, analysts expect Entergy's EPS to grow 12.5% to $4.40 on a diluted basis. The company's earnings surprise history is mixed, with three quarters of meeting or beating expectations and one quarter of missing.
Among the 23 analysts covering Entergy stock, Mizuho Financial Group, Inc. (MFG) analyst Anthony Crowdell maintains a 'Buy' rating on ETR and set a price target of $121, implying a potential upside of 12.2% from current levels.
