Upside case
Bull case
$149+26.6%
ETR would need investors to value it at roughly 34x earnings — about 7x more generous than today's 27x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated May 1, 2026
Entergy Corporation (ETR) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
31
analysts
17 bullish · 0 bearish · 31 covering ETR
Strong Buy
0
Buy
17
Hold
14
Sell
0
Strong Sell
0
Consensus Target
$117
-0.4% vs today
Scenario Range
— – $149
Model bear to bull value window
Coverage
31
Published analyst ratings
Valuation Context
26.7x
Forward P/E · Market cap $53.7B
ETR price targets
Three scenarios for where ETR stock could go
Current
~$117
Confidence
58 / 100
Updated
May 1, 2026
Where we are now
Current · $117
Base
$134
Bull
$149
Market caseClosest to today
Base case
$134+14.4%
At 31x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
—
The bear case reflects a scenario where earnings shortfalls or multiple compression combine to materially reduce the stock from its current level.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Entergy Corporation
ETR · NYSEUtilitiesRegulated ElectricDecember year-end
Entergy Corporation is a regulated electric utility that generates, transmits, and distributes power to approximately 3 million customers across four southern states. It earns revenue primarily through regulated retail electricity sales — about 80% of its income — with the remainder from wholesale power generation and commodity trading. Its key advantage is its regulated monopoly status in its service territories, which provides stable, predictable returns through rate-based investments in transmission and generation infrastructure.
Market Cap
$53.7B
Revenue TTM
$13.3B
Net Income TTM
$1.8B
Net Margin
13.6%
ETR Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
82%Exceptional
12 quarters tracked
Revenue Beat Rate
36%Exceptional
vs consensus estimates
Avg EPS Surprise
+4.2%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 2 of 4Q3 2025
EPS
$1.06/—
Revenue
$3.3B/—
Q4 2025
EPS
$1.53/$1.43
Revenue
$3.8B/$3.7B
Q1 2026
EPS
$0.51/$0.52
Revenue
$3.0B/$2.8B
Q2 2026
EPS
$0.86/$0.84
Revenue
$3.2B/$2.9B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $1.06/— | — | $3.3B/— | — |
| Q4 2025 | $1.53/$1.43 | +7.0% | $3.8B/$3.7B | +2.4% |
| Q1 2026 | $0.51/$0.52 | -2.3% | $3.0B/$2.8B | +6.5% |
| Q2 2026 | $0.86/$0.84 | +2.4% | $3.2B/$2.9B | +10.3% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$13.9B
+4.9% YoY
FY2
$14.9B
+6.6% YoY
EPS Outlook
FY1
$4.22
+8.3% YoY
FY2
$4.47
+6.0% YoY
Trailing FCF (TTM)-$3.0B
FCF Margin: -22.6%
Next Earnings
—
Expected EPS
—
Expected Revenue
—
ETR beat EPS estimates in 2 of 4 tracked quarters. Mixed delivery makes the upcoming report a key data point for re-rating.
ETR Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2025
Total disclosed revenue $12.9B
Product Mix
Latest annual revenue by segment or product family
Residential
37.3%
+6.9% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
Segment breakdown not available for this company.
Residential is the largest disclosed segment at 37.3% of FY 2025 revenue, up 6.9% YoY.
ETR Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Significantly Overvalued
Fair value est. $78 — implies -33.2% from today's price.
Premium to Fair Value
33.2%
above fair value
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
ETR
30.0x
vs
S&P 500
25.1x
+20% premium
vs Utilities Trailing P/E
ETR
30.0x
vs
Utilities
20.1x
+50% premium
vs ETR 5Y Avg P/E
Today
30.0x
vs
5Y Average
21.0x
+43% premium
Forward PE
26.7x
S&P 500
19.1x
+40%
Utilities
17.5x
+53%
5Y Avg
—
—
Trailing PE
30.0x
S&P 500
25.1x
+20%
Utilities
20.1x
+50%
5Y Avg
21.0x
+43%
PEG Ratio
11.84x
S&P 500
1.72x
+590%
Utilities
1.69x
+601%
5Y Avg
—
—
EV/EBITDA
15.1x
S&P 500
15.2x
-1%
Utilities
11.4x
+33%
5Y Avg
11.7x
+29%
Price/FCF
—
S&P 500
21.1x
—
Utilities
15.1x
—
5Y Avg
—
—
Price/Sales
4.1x
S&P 500
3.1x
+33%
Utilities
2.2x
+93%
5Y Avg
2.3x
+83%
Dividend Yield
2.03%
S&P 500
1.87%
+9%
Utilities
3.06%
-34%
5Y Avg
3.38%
-40%
| Metric | ETR | S&P 500 | Utilities | 5Y Avg ETR |
|---|---|---|---|---|
| Forward PE | 26.7x | 19.1x+40% | 17.5x+53% | — |
| Trailing PE | 30.0x | 25.1x+20% | 20.1x+50% | 21.0x+43% |
| PEG Ratio | 11.84x | 1.72x+590% | 1.69x+601% | — |
| EV/EBITDA | 15.1x | 15.2x | 11.4x+33% | 11.7x+29% |
| Price/FCF | — | 21.1x | 15.1x | — |
| Price/Sales | 4.1x | 3.1x+33% | 2.2x+93% | 2.3x+83% |
| Dividend Yield | 2.03% | 1.87% | 3.06% | 3.38% |
ETR trades above S&P 500 benchmarks on 4 of 5 measured multiples — commands a broad premium across most valuation dimensions.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolETR Financial Health
Verdict
Exceptional
ETR earns 22.6% operating margin on regulated earnings, 2.0% dividend yield. Utilities carry higher leverage than industrials as a structural feature of the business model.
Regulated Operations
Revenue, regulated margins, and earnings
Revenue (TTM)
Trailing-twelve-month sales base
$13.3B
Revenue Growth
TTM vs prior year
+11.4%
Operating Margin
Operating income divided by revenue
22.6%
Net Margin
Net income divided by revenue
13.6%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$3.90
Operating Margin
Operating income over revenue — primary regulated earnings signal
22.6%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
5.0%
ROA
Return on assets, trailing twelve months
2.5%
Cash & Equivalents
Liquid assets on the balance sheet
$46M
Net Debt
Total debt minus cash
$30.9B
Debt Serviceability
Net debt as a multiple of annual free cash flow
—
Regulated utilities typically operate at 3–5× net debt/FCF — this is structural, not a risk flag.
ROE
Return on equity, trailing twelve months
10.6%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
2.0%
Dividend
2.0%
Buyback
0.0%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$0
Dividend / Share
Annualized trailing dividend per share
$2.39
Payout Ratio
Share of earnings distributed as dividends
60.6%
Shares Outstanding
Current diluted share count
458M
All figures from the trailing twelve months. Utilities operate with structural leverage (3–5× net debt/FCF) due to regulated, predictable cash flows.
Open full ratios pageETR Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated April 11, 2026
High Risk
Regulatory decisions impact
Unfavorable regulatory decisions could reduce earnings, hinder infrastructure funding, leading to dividend cuts or slower growth. The company may need to take on more debt to fund upgrades, impacting financial flexibility.
High Risk
Capital project execution risk
Delays, cost overruns, or unsuccessful outcomes in capital projects such as power generation facilities and infrastructure upgrades could materially affect Entergy's financial condition, operations, and liquidity. These risks may lead to higher debt servicing costs and reduced cash flow.
Medium
Interest rate sensitivity
Fluctuating interest rates can increase the cost of debt and affect the valuation of Entergy's fixed-income assets. Rising rates may squeeze margins and increase borrowing costs.
Medium
Debt structure concerns
Entergy's high debt-to-equity ratio, typical for utilities, may be a red flag for non-utility investors and limit financial flexibility. Elevated leverage can amplify the impact of interest rate hikes and market downturns.
Lower
Customer base sensitivity
Entergy's customer base includes a significant portion of industrial clients and lower-income residential customers, making it sensitive to economic downturns. Reduced demand during a recession could impact revenue and cash flow.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why ETR Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated April 11, 2026
Capital Plan Drives 2025-28 Growth
Entergy’s expanded $40 billion capital plan for 2025‑2028 focuses on grid modernization, storm resilience, and green energy investments. The plan is expected to lift industrial sales, which already show a 13% CAGR, and the company has raised its growth guidance to greater than 8% through 2028.
Fair Share Plus Data Center Model
The Fair Share Plus framework has data center clients fund their own power needs and contribute to grid upgrades, relieving infrastructure costs for households. This model supports large‑scale renewable and resilience investments, potentially delivering significant customer savings over time.
Q2 2025 Earnings Surge
Entergy reported Q2 2025 revenues up 12.7% year‑over‑year and net income surging 856.9% year‑over‑year. The company’s net margin is approximately 13.66%, indicating effective cost management.
Technical Buy Signals & RSI
Current technical indicators show 8 buy signals and 0 sell signals, with a 14‑day Relative Strength Index of 55.530, both suggesting a buy stance for the stock.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
ETR Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$117.36
52W Range Position
97%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$79.40
+47.8% from the low
52-Week High
$118.44
-0.9% from the high
1 Month
+2.44%
3 Month
+21.13%
YTD
+25.0%
1 Year
+39.1%
3Y CAGR
+29.8%
5Y CAGR
+17.0%
10Y CAGR
+11.8%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
ETR vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
26.7x
vs 19.2x median
+39% above peer median
Revenue Growth
+4.9%
vs +5.7% median
-13% below peer median
Net Margin
13.6%
vs 14.5% median
-6% below peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
ETR ETR Entergy Corporation | $53.7B | 26.7x | +4.9% | 13.6% | Buy | -0.4% |
SO SO The Southern Company | $108.1B | 21.0x | +4.5% | 14.5% | Hold | +3.9% |
DUK DUK Duke Energy Corporation | $99.3B | 19.0x | +4.8% | 15.4% | Hold | +6.2% |
D D Dominion Energy, Inc. | $55.4B | 17.6x | +5.7% | 13.5% | Hold | +5.2% |
AEP AEP American Electric Power Company, Inc. | $74.5B | 21.6x | +8.2% | 16.5% | Buy | -0.6% |
PPL PPL PPL Corporation | $27.8B | 19.2x | +6.8% | 13.1% | Buy | +11.3% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
ETR Dividend and Capital Return
ETR returns 2.0% total yield, led by a 2.03% dividend, raised 11 consecutive years.
Dividend WatchFCF Unknown
Total Shareholder Yield
2.0%
Dividend + buyback return per year
Buyback Yield
0.0%
Dividend Yield
2.03%
Payout Ratio
60.6%
How ETR Splits Its Return
Div 2.03%
Dividend 2.03%Buybacks 0.0%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$2.39
Growth Streak
Consecutive years of dividend increases
11Y
3Y Div CAGR
6.0%
5Y Div CAGR
5.5%
Ex-Dividend Date
—
Payment Cadence
Quarterly
4 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$0
Estimated Shares Retired
0
Approx. Share Reduction
0.0%
Shares Outstanding
Current diluted share count from the screening snapshot
458M
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $1.28 | — | — | — |
| 2025 | $2.44 | +6.3% | 0.0% | 2.6% |
| 2024 | $2.29 | +5.8% | 0.0% | 3.0% |
| 2023 | $2.17 | +5.9% | 0.0% | 4.3% |
| 2022 | $2.05 | +6.2% | 0.0% | 3.6% |
FAQ
7 questionsETR Investor Questions
Common questions answered from live analyst data and company financials.
01Is Entergy Corporation (ETR) stock a buy or sell in 2026?
Entergy Corporation (ETR) is rated Buy by Wall Street analysts as of 2026. Of 31 analysts covering the stock, 17 rate it Buy or Strong Buy, 14 rate it Hold, and 0 rate it Sell or Strong Sell. The consensus 12-month price target is $117, implying -0.4% from the current price of $117.
02What is the ETR stock price target for 2026?
The Wall Street consensus price target for ETR is $117 based on 31 analyst estimates. The high-end target is $135 (+15.0% from today), and the low-end target is $98 (-16.5%). The base case model target is $134.
03Is Entergy Corporation (ETR) stock overvalued in 2026?
ETR trades at 26.7x times forward earnings. The stock trades at a notable premium to the broad market, which is typical for businesses with strong free cash flow and above-average growth expectations. Based on current multiples versus the peer group, the relative model signals significantly overvalued. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Entergy Corporation (ETR) stock in 2026?
The primary risks for ETR in 2026 are: (1) Regulatory decisions impact — Unfavorable regulatory decisions could reduce earnings, hinder infrastructure funding, leading to dividend cuts or slower growth. (2) Capital project execution risk — Delays, cost overruns, or unsuccessful outcomes in capital projects such as power generation facilities and infrastructure upgrades could materially affect Entergy's financial condition, operations, and liquidity. (3) Interest rate sensitivity — Fluctuating interest rates can increase the cost of debt and affect the valuation of Entergy's fixed-income assets. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Entergy Corporation's revenue and earnings forecast?
Analyst consensus estimates ETR will report consensus revenue of $13.9B (+4.9% year-over-year) and EPS of $4.22 (+8.3% year-over-year) for the upcoming fiscal year. The following year, analysts project $14.9B in revenue.
06When does Entergy Corporation (ETR) report its next earnings?
A confirmed upcoming earnings date for ETR is not yet available. Check the Earnings section above for the most recent quarterly report dates and forward estimates.
07How much free cash flow does Entergy Corporation generate?
Entergy Corporation (ETR) had a free cash outflow of $3.0B in free cash flow over the trailing twelve months — a free cash flow margin of 22.6%. ETR returns capital to shareholders through dividends (2.0% yield) and share repurchases ($0 TTM).