Minnesota AG challenges Xcel Energy deal as 17 analysts rate Xcel Energy stock Buy
Published on 10/05/2026 at 11:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Xcel Energy (ISIN US98389B1008) was trading at EUR 63.75 at Lang & Schwarz on October 5, 2026 at 11:30 a.m. CEST, up 0.79 percent from the prior close of EUR 63.25. On October 1, 2026, Minnesota's attorney general asked regulators to withhold approval of Xcel Energy's 15-year Google electricity agreement, while MarketBeat counted 17 analysts behind a Buy consensus.
Minnesota review tests the deal
The regulatory dispute centers on Google's proposed Pine Island data center in Minnesota. As Mugglehead reported on October 3, 2026, the attorney general questioned Xcel's estimate of more than USD 1.1 billion in net benefits for other customers and said the arrangement could instead create close to USD 1.0 billion in net costs.
The agreement would support 1,900 megawatts of new clean energy, including 1,400 megawatts of wind, 200 megawatts of solar and 300 megawatts of long-duration battery storage. Mugglehead reported that Google would pay for new grid infrastructure and contribute USD 50.0 million to Xcel's distributed battery program, but formal commission approval remains part of the arrangement.
Results show a mixed operating picture
Yahoo Finance lists second-quarter 2026 revenue at USD 3.12 billion and earnings at USD 586.0 million, while the quarter's earnings per share reached USD 0.93 versus USD 0.79 consensus. The earnings comparison is favorable, but revenue was down 5.10 percent year over year, giving the regulatory debate a financial backdrop rather than a single-direction growth story.
MarketBeat reported that Scotiabank forecast USD 4.12 in fiscal-year 2026 earnings per share and assigned a Strong Buy rating. The same report gave Xcel Energy a consensus price target of USD 91.65, while the primary Nasdaq listing was quoted at USD 71.40 on October 5, 2026 in the finance data snapshot.
October earnings date is set
Yahoo Finance lists October 29, 2026 as Xcel Energy's next earnings date. The company had a USD 44.6 billion market capitalization on October 5, 2026, according to the MarketBeat market snapshot, placing the upcoming report alongside the unresolved customer-cost questions around the Google agreement.
EUR 63.75 at Lang & Schwarz
Xcel Energy was trading at EUR 63.75 at Lang & Schwarz on October 5, 2026 at 11:30 a.m. CEST, plus 0.79 percent versus the prior close of EUR 63.25. The primary listing is NASDAQ in USD, while the German investor reference remains the euro quote. The further course of trading is shown by the continuously updated real-time quote of Xcel Energy stock.
Xcel Energy stock facts
- Company: Xcel Energy Inc.
- ISIN: US98389B1008
- Ticker: XEL
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of October 5, 2026, 11:30 a.m. CEST: EUR 63.75
- Change versus prior close: plus 0.79 percent
- Prior close Lang & Schwarz September 30, 2026: EUR 63.25
- Market capitalization: USD 44.6 billion (as of October 5, 2026)
- Sector / Industry: Utilities / Regulated Electric
- Next earnings date: October 29, 2026
